GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yarn Syndicate Ltd (BOM:514378) » Definitions » Shiller PE Ratio

Yarn Syndicate (BOM:514378) Shiller PE Ratio : (As of May. 01, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Yarn Syndicate Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Yarn Syndicate Shiller PE Ratio Historical Data

The historical data trend for Yarn Syndicate'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.

* Premium members only.

Yarn Syndicate Shiller PE Ratio Chart

Yarn Syndicate Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Yarn Syndicate Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Yarn Syndicate's Shiller PE Ratio

For the Textile Manufacturing subindustry, Yarn Syndicate'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.


Yarn Syndicate's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yarn Syndicate's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Yarn Syndicate's Shiller PE Ratio falls into.



Yarn Syndicate 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.

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

For example, Yarn Syndicate'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)
=0.039/153.2548*153.2548
=0.039

Current CPI (Dec. 2023) = 153.2548.

Yarn Syndicate Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -1.304 91.425 -2.186
201406 -0.821 94.103 -1.337
201409 -0.869 96.780 -1.376
201412 -0.859 96.780 -1.360
201503 -1.864 97.163 -2.940
201506 -0.782 99.841 -1.200
201509 -0.821 101.753 -1.237
201512 -0.705 102.901 -1.050
201603 -5.446 102.518 -8.141
201606 -0.589 105.961 -0.852
201609 -0.285 105.961 -0.412
201612 0.212 105.196 0.309
201703 0.058 105.196 0.084
201706 -0.290 107.109 -0.415
201709 -0.174 109.021 -0.245
201712 8.401 109.404 11.768
201803 -0.435 109.786 -0.607
201806 -0.174 111.317 -0.240
201809 0.541 115.142 0.720
201812 0.811 115.142 1.079
201903 -0.811 118.202 -1.052
201906 -0.222 120.880 -0.281
201909 -1.970 123.175 -2.451
201912 -0.106 126.235 -0.129
202003 -1.168 124.705 -1.435
202006 -0.058 127.000 -0.070
202009 -0.155 130.118 -0.183
202012 -0.106 130.889 -0.124
202103 -0.570 131.771 -0.663
202106 -0.174 134.084 -0.199
202109 0.299 135.847 0.337
202112 0.299 138.161 0.332
202203 0.607 138.822 0.670
202206 -0.174 142.347 -0.187
202209 -0.077 144.661 -0.082
202212 -0.106 145.763 -0.111
202303 -0.058 146.865 -0.061
202306 -0.155 150.280 -0.158
202309 0.097 151.492 0.098
202312 0.039 153.255 0.039

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.


Yarn Syndicate  (BOM:514378) 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.


Yarn Syndicate Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Yarn Syndicate's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Yarn Syndicate (BOM:514378) Business Description

Traded in Other Exchanges
Address
86/2/4, S.N. Banerjee Road, 1st Floor, Flat No. 2, Kolkata, WB, IND, 700 014
Yarn Syndicate Ltd is engaged in the trading and export of yarn. The company offers various products such as Cotton yarn, Synthetic yarn, Blended yarn, Melange and Heathers yarn, Knitted and Woven Fabrics.

Yarn Syndicate (BOM:514378) Headlines

No Headlines