GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Marshall Machines Ltd (NSE:MARSHALL) » Definitions » Shiller PE Ratio

Marshall Machines (NSE:MARSHALL) Shiller PE Ratio : 37.16 (As of Jun. 18, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Marshall Machines Shiller PE Ratio?

As of today (2024-06-18), Marshall Machines's current share price is ₹28.61. Marshall Machines's E10 for the fiscal year that ended in Mar23 was ₹0.77. Marshall Machines's Shiller PE Ratio for today is 37.16.

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

NSE:MARSHALL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 38   Med: 69.33   Max: 76.97
Current: 38

During the past 10 years, Marshall Machines's highest Shiller PE Ratio was 76.97. The lowest was 38.00. And the median was 69.33.

NSE:MARSHALL's Shiller PE Ratio is ranked worse than
68.02% of 1767 companies
in the Industrial Products industry
Industry Median: 24.93 vs NSE:MARSHALL: 38.00

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.

Marshall Machines's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹-4.134. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.77 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marshall Machines Shiller PE Ratio Historical Data

The historical data trend for Marshall Machines'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.

Marshall Machines Shiller PE Ratio Chart

Marshall Machines 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 - - - - 52.44

Marshall Machines Quarterly Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Mar23 Sep23
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 - - - 52.44 -

Competitive Comparison of Marshall Machines's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Marshall Machines'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.


Marshall Machines's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Marshall Machines 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.

Marshall Machines's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=28.61/0.77
=37.16

* 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.

Marshall Machines's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Marshall Machines's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=-4.134/146.8646*146.8646
=-4.134

Current CPI (Mar23) = 146.8646.

Marshall Machines Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.352 91.425 0.565
201503 0.150 97.163 0.227
201603 0.249 102.518 0.357
201703 0.662 105.196 0.924
201803 3.001 109.786 4.015
201903 4.335 118.202 5.386
202003 1.779 124.705 2.095
202103 0.218 131.771 0.243
202203 -1.884 138.822 -1.993
202303 -4.134 146.865 -4.134

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.


Marshall Machines  (NSE:MARSHALL) 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.


Marshall Machines Shiller PE Ratio Related Terms

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


Marshall Machines (NSE:MARSHALL) Business Description

Traded in Other Exchanges
N/A
Address
C 86, Phase-V, Focal Point, Ludhiana, PB, IND, 141010
Marshall Machines Ltd is an India based company engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment including a wide range of Single spindle, Patented double and four spindle CNC machines, Automated robotic solutions and patent pending IoTQ suite of intelligent equipment. The company also sells machine parts of the manufactured machines as well to existing machinery buyers. Its products and services are offered to a wide range of industries including manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, and Bushes among others. The company sells its products in India and also exports it to other countries, of which key revenue is generated from sales made within the country.

Marshall Machines (NSE:MARSHALL) Headlines

No Headlines