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Infosys (HAM:IOY) Shiller PE Ratio : 30.09 (As of May. 27, 2024)


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What is Infosys Shiller PE Ratio?

As of today (2024-05-27), Infosys's current share price is €15.95. Infosys's E10 for the quarter that ended in Dec. 2023 was €0.53. Infosys's Shiller PE Ratio for today is 30.09.

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

HAM:IOY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.43   Med: 24.13   Max: 46.18
Current: 28.99

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

HAM:IOY's Shiller PE Ratio is ranked better than
52.77% of 919 companies
in the Software industry
Industry Median: 30.59 vs HAM:IOY: 28.99

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 €0.165. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.53 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
=15.95/0.53
=30.09

* 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)
=0.165/152.9243*152.9243
=0.165

Current CPI (Dec. 2023) = 152.9243.

Infosys Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.077 91.425 0.129
201406 0.077 94.103 0.125
201409 0.085 96.780 0.134
201412 0.093 96.780 0.147
201503 0.102 97.163 0.161
201506 0.094 99.841 0.144
201509 0.102 101.753 0.153
201512 0.106 102.901 0.158
201603 0.103 102.518 0.154
201606 0.098 105.961 0.141
201609 0.107 105.961 0.154
201612 0.114 105.196 0.166
201703 0.112 105.196 0.163
201706 0.107 107.109 0.153
201709 0.109 109.021 0.153
201712 0.144 109.404 0.201
201803 0.105 109.786 0.146
201806 0.103 111.317 0.141
201809 0.111 115.142 0.147
201812 0.105 115.142 0.139
201903 0.115 118.202 0.149
201906 0.115 120.880 0.145
201909 0.118 123.175 0.146
201912 0.135 126.235 0.164
202003 0.127 124.705 0.156
202006 0.115 127.000 0.138
202009 0.127 130.118 0.149
202012 0.140 130.889 0.164
202103 0.134 131.771 0.156
202106 0.141 134.084 0.161
202109 0.145 135.847 0.163
202112 0.159 138.161 0.176
202203 0.163 138.822 0.180
202206 0.151 142.347 0.162
202209 0.182 144.661 0.192
202212 0.179 145.763 0.188
202303 0.168 146.865 0.175
202306 0.157 150.280 0.160
202309 0.169 151.492 0.171
202312 0.165 152.924 0.165

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  (HAM:IOY) 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 (HAM:IOY) 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).

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