GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mini Diamonds (India) Ltd (BOM:523373) » Definitions » Shiller PE Ratio

Mini Diamonds (India) (BOM:523373) Shiller PE Ratio : 125.30 (As of Jun. 23, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Mini Diamonds (India) Shiller PE Ratio?

As of today (2024-06-23), Mini Diamonds (India)'s current share price is ₹80.19. Mini Diamonds (India)'s E10 for the quarter that ended in Mar. 2024 was ₹0.64. Mini Diamonds (India)'s Shiller PE Ratio for today is 125.30.

The historical rank and industry rank for Mini Diamonds (India)'s Shiller PE Ratio or its related term are showing as below:

BOM:523373' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.61   Med: 52.83   Max: 130.48
Current: 129.67

During the past years, Mini Diamonds (India)'s highest Shiller PE Ratio was 130.48. The lowest was 5.61. And the median was 52.83.

BOM:523373's Shiller PE Ratio is ranked worse than
95.63% of 572 companies
in the Retail - Cyclical industry
Industry Median: 17.16 vs BOM:523373: 129.67

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Mini Diamonds (India)'s adjusted earnings per share data for the three months ended in Mar. 2024 was ₹1.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mini Diamonds (India) Shiller PE Ratio Historical Data

The historical data trend for Mini Diamonds (India)'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.

Mini Diamonds (India) Shiller PE Ratio Chart

Mini Diamonds (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 12.40 94.14 56.72 74.53

Mini Diamonds (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 56.72 46.68 89.40 31.45 74.53

Competitive Comparison of Mini Diamonds (India)'s Shiller PE Ratio

For the Luxury Goods subindustry, Mini Diamonds (India)'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.


Mini Diamonds (India)'s Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mini Diamonds (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mini Diamonds (India)'s Shiller PE Ratio falls into.



Mini Diamonds (India) 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.

Mini Diamonds (India)'s Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=80.19/0.64
=125.30

* 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.

Mini Diamonds (India)'s E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Mini Diamonds (India)'s adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.9/153.0345*153.0345
=1.900

Current CPI (Mar. 2024) = 153.0345.

Mini Diamonds (India) Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.177 94.103 0.288
201409 0.106 96.780 0.168
201412 0.222 96.780 0.351
201503 1.089 97.163 1.715
201506 0.000 99.841 0.000
201509 0.015 101.753 0.023
201512 0.227 102.901 0.338
201603 0.000 102.518 0.000
201606 0.902 105.961 1.303
201609 0.499 105.961 0.721
201612 0.730 105.196 1.062
201703 -0.440 105.196 -0.640
201706 0.320 107.109 0.457
201709 0.470 109.021 0.660
201712 0.180 109.404 0.252
201803 -0.090 109.786 -0.125
201806 0.340 111.317 0.467
201809 0.030 115.142 0.040
201812 -0.910 115.142 -1.209
201903 -2.690 118.202 -3.483
201906 0.010 120.880 0.013
201909 0.060 123.175 0.075
201912 0.460 126.235 0.558
202003 -3.320 124.705 -4.074
202006 -0.230 127.000 -0.277
202009 -0.090 130.118 -0.106
202012 0.070 130.889 0.082
202103 0.670 131.771 0.778
202106 0.230 134.084 0.263
202109 0.750 135.847 0.845
202112 0.260 138.161 0.288
202203 -0.610 138.822 -0.672
202206 0.850 142.347 0.914
202209 0.400 144.661 0.423
202212 0.690 145.763 0.724
202303 -0.310 146.865 -0.323
202306 0.420 150.280 0.428
202309 -1.640 151.492 -1.657
202312 3.550 152.924 3.553
202403 1.900 153.035 1.900

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.


Mini Diamonds (India)  (BOM:523373) 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.


Mini Diamonds (India) Shiller PE Ratio Related Terms

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


Mini Diamonds (India) (BOM:523373) Business Description

Traded in Other Exchanges
N/A
Address
DW-9020, Bharat Diamond Bourse, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051
Mini Diamonds (India) Ltd is an India-based company engaged in Diamonds Trading and Manufacturing. The diamonds provided by the company include Cut and Polished Diamonds with all modern machinery like Sarin Technology, Auto Bruting Machines, Semi Automatic Polishing Mills, Sawing Machines, etc. It operates in one segment which is Jewellery manufacturing.

Mini Diamonds (India) (BOM:523373) Headlines

No Headlines