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Marico (NSE:MARICO) Shiller PE Ratio : 54.18 (As of May. 01, 2024)


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What is Marico Shiller PE Ratio?

As of today (2024-05-01), Marico's current share price is ₹518.00. Marico's E10 for the quarter that ended in Dec. 2023 was ₹9.56. Marico's Shiller PE Ratio for today is 54.18.

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

NSE:MARICO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.79   Med: 57.07   Max: 77.58
Current: 54.19

During the past years, Marico's highest Shiller PE Ratio was 77.58. The lowest was 33.79. And the median was 57.07.

NSE:MARICO's Shiller PE Ratio is ranked worse than
87.47% of 1077 companies
in the Consumer Packaged Goods industry
Industry Median: 18.86 vs NSE:MARICO: 54.19

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.

Marico's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹2.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹9.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marico Shiller PE Ratio Historical Data

The historical data trend for Marico'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.

Marico Shiller PE Ratio Chart

Marico 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 - 37.61 57.82 62.89 53.64

Marico Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 62.72 58.24 53.64 60.46 57.38

Competitive Comparison of Marico's Shiller PE Ratio

For the Household & Personal Products subindustry, Marico'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.


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

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

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



Marico 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.

Marico's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=518.00/9.56
=54.18

* 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.

Marico's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Marico's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.96/153.2548*153.2548
=2.960

Current CPI (Dec. 2023) = 153.2548.

Marico Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 1.050 91.425 1.760
201403 0.690 91.425 1.157
201406 1.435 94.103 2.337
201409 0.915 96.780 1.449
201412 1.240 96.780 1.964
201503 0.850 97.163 1.341
201506 1.770 99.841 2.717
201509 1.190 101.753 1.792
201512 1.600 102.901 2.383
201603 1.070 102.518 1.600
201606 2.080 105.961 3.008
201609 1.400 105.961 2.025
201612 1.490 105.196 2.171
201703 1.310 105.196 1.908
201706 1.800 107.109 2.576
201709 1.410 109.021 1.982
201712 1.710 109.404 2.395
201803 1.400 109.786 1.954
201806 1.980 111.317 2.726
201809 1.650 115.142 2.196
201812 1.910 115.142 2.542
201903 3.090 118.202 4.006
201906 2.380 120.880 3.017
201909 1.920 123.175 2.389
201912 2.100 126.235 2.549
202003 1.500 124.705 1.843
202006 2.940 127.000 3.548
202009 2.050 130.118 2.415
202012 2.380 130.889 2.787
202103 1.700 131.771 1.977
202106 2.760 134.084 3.155
202109 2.390 135.847 2.696
202112 2.400 138.161 2.662
202203 1.936 138.822 2.137
202206 2.870 142.347 3.090
202209 2.320 144.661 2.458
202212 2.530 145.763 2.660
202303 2.338 146.865 2.440
202309 2.730 151.492 2.762
202312 2.960 153.255 2.960

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.


Marico  (NSE:MARICO) 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.


Marico Shiller PE Ratio Related Terms

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


Marico (NSE:MARICO) Business Description

Traded in Other Exchanges
Address
175, CST Road, 7th floor, Grande Palladium, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
Marico Ltd is an Indian beauty and wellness products company. The company is present in emerging markets across Asia and Africa. The cosmetic product categories are hair care, male grooming, skin care, edible oils, health foods, and fabric care. Locally, Marico sells under brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Livon, Set Wet, Mediker, and Revive. Internationally, the company offers the following brands: Parachute, HairCode, Hercules, Black Chic, Code 10, Fiancee, Caivil, Ingwe, X-Men, and Thuan Phat.

Marico (NSE:MARICO) Headlines

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