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Bhandari Hosiery Exports (NSE:BHANDARI) Shiller PE Ratio : 22.31 (As of Jun. 25, 2024)


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What is Bhandari Hosiery Exports Shiller PE Ratio?

As of today (2024-06-25), Bhandari Hosiery Exports's current share price is ₹8.03. Bhandari Hosiery Exports's E10 for the quarter that ended in Mar. 2024 was ₹0.36. Bhandari Hosiery Exports's Shiller PE Ratio for today is 22.31.

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

NSE:BHANDARI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.73   Med: 14.25   Max: 34.57
Current: 22.84

During the past years, Bhandari Hosiery Exports's highest Shiller PE Ratio was 34.57. The lowest was 0.73. And the median was 14.25.

NSE:BHANDARI's Shiller PE Ratio is ranked worse than
59.05% of 630 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.945 vs NSE:BHANDARI: 22.84

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.

Bhandari Hosiery Exports's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.101. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bhandari Hosiery Exports Shiller PE Ratio Historical Data

The historical data trend for Bhandari Hosiery Exports'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.

Bhandari Hosiery Exports Shiller PE Ratio Chart

Bhandari Hosiery Exports 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 - 1.70 20.60 11.72 18.66

Bhandari Hosiery Exports 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 11.72 12.71 15.14 15.63 18.66

Competitive Comparison of Bhandari Hosiery Exports's Shiller PE Ratio

For the Apparel Manufacturing subindustry, Bhandari Hosiery Exports'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.


Bhandari Hosiery Exports's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bhandari Hosiery Exports's Shiller PE Ratio falls into.



Bhandari Hosiery Exports 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.

Bhandari Hosiery Exports's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.03/0.36
=22.31

* 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.

Bhandari Hosiery Exports's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Bhandari Hosiery Exports's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.101/153.0345*153.0345
=0.101

Current CPI (Mar. 2024) = 153.0345.

Bhandari Hosiery Exports Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.048 94.103 0.078
201409 0.036 96.780 0.057
201412 0.011 96.780 0.017
201503 0.039 97.163 0.061
201506 0.122 99.841 0.187
201509 0.122 101.753 0.183
201512 0.127 102.901 0.189
201603 -0.132 102.518 -0.197
201606 0.088 105.961 0.127
201609 0.070 105.961 0.101
201612 0.070 105.196 0.102
201703 0.026 105.196 0.038
201706 0.044 107.109 0.063
201709 0.044 109.021 0.062
201712 0.097 109.404 0.136
201803 0.105 109.786 0.146
201806 0.044 111.317 0.060
201809 0.044 115.142 0.058
201812 0.167 115.142 0.222
201903 0.070 118.202 0.091
201906 0.053 120.880 0.067
201909 0.079 123.175 0.098
201912 0.167 126.235 0.202
202003 0.000 124.705 0.000
202006 -0.149 127.000 -0.180
202009 0.079 130.118 0.093
202012 0.079 130.889 0.092
202103 0.088 131.771 0.102
202106 0.061 134.084 0.070
202109 0.123 135.847 0.139
202112 0.079 138.161 0.088
202203 0.123 138.822 0.136
202206 0.079 142.347 0.085
202209 0.105 144.661 0.111
202212 0.105 145.763 0.110
202303 0.102 146.865 0.106
202306 0.088 150.280 0.090
202309 0.097 151.492 0.098
202312 0.097 152.924 0.097
202403 0.101 153.035 0.101

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.


Bhandari Hosiery Exports  (NSE:BHANDARI) 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.


Bhandari Hosiery Exports Shiller PE Ratio Related Terms

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Bhandari Hosiery Exports (NSE:BHANDARI) Business Description

Traded in Other Exchanges
Address
Rahon Road, Bhandari House, Village Meharban, Ludhiana, PB, IND, 141007
Bhandari Hosiery Exports Ltd is an India-based firm. The company is engaged in the manufacturing and distribution of textiles consisting of fabric and garments. It is engaged in dyeing, knitting, and finishing of fabrics. Its product portfolio includes products like T-Shirts, pullovers, sweatshirts, bermudas, polo shirts, tracksuits, pajamas, lowers, ladies, knitted tops with embroidery and prints. Majority of its revenue is earned from the Indian market, while it is also engaged in the export of knitted hosiery garments.

Bhandari Hosiery Exports (NSE:BHANDARI) Headlines

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