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Optimus Finance (BOM:531254) Shiller PE Ratio : 29.23 (As of Jun. 08, 2024)


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What is Optimus Finance Shiller PE Ratio?

As of today (2024-06-08), Optimus Finance's current share price is ₹90.02. Optimus Finance's E10 for the quarter that ended in Mar. 2024 was ₹3.08. Optimus Finance's Shiller PE Ratio for today is 29.23.

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

BOM:531254' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.58   Med: 31.46   Max: 60.25
Current: 29.21

During the past years, Optimus Finance's highest Shiller PE Ratio was 60.25. The lowest was 17.58. And the median was 31.46.

BOM:531254's Shiller PE Ratio is ranked worse than
70.74% of 1039 companies
in the Chemicals industry
Industry Median: 18.83 vs BOM:531254: 29.21

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.

Optimus Finance's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹2.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹3.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Optimus Finance Shiller PE Ratio Historical Data

The historical data trend for Optimus 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.

Optimus Finance Shiller PE Ratio Chart

Optimus Finance 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 - - 25.33 26.23 29.28

Optimus Finance 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 26.23 31.44 31.53 31.30 29.28

Competitive Comparison of Optimus Finance's Shiller PE Ratio

For the Chemicals subindustry, Optimus 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.


Optimus Finance's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



Optimus 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.

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

Shiller PE Ratio=Share Price/ E10
=90.02/3.08
=29.23

* 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.

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

For example, Optimus Finance'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)
=2.38/153.0345*153.0345
=2.380

Current CPI (Mar. 2024) = 153.0345.

Optimus Finance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 0.167 85.687 0.298
201306 -0.080 88.365 -0.139
201309 -0.040 91.042 -0.067
201312 -0.150 91.425 -0.251
201403 -0.590 91.425 -0.988
201412 -2.200 96.780 -3.479
201503 -0.790 97.163 -1.244
201603 -0.430 102.518 -0.642
201606 0.410 105.961 0.592
201609 1.000 105.961 1.444
201612 0.060 105.196 0.087
201703 0.160 105.196 0.233
201706 0.860 107.109 1.229
201709 0.290 109.021 0.407
201712 1.040 109.404 1.455
201803 -0.040 109.786 -0.056
201806 0.820 111.317 1.127
201809 0.830 115.142 1.103
201812 0.180 115.142 0.239
201903 1.090 118.202 1.411
201906 0.550 120.880 0.696
201909 0.560 123.175 0.696
201912 0.830 126.235 1.006
202003 0.930 124.705 1.141
202006 0.590 127.000 0.711
202009 1.520 130.118 1.788
202012 0.930 130.889 1.087
202103 0.560 131.771 0.650
202106 1.120 134.084 1.278
202109 1.160 135.847 1.307
202112 1.010 138.161 1.119
202203 1.450 138.822 1.598
202206 2.050 142.347 2.204
202209 2.320 144.661 2.454
202212 1.980 145.763 2.079
202303 1.130 146.865 1.177
202306 1.290 150.280 1.314
202309 1.050 151.492 1.061
202312 2.310 152.924 2.312
202403 2.380 153.035 2.380

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.


Optimus Finance  (BOM:531254) 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.


Optimus Finance Shiller PE Ratio Related Terms

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


Optimus Finance (BOM:531254) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Vikram Sarabhai Marg, 504 A, Ozone, Vadi-Wadi, Vadodara, GJ, IND, 390003
Optimus Finance Ltd is engaged in non-banking finance activity consisting of investment in shares and securities and other investment and financing activities. It is engaged in the business of loan and investment; importing and exporting lubricant oils, different types of base oils, and other chemical products used mainly in the automobile industry, power industry, and metal manufacturing among others. It operates through two business segments: Financing and Investing activity and Trading in Chemicals. It generates a majority of its revenues through trading in chemicals outside India.

Optimus Finance (BOM:531254) Headlines

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