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Infosys (BSP:I1FO34) Shiller PE Ratio : 30.15 (As of May. 24, 2024)


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What is Infosys Shiller PE Ratio?

As of today (2024-05-24), Infosys's current share price is R$44.62. Infosys's E10 for the quarter that ended in Dec. 2023 was R$1.48. Infosys's Shiller PE Ratio for today is 30.15.

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

BSP:I1FO34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.43   Med: 24.13   Max: 46.18
Current: 29.14

During the past years, Infosys's highest Shiller PE Ratio was 46.18. The lowest was 16.43. And the median was 24.13.

BSP:I1FO34's Shiller PE Ratio is ranked better than
53.07% of 912 companies
in the Software industry
Industry Median: 30.365 vs BSP:I1FO34: 29.14

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.

Infosys's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.882. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infosys Shiller PE Ratio Historical Data

The historical data trend for Infosys'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.

Infosys Shiller PE Ratio Chart

Infosys 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 18.45 35.57 44.94 30.36 -

Infosys 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 30.36 27.47 28.93 30.53 -

Competitive Comparison of Infosys's Shiller PE Ratio

For the Information Technology Services subindustry, Infosys'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.


Infosys's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Infosys's Shiller PE Ratio distribution charts can be found below:

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



Infosys 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.

Infosys's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=44.62/1.48
=30.15

* 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.

Infosys's E10 for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.882/152.9243*152.9243
=0.882

Current CPI (Dec. 2023) = 152.9243.

Infosys Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.247 91.425 0.413
201406 0.235 94.103 0.382
201409 0.257 96.780 0.406
201412 0.304 96.780 0.480
201503 0.346 97.163 0.545
201506 0.327 99.841 0.501
201509 0.449 101.753 0.675
201512 0.446 102.901 0.663
201603 0.425 102.518 0.634
201606 0.377 105.961 0.544
201609 0.390 105.961 0.563
201612 0.402 105.196 0.584
201703 0.375 105.196 0.545
201706 0.395 107.109 0.564
201709 0.407 109.021 0.571
201712 0.560 109.404 0.783
201803 0.426 109.786 0.593
201806 0.453 111.317 0.622
201809 0.534 115.142 0.709
201812 0.466 115.142 0.619
201903 0.499 118.202 0.646
201906 0.501 120.880 0.634
201909 0.536 123.175 0.665
201912 0.616 126.235 0.746
202003 0.684 124.705 0.839
202006 0.674 127.000 0.812
202009 0.810 130.118 0.952
202012 0.875 130.889 1.022
202103 0.902 131.771 1.047
202106 0.855 134.084 0.975
202109 0.897 135.847 1.010
202112 1.018 138.161 1.127
202203 0.896 138.822 0.987
202206 0.808 142.347 0.868
202209 0.944 144.661 0.998
202212 0.997 145.763 1.046
202303 0.938 146.865 0.977
202306 0.825 150.280 0.840
202309 0.889 151.492 0.897
202312 0.882 152.924 0.882

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.


Infosys  (BSP:I1FO34) 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.


Infosys Shiller PE Ratio Related Terms

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


Infosys (BSP:I1FO34) Business Description

Address
44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, IND, 560 100
Infosys is a leading global IT services provider, with nearly 250,000 employees. Based in Bangalore, the Indian IT services firm leverages its offshore outsourcing model to derive 60% of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services and cloud infrastructure services, and business process outsourcing as a service (BPaaS).

Infosys (BSP:I1FO34) Headlines

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