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IndusInd Bank (NSE:INDUSINDBK) Shiller PE Ratio : 19.80 (As of Apr. 30, 2024)


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What is IndusInd Bank Shiller PE Ratio?

As of today (2024-04-30), IndusInd Bank's current share price is ₹1487.25. IndusInd Bank's E10 for the quarter that ended in Mar. 2024 was ₹75.10. IndusInd Bank's Shiller PE Ratio for today is 19.80.

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

NSE:INDUSINDBK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.94   Med: 19.18   Max: 35.51
Current: 19.26

During the past years, IndusInd Bank's highest Shiller PE Ratio was 35.51. The lowest was 6.94. And the median was 19.18.

NSE:INDUSINDBK's Shiller PE Ratio is ranked worse than
88.07% of 1132 companies
in the Banks industry
Industry Median: 10.34 vs NSE:INDUSINDBK: 19.26

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.

IndusInd Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹30.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹75.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IndusInd Bank Shiller PE Ratio Historical Data

The historical data trend for IndusInd Bank'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.

IndusInd Bank Shiller PE Ratio Chart

IndusInd Bank 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 7.78 19.76 16.72 16.40 20.68

IndusInd Bank 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 16.40 20.13 20.23 21.81 20.68

Competitive Comparison of IndusInd Bank's Shiller PE Ratio

For the Banks - Regional subindustry, IndusInd Bank'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.


IndusInd Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, IndusInd Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IndusInd Bank's Shiller PE Ratio falls into.



IndusInd Bank 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.

IndusInd Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1487.25/75.1
=19.80

* 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.

IndusInd Bank's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, IndusInd Bank'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)
=30.14/153.2548*153.2548
=30.140

Current CPI (Mar. 2024) = 153.2548.

IndusInd Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 7.880 94.103 12.833
201409 8.020 96.780 12.700
201412 8.300 96.780 13.143
201503 9.260 97.163 14.606
201506 9.740 99.841 14.951
201509 9.400 101.753 14.158
201512 9.680 102.901 14.417
201603 10.330 102.518 15.442
201606 10.640 105.961 15.389
201609 11.690 105.961 16.908
201612 12.460 105.196 18.152
201703 12.450 105.196 18.138
201706 13.860 107.109 19.831
201709 14.540 109.021 20.439
201712 15.470 109.404 21.671
201803 15.730 109.786 21.958
201806 17.080 111.317 23.515
201809 15.170 115.142 20.191
201812 16.260 115.142 21.642
201903 5.890 118.202 7.637
201906 20.580 120.880 26.092
201909 20.140 123.175 25.058
201912 18.820 126.235 22.848
202003 4.540 124.705 5.579
202006 7.360 127.000 8.882
202009 9.290 130.118 10.942
202012 10.960 130.889 12.833
202103 12.090 131.771 14.061
202106 13.140 134.084 15.019
202109 14.790 135.847 16.685
202112 16.010 138.161 17.759
202203 18.060 138.822 19.938
202206 21.030 142.347 22.641
202209 23.260 144.661 24.642
202212 25.290 145.763 26.590
202303 26.310 146.865 27.455
202306 27.340 150.280 27.881
202309 28.310 151.492 28.639
202312 29.550 153.255 29.550
202403 30.140 153.255 30.140

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.


IndusInd Bank  (NSE:INDUSINDBK) 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.


IndusInd Bank Shiller PE Ratio Related Terms

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IndusInd Bank (NSE:INDUSINDBK) Business Description

Traded in Other Exchanges
Address
841, Senapati Bapat Marg, 8th Floor, Tower 1, One World Centre, Prabhadevi (West), Mumbai, MH, IND, 400013
IndusInd Bank Ltd is a full-service banking group operating in India. Its services include consumer banking, credit cards, consumer finance, corporate banking, commercial banking, global markets, transaction banking, priority sector lending, risk management, and financial restructuring and reconstruction. The Bank operates in four business segments, viz. Treasury, Corporate/ Wholesale Banking, Retail Banking and Other Banking Operations. The Bank generates majority of the revenue from Retail Banking segment. The bank's strategic focus has been to maintain its high-street brand, and it has adopted various initiatives to increase the brand's visibility through digital marketing and increased financial technology. Most of its loan book is in term loans entirely exposed to India.

IndusInd Bank (NSE:INDUSINDBK) Headlines

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