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Narendra Properties (BOM:531416) Shiller PE Ratio : 26.79 (As of Jun. 25, 2024)


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What is Narendra Properties Shiller PE Ratio?

As of today (2024-06-25), Narendra Properties's current share price is ₹41.53. Narendra Properties's E10 for the quarter that ended in Mar. 2024 was ₹1.55. Narendra Properties's Shiller PE Ratio for today is 26.79.

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

BOM:531416' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.64   Med: 20   Max: 35.34
Current: 25.97

During the past years, Narendra Properties's highest Shiller PE Ratio was 35.34. The lowest was 12.64. And the median was 20.00.

BOM:531416's Shiller PE Ratio is ranked worse than
81.35% of 1078 companies
in the Real Estate industry
Industry Median: 10.95 vs BOM:531416: 25.97

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.

Narendra Properties's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹-4.962. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹1.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Narendra Properties Shiller PE Ratio Historical Data

The historical data trend for Narendra Properties'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.

Narendra Properties Shiller PE Ratio Chart

Narendra Properties 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 - 6.70 25.72 12.61 30.78

Narendra Properties 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 12.61 14.52 14.07 20.74 30.78

Competitive Comparison of Narendra Properties's Shiller PE Ratio

For the Real Estate - Development subindustry, Narendra Properties'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.


Narendra Properties's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Narendra Properties's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Narendra Properties's Shiller PE Ratio falls into.



Narendra Properties 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.

Narendra Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=41.53/1.55
=26.79

* 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.

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

For example, Narendra Properties'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)
=-4.962/153.0345*153.0345
=-4.962

Current CPI (Mar. 2024) = 153.0345.

Narendra Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.190 94.103 0.309
201409 0.130 96.780 0.206
201412 0.180 96.780 0.285
201503 0.220 97.163 0.347
201506 0.160 99.841 0.245
201509 0.120 101.753 0.180
201512 0.090 102.901 0.134
201603 0.080 102.518 0.119
201606 -0.040 105.961 -0.058
201609 -0.270 105.961 -0.390
201612 -0.180 105.196 -0.262
201703 -0.320 105.196 -0.466
201706 -0.360 107.109 -0.514
201709 -0.360 109.021 -0.505
201712 -0.460 109.404 -0.643
201803 -0.290 109.786 -0.404
201806 -0.350 111.317 -0.481
201809 -0.290 115.142 -0.385
201812 -0.300 115.142 -0.399
201903 -0.350 118.202 -0.453
201906 -0.330 120.880 -0.418
201909 -0.420 123.175 -0.522
201912 -0.360 126.235 -0.436
202003 -0.350 124.705 -0.430
202006 -0.290 127.000 -0.349
202009 -0.340 130.118 -0.400
202012 14.760 130.889 17.257
202103 -1.552 131.771 -1.802
202106 -0.439 134.084 -0.501
202109 -0.476 135.847 -0.536
202112 -0.806 138.161 -0.893
202203 -1.726 138.822 -1.903
202206 -0.544 142.347 -0.585
202209 -0.569 144.661 -0.602
202212 -0.892 145.763 -0.936
202303 8.053 146.865 8.391
202306 0.944 150.280 0.961
202309 8.245 151.492 8.329
202312 -1.067 152.924 -1.068
202403 -4.962 153.035 -4.962

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.


Narendra Properties  (BOM:531416) 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.


Narendra Properties Shiller PE Ratio Related Terms

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Narendra Properties (BOM:531416) Business Description

Traded in Other Exchanges
N/A
Address
Barnaby Road, Makanji House, 2nd Floor, No. 49 (Old No. 25), Kilpauk, Chennai, TN, IND, 600 010
Narendra Properties Ltd is an India-based real estate company. It is involved in undertaking development projects of residential and commercial multi-storied apartment complexes. In addition, it also undertakes civil construction projects. The company operates in the development of commercial and residential properties segment. Some of its projects are Devi, Anjli, Agastya, Manor and others. Geographically operates only in India.

Narendra Properties (BOM:531416) Headlines

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