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Indus Towers (BOM:534816) Shiller PE Ratio : 17.98 (As of May. 25, 2024)


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What is Indus Towers Shiller PE Ratio?

As of today (2024-05-25), Indus Towers's current share price is ₹346.65. Indus Towers's E10 for the quarter that ended in Mar. 2024 was ₹19.28. Indus Towers's Shiller PE Ratio for today is 17.98.

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

BOM:534816' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.78   Med: 11.39   Max: 20.11
Current: 17.87

During the past years, Indus Towers's highest Shiller PE Ratio was 20.11. The lowest was 7.78. And the median was 11.39.

BOM:534816's Shiller PE Ratio is ranked worse than
57.59% of 224 companies
in the Telecommunication Services industry
Industry Median: 15.425 vs BOM:534816: 17.87

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.

Indus Towers's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹6.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹19.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indus Towers Shiller PE Ratio Historical Data

The historical data trend for Indus Towers'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.

Indus Towers Shiller PE Ratio Chart

Indus Towers 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 - - 13.16 8.11 15.10

Indus Towers 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 8.11 9.01 10.30 10.49 15.10

Competitive Comparison of Indus Towers's Shiller PE Ratio

For the Telecom Services subindustry, Indus Towers'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.


Indus Towers's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Indus Towers's Shiller PE Ratio distribution charts can be found below:

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



Indus Towers 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.

Indus Towers's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=346.65/19.28
=17.98

* 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.

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

For example, Indus Towers'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)
=6.87/153.0345*153.0345
=6.870

Current CPI (Mar. 2024) = 153.0345.

Indus Towers Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.445 94.103 3.976
201409 2.457 96.780 3.885
201412 2.677 96.780 4.233
201503 2.947 97.163 4.642
201506 2.336 99.841 3.581
201509 3.122 101.753 4.695
201512 2.611 102.901 3.883
201603 3.790 102.518 5.658
201606 3.990 105.961 5.763
201609 4.140 105.961 5.979
201612 3.360 105.196 4.888
201703 3.227 105.196 4.694
201706 3.591 107.109 5.131
201709 3.450 109.021 4.843
201712 3.166 109.404 4.429
201803 3.280 109.786 4.572
201806 3.450 111.317 4.743
201809 3.244 115.142 4.312
201812 3.507 115.142 4.661
201903 3.286 118.202 4.254
201906 4.800 120.880 6.077
201909 5.211 123.175 6.474
201912 4.319 126.235 5.236
202003 3.512 124.705 4.310
202006 3.804 127.000 4.584
202009 3.961 130.118 4.659
202012 4.941 130.889 5.777
202103 5.060 131.771 5.877
202106 5.252 134.084 5.994
202109 5.789 135.847 6.521
202112 5.830 138.161 6.458
202203 6.784 138.822 7.479
202206 1.770 142.347 1.903
202209 3.240 144.661 3.428
202212 -2.630 145.763 -2.761
202303 5.190 146.865 5.408
202306 5.000 150.280 5.092
202309 4.800 151.492 4.849
202312 5.720 152.924 5.724
202403 6.870 153.035 6.870

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.


Indus Towers  (BOM:534816) 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.


Indus Towers Shiller PE Ratio Related Terms

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Indus Towers (BOM:534816) Business Description

Traded in Other Exchanges
Address
DLF Cyber City, 4th Floor, Building No. 10, Tower A, Gurugram, HR, IND, 122002
Indus Towers Ltd Ltd is a telecommunications tower infrastructure service provider. The company deploys, owns, and manages telecom towers and communication structures for mobile operators. The company acquires and builds towers, while also owning and operating telecom towers and related infrastructure. The company primarily generates revenue through a rental fee to tenants of mobile towers. Energy costs such as electricity and fuel charts are usually passed through to tenants. The company generates the vast majority of its revenue in India. The company's assets are located in India and are often ground-based and rooftop towers.

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