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Bannari Amman Spinning Mills (BOM:532674) Shiller PE Ratio : 8.52 (As of May. 17, 2024)


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What is Bannari Amman Spinning Mills Shiller PE Ratio?

As of today (2024-05-17), Bannari Amman Spinning Mills's current share price is ₹50.94. Bannari Amman Spinning Mills's E10 for the quarter that ended in Dec. 2023 was ₹5.98. Bannari Amman Spinning Mills's Shiller PE Ratio for today is 8.52.

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

BOM:532674' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.64   Med: 7.17   Max: 13.59
Current: 8.26

During the past years, Bannari Amman Spinning Mills's highest Shiller PE Ratio was 13.59. The lowest was 3.64. And the median was 7.17.

BOM:532674's Shiller PE Ratio is ranked better than
83.63% of 623 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.68 vs BOM:532674: 8.26

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.

Bannari Amman Spinning Mills's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹5.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bannari Amman Spinning Mills Shiller PE Ratio Historical Data

The historical data trend for Bannari Amman Spinning Mills'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.

Bannari Amman Spinning Mills Shiller PE Ratio Chart

Bannari Amman Spinning Mills Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 11.86 5.55

Bannari Amman Spinning Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.46 5.55 7.17 7.80 7.94

Competitive Comparison of Bannari Amman Spinning Mills's Shiller PE Ratio

For the Textile Manufacturing subindustry, Bannari Amman Spinning Mills'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.


Bannari Amman Spinning Mills's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bannari Amman Spinning Mills's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bannari Amman Spinning Mills's Shiller PE Ratio falls into.



Bannari Amman Spinning Mills 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.

Bannari Amman Spinning Mills's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=50.94/5.98
=8.52

* 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.

Bannari Amman Spinning Mills's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Bannari Amman Spinning Mills's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.31/152.9243*152.9243
=-0.310

Current CPI (Dec. 2023) = 152.9243.

Bannari Amman Spinning Mills Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 1.038 85.687 1.853
201306 2.125 88.365 3.678
201309 2.519 91.042 4.231
201312 1.258 91.425 2.104
201403 0.564 91.425 0.943
201406 1.229 94.103 1.997
201409 0.529 96.780 0.836
201412 0.416 96.780 0.657
201503 0.535 97.163 0.842
201506 1.226 99.841 1.878
201509 1.622 101.753 2.438
201512 0.635 102.901 0.944
201603 0.513 102.518 0.765
201606 1.009 105.961 1.456
201609 1.661 105.961 2.397
201703 7.300 105.196 10.612
201803 5.568 109.786 7.756
201806 1.406 111.317 1.932
201809 1.717 115.142 2.280
201812 1.199 115.142 1.592
201903 -0.041 118.202 -0.053
201906 1.219 120.880 1.542
201909 0.563 123.175 0.699
201912 0.450 126.235 0.545
202003 -1.736 124.705 -2.129
202006 -4.876 127.000 -5.871
202009 -2.420 130.118 -2.844
202012 1.668 130.889 1.949
202103 2.434 131.771 2.825
202106 4.540 134.084 5.178
202109 5.770 135.847 6.495
202112 5.810 138.161 6.431
202203 -0.052 138.822 -0.057
202206 0.910 142.347 0.978
202209 -1.820 144.661 -1.924
202212 -2.070 145.763 -2.172
202303 -1.584 146.865 -1.649
202306 -0.740 150.280 -0.753
202309 -0.360 151.492 -0.363
202312 -0.310 152.924 -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.


Bannari Amman Spinning Mills  (BOM:532674) 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.


Bannari Amman Spinning Mills Shiller PE Ratio Related Terms

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Bannari Amman Spinning Mills (BOM:532674) Business Description

Traded in Other Exchanges
Address
252, Mettupalayam Road, Coimbatore, TN, IND, 641 043
Bannari Amman Spinning Mills Ltd is engaged in the manufacturing of grey woven fabrics, knitted fabrics, and cotton yarn. The company is also engaged in the business of processing fabrics, garments and wind power generation for captive consumption. It operates through the Textiles segment. Its divisions include Spinning, Weaving, Knitting, Processing, Garments, Home Textiles and Wind. The products offered by the company include Mercerised polos, Hoodies, Bed linen set, Baby bath towels and Baby duvet cover. Geographically, the group has a business presence in India and other countries, from which key revenue is derived within India.

Bannari Amman Spinning Mills (BOM:532674) Headlines

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