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Varroc Engineering (BOM:541578) Shiller PE Ratio : 1,146.38 (As of Jun. 22, 2024)


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What is Varroc Engineering Shiller PE Ratio?

As of today (2024-06-22), Varroc Engineering's current share price is ₹664.90. Varroc Engineering's E10 for the fiscal year that ended in Mar24 was ₹0.58. Varroc Engineering's Shiller PE Ratio for today is 1,146.38.

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

BOM:541578' s Shiller PE Ratio Range Over the Past 10 Years
Min: 854.05   Med: 927.24   Max: 1187.02
Current: 1187.02

During the past 10 years, Varroc Engineering's highest Shiller PE Ratio was 1187.02. The lowest was 854.05. And the median was 927.24.

BOM:541578's Shiller PE Ratio is ranked worse than
99.64% of 835 companies
in the Vehicles & Parts industry
Industry Median: 17.2 vs BOM:541578: 1187.02

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.

Varroc Engineering's adjusted earnings per share data of for the fiscal year that ended in Mar24 was ₹34.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.58 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Varroc Engineering Shiller PE Ratio Historical Data

The historical data trend for Varroc Engineering'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.

Varroc Engineering Shiller PE Ratio Chart

Varroc Engineering 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 - - - - 871.60

Varroc Engineering 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 - - - - 871.60

Competitive Comparison of Varroc Engineering's Shiller PE Ratio

For the Auto Parts subindustry, Varroc Engineering'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.


Varroc Engineering's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Varroc Engineering's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Varroc Engineering's Shiller PE Ratio falls into.



Varroc Engineering 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.

Varroc Engineering's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=664.90/0.58
=1,146.38

* 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.

Varroc Engineering's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Varroc Engineering'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)
=34.43/153.0345*153.0345
=34.430

Current CPI (Mar24) = 153.0345.

Varroc Engineering Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 1.350 97.163 2.126
201603 21.770 102.518 32.497
201703 27.210 105.196 39.584
201803 33.400 109.786 46.557
201903 31.540 118.202 40.834
202003 0.010 124.705 0.012
202103 -46.750 131.771 -54.294
202203 -72.643 138.822 -80.080
202303 -53.660 146.865 -55.914
202403 34.430 153.035 34.430

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.


Varroc Engineering  (BOM:541578) 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.


Varroc Engineering Shiller PE Ratio Related Terms

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


Varroc Engineering (BOM:541578) Business Description

Traded in Other Exchanges
Address
Plot No. L-4, MIDC Industrial Area, Waluj, Aurangabad, MH, IND, 431136
Varroc Engineering Ltd is an India based company engaged in manufacturing and supplying components and subassemblies for automobile, consumer durable, and white goods industries. The company's operating segment includes Automotive and Others. It generates maximum revenue from the Automotive segment. The company also designs, manufactures, and supply exterior lighting systems, plastic and polymer components, electricals-electronics components, and precision metallic components to a passenger car, commercial vehicle, two-wheeler, three-wheeler and off-highway vehicle. Geographically, it derives a majority of revenue from Europe and also has a presence in the Asia Pacific; North America, and Other Countries.

Varroc Engineering (BOM:541578) Headlines

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