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Dynemic Products (NSE:DYNPRO) Shiller PE Ratio : 18.20 (As of May. 25, 2024)


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What is Dynemic Products Shiller PE Ratio?

As of today (2024-05-25), Dynemic Products's current share price is ₹267.05. Dynemic Products's E10 for the fiscal year that ended in Mar23 was ₹14.67. Dynemic Products's Shiller PE Ratio for today is 18.20.

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

NSE:DYNPRO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.34   Med: 21.41   Max: 45.9
Current: 17.96

During the past 13 years, Dynemic Products's highest Shiller PE Ratio was 45.90. The lowest was 8.34. And the median was 21.41.

NSE:DYNPRO's Shiller PE Ratio is ranked better than
54.84% of 1043 companies
in the Chemicals industry
Industry Median: 19.66 vs NSE:DYNPRO: 17.96

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.

Dynemic Products's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹-0.253. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹14.67 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dynemic Products Shiller PE Ratio Historical Data

The historical data trend for Dynemic Products'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.

Dynemic Products Shiller PE Ratio Chart

Dynemic Products 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 11.28 9.30 35.68 39.72 15.92

Dynemic Products 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 - 15.92 - - -

Competitive Comparison of Dynemic Products's Shiller PE Ratio

For the Specialty Chemicals subindustry, Dynemic Products'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.


Dynemic Products's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dynemic Products's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dynemic Products's Shiller PE Ratio falls into.



Dynemic Products 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.

Dynemic Products's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=267.05/14.67
=18.20

* 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.

Dynemic Products's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Dynemic Products's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=-0.253/146.8646*146.8646
=-0.253

Current CPI (Mar23) = 146.8646.

Dynemic Products Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 9.117 91.425 14.646
201503 8.301 97.163 12.547
201603 6.659 102.518 9.539
201703 11.902 105.196 16.616
201803 15.425 109.786 20.634
201903 15.798 118.202 19.629
202003 21.238 124.705 25.012
202103 25.037 131.771 27.905
202203 1.268 138.822 1.341
202303 -0.253 146.865 -0.253

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.


Dynemic Products  (NSE:DYNPRO) 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.


Dynemic Products Shiller PE Ratio Related Terms

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Dynemic Products (NSE:DYNPRO) Business Description

Traded in Other Exchanges
Address
Sarkhej-Gandhinagar Highway Road, B-301, Satyamev Complex-1, Opposite New Gujarat High Court, Sola, Ahmedabad, GJ, IND, 380060
Dynemic Products Ltd is an India-based food color manufacturing company. It is engaged in manufacturing and exporting food colors, lake colors, blended colors, FD&C colors, dyes, and dyes intermediates, salt-free dyes, D&C colors, and natural food colors. The reporting segment of the company is the manufacturing and marketing of Dyes and Dyes Intermediates. The group operates in India, and internationally.

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