GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IDFC Ltd (BOM:532659) » Definitions » Shiller PE Ratio

IDFC (BOM:532659) Shiller PE Ratio : 31.70 (As of Jun. 19, 2024)


View and export this data going back to 2005. Start your Free Trial

What is IDFC Shiller PE Ratio?

As of today (2024-06-19), IDFC's current share price is ₹121.10. IDFC's E10 for the quarter that ended in Mar. 2024 was ₹3.82. IDFC's Shiller PE Ratio for today is 31.70.

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

BOM:532659' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.4   Med: 10.54   Max: 33.31
Current: 30.06

During the past years, IDFC's highest Shiller PE Ratio was 33.31. The lowest was 2.40. And the median was 10.54.

BOM:532659's Shiller PE Ratio is ranked worse than
87.05% of 757 companies
in the Asset Management industry
Industry Median: 12.76 vs BOM:532659: 30.06

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.

IDFC's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹2.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹3.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IDFC Shiller PE Ratio Historical Data

The historical data trend for IDFC'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.

IDFC Shiller PE Ratio Chart

IDFC 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 3.79 5.06 11.04 15.82 28.98

IDFC 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 15.82 22.22 30.21 32.60 28.98

Competitive Comparison of IDFC's Shiller PE Ratio

For the Asset Management subindustry, IDFC'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.


IDFC's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, IDFC's Shiller PE Ratio distribution charts can be found below:

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



IDFC 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.

IDFC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=121.10/3.82
=31.70

* 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.

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

For example, IDFC'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)
=2.17/153.0345*153.0345
=2.170

Current CPI (Mar. 2024) = 153.0345.

IDFC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 3.170 94.103 5.155
201409 2.750 96.780 4.348
201412 2.620 96.780 4.143
201503 2.370 97.163 3.733
201506 1.590 99.841 2.437
201509 -9.220 101.753 -13.867
201512 1.090 102.901 1.621
201603 0.810 102.518 1.209
201606 1.130 105.961 1.632
201609 1.760 105.961 2.542
201612 0.630 105.196 0.916
201703 0.840 105.196 1.222
201706 1.880 107.109 2.686
201709 1.130 109.021 1.586
201712 0.670 109.404 0.937
201803 0.010 109.786 0.014
201806 0.293 111.317 0.403
201809 0.670 115.142 0.890
201812 -4.200 115.142 -5.582
201903 -1.930 118.202 -2.499
201906 0.030 120.880 0.038
201909 -2.550 123.175 -3.168
201912 -2.150 126.235 -2.606
202003 -1.520 124.705 -1.865
202006 -0.170 127.000 -0.205
202009 -0.910 130.118 -1.070
202012 -1.280 130.889 -1.497
202103 0.250 131.771 0.290
202106 -2.570 134.084 -2.933
202109 1.650 135.847 1.859
202112 0.110 138.161 0.122
202203 1.210 138.822 1.334
202206 1.580 142.347 1.699
202209 2.080 144.661 2.200
202212 1.700 145.763 1.785
202303 21.200 146.865 22.091
202306 1.650 150.280 1.680
202309 1.400 151.492 1.414
202312 1.310 152.924 1.311
202403 2.170 153.035 2.170

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.


IDFC  (BOM:532659) 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.


IDFC Shiller PE Ratio Related Terms

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


IDFC (BOM:532659) Business Description

Traded in Other Exchanges
Address
906/907, 9th Floor, Jamnalal Bajaj Road, Embassy Centre, Nariman Point, Mumbai, MH, IND, 400021
IDFC Ltd is an Indian Non-Banking Finance company (NBFC). It is engaged in financing by way of loans, asset management, and investment banking, and Institutional Broking. It operates through the following segments: Financing and Others. The company operates only in the Indian market.

IDFC (BOM:532659) Headlines

No Headlines