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ICICI Securities (BOM:541179) Shiller PE Ratio : 26.14 (As of May. 15, 2024)


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What is ICICI Securities Shiller PE Ratio?

As of today (2024-05-15), ICICI Securities's current share price is ₹729.25. ICICI Securities's E10 for the fiscal year that ended in Mar24 was ₹27.90. ICICI Securities's Shiller PE Ratio for today is 26.14.

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

BOM:541179' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.3   Med: 25.46   Max: 35.31
Current: 25.94

During the past 12 years, ICICI Securities's highest Shiller PE Ratio was 35.31. The lowest was 19.30. And the median was 25.46.

BOM:541179's Shiller PE Ratio is ranked worse than
61.65% of 472 companies
in the Capital Markets industry
Industry Median: 19.875 vs BOM:541179: 25.94

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.

ICICI Securities's adjusted earnings per share data of for the fiscal year that ended in Mar24 was ₹52.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹27.90 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


ICICI Securities Shiller PE Ratio Historical Data

The historical data trend for ICICI Securities'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.

ICICI Securities Shiller PE Ratio Chart

ICICI Securities 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 - - 34.55 19.30 26.01

ICICI Securities 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 19.30 - - - 26.01

Competitive Comparison of ICICI Securities's Shiller PE Ratio

For the Capital Markets subindustry, ICICI Securities'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.


ICICI Securities's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ICICI Securities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where ICICI Securities's Shiller PE Ratio falls into.



ICICI Securities 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.

ICICI Securities's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=729.25/27.9
=26.14

* 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.

ICICI Securities's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, ICICI Securities'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)
=52.22/153.2548*153.2548
=52.220

Current CPI (Mar24) = 153.2548.

ICICI Securities Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 9.120 97.163 14.385
201603 7.410 102.518 11.077
201703 10.510 105.196 15.311
201803 17.180 109.786 23.982
201903 15.230 118.202 19.746
202003 16.810 124.705 20.658
202103 33.080 131.771 38.473
202203 42.690 138.822 47.128
202303 34.540 146.865 36.043
202403 52.220 153.255 52.220

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.


ICICI Securities  (BOM:541179) 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.


ICICI Securities Shiller PE Ratio Related Terms

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ICICI Securities (BOM:541179) Business Description

Traded in Other Exchanges
Address
Shree Sawan Knowledge Park, Plot No. D-507, T.T.C. Industrial Area, MIDC, Turbhe, Navi Mumbai, MH, IND, 400 705
ICICI Securities Ltd is a technology-based firm offering a wide range of financial services including investment banking, institutional broking, retail broking, private wealth management, and financial product distribution. The company serves corporates, financial institutions, high net-worth individuals, and retail investors. Its operating segments include Broking and distribution; Issuer services and advisory and Treasury. The company generates maximum revenue from the Broking and distribution segment.

ICICI Securities (BOM:541179) Headlines

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