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Manaksia Coated Metals & Industries (BOM:539046) Shiller PE Ratio : 132.90 (As of May. 16, 2024)


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What is Manaksia Coated Metals & Industries Shiller PE Ratio?

As of today (2024-05-16), Manaksia Coated Metals & Industries's current share price is ₹55.82. Manaksia Coated Metals & Industries's E10 for the fiscal year that ended in Mar23 was ₹0.42. Manaksia Coated Metals & Industries's Shiller PE Ratio for today is 132.90.

The historical rank and industry rank for Manaksia Coated Metals & Industries's Shiller PE Ratio or its related term are showing as below:

BOM:539046' s Shiller PE Ratio Range Over the Past 10 Years
Min: 35.38   Med: 41.36   Max: 123.47
Current: 123.47

During the past 10 years, Manaksia Coated Metals & Industries's highest Shiller PE Ratio was 123.47. The lowest was 35.38. And the median was 41.36.

BOM:539046's Shiller PE Ratio is ranked worse than
93.24% of 1746 companies
in the Industrial Products industry
Industry Median: 25.82 vs BOM:539046: 123.47

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.

Manaksia Coated Metals & Industries's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹1.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.42 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manaksia Coated Metals & Industries Shiller PE Ratio Historical Data

The historical data trend for Manaksia Coated Metals & Industries'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.

Manaksia Coated Metals & Industries Shiller PE Ratio Chart

Manaksia Coated Metals & Industries 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 - - - - 35.28

Manaksia Coated Metals & Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - 35.28 - -

Competitive Comparison of Manaksia Coated Metals & Industries's Shiller PE Ratio

For the Metal Fabrication subindustry, Manaksia Coated Metals & Industries'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.


Manaksia Coated Metals & Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Manaksia Coated Metals & Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Manaksia Coated Metals & Industries's Shiller PE Ratio falls into.



Manaksia Coated Metals & Industries 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.

Manaksia Coated Metals & Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=55.82/0.42
=132.90

* 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.

Manaksia Coated Metals & Industries's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Manaksia Coated Metals & Industries'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)
=1.43/146.8646*146.8646
=1.430

Current CPI (Mar23) = 146.8646.

Manaksia Coated Metals & Industries Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.310 91.425 0.498
201503 -1.130 97.163 -1.708
201603 0.440 102.518 0.630
201703 0.100 105.196 0.140
201803 0.300 109.786 0.401
201903 -0.060 118.202 -0.075
202003 0.430 124.705 0.506
202103 0.890 131.771 0.992
202203 1.320 138.822 1.396
202303 1.430 146.865 1.430

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.


Manaksia Coated Metals & Industries  (BOM:539046) 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.


Manaksia Coated Metals & Industries Shiller PE Ratio Related Terms

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Manaksia Coated Metals & Industries (BOM:539046) Business Description

Traded in Other Exchanges
Address
Road No. 14, Banjara Hills, Plot No. 15, Navodaya Colony, Hyderabad, TG, IND, 500034
Manaksia Coated Metals & Industries Ltd is engaged in the manufacturing of Mosquito Repellent Coils and value-added secondary metal products like Galvanised Corrugated Sheets, Galvanised Plain Sheets, Colour Coated (Pre-painted) Sheets. It operates in two segments including Metal Products; and others. The metal products segment, which is the key revenue driver, includes colour-coated (pre-painted) steel and aluminum sheets and coils. Geographically, it has operations in India as well as overseas. Its products are Colour Coated Metal Sheets & Coils, Galvanised Steel Sheets & Coils, Mosquito Repellent Coils, Ultramarine Blue Powder, and Agro Products. It sells products under brands such as Color Strong, Zingalvo, Singham, and Brochures.

Manaksia Coated Metals & Industries (BOM:539046) Headlines

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