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VTM (BOM:532893) Shiller PE Ratio : 20.62 (As of Jun. 25, 2024)


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What is VTM Shiller PE Ratio?

As of today (2024-06-25), VTM's current share price is ₹66.82. VTM's E10 for the quarter that ended in Mar. 2024 was ₹3.24. VTM's Shiller PE Ratio for today is 20.62.

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

BOM:532893' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.07   Med: 14.54   Max: 23.27
Current: 21.03

During the past years, VTM's highest Shiller PE Ratio was 23.27. The lowest was 5.07. And the median was 14.54.

BOM:532893's Shiller PE Ratio is ranked worse than
54.44% of 630 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.915 vs BOM:532893: 21.03

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.

VTM's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹3.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VTM Shiller PE Ratio Historical Data

The historical data trend for VTM'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.

VTM Shiller PE Ratio Chart

VTM 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 5.42 7.12 12.68 14.01 22.12

VTM Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 15.27 14.01 18.36 19.59 22.12

Competitive Comparison of VTM's Shiller PE Ratio

For the Textile Manufacturing subindustry, VTM'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.


VTM's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



VTM 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.

VTM's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=66.82/3.24
=20.62

* 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.

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

For example, VTM'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)
=0.88/153.0345*153.0345
=0.880

Current CPI (Mar. 2024) = 153.0345.

VTM Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.030 91.425 -0.050
201406 1.000 94.103 1.626
201409 0.730 96.780 1.154
201412 0.530 96.780 0.838
201503 -0.280 97.163 -0.441
201506 0.980 99.841 1.502
201509 0.880 101.753 1.323
201512 0.520 102.901 0.773
201603 -0.060 102.518 -0.090
201606 1.040 105.961 1.502
201609 1.350 105.961 1.950
201612 0.270 105.196 0.393
201703 -0.460 105.196 -0.669
201706 0.560 107.109 0.800
201709 0.560 109.021 0.786
201712 0.540 109.404 0.755
201803 0.290 109.786 0.404
201806 0.680 111.317 0.935
201809 0.980 115.142 1.303
201812 0.480 115.142 0.638
201903 0.400 118.202 0.518
201906 0.750 120.880 0.950
201909 1.080 123.175 1.342
201912 0.730 126.235 0.885
202003 0.460 124.705 0.564
202006 0.130 127.000 0.157
202009 0.580 130.118 0.682
202012 1.040 130.889 1.216
202103 0.670 131.771 0.778
202106 0.660 134.084 0.753
202109 1.000 135.847 1.127
202112 0.750 138.161 0.831
202203 1.290 138.822 1.422
202206 0.910 142.347 0.978
202209 0.380 144.661 0.402
202212 0.280 145.763 0.294
202303 0.700 146.865 0.729
202309 1.250 151.492 1.263
202312 1.150 152.924 1.151
202403 0.880 153.035 0.880

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.


VTM  (BOM:532893) 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.


VTM Shiller PE Ratio Related Terms

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


VTM (BOM:532893) Business Description

Traded in Other Exchanges
N/A
Address
Virudhunagar, Sulakarai, TN, IND, 626 003
Vtm Ltd is an India-based textile manufacturing company. The company offers products such as twills, sateens, piques, yarn-dyed, jacquards, and woven fabrics. In addition, the company specializes in the manufacturing of grey weaving requirements for both the export and domestic markets.

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