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Dhanashree Electronics (BOM:542679) Shiller PE Ratio : 40.85 (As of May. 14, 2024)


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What is Dhanashree Electronics Shiller PE Ratio?

As of today (2024-05-14), Dhanashree Electronics's current share price is ₹58.01. Dhanashree Electronics's E10 for the fiscal year that ended in Mar23 was ₹1.42. Dhanashree Electronics's Shiller PE Ratio for today is 40.85.

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

BOM:542679' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.67   Med: 19.72   Max: 40.15
Current: 40.15

During the past 10 years, Dhanashree Electronics's highest Shiller PE Ratio was 40.15. The lowest was 15.67. And the median was 19.72.

BOM:542679's Shiller PE Ratio is ranked worse than
70.31% of 1748 companies
in the Industrial Products industry
Industry Median: 25.91 vs BOM:542679: 40.15

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.

Dhanashree Electronics's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹1.890. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹1.42 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhanashree Electronics Shiller PE Ratio Historical Data

The historical data trend for Dhanashree Electronics'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.

Dhanashree Electronics Shiller PE Ratio Chart

Dhanashree Electronics 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 - - - - 16.55

Dhanashree Electronics 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 - - 16.55 - -

Competitive Comparison of Dhanashree Electronics's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Dhanashree Electronics'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.


Dhanashree Electronics's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dhanashree Electronics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dhanashree Electronics's Shiller PE Ratio falls into.



Dhanashree Electronics 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.

Dhanashree Electronics's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=58.01/1.42
=40.85

* 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.

Dhanashree Electronics's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Dhanashree Electronics'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)
=1.89/146.8646*146.8646
=1.890

Current CPI (Mar23) = 146.8646.

Dhanashree Electronics Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.110 91.425 0.177
201503 0.053 97.163 0.080
201603 0.520 102.518 0.745
201703 1.290 105.196 1.801
201803 1.730 109.786 2.314
201903 1.780 118.202 2.212
202003 1.870 124.705 2.202
202103 1.170 131.771 1.304
202203 1.390 138.822 1.471
202303 1.890 146.865 1.890

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.


Dhanashree Electronics  (BOM:542679) 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.


Dhanashree Electronics Shiller PE Ratio Related Terms

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Dhanashree Electronics (BOM:542679) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. XI-16, Sector-V, Block EP and GP, Rashmi Building, Salt Lake Electronic Complex, Salt Lake City, Kolkata, WB, IND, 700091
Dhanashree Electronics Ltd is an India-based company engaged in the manufacturing and trading of electrical goods. It is engaged in lighting manufacturing, electrical goods marketing, installation services, professional audio, recording studio, and others. The company's product portfolio includes home lighting solutions, retail, and office solutions, outdoor and industrial solutions, LED garden lights and solar light solutions, Three blades fan bulbs, Mosquito LED bulbs, and others.

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