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Rasi Electrodes (BOM:531233) Shiller PE Ratio : 36.26 (As of Jun. 23, 2024)


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What is Rasi Electrodes Shiller PE Ratio?

As of today (2024-06-23), Rasi Electrodes's current share price is ₹29.01. Rasi Electrodes's E10 for the quarter that ended in Mar. 2024 was ₹0.80. Rasi Electrodes's Shiller PE Ratio for today is 36.26.

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

BOM:531233' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.12   Med: 15.23   Max: 39.16
Current: 36.29

During the past years, Rasi Electrodes's highest Shiller PE Ratio was 39.16. The lowest was 3.12. And the median was 15.23.

BOM:531233's Shiller PE Ratio is ranked worse than
66.55% of 1767 companies
in the Industrial Products industry
Industry Median: 24.7 vs BOM:531233: 36.29

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.

Rasi Electrodes's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rasi Electrodes Shiller PE Ratio Historical Data

The historical data trend for Rasi Electrodes'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.

Rasi Electrodes Shiller PE Ratio Chart

Rasi Electrodes 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 - 5.94 12.03 16.85 27.37

Rasi Electrodes 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 16.85 20.24 25.96 29.88 27.37

Competitive Comparison of Rasi Electrodes's Shiller PE Ratio

For the Tools & Accessories subindustry, Rasi Electrodes'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.


Rasi Electrodes's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rasi Electrodes's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Rasi Electrodes's Shiller PE Ratio falls into.



Rasi Electrodes 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.

Rasi Electrodes's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=29.01/0.8
=36.26

* 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.

Rasi Electrodes's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Rasi Electrodes'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)
=0.31/153.0345*153.0345
=0.310

Current CPI (Mar. 2024) = 153.0345.

Rasi Electrodes Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.510 94.103 0.829
201409 0.460 96.780 0.727
201412 0.730 96.780 1.154
201503 0.006 97.163 0.009
201506 0.320 99.841 0.490
201509 0.170 101.753 0.256
201512 0.080 102.901 0.119
201603 -0.070 102.518 -0.104
201606 -0.010 105.961 -0.014
201609 0.169 105.961 0.244
201612 0.050 105.196 0.073
201703 -0.030 105.196 -0.044
201706 -0.030 107.109 -0.043
201709 0.090 109.021 0.126
201712 0.040 109.404 0.056
201803 0.280 109.786 0.390
201806 0.100 111.317 0.137
201809 0.130 115.142 0.173
201812 0.070 115.142 0.093
201903 0.020 118.202 0.026
201906 0.080 120.880 0.101
201909 0.220 123.175 0.273
201912 -0.030 126.235 -0.036
202003 -0.120 124.705 -0.147
202006 -0.010 127.000 -0.012
202009 0.170 130.118 0.200
202012 0.235 130.889 0.275
202103 0.035 131.771 0.041
202106 0.140 134.084 0.160
202109 0.220 135.847 0.248
202112 0.166 138.161 0.184
202203 0.132 138.822 0.146
202206 0.210 142.347 0.226
202209 0.290 144.661 0.307
202212 0.310 145.763 0.325
202303 -0.030 146.865 -0.031
202306 0.180 150.280 0.183
202309 0.300 151.492 0.303
202312 0.240 152.924 0.240
202403 0.310 153.035 0.310

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.


Rasi Electrodes  (BOM:531233) 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.


Rasi Electrodes Shiller PE Ratio Related Terms

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Rasi Electrodes (BOM:531233) Business Description

Traded in Other Exchanges
N/A
Address
Number 21, Raja Annamalai Road, Flat A/14, Rams Apartment, 3rd Floor, Purasawalkam, Chennai, TN, IND, 600084
Rasi Electrodes Ltd is an Indian company engaged in manufacturing welding consumables catering to the requirements of the Heavy Engineering and Light Engineering industries. The Company is a supplier of welding consumables under the brand name RASI for public-sector undertakings private-sector engineering conglomerates and other Original Equipment Manufacturers. The Company also deals in diverse welding products such as welding machines and accessories.

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