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Karnavati Finance (BOM:538928) Shiller PE Ratio : 122.50 (As of Jun. 23, 2024)


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What is Karnavati Finance Shiller PE Ratio?

As of today (2024-06-23), Karnavati Finance's current share price is ₹2.45. Karnavati Finance's E10 for the fiscal year that ended in Mar24 was ₹0.02. Karnavati Finance's Shiller PE Ratio for today is 122.50.

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

BOM:538928' s Shiller PE Ratio Range Over the Past 10 Years
Min: 105   Med: 142   Max: 239.75
Current: 105.33

During the past 11 years, Karnavati Finance's highest Shiller PE Ratio was 239.75. The lowest was 105.00. And the median was 142.00.

BOM:538928's Shiller PE Ratio is ranked worse than
92.52% of 321 companies
in the Credit Services industry
Industry Median: 14.89 vs BOM:538928: 105.33

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.

Karnavati Finance's adjusted earnings per share data of for the fiscal year that ended in Mar24 was ₹-0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.02 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Karnavati Finance Shiller PE Ratio Historical Data

The historical data trend for Karnavati Finance'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.

Karnavati Finance Shiller PE Ratio Chart

Karnavati Finance 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 - - - 236.41 90.28

Karnavati Finance 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 236.41 - - - 90.28

Competitive Comparison of Karnavati Finance's Shiller PE Ratio

For the Credit Services subindustry, Karnavati Finance'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.


Karnavati Finance's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Karnavati Finance's Shiller PE Ratio distribution charts can be found below:

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



Karnavati Finance 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.

Karnavati Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.45/0.02
=122.50

* 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.

Karnavati Finance's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Karnavati Finance's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=-0.17/153.0345*153.0345
=-0.170

Current CPI (Mar24) = 153.0345.

Karnavati Finance Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 -0.072 97.163 -0.113
201603 0.044 102.518 0.066
201703 0.090 105.196 0.131
201803 0.074 109.786 0.103
201903 0.072 118.202 0.093
202003 0.011 124.705 0.013
202103 0.012 131.771 0.014
202203 0.030 138.822 0.033
202303 0.060 146.865 0.063
202403 -0.170 153.035 -0.170

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.


Karnavati Finance  (BOM:538928) 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.


Karnavati Finance Shiller PE Ratio Related Terms

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Karnavati Finance (BOM:538928) Business Description

Traded in Other Exchanges
N/A
Address
Limda Lane, Vraj, 5th Floor, Opposite President Hotel, Near Bhumi Press, Jamnagar, GJ, IND, 361001
Karnavati Finance Ltd is a non-banking financial company. The company provides lending, financing, and wealth management solutions. It offers customized solutions in areas of personal and business loans, corporate finance, mortgages, capital market-based lending, project loans, structured finance, wealth management and digital lending, debt capital markets, and syndication. The company generates revenue in the form of Interest Income.

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