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Mirza International (NSE:MIRZAINT) Shiller PE Ratio : 7.40 (As of Jun. 23, 2024)


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What is Mirza International Shiller PE Ratio?

As of today (2024-06-23), Mirza International's current share price is ₹46.02. Mirza International's E10 for the quarter that ended in Mar. 2024 was ₹6.22. Mirza International's Shiller PE Ratio for today is 7.40.

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

NSE:MIRZAINT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.39   Med: 7.72   Max: 51.79
Current: 7.35

During the past years, Mirza International's highest Shiller PE Ratio was 51.79. The lowest was 2.39. And the median was 7.72.

NSE:MIRZAINT's Shiller PE Ratio is ranked better than
87.64% of 631 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.98 vs NSE:MIRZAINT: 7.35

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.

Mirza International's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹6.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mirza International Shiller PE Ratio Historical Data

The historical data trend for Mirza International'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.

Mirza International Shiller PE Ratio Chart

Mirza International 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 2.35 6.48 24.98 5.32 6.87

Mirza International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 36.58 5.32 6.70 7.08 6.87

Competitive Comparison of Mirza International's Shiller PE Ratio

For the Footwear & Accessories subindustry, Mirza International'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.


Mirza International's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mirza International's Shiller PE Ratio distribution charts can be found below:

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



Mirza International 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.

Mirza International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=46.02/6.22
=7.40

* 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.

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

For example, Mirza International'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)
=0.08/153.0345*153.0345
=0.080

Current CPI (Mar. 2024) = 153.0345.

Mirza International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 1.170 91.425 1.958
201403 0.870 91.425 1.456
201406 1.050 94.103 1.708
201409 1.460 96.780 2.309
201412 1.680 96.780 2.657
201503 1.330 97.163 2.095
201506 1.940 99.841 2.974
201509 1.730 101.753 2.602
201512 1.630 102.901 2.424
201603 1.910 102.518 2.851
201606 1.660 105.961 2.397
201609 1.360 105.961 1.964
201612 1.430 105.196 2.080
201703 1.510 105.196 2.197
201706 1.640 107.109 2.343
201709 1.580 109.021 2.218
201803 0.000 109.786 0.000
201806 1.500 111.317 2.062
201809 1.340 115.142 1.781
201812 0.620 115.142 0.824
201903 0.600 118.202 0.777
201906 0.790 120.880 1.000
201909 0.800 123.175 0.994
201912 1.780 126.235 2.158
202003 0.600 124.705 0.736
202006 -1.930 127.000 -2.326
202009 0.530 130.118 0.623
202012 1.340 130.889 1.567
202103 0.760 131.771 0.883
202106 0.960 134.084 1.096
202109 2.220 135.847 2.501
202112 3.650 138.161 4.043
202203 0.320 138.822 0.353
202206 3.410 142.347 3.666
202209 0.650 144.661 0.688
202212 0.280 145.763 0.294
202303 0.230 146.865 0.240
202309 0.290 151.492 0.293
202312 0.320 152.924 0.320
202403 0.080 153.035 0.080

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.


Mirza International  (NSE:MIRZAINT) 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.


Mirza International Shiller PE Ratio Related Terms

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Mirza International (NSE:MIRZAINT) Business Description

Traded in Other Exchanges
Address
A-7, Mathura Road, Mohan Co-operative Industrial Estate, New Delhi, IND, 110 044
Mirza International Ltd is engaged in the manufacturing and marketing of leather footwear and finished leather. Its business segment includes the Export division and Domestic Division, where the majority is generated from Export. Geographically the company generates the majority of its revenue from the UK. Its brand includes Thomas Crick, Off the Hook London, and Oaktrak.

Mirza International (NSE:MIRZAINT) Headlines

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