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Plastiblends India (BOM:523648) Shiller PE Ratio : 18.37 (As of Sep. 25, 2024)


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What is Plastiblends India Shiller PE Ratio?

As of today (2024-09-25), Plastiblends India's current share price is ₹321.45. Plastiblends India's E10 for the quarter that ended in Jun. 2024 was ₹17.50. Plastiblends India's Shiller PE Ratio for today is 18.37.

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

BOM:523648' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.13   Med: 13.06   Max: 20.59
Current: 18

During the past years, Plastiblends India's highest Shiller PE Ratio was 20.59. The lowest was 4.13. And the median was 13.06.

BOM:523648's Shiller PE Ratio is ranked better than
51.3% of 961 companies
in the Chemicals industry
Industry Median: 18.67 vs BOM:523648: 18.00

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.

Plastiblends India's adjusted earnings per share data for the three months ended in Jun. 2024 was ₹4.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹17.50 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plastiblends India Shiller PE Ratio Historical Data

The historical data trend for Plastiblends 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.

Plastiblends India Shiller PE Ratio Chart

Plastiblends 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 4.20 12.33 12.34 9.00 13.46

Plastiblends India Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 11.26 13.83 17.10 13.46 15.38

Competitive Comparison of Plastiblends India's Shiller PE Ratio

For the Specialty Chemicals subindustry, Plastiblends 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.


Plastiblends India's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Plastiblends India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Plastiblends India's Shiller PE Ratio falls into.



Plastiblends 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.

Plastiblends India's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=321.45/17.5
=18.37

* 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.

Plastiblends India's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Plastiblends India's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=4.17/155.7889*155.7889
=4.170

Current CPI (Jun. 2024) = 155.7889.

Plastiblends India Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 3.425 96.780 5.513
201412 2.305 96.780 3.710
201503 3.525 97.163 5.652
201506 4.060 99.841 6.335
201509 3.405 101.753 5.213
201512 3.410 102.901 5.163
201603 3.625 102.518 5.509
201606 4.250 105.961 6.249
201609 3.320 105.961 4.881
201612 2.480 105.196 3.673
201703 7.070 105.196 10.470
201706 2.030 107.109 2.953
201709 1.080 109.021 1.543
201712 2.060 109.404 2.933
201803 6.140 109.786 8.713
201806 3.870 111.317 5.416
201809 2.500 115.142 3.383
201812 2.180 115.142 2.950
201903 3.430 118.202 4.521
201906 4.420 120.880 5.696
201909 3.590 123.175 4.541
201912 4.390 126.235 5.418
202003 1.910 124.705 2.386
202006 2.400 127.000 2.944
202009 2.940 130.118 3.520
202012 4.380 130.889 5.213
202103 4.660 131.771 5.509
202106 2.600 134.084 3.021
202109 2.120 135.847 2.431
202112 4.650 138.161 5.243
202203 4.760 138.822 5.342
202206 3.840 142.347 4.203
202209 1.620 144.661 1.745
202212 1.530 145.763 1.635
202303 3.340 146.865 3.543
202306 2.940 150.280 3.048
202309 3.670 151.492 3.774
202312 2.540 152.924 2.588
202403 4.130 153.035 4.204
202406 4.170 155.789 4.170

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.


Plastiblends India  (BOM:523648) 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.


Plastiblends India Shiller PE Ratio Related Terms

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


Plastiblends India Business Description

Traded in Other Exchanges
Address
New Link Road, Opposite Citi Mall, 10th Floor, Fortune Terraces, A-Wing, Andheri (West), Mumbai, MH, IND, 400 053
Plastiblends India Ltd is a manufacturer and sells Masterbatches and thermoplastic compounds. The company's products are applicable in various plastic processing industries, such as Flexible Packaging, Agriculture, Irrigation, Piping, Infrastructure, and Consumer Durables. The company's product includes Addictive Masterbatches, Polycolor, Polycolor Black, Polycolor White, and Polywhite Fillers, among others. The group principally operates in India.

Plastiblends India Headlines

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