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Gemstone Investments (BOM:531137) Shiller PE Ratio : 15.40 (As of May. 25, 2024)


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What is Gemstone Investments Shiller PE Ratio?

As of today (2024-05-25), Gemstone Investments's current share price is ₹1.54. Gemstone Investments's E10 for the quarter that ended in Dec. 2023 was ₹0.10. Gemstone Investments's Shiller PE Ratio for today is 15.40.

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

BOM:531137' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.22   Med: 12.38   Max: 22.8
Current: 16.31

During the past years, Gemstone Investments's highest Shiller PE Ratio was 22.80. The lowest was 7.22. And the median was 12.38.

BOM:531137's Shiller PE Ratio is ranked worse than
55.3% of 302 companies
in the Credit Services industry
Industry Median: 13.975 vs BOM:531137: 16.31

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.

Gemstone Investments's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gemstone Investments Shiller PE Ratio Historical Data

The historical data trend for Gemstone Investments'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.

Gemstone Investments Shiller PE Ratio Chart

Gemstone Investments 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 - - - 17.57 7.51

Gemstone Investments 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 14.75 7.51 8.11 9.80 11.58

Competitive Comparison of Gemstone Investments's Shiller PE Ratio

For the Credit Services subindustry, Gemstone Investments'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.


Gemstone Investments's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Gemstone Investments's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gemstone Investments's Shiller PE Ratio falls into.



Gemstone Investments 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.

Gemstone Investments's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.54/0.1
=15.40

* 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.

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

For example, Gemstone Investments'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)
=0.04/152.9243*152.9243
=0.040

Current CPI (Dec. 2023) = 152.9243.

Gemstone Investments Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.040 91.425 -0.067
201406 0.040 94.103 0.065
201409 0.050 96.780 0.079
201412 0.100 96.780 0.158
201503 -0.001 97.163 -0.002
201506 0.050 99.841 0.077
201509 0.050 101.753 0.075
201512 0.110 102.901 0.163
201603 -0.170 102.518 -0.254
201606 0.050 105.961 0.072
201609 0.039 105.961 0.056
201612 0.040 105.196 0.058
201703 -0.048 105.196 -0.070
201706 0.016 107.109 0.023
201709 0.032 109.021 0.045
201712 0.021 109.404 0.029
201803 -0.002 109.786 -0.003
201806 0.032 111.317 0.044
201809 0.035 115.142 0.046
201812 0.050 115.142 0.066
201903 -0.010 118.202 -0.013
201906 0.048 120.880 0.061
201909 0.047 123.175 0.058
201912 0.056 126.235 0.068
202003 -0.052 124.705 -0.064
202006 0.048 127.000 0.058
202009 0.055 130.118 0.065
202012 0.058 130.889 0.068
202103 -0.111 131.771 -0.129
202106 0.053 134.084 0.060
202109 0.010 135.847 0.011
202112 0.024 138.161 0.027
202203 -0.058 138.822 -0.064
202206 0.031 142.347 0.033
202209 0.023 144.661 0.024
202212 0.028 145.763 0.029
202303 -0.051 146.865 -0.053
202306 0.033 150.280 0.034
202309 0.059 151.492 0.060
202312 0.040 152.924 0.040

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.


Gemstone Investments  (BOM:531137) 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.


Gemstone Investments Shiller PE Ratio Related Terms

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Gemstone Investments (BOM:531137) Business Description

Traded in Other Exchanges
N/A
Address
Cardinal Gracious Road, Office No. A/301, Shubham Centre A Building CHS, Andheri East, Mumbai, MH, IND, 400093
Gemstone Investments Ltd is engaged in the non-banking finance business. The company caters to wholesale and retail traders, small-scale industries, and small borrowers by the way of equity investments. It generates revenue from interest income.

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