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Aries Agro (BOM:532935) Shiller PE Ratio : 18.00 (As of May. 26, 2024)


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What is Aries Agro Shiller PE Ratio?

As of today (2024-05-26), Aries Agro's current share price is ₹242.10. Aries Agro's E10 for the quarter that ended in Dec. 2023 was ₹13.45. Aries Agro's Shiller PE Ratio for today is 18.00.

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

BOM:532935' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.41   Med: 12.56   Max: 22.61
Current: 17.99

During the past years, Aries Agro's highest Shiller PE Ratio was 22.61. The lowest was 8.41. And the median was 12.56.

BOM:532935's Shiller PE Ratio is ranked worse than
58.17% of 153 companies
in the Agriculture industry
Industry Median: 16.3 vs BOM:532935: 17.99

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.

Aries Agro's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹6.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹13.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aries Agro Shiller PE Ratio Historical Data

The historical data trend for Aries Agro'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.

Aries Agro Shiller PE Ratio Chart

Aries Agro 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 - - - 11.09 11.26

Aries Agro 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 15.04 11.26 12.57 13.03 15.20

Competitive Comparison of Aries Agro's Shiller PE Ratio

For the Agricultural Inputs subindustry, Aries Agro'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.


Aries Agro's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Aries Agro's Shiller PE Ratio distribution charts can be found below:

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



Aries Agro 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.

Aries Agro's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=242.10/13.45
=18.00

* 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.

Aries Agro's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Aries Agro'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)
=6/152.9243*152.9243
=6.000

Current CPI (Dec. 2023) = 152.9243.

Aries Agro Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.590 91.425 -0.987
201406 2.130 94.103 3.461
201409 5.420 96.780 8.564
201412 4.690 96.780 7.411
201503 0.733 97.163 1.154
201506 1.950 99.841 2.987
201509 2.430 101.753 3.652
201512 5.340 102.901 7.936
201603 -0.060 102.518 -0.090
201606 0.780 105.961 1.126
201609 4.800 105.961 6.927
201612 1.910 105.196 2.777
201703 -2.060 105.196 -2.995
201706 1.460 107.109 2.085
201709 5.630 109.021 7.897
201712 3.820 109.404 5.340
201803 -2.850 109.786 -3.970
201806 2.430 111.317 3.338
201809 6.820 115.142 9.058
201812 2.330 115.142 3.095
201903 -3.980 118.202 -5.149
201906 3.050 120.880 3.859
201909 8.730 123.175 10.838
201912 3.650 126.235 4.422
202003 -7.940 124.705 -9.737
202006 4.360 127.000 5.250
202009 9.270 130.118 10.895
202012 3.630 130.889 4.241
202103 -3.450 131.771 -4.004
202106 4.480 134.084 5.109
202109 8.580 135.847 9.659
202112 2.610 138.161 2.889
202203 -5.450 138.822 -6.004
202206 5.390 142.347 5.790
202209 11.050 144.661 11.681
202212 3.940 145.763 4.134
202303 -7.210 146.865 -7.507
202306 3.650 150.280 3.714
202309 9.610 151.492 9.701
202312 6.000 152.924 6.000

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.


Aries Agro  (BOM:532935) 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.


Aries Agro Shiller PE Ratio Related Terms

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


Aries Agro (BOM:532935) Business Description

Traded in Other Exchanges
Address
Aries House, Plot Number 24, Deonar, Govandi (East), Mumbai, MH, IND, 400043
Aries Agro Ltd is involved in the business of manufacturing of micronutrients and other customized nutritional products for plants and animals. The organization has only one business segment, Agri inputs. The company also deals in Veterinary products on a small scale. It has also started dealing and manufacturing Soluble fertilizers and Sulphur based fertilizers. Some of the products produced by the company are agromin soil application, ASA max powder, ASA granules, Chelamin, macrofert, chelacop, and fishmin.

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