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Spectra Industries (BOM:513687) Shiller PE Ratio : (As of May. 16, 2024)


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What is Spectra Industries Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Spectra Industries Shiller PE Ratio Historical Data

The historical data trend for Spectra Industries's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Spectra Industries Shiller PE Ratio Chart

Spectra Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
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Spectra Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Spectra Industries's Shiller PE Ratio

For the Auto & Truck Dealerships subindustry, Spectra Industries's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spectra Industries's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Spectra Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Spectra Industries's Shiller PE Ratio falls into.



Spectra Industries Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Spectra Industries's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Spectra Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-1.74/152.9243*152.9243
=-1.740

Current CPI (Dec. 2023) = 152.9243.

Spectra Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.020 91.425 -0.033
201406 0.060 94.103 0.098
201409 0.100 96.780 0.158
201412 0.210 96.780 0.332
201503 -0.070 97.163 -0.110
201506 -0.524 99.841 -0.803
201509 -0.100 101.753 -0.150
201512 -0.170 102.901 -0.253
201603 1.110 102.518 1.656
201606 0.090 105.961 0.130
201609 -0.010 105.961 -0.014
201612 1.490 105.196 2.166
201703 0.160 105.196 0.233
201706 0.080 107.109 0.114
201709 0.590 109.021 0.828
201712 -2.280 109.404 -3.187
201803 -15.650 109.786 -21.799
201806 -0.980 111.317 -1.346
201809 -0.740 115.142 -0.983
201812 -0.860 115.142 -1.142
201903 -38.510 118.202 -49.822
201906 -0.400 120.880 -0.506
201909 -0.370 123.175 -0.459
201912 -0.340 126.235 -0.412
202003 -11.306 124.705 -13.864
202006 -0.550 127.000 -0.662
202009 -0.360 130.118 -0.423
202012 -0.850 130.889 -0.993
202103 -6.646 131.771 -7.713
202106 -0.450 134.084 -0.513
202109 -0.490 135.847 -0.552
202112 -0.670 138.161 -0.742
202203 -6.550 138.822 -7.215
202206 -0.470 142.347 -0.505
202209 -4.070 144.661 -4.302
202212 -2.090 145.763 -2.193
202303 1.940 146.865 2.020
202306 -1.780 150.280 -1.811
202309 -1.900 151.492 -1.918
202312 -1.740 152.924 -1.740

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Spectra Industries  (BOM:513687) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Spectra Industries Shiller PE Ratio Related Terms

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Spectra Industries (BOM:513687) Business Description

Traded in Other Exchanges
N/A
Address
Spectra Compound, Ramchandra Lane Extension, Plot No. 9, Kanchpada II, Malad (West), Mumbai, MH, IND, 400064
Spectra Industries Ltd is engaged in the Automobile Dealership Business of Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV) manufactured by Mahindra & Mahindra Ltd.

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