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Tata Motors (WBO:TATB) Shiller PE Ratio : 65.71 (As of Jun. 23, 2024)


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What is Tata Motors Shiller PE Ratio?

As of today (2024-06-23), Tata Motors's current share price is €23.00. Tata Motors's E10 for the quarter that ended in Mar. 2024 was €0.35. Tata Motors's Shiller PE Ratio for today is 65.71.

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

WBO:TATB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.46   Med: 53.81   Max: 93.55
Current: 63.23

During the past years, Tata Motors's highest Shiller PE Ratio was 93.55. The lowest was 25.46. And the median was 53.81.

WBO:TATB's Shiller PE Ratio is ranked worse than
87.54% of 835 companies
in the Vehicles & Parts industry
Industry Median: 17.2 vs WBO:TATB: 63.23

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.

Tata Motors's adjusted earnings per share data for the three months ended in Mar. 2024 was €2.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tata Motors Shiller PE Ratio Historical Data

The historical data trend for Tata Motors'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.

Tata Motors Shiller PE Ratio Chart

Tata Motors 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 - - 38.75 46.27 65.27

Tata Motors Quarterly Data
Dec13 Mar14 Dec14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Sep21 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 46.27 62.27 64.48 70.18 65.27

Competitive Comparison of Tata Motors's Shiller PE Ratio

For the Auto Manufacturers subindustry, Tata Motors'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.


Tata Motors's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tata Motors's Shiller PE Ratio distribution charts can be found below:

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



Tata Motors 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.

Tata Motors's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.00/0.35
=65.71

* 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.

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

For example, Tata Motors'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)
=2.51/153.0345*153.0345
=2.510

Current CPI (Mar. 2024) = 153.0345.

Tata Motors Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200512 0.180 45.604 0.604
200603 0.149 45.521 0.501
200606 0.188 47.051 0.611
200609 0.185 47.816 0.592
200612 0.186 48.581 0.586
200703 0.182 48.581 0.573
200706 0.163 49.729 0.502
200709 0.158 50.877 0.475
200712 0.155 51.259 0.463
200803 0.372 52.407 1.086
200903 -2.023 56.615 -5.468
200912 0.160 64.648 0.379
201003 1.051 65.030 2.473
201006 0.559 66.560 1.285
201009 0.590 68.473 1.319
201012 0.610 70.768 1.319
201103 0.152 70.768 0.329
201112 0.735 75.359 1.493
201203 0.964 76.889 1.919
201303 1.930 85.687 3.447
201312 0.000 91.425 0.000
201403 0.759 91.425 1.270
201412 0.000 96.780 0.000
201503 0.360 97.163 0.567
201603 1.906 102.518 2.845
201703 1.222 105.196 1.778
201803 1.191 109.786 1.660
201903 -5.495 118.202 -7.114
202003 -1.997 124.705 -2.451
202103 -2.261 131.771 -2.626
202109 -0.670 135.847 -0.755
202203 -1.780 138.822 -1.962
202206 -0.792 142.347 -0.851
202209 -0.155 144.661 -0.164
202212 0.447 145.763 0.469
202303 0.801 146.865 0.835
202306 0.468 150.280 0.477
202309 0.553 151.492 0.559
202312 1.013 152.924 1.014
202403 2.510 153.035 2.510

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.


Tata Motors  (WBO:TATB) 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.


Tata Motors Shiller PE Ratio Related Terms

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Tata Motors (WBO:TATB) Business Description

Address
24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001
Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.

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