GURUFOCUS.COM » STOCK LIST » Technology » Software » Tech Mahindra Ltd (NSE:TECHM) » Definitions » Shiller PE Ratio

Tech Mahindra (NSE:TECHM) Shiller PE Ratio : 27.18 (As of May. 09, 2025)


View and export this data going back to 2006. Start your Free Trial

What is Tech Mahindra Shiller PE Ratio?

As of today (2025-05-09), Tech Mahindra's current share price is ₹1502.80. Tech Mahindra's E10 for the quarter that ended in Mar. 2025 was ₹55.30. Tech Mahindra's Shiller PE Ratio for today is 27.18.

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

NSE:TECHM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.83   Med: 22.24   Max: 36.67
Current: 27.05

During the past years, Tech Mahindra's highest Shiller PE Ratio was 36.67. The lowest was 11.83. And the median was 22.24.

NSE:TECHM's Shiller PE Ratio is ranked better than
59.41% of 877 companies
in the Software industry
Industry Median: 34.36 vs NSE:TECHM: 27.05

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.

Tech Mahindra's adjusted earnings per share data for the three months ended in Mar. 2025 was ₹13.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹55.30 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tech Mahindra Shiller PE Ratio Historical Data

The historical data trend for Tech Mahindra'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.

Tech Mahindra Shiller PE Ratio Chart

Tech Mahindra Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.05 30.15 20.47 23.41 25.65

Tech Mahindra Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 23.41 26.36 28.56 30.95 25.65

Competitive Comparison of Tech Mahindra's Shiller PE Ratio

For the Information Technology Services subindustry, Tech Mahindra'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.


Tech Mahindra's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Tech Mahindra's Shiller PE Ratio distribution charts can be found below:

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


;
;

Tech Mahindra 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.

Tech Mahindra's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1502.80/55.30
=27.18

* 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.

Tech Mahindra's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Tech Mahindra's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=13.15/157.3313*157.3313
=13.150

Current CPI (Mar. 2025) = 157.3313.

Tech Mahindra Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 7.020 99.841 11.062
201509 8.750 101.753 13.529
201512 8.460 102.901 12.935
201603 9.630 102.518 14.779
201606 8.440 105.961 12.532
201609 7.250 105.961 10.765
201612 9.630 105.196 14.403
201703 6.610 105.196 9.886
201706 8.980 107.109 13.191
201709 9.400 109.021 13.565
201712 10.610 109.404 15.258
201803 13.720 109.786 19.662
201806 10.070 111.317 14.233
201809 11.930 115.142 16.301
201812 13.450 115.142 18.378
201903 12.330 118.202 16.412
201906 10.890 120.880 14.174
201909 12.780 123.175 16.324
201912 13.030 126.235 16.240
202003 9.120 124.705 11.506
202006 11.070 127.000 13.714
202009 12.110 130.118 14.643
202012 14.870 130.889 17.874
202103 12.200 131.771 14.567
202106 15.320 134.084 17.976
202109 15.140 135.847 17.534
202112 15.460 138.161 17.605
202203 16.940 138.822 19.199
202206 12.780 142.347 14.125
202209 14.520 144.661 15.792
202212 14.640 145.763 15.802
202303 12.600 146.865 13.498
202306 7.820 150.280 8.187
202309 5.570 151.492 5.785
202312 5.760 152.924 5.926
202403 7.450 153.035 7.659
202406 9.600 155.789 9.695
202409 14.100 157.882 14.051
202412 11.080 158.323 11.011
202503 13.150 157.331 13.150

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.


Tech Mahindra  (NSE:TECHM) 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.


Tech Mahindra Shiller PE Ratio Related Terms

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


Tech Mahindra Business Description

Traded in Other Exchanges
Address
Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Processing Outsourcing. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company generates the majority of its revenue from Communications & Media & Entertainment Industry. Geographically the company generates the majority of its revenue from the Americas.

Tech Mahindra Headlines

No Headlines