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Balkrishna Industries (NSE:BALKRISIND) Shiller PE Ratio : 38.61 (As of May. 07, 2025)


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What is Balkrishna Industries Shiller PE Ratio?

As of today (2025-05-07), Balkrishna Industries's current share price is ₹2772.70. Balkrishna Industries's E10 for the quarter that ended in Dec. 2024 was ₹71.81. Balkrishna Industries's Shiller PE Ratio for today is 38.61.

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

NSE:BALKRISIND' s Shiller PE Ratio Range Over the Past 10 Years
Min: 32.55   Med: 36.49   Max: 39.25
Current: 37.07

During the past years, Balkrishna Industries's highest Shiller PE Ratio was 39.25. The lowest was 32.55. And the median was 36.49.

NSE:BALKRISIND's Shiller PE Ratio is ranked worse than
73.51% of 774 companies
in the Vehicles & Parts industry
Industry Median: 17.615 vs NSE:BALKRISIND: 37.07

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.

Balkrishna Industries's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹23.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹71.81 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Balkrishna Industries Shiller PE Ratio Historical Data

The historical data trend for Balkrishna Industries'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.

Balkrishna Industries Shiller PE Ratio Chart

Balkrishna Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
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Balkrishna Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - 40.52

Competitive Comparison of Balkrishna Industries's Shiller PE Ratio

For the Auto Parts subindustry, Balkrishna Industries'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.


Balkrishna Industries's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Balkrishna Industries's Shiller PE Ratio distribution charts can be found below:

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


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Balkrishna Industries 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.

Balkrishna Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2772.70/71.81
=38.61

* 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.

Balkrishna Industries's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Balkrishna Industries's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=23.25/158.3229*158.3229
=23.250

Current CPI (Dec. 2024) = 158.3229.

Balkrishna Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200603 0.000 45.521 0.000
200703 0.000 48.581 0.000
200803 0.000 52.407 0.000
200903 0.000 56.615 0.000
201003 0.000 65.030 0.000
201103 0.000 70.768 0.000
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 11.650 111.317 16.570
201809 10.880 115.142 14.960
201812 7.810 115.142 10.739
201903 9.690 118.202 12.979
201906 9.150 120.880 11.984
201909 15.220 123.175 19.563
201912 11.580 126.235 14.524
202003 13.690 124.705 17.381
202006 6.810 127.000 8.490
202009 17.640 130.118 21.464
202012 16.820 130.889 20.345
202103 19.650 131.771 23.610
202106 17.100 134.084 20.191
202109 20.230 135.847 23.577
202112 17.530 138.161 20.088
202203 19.390 138.822 22.114
202206 15.880 142.347 17.662
202209 19.770 144.661 21.637
202212 5.610 145.763 6.093
202303 13.440 146.865 14.489
202306 17.170 150.280 18.089
202309 17.970 151.492 18.780
202312 15.800 152.924 16.358
202403 25.180 153.035 26.050
202406 25.350 155.789 25.762
202409 17.950 157.882 18.000
202412 23.250 158.323 23.250

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.


Balkrishna Industries  (NSE:BALKRISIND) 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.


Balkrishna Industries Shiller PE Ratio Related Terms

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Balkrishna Industries Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, BKT House, C/15, Trade World, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013
Balkrishna Industries Ltd is a manufacturer of Off-Highway tires. The company serves original equipment manufacturers and customers in the replacement market. Tire products are utilized in agricultural and forestry, industrial markets, earthmoving, construction, port, mining, ATV, and gardening applications. Based out of India, the majority of Balkrishna's revenue is derived from international markets. Marketing and sales of tire products are conducted through wholly-owned subsidiaries in Europe and North America.

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