GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ITI Ltd (NSE:ITI) » Definitions » Shiller PE Ratio

ITI (NSE:ITI) Shiller PE Ratio : 289.31 (As of Jan. 19, 2025)


View and export this data going back to 2003. Start your Free Trial

What is ITI Shiller PE Ratio?

As of today (2025-01-19), ITI's current share price is ₹376.10. ITI's E10 for the quarter that ended in Sep. 2024 was ₹1.30. ITI's Shiller PE Ratio for today is 289.31.

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

NSE:ITI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 162.69   Med: 443.71   Max: 1929.06
Current: 290.31

During the past years, ITI's highest Shiller PE Ratio was 1929.06. The lowest was 162.69. And the median was 443.71.

NSE:ITI's Shiller PE Ratio is ranked worse than
96.45% of 1183 companies
in the Hardware industry
Industry Median: 25.93 vs NSE:ITI: 290.31

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.

ITI's adjusted earnings per share data for the three months ended in Sep. 2024 was ₹-0.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹1.30 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITI Shiller PE Ratio Historical Data

The historical data trend for ITI'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.

ITI Shiller PE Ratio Chart

ITI 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 - - - - 1,592.31

ITI Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 1,293.96 1,592.31 440.46 197.19

Competitive Comparison of ITI's Shiller PE Ratio

For the Communication Equipment subindustry, ITI'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.


ITI's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ITI's Shiller PE Ratio distribution charts can be found below:

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



ITI 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.

ITI's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=376.10/1.3
=289.31

* 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.

ITI's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, ITI's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.73/157.8822*157.8822
=-0.730

Current CPI (Sep. 2024) = 157.8822.

ITI Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -3.210 96.780 -5.237
201503 -0.160 97.163 -0.260
201506 1.180 99.841 1.866
201509 -1.410 101.753 -2.188
201512 0.010 102.901 0.015
201603 8.000 102.518 12.320
201606 0.150 105.961 0.224
201609 5.100 105.961 7.599
201612 -1.510 105.196 -2.266
201703 3.110 105.196 4.668
201706 -0.120 107.109 -0.177
201709 0.699 109.021 1.012
201712 1.200 109.404 1.732
201803 0.968 109.786 1.392
201806 0.030 111.317 0.043
201809 0.084 115.142 0.115
201812 0.151 115.142 0.207
201903 0.461 118.202 0.616
201906 -0.710 120.880 -0.927
201909 0.120 123.175 0.154
201912 1.790 126.235 2.239
202003 0.340 124.705 0.430
202006 -1.110 127.000 -1.380
202009 -0.610 130.118 -0.740
202012 -0.340 130.889 -0.410
202103 2.150 131.771 2.576
202106 -0.940 134.084 -1.107
202109 -0.600 135.847 -0.697
202112 -0.990 138.161 -1.131
202203 3.800 138.822 4.322
202206 -1.070 142.347 -1.187
202209 -1.070 144.661 -1.168
202212 -0.930 145.763 -1.007
202303 -0.750 146.865 -0.806
202306 -1.080 150.280 -1.135
202309 -1.310 151.492 -1.365
202312 -1.050 152.924 -1.084
202403 -2.490 153.035 -2.569
202406 -0.950 155.789 -0.963
202409 -0.730 157.882 -0.730

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.


ITI  (NSE:ITI) 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.


ITI Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of ITI's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ITI Business Description

Traded in Other Exchanges
Address
ITI Bhavan, Doorvani Nagar, Bangalore, KA, IND, 560016
ITI Ltd is an India based company, engages in the business of manufacturing, trading, and servicing of telecommunication equipment. Its products include global system for mobile communications (GSM)/code division multiple access (CDMA), defense products and diversified products. It offers a range of telecom products and solutions, including switching, transmission, access, and subscriber premises equipment. Geographically the company distributes its products primarily in India only.