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Avenue SupermartsNSE:DMART -0.25%97 Shiller PE Ratio is 120.12 as of Aug. 16, 2026, which is 4% below its 10-year median of 125.76. GuruFocus rates NSE:DMART with a GF Score™ of 97/100 and a GF Value™ of ₹5,256.14 (Modestly Undervalued). Among 195 Retail - Defensive companies, Avenue Supermarts ranks worse than 95.9% on this metric.
The historical rank and industry rank for Avenue Supermarts's Shiller PE Ratio or its related term are showing as below:
NSE:DMART'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 115.16 Med: 125.76 Max: 141.05
Current: 120.03
During the past years, Avenue Supermarts's highest Shiller PE Ratio was 141.05. The lowest was 115.16. And the median was 125.76.
NSE:DMART's Shiller PE Ratio is ranked worse than 95.9% of 195
companies
in the Retail - Defensive industry
Industry Median: 18.09
vs NSE:DMART: 120.03
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.
Avenue Supermarts's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹13.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹33.80 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Avenue Supermarts (NSE:DMART) 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.
Avenue Supermarts Shiller PE Ratio Related Terms
Avenue Supermarts Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Avenue Supermarts'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.
NSE:DMART vs WMT, COST, TGT: Shiller PE Ratio Comparison
For the Discount Stores subindustry, Avenue Supermarts'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.
Avenue Supermarts Shiller PE Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Avenue Supermarts's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Avenue Supermarts's Shiller PE Ratio falls into.
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.
* 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.
Avenue Supermarts's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Avenue Supermarts's adjusted earnings per share data for the three months ended in Jun. 2026 was:
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.
Avenue Supermarts (NSE:DMART) has a Shiller PE Ratio of 120.12 as of Aug. 16, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Avenue Supermarts and its competitors. This is near median its historical median of 125.76. Over the past decade, Avenue Supermarts' Shiller PE Ratio has ranged from 115.16 to 141.05. According to the industry distribution chart, Avenue Supermarts ranks #187 out of 195 companies in the Retail - Defensive industry, placing it in the top 95.9%.
Is Avenue Supermarts' Shiller PE Ratio too high?
Avenue Supermarts' current Shiller PE Ratio of 120.12 is near median its 10-year median of 125.76. Over the past 10 years, this metric has ranged from a low of 115.16 to a high of 141.05. The Retail - Defensive industry median Shiller PE Ratio is 18.09. Avenue Supermarts' value of 120.12 is 564% above this industry median. Based on the distribution chart, Avenue Supermarts ranks #187 out of 195 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Avenue Supermarts has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avenue Supermarts' Shiller PE Ratio compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Avenue Supermarts ranks #187 out of 195 companies for Shiller PE Ratio. This places Avenue Supermarts in the lower half of its industry. The industry median Shiller PE Ratio is 18.09. Avenue Supermarts' value of 120.12 is 564% above this benchmark. Historically, Avenue Supermarts' own Shiller PE Ratio has ranged from 115.16 to 141.05 over the past decade. While the company's 10-year median is 125.76 vs. the industry median of 18.09, Avenue Supermarts has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Retail - Defensive company?
The median Shiller PE Ratio among Retail - Defensive companies is 18.09, based on 195 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avenue Supermarts's current Shiller PE Ratio of 120.12 is 564% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Avenue Supermarts and its competitors. For the Retail - Defensive industry, the median Shiller PE Ratio is 18.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avenue Supermarts's current Shiller PE Ratio is 120.12, which is near median its own 10-year median of 125.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avenue Supermarts stock overvalued right now?
Based on GuruFocus' analysis, Avenue Supermarts (NSE:DMART) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹5,256.14, compared to a current price of ₹4,060.00 — trading 22.8% below its estimated fair value. The current Shiller PE Ratio is 120.12, which is near median its 10-year median of 125.76 and 564% above the Retail - Defensive industry median of 18.09. Avenue Supermarts' overall GF Score™ is 97/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Avenue Supermarts (NSE:DMART), the current Shiller PE Ratio is 120.12 as of Aug. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Avenue Supermarts (NSE:DMART) Overvalued in 2026?
Based on GuruFocus' analysis, Avenue Supermarts stock appears to be undervalued.
The current stock price of ₹4,060.00 is trading 22.8% below its estimated GF Value™ of ₹5,256.14.
GuruFocus considers Avenue Supermarts to be Modestly Undervalued.
Key valuation signals for NSE:DMART:
Shiller PE Ratio: 120.12 (near median its 10-year median of 125.76)
GF Value™: ₹5,256.14 vs. price of ₹4,060.00 (22.8% below fair value)
Industry Position: 564% above the Retail - Defensive median (#187 of 195)
No single metric tells the full story. See the NSE:DMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avenue Supermarts Ltd is an India-based company engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart. It provides products under the categories of Foods, Non-Foods (FMCG) and General Merchandise and Apparel. Foods category includes products such as dairy, staples, groceries, snacks, frozen products, processed foods, beverages and confectionary and fruits and vegetables. Non-Foods (FMCG) comprises home care products, personal care products, toiletries and other over-the-counter products. General Merchandise and Apparel include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances. The business operations of the company are principally carried out in India.
97GF Score
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