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Godrej Agrovet (NSE:GODREJAGRO) Shiller PE Ratio : 29.40 (As of Jun. 10, 2024)


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What is Godrej Agrovet Shiller PE Ratio?

As of today (2024-06-10), Godrej Agrovet's current share price is ₹560.95. Godrej Agrovet's E10 for the fiscal year that ended in Mar24 was ₹19.08. Godrej Agrovet's Shiller PE Ratio for today is 29.40.

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

NSE:GODREJAGRO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.18   Med: 28.59   Max: 33.7
Current: 29.39

During the past 12 years, Godrej Agrovet's highest Shiller PE Ratio was 33.70. The lowest was 23.18. And the median was 28.59.

NSE:GODREJAGRO's Shiller PE Ratio is ranked worse than
71.65% of 1090 companies
in the Consumer Packaged Goods industry
Industry Median: 18.425 vs NSE:GODREJAGRO: 29.39

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.

Godrej Agrovet's adjusted earnings per share data of for the fiscal year that ended in Mar24 was ₹18.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹19.08 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Godrej Agrovet Shiller PE Ratio Historical Data

The historical data trend for Godrej Agrovet'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.

Godrej Agrovet Shiller PE Ratio Chart

Godrej Agrovet 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 - - 27.35 23.17 25.52

Godrej Agrovet 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 23.17 - - - 25.52

Competitive Comparison of Godrej Agrovet's Shiller PE Ratio

For the Farm Products subindustry, Godrej Agrovet'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.


Godrej Agrovet's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Godrej Agrovet's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Godrej Agrovet's Shiller PE Ratio falls into.



Godrej Agrovet 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.

Godrej Agrovet's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=560.95/19.08
=29.40

* 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.

Godrej Agrovet's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Godrej Agrovet's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=18.71/153.0345*153.0345
=18.710

Current CPI (Mar24) = 153.0345.

Godrej Agrovet Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 10.943 97.163 17.236
201603 13.747 102.518 20.521
201703 12.010 105.196 17.472
201803 12.020 109.786 16.755
201903 16.990 118.202 21.997
202003 15.940 124.705 19.561
202103 16.330 131.771 18.965
202203 20.950 138.822 23.095
202303 15.710 146.865 16.370
202403 18.710 153.035 18.710

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.


Godrej Agrovet  (NSE:GODREJAGRO) 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.


Godrej Agrovet Shiller PE Ratio Related Terms

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Godrej Agrovet (NSE:GODREJAGRO) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, Godrej One, 3rd Floor, Pirojshanagar, Vikhroli (East), Mumbai, MH, IND, 400 079
Godrej Agrovet Ltd is an India-based company engaged in the manufacturing and marketing of animal feed, agricultural inputs, palm oil, and allied products. It operates through the following business divisions: Animal Feed, Crop Protection, Vegetable Oil, Real Estate Business, and Other business segments which include Seed Business and Energy Generation through Windmills. The key revenue is derived from the Animal Feed business segment. The company offers animal feed such as cattle, poultry, aqua, and specialty feed, as well as on-farm technical support services.

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