GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » GKB Ophthalmics Ltd (BOM:533212) » Definitions » Shiller PE Ratio

GKB Ophthalmics (BOM:533212) Shiller PE Ratio : 36.48 (As of May. 15, 2024)


View and export this data going back to 2010. Start your Free Trial

What is GKB Ophthalmics Shiller PE Ratio?

As of today (2024-05-15), GKB Ophthalmics's current share price is ₹101.05. GKB Ophthalmics's E10 for the fiscal year that ended in Mar23 was ₹2.77. GKB Ophthalmics's Shiller PE Ratio for today is 36.48.

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

BOM:533212' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.03   Med: 23.18   Max: 44.17
Current: 38.23

During the past 13 years, GKB Ophthalmics's highest Shiller PE Ratio was 44.17. The lowest was 12.03. And the median was 23.18.

BOM:533212's Shiller PE Ratio is ranked worse than
64.31% of 283 companies
in the Medical Devices & Instruments industry
Industry Median: 27.55 vs BOM:533212: 38.23

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.

GKB Ophthalmics's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹-0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹2.77 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


GKB Ophthalmics Shiller PE Ratio Historical Data

The historical data trend for GKB Ophthalmics'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.

GKB Ophthalmics Shiller PE Ratio Chart

GKB Ophthalmics 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 22.65 12.66 24.71 38.19 39.15

GKB Ophthalmics 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 - 39.15 - - -

Competitive Comparison of GKB Ophthalmics's Shiller PE Ratio

For the Medical Instruments & Supplies subindustry, GKB Ophthalmics'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.


GKB Ophthalmics's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GKB Ophthalmics's Shiller PE Ratio distribution charts can be found below:

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



GKB Ophthalmics 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.

GKB Ophthalmics's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=101.05/2.77
=36.48

* 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.

GKB Ophthalmics's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, GKB Ophthalmics's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.33/146.8646*146.8646
=-0.330

Current CPI (Mar23) = 146.8646.

GKB Ophthalmics Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 9.610 91.425 15.437
201503 0.010 97.163 0.015
201603 9.510 102.518 13.624
201703 6.228 105.196 8.695
201803 -2.340 109.786 -3.130
201903 -2.380 118.202 -2.957
202003 -3.650 124.705 -4.299
202103 -1.800 131.771 -2.006
202203 2.530 138.822 2.677
202303 -0.330 146.865 -0.330

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.


GKB Ophthalmics  (BOM:533212) 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.


GKB Ophthalmics Shiller PE Ratio Related Terms

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


GKB Ophthalmics (BOM:533212) Business Description

Traded in Other Exchanges
N/A
Address
16-A, Tivim Industrial Estate, Mapusa, GA, IND, 403 526
GKB Ophthalmics Ltd is an India-based company engaged in manufacturing and exporting ophthalmics lenses. It manufactures glass and plastic lenses both semi-finished and finished forms. The other products of the company include Organic lenses, Glass moulds, and Bifocal moulds. The company sells its products in India and also exports globally. Geographically, the majority of its revenue is generated from outside of India.

GKB Ophthalmics (BOM:533212) Headlines

No Headlines