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Teejay Lanka (COL:TJL.N0000) Shiller PE Ratio : 13.06 (As of Dec. 11, 2024)


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What is Teejay Lanka Shiller PE Ratio?

As of today (2024-12-11), Teejay Lanka's current share price is රු44.00. Teejay Lanka's E10 for the quarter that ended in Sep. 2024 was රු3.37. Teejay Lanka's Shiller PE Ratio for today is 13.06.

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

COL:TJL.N0000' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.93   Med: 11.48   Max: 18.5
Current: 13.16

During the past years, Teejay Lanka's highest Shiller PE Ratio was 18.50. The lowest was 8.93. And the median was 11.48.

COL:TJL.N0000's Shiller PE Ratio is ranked better than
68.51% of 578 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 20.665 vs COL:TJL.N0000: 13.16

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.

Teejay Lanka's adjusted earnings per share data for the three months ended in Sep. 2024 was රු1.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is රු3.37 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teejay Lanka Shiller PE Ratio Historical Data

The historical data trend for Teejay Lanka'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.

Teejay Lanka Shiller PE Ratio Chart

Teejay Lanka 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 - - 13.18 9.79 11.38

Teejay Lanka Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 11.00 11.20 11.38 12.22 12.01

Competitive Comparison of Teejay Lanka's Shiller PE Ratio

For the Textile Manufacturing subindustry, Teejay Lanka'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.


Teejay Lanka's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Teejay Lanka's Shiller PE Ratio distribution charts can be found below:

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



Teejay Lanka 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.

Teejay Lanka's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=44.00/3.37
=13.06

* 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.

Teejay Lanka's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Teejay Lanka's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.05/133.0289*133.0289
=1.050

Current CPI (Sep. 2024) = 133.0289.

Teejay Lanka Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.570 99.070 0.765
201503 0.772 99.621 1.031
201506 0.310 100.684 0.410
201509 0.710 100.392 0.941
201512 1.020 99.792 1.360
201603 1.184 100.470 1.568
201606 0.570 101.688 0.746
201609 0.840 101.861 1.097
201612 0.680 101.863 0.888
201703 0.710 102.862 0.918
201706 0.310 103.349 0.399
201709 0.530 104.136 0.677
201712 0.700 104.011 0.895
201803 0.731 105.290 0.924
201806 0.400 106.317 0.501
201809 0.610 106.507 0.762
201812 0.780 105.998 0.979
201903 0.859 107.251 1.065
201906 0.650 108.070 0.800
201909 1.120 108.329 1.375
201912 1.010 108.420 1.239
202003 0.610 108.902 0.745
202006 -0.040 108.767 -0.049
202009 0.900 109.815 1.090
202012 1.100 109.897 1.332
202103 1.073 111.754 1.277
202106 0.440 114.631 0.511
202109 0.900 115.734 1.034
202112 1.030 117.630 1.165
202203 1.171 121.301 1.284
202206 1.740 125.017 1.852
202209 1.530 125.227 1.625
202212 -0.510 125.222 -0.542
202303 0.213 127.348 0.223
202306 -1.190 128.729 -1.230
202309 1.320 129.860 1.352
202312 0.670 129.419 0.689
202403 0.756 131.776 0.763
202406 0.220 132.554 0.221
202409 1.050 133.029 1.050

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.


Teejay Lanka  (COL:TJL.N0000) 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.


Teejay Lanka Shiller PE Ratio Related Terms

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Teejay Lanka Business Description

Traded in Other Exchanges
N/A
Address
Block D8 - D14, Seethawaka Export Processing Zone Industrial Park, Avissawella, LKA, 10700
Teejay Lanka PLC is engaged in the manufacturing and selling of weft knit fabrics. The company's operating segments include Textile manufacturing and Fabric printing and generates maximum revenue from the Textile manufacturing segment. Geographically, the company derives a majority of its revenue from Sri Lanka. The products of the company include Single Jersey, Interlock, Rib, Pique, Lacoste, Fleece, Terry, Collars, and Cuffs.

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