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SRF (NSE:SRF) Shiller PE Ratio : 58.55 (As of May. 17, 2024)


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What is SRF Shiller PE Ratio?

As of today (2024-05-17), SRF's current share price is ₹2270.75. SRF's E10 for the quarter that ended in Mar. 2024 was ₹38.78. SRF's Shiller PE Ratio for today is 58.55.

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

NSE:SRF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.61   Med: 38.1   Max: 73.11
Current: 57.41

During the past years, SRF's highest Shiller PE Ratio was 73.11. The lowest was 27.61. And the median was 38.10.

NSE:SRF's Shiller PE Ratio is ranked worse than
86.68% of 1036 companies
in the Chemicals industry
Industry Median: 19.86 vs NSE:SRF: 57.41

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.

SRF's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹14.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹38.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SRF Shiller PE Ratio Historical Data

The historical data trend for SRF'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.

SRF Shiller PE Ratio Chart

SRF 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 - - 37.58 38.49 66.02

SRF Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 38.49 47.36 60.60 70.79 66.02

Competitive Comparison of SRF's Shiller PE Ratio

For the Specialty Chemicals subindustry, SRF'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.


SRF's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SRF's Shiller PE Ratio distribution charts can be found below:

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



SRF 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.

SRF's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2270.75/38.78
=58.55

* 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.

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

For example, SRF'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)
=14.24/153.0345*153.0345
=14.240

Current CPI (Mar. 2024) = 153.0345.

SRF Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 3.222 94.103 5.240
201409 2.734 96.780 4.323
201412 2.486 96.780 3.931
201503 2.106 97.163 3.317
201506 3.950 99.841 6.055
201509 3.492 101.753 5.252
201512 3.374 102.901 5.018
201603 3.890 102.518 5.807
201606 5.384 105.961 7.776
201609 4.278 105.961 6.179
201612 3.774 105.196 5.490
201703 4.500 105.196 6.546
201706 3.616 107.109 5.166
201709 3.580 109.021 5.025
201712 4.570 109.404 6.393
201803 4.316 109.786 6.016
201806 4.662 111.317 6.409
201809 5.262 115.142 6.994
201812 5.766 115.142 7.664
201903 6.642 118.202 8.599
201906 6.584 120.880 8.335
201909 10.478 123.175 13.018
201912 11.934 126.235 14.468
202003 6.462 124.705 7.930
202006 6.162 127.000 7.425
202009 10.700 130.118 12.585
202012 10.980 130.889 12.838
202103 12.870 131.771 14.947
202106 13.340 134.084 15.225
202109 12.910 135.847 14.543
202112 3.412 138.161 3.779
202203 20.432 138.822 22.524
202206 20.510 142.347 22.050
202209 16.230 144.661 17.169
202212 17.240 145.763 18.100
202303 18.975 146.865 19.772
202306 12.120 150.280 12.342
202309 10.150 151.492 10.253
202312 8.550 152.924 8.556
202403 14.240 153.035 14.240

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.


SRF  (NSE:SRF) 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.


SRF Shiller PE Ratio Related Terms

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


SRF (NSE:SRF) Business Description

Traded in Other Exchanges
Address
Block - C, Sector - 45, Gurugram, HR, IND, 122 003
SRF Ltd operates in the textiles, chemical and packaging business based in India. The company generates around half of its revenue internationally and operates through four business segments. The technical textiles business offers products such as nylon tyre cords, belting fabric, coated fabrics, laminated fabric, polyester tyre cords, and industrial yarns. The chemicals business provides refrigerant gases, pharmaceuticals, and fluorochemicals. Finally, the packaging film business offers polyester films used to package food, cosmetics, healthcare, and personal products. The other segment includes coated fabric, laminated fabric, and engineering plastics. The Chemicals business segment act as a major revenue driver for the firm.