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Eastern Treads (BOM:531346) Shiller PE Ratio : (As of May. 08, 2025)


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What is Eastern Treads Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastern Treads Shiller PE Ratio Historical Data

The historical data trend for Eastern Treads'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.

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Eastern Treads Shiller PE Ratio Chart

Eastern Treads 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 - 49.02 - - -

Eastern Treads Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - -

Competitive Comparison of Eastern Treads's Shiller PE Ratio

For the Auto Parts subindustry, Eastern Treads'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.


Eastern Treads's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Eastern Treads's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Eastern Treads's Shiller PE Ratio falls into.


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Eastern Treads 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.

Eastern Treads's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Eastern Treads's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.89/158.3229*158.3229
=-0.890

Current CPI (Dec. 2024) = 158.3229.

Eastern Treads Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 -0.588 97.163 -0.958
201506 1.450 99.841 2.299
201509 1.370 101.753 2.132
201512 2.160 102.901 3.323
201603 1.540 102.518 2.378
201606 1.500 105.961 2.241
201609 0.670 105.961 1.001
201612 0.310 105.196 0.467
201703 -0.580 105.196 -0.873
201706 -3.030 107.109 -4.479
201709 -2.670 109.021 -3.877
201712 -0.060 109.404 -0.087
201803 1.380 109.786 1.990
201806 -0.090 111.317 -0.128
201809 -2.540 115.142 -3.493
201812 -0.210 115.142 -0.289
201903 -0.530 118.202 -0.710
201906 -0.190 120.880 -0.249
201909 -0.130 123.175 -0.167
201912 -0.640 126.235 -0.803
202003 -1.610 124.705 -2.044
202006 -1.570 127.000 -1.957
202009 -0.770 130.118 -0.937
202012 1.640 130.889 1.984
202103 -0.830 131.771 -0.997
202106 -2.840 134.084 -3.353
202109 -4.090 135.847 -4.767
202112 -4.260 138.161 -4.882
202203 -7.580 138.822 -8.645
202206 -3.400 142.347 -3.782
202209 -4.020 144.661 -4.400
202212 -3.330 145.763 -3.617
202303 -3.080 146.865 -3.320
202306 -2.360 150.280 -2.486
202309 -1.730 151.492 -1.808
202312 -0.200 152.924 -0.207
202403 -1.340 153.035 -1.386
202406 -2.670 155.789 -2.713
202409 -1.790 157.882 -1.795
202412 -0.890 158.323 -0.890

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.


Eastern Treads  (BOM:531346) 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.


Eastern Treads Shiller PE Ratio Related Terms

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Eastern Treads Business Description

Traded in Other Exchanges
N/A
Address
NH Bypass, 3A, Eastern Corporate Office, 34/137 E, 3rd Floor, Edappally, Ernakulam, Kochi, KL, IND, 682024
Eastern Treads Ltd is engaged in the business of manufacturing and dealing with tread rubber, rubber-based adhesives, tyre retreading accessories, and retreading services. Its product portfolio includes Precured Tread Rubber, Bonding Gum, Repair Patches, Hot Rubber Slab and Camel Back Treads, and Black Vulcanising Cement. Geographically, it operates in India.

Eastern Treads Headlines

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