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SRF (NSE:SRF) Shiller PE Ratio : 56.69 (As of Dec. 14, 2024)


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What is SRF Shiller PE Ratio?

As of today (2024-12-14), SRF's current share price is ₹2296.70. SRF's E10 for the quarter that ended in Sep. 2024 was ₹40.51. SRF's Shiller PE Ratio for today is 56.69.

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: 53.4   Med: 64.98   Max: 94
Current: 56.64

During the past years, SRF's highest Shiller PE Ratio was 94.00. The lowest was 53.40. And the median was 64.98.

NSE:SRF's Shiller PE Ratio is ranked worse than
83.77% of 881 companies
in the Chemicals industry
Industry Median: 21.27 vs NSE:SRF: 56.64

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 Sep. 2024 was ₹6.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹40.51 for the trailing ten years ended in Sep. 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 - - 89.23 66.15 66.10

SRF Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 59.22 64.84 66.10 61.29 61.66

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
=2296.70/40.51
=56.69

* 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 Sep. 2024 is calculated as:

For example, SRF's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=6.79/157.8822*157.8822
=6.790

Current CPI (Sep. 2024) = 157.8822.

SRF Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 2.486 96.780 4.056
201503 2.106 97.163 3.422
201506 3.950 99.841 6.246
201509 3.492 101.753 5.418
201512 3.374 102.901 5.177
201603 3.890 102.518 5.991
201606 5.384 105.961 8.022
201609 4.278 105.961 6.374
201612 3.774 105.196 5.664
201703 4.500 105.196 6.754
201706 3.616 107.109 5.330
201709 3.580 109.021 5.184
201712 4.570 109.404 6.595
201803 4.316 109.786 6.207
201806 4.662 111.317 6.612
201809 5.262 115.142 7.215
201812 5.766 115.142 7.906
201903 6.642 118.202 8.872
201906 6.584 120.880 8.599
201909 10.478 123.175 13.430
201912 11.934 126.235 14.926
202003 6.462 124.705 8.181
202006 6.162 127.000 7.660
202009 10.700 130.118 12.983
202012 10.980 130.889 13.244
202103 12.870 131.771 15.420
202106 13.340 134.084 15.708
202109 12.910 135.847 15.004
202112 3.412 138.161 3.899
202203 20.432 138.822 23.237
202206 20.510 142.347 22.748
202209 16.230 144.661 17.713
202212 17.240 145.763 18.673
202303 18.980 146.865 20.404
202306 12.120 150.280 12.733
202309 10.150 151.492 10.578
202312 8.550 152.924 8.827
202403 14.240 153.035 14.691
202406 8.510 155.789 8.624
202409 6.790 157.882 6.790

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 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.

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