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Alpa Laboratories (NSE:ALPA) Shiller PE Ratio : 28.77 (As of May. 13, 2024)


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What is Alpa Laboratories Shiller PE Ratio?

As of today (2024-05-13), Alpa Laboratories's current share price is ₹90.05. Alpa Laboratories's E10 for the quarter that ended in Dec. 2023 was ₹3.13. Alpa Laboratories's Shiller PE Ratio for today is 28.77.

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

NSE:ALPA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.68   Med: 26.96   Max: 35.61
Current: 28.75

During the past years, Alpa Laboratories's highest Shiller PE Ratio was 35.61. The lowest was 20.68. And the median was 26.96.

NSE:ALPA's Shiller PE Ratio is ranked worse than
59.81% of 530 companies
in the Drug Manufacturers industry
Industry Median: 25.165 vs NSE:ALPA: 28.75

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.

Alpa Laboratories's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹2.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹3.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpa Laboratories Shiller PE Ratio Historical Data

The historical data trend for Alpa Laboratories'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.

Alpa Laboratories Shiller PE Ratio Chart

Alpa Laboratories 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 - - - - 20.69

Alpa Laboratories Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 26.15 20.69 26.18 25.11 32.97

Competitive Comparison of Alpa Laboratories's Shiller PE Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Alpa Laboratories'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.


Alpa Laboratories's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Alpa Laboratories's Shiller PE Ratio distribution charts can be found below:

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



Alpa Laboratories 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.

Alpa Laboratories's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=90.05/3.13
=28.77

* 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.

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

For example, Alpa Laboratories'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)
=2.17/153.2548*153.2548
=2.170

Current CPI (Dec. 2023) = 153.2548.

Alpa Laboratories Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201203 -0.070 76.889 -0.140
201206 0.210 79.567 0.404
201209 -0.200 82.244 -0.373
201212 -0.860 83.774 -1.573
201303 -1.240 85.687 -2.218
201306 -0.610 88.365 -1.058
201309 -1.260 91.042 -2.121
201312 -0.030 91.425 -0.050
201403 -0.550 91.425 -0.922
201406 -1.040 94.103 -1.694
201409 -0.590 96.780 -0.934
201412 -0.730 96.780 -1.156
201503 1.700 97.163 2.681
201506 1.410 99.841 2.164
201509 2.790 101.753 4.202
201603 3.250 102.518 4.858
201703 1.200 105.196 1.748
201803 1.334 109.786 1.862
201809 0.090 115.142 0.120
201812 1.130 115.142 1.504
201903 -1.470 118.202 -1.906
201906 0.580 120.880 0.735
201909 0.184 123.175 0.229
201912 1.230 126.235 1.493
202003 0.111 124.705 0.136
202006 1.530 127.000 1.846
202009 0.190 130.118 0.224
202012 1.770 130.889 2.072
202103 -0.960 131.771 -1.117
202106 3.060 134.084 3.498
202109 2.720 135.847 3.069
202112 2.570 138.161 2.851
202203 -1.660 138.822 -1.833
202206 1.290 142.347 1.389
202209 0.100 144.661 0.106
202212 2.430 145.763 2.555
202303 2.180 146.865 2.275
202306 1.440 150.280 1.469
202309 2.750 151.492 2.782
202312 2.170 153.255 2.170

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.


Alpa Laboratories  (NSE:ALPA) 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.


Alpa Laboratories Shiller PE Ratio Related Terms

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Alpa Laboratories (NSE:ALPA) Business Description

Traded in Other Exchanges
Address
33/2, A.B. Road, Pigdamber, Rau, Indore, MP, IND, 453446
Alpa Laboratories Ltd is an India-based pharmaceutical company. It operates in the business segment of Drugs and Chemicals. The company manufactures and markets pharmaceuticals and related products. It sells products like liquid injection, dry powder injection, tablets, capsules, and ointments.