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Latteys Industries (NSE:LATTEYS) Shiller PE Ratio : 201.65 (As of Dec. 13, 2024)


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What is Latteys Industries Shiller PE Ratio?

As of today (2024-12-13), Latteys Industries's current share price is ₹34.28. Latteys Industries's E10 for the fiscal year that ended in Mar24 was ₹0.17. Latteys Industries's Shiller PE Ratio for today is 201.65.

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

NSE:LATTEYS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 84.41   Med: 202.36   Max: 337.86
Current: 203.34

During the past 11 years, Latteys Industries's highest Shiller PE Ratio was 337.86. The lowest was 84.41. And the median was 202.36.

NSE:LATTEYS's Shiller PE Ratio is ranked worse than
95.85% of 1519 companies
in the Industrial Products industry
Industry Median: 30.35 vs NSE:LATTEYS: 203.34

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.

Latteys Industries's adjusted earnings per share data of for the fiscal year that ended in Mar24 was ₹0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.17 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Latteys Industries Shiller PE Ratio Historical Data

The historical data trend for Latteys Industries'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.

Latteys Industries Shiller PE Ratio Chart

Latteys Industries 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 - - - 186.58 80.38

Latteys Industries Semi-Annual Data
Mar14 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 Premium Member Only - - - 186.58 80.38

Competitive Comparison of Latteys Industries's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Latteys Industries'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.


Latteys Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Latteys Industries's Shiller PE Ratio distribution charts can be found below:

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



Latteys Industries 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.

Latteys Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.28/0.17
=201.65

* 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.

Latteys Industries's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Latteys Industries'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)
=0.26/153.0345*153.0345
=0.260

Current CPI (Mar24) = 153.0345.

Latteys Industries Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.024 97.163 0.038
201603 0.054 102.518 0.081
201703 0.112 105.196 0.163
201803 0.249 109.786 0.347
201903 0.138 118.202 0.179
202003 0.073 124.705 0.090
202103 0.089 131.771 0.103
202203 0.180 138.822 0.198
202303 0.230 146.865 0.240
202403 0.260 153.035 0.260

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.


Latteys Industries  (NSE:LATTEYS) 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.


Latteys Industries Shiller PE Ratio Related Terms

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Latteys Industries Business Description

Traded in Other Exchanges
N/A
Address
GIDC Estate, Plot No. 16, Phase-1/2, Naroda GIDC, Ahmedabad, GJ, IND, 382330
Latteys Industries Ltd is engaged in the manufacturing of submersible pumps. Its product profile includes Borewell submersible pumps, Openwell submersible pumps, Self-Priming, Centrifugal Monoblock pumps, Solar pump set, and others.

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