GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Manappuram Finance Ltd (BOM:531213) » Definitions » Shiller PE Ratio

Manappuram Finance (BOM:531213) Shiller PE Ratio : 2.20 (As of May. 24, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Manappuram Finance Shiller PE Ratio?

As of today (2024-05-24), Manappuram Finance's current share price is ₹178.60. Manappuram Finance's E10 for the quarter that ended in Dec. 2023 was ₹81.04. Manappuram Finance's Shiller PE Ratio for today is 2.20.

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

BOM:531213' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.78   Max: 3.14
Current: 2.27

During the past years, Manappuram Finance's highest Shiller PE Ratio was 3.14. The lowest was 1.21. And the median was 1.78.

BOM:531213's Shiller PE Ratio is ranked better than
96.68% of 301 companies
in the Credit Services industry
Industry Median: 13.99 vs BOM:531213: 2.27

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.

Manappuram Finance's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹6.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹81.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manappuram Finance Shiller PE Ratio Historical Data

The historical data trend for Manappuram Finance'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.

Manappuram Finance Shiller PE Ratio Chart

Manappuram Finance 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 - - 2.23 1.60 1.62

Manappuram Finance 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 1.55 1.62 1.68 1.88 2.12

Competitive Comparison of Manappuram Finance's Shiller PE Ratio

For the Credit Services subindustry, Manappuram Finance'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.


Manappuram Finance's Shiller PE Ratio Distribution in the Credit Services Industry

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

* The bar in red indicates where Manappuram Finance's Shiller PE Ratio falls into.



Manappuram Finance 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.

Manappuram Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=178.60/81.04
=2.20

* 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.

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

For example, Manappuram Finance'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)
=6.79/152.9243*152.9243
=6.790

Current CPI (Dec. 2023) = 152.9243.

Manappuram Finance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.390 91.425 0.652
201406 0.520 94.103 0.845
201409 0.910 96.780 1.438
201412 0.960 96.780 1.517
201503 0.840 97.163 1.322
201506 0.700 99.841 1.072
201509 0.750 101.753 1.127
201512 1.190 102.901 1.768
201603 1.550 102.518 2.312
201606 1.900 105.961 2.742
201609 2.290 105.961 3.305
201612 2.410 105.196 3.503
201703 2.380 105.196 3.460
201706 1.990 107.109 2.841
201709 1.890 109.021 2.651
201712 2.040 109.404 2.852
201803 2.160 109.786 3.009
201806 2.350 111.317 3.228
201809 2.650 115.142 3.520
201812 2.930 115.142 3.891
201903 3.194 118.202 4.132
201906 3.150 120.880 3.985
201909 3.150 123.175 3.911
201912 4.900 126.235 5.936
202003 4.320 124.705 5.298
202006 4.350 127.000 5.238
202009 4.790 130.118 5.630
202012 571.000 130.889 667.128
202103 5.540 131.771 6.429
202106 5.160 134.084 5.885
202109 4.370 135.847 4.919
202112 3.080 138.161 3.409
202203 3.075 138.822 3.387
202206 3.330 142.347 3.577
202209 4.840 144.661 5.116
202212 4.650 145.763 4.878
202303 4.855 146.865 5.055
202306 5.880 150.280 5.983
202309 6.620 151.492 6.683
202312 6.790 152.924 6.790

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.


Manappuram Finance  (BOM:531213) 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.


Manappuram Finance Shiller PE Ratio Related Terms

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


Manappuram Finance (BOM:531213) Business Description

Traded in Other Exchanges
Address
Manappuram House, 5th Floor, IV/470A (Old), W638A (New), Valapad, Thrissur, KL, IND, 680567
Manappuram Finance Ltd is an Indian non-banking financial company. It is engaged in providing gold loans, microfinance, housing loans, and commercial vehicle loans. The company's products include SME loans, online gold loans, money transfers, domestic money transfers, foreign exchange, loans against property, depository services, and commercial vehicle loans. It also provides loans against a property to self-employed professionals, non-professionals and individuals/proprietorship, partnership and limited companies as well as commercial vehicle loans to first-time users, captive customers, fleet owners, and others. The company manages its business in the below segments namely Microfinance, Gold loan and others. It generates maximum revenue from Gold loans and other segments.

Manappuram Finance (BOM:531213) Headlines

No Headlines