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Bharat Rasayan (BOM:590021) Shiller PE Ratio : 33.41 (As of May. 28, 2024)


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What is Bharat Rasayan Shiller PE Ratio?

As of today (2024-05-28), Bharat Rasayan's current share price is ₹9495.90. Bharat Rasayan's E10 for the quarter that ended in Sep. 2023 was ₹284.23. Bharat Rasayan's Shiller PE Ratio for today is 33.41.

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

BOM:590021' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.73   Med: 35.25   Max: 59.82
Current: 32.62

During the past years, Bharat Rasayan's highest Shiller PE Ratio was 59.82. The lowest was 29.73. And the median was 35.25.

BOM:590021's Shiller PE Ratio is ranked worse than
77.92% of 154 companies
in the Agriculture industry
Industry Median: 16.33 vs BOM:590021: 32.62

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.

Bharat Rasayan's adjusted earnings per share data for the three months ended in Sep. 2023 was ₹14.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹284.23 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bharat Rasayan Shiller PE Ratio Historical Data

The historical data trend for Bharat Rasayan'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.

Bharat Rasayan Shiller PE Ratio Chart

Bharat Rasayan 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 - - - 51.46 32.85

Bharat Rasayan Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 43.95 37.18 32.85 33.74 32.22

Competitive Comparison of Bharat Rasayan's Shiller PE Ratio

For the Agricultural Inputs subindustry, Bharat Rasayan'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.


Bharat Rasayan's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bharat Rasayan's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bharat Rasayan's Shiller PE Ratio falls into.



Bharat Rasayan 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.

Bharat Rasayan's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9495.90/284.23
=33.41

* 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.

Bharat Rasayan's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Bharat Rasayan's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=14.44/151.4920*151.4920
=14.440

Current CPI (Sep. 2023) = 151.4920.

Bharat Rasayan Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 13.860 91.425 22.966
201403 6.810 91.425 11.284
201406 23.140 94.103 37.252
201409 27.230 96.780 42.624
201412 11.300 96.780 17.688
201503 13.060 97.163 20.363
201506 19.370 99.841 29.391
201509 33.660 101.753 50.114
201512 15.090 102.901 22.216
201603 11.630 102.518 17.186
201606 34.320 105.961 49.067
201609 39.070 105.961 55.858
201612 26.460 105.196 38.105
201703 28.500 105.196 41.043
201706 36.790 107.109 52.035
201709 56.680 109.021 78.760
201712 54.350 109.404 75.259
201803 83.600 109.786 115.358
201806 58.790 111.317 80.008
201809 84.240 115.142 110.834
201812 50.250 115.142 66.114
201903 69.210 118.202 88.702
201906 98.220 120.880 123.094
201909 128.560 123.175 158.115
201912 59.010 126.235 70.817
202003 85.250 124.705 103.562
202006 109.920 127.000 131.118
202009 83.010 130.118 96.646
202012 82.660 130.889 95.671
202103 110.110 131.771 126.590
202106 95.010 134.084 107.345
202109 63.700 135.847 71.036
202112 110.420 138.161 121.075
202203 155.370 138.822 169.551
202206 90.630 142.347 96.452
202209 55.180 144.661 57.786
202212 81.270 145.763 84.464
202303 72.800 146.865 75.094
202306 17.060 150.280 17.198
202309 14.440 151.492 14.440

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.


Bharat Rasayan  (BOM:590021) 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.


Bharat Rasayan Shiller PE Ratio Related Terms

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Bharat Rasayan (BOM:590021) Business Description

Traded in Other Exchanges
Address
1501, Vikram Tower, Rajendra Place, New Delhi, IND, 110008
Bharat Rasayan Ltd is engaged in the business of agrochemicals. The company is the manufacturer and exporter of pesticides, technical formulation, and intermediaries. The Company operates only in one business segment which is pesticides. Its product categories include Insecticides; Herbicides; Fungicides and Plant Growth Regulator.

Bharat Rasayan (BOM:590021) Headlines

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