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Havells India (NSE:HAVELLS) Shiller PE Ratio : 103.45 (As of May. 03, 2024)


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What is Havells India Shiller PE Ratio?

As of today (2024-05-03), Havells India's current share price is ₹1667.65. Havells India's E10 for the fiscal year that ended in Mar23 was ₹16.12. Havells India's Shiller PE Ratio for today is 103.45.

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

NSE:HAVELLS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 37.88   Med: 74.06   Max: 101.68
Current: 101.68

During the past 13 years, Havells India's highest Shiller PE Ratio was 101.68. The lowest was 37.88. And the median was 74.06.

NSE:HAVELLS's Shiller PE Ratio is ranked worse than
91.06% of 1745 companies
in the Industrial Products industry
Industry Median: 25.66 vs NSE:HAVELLS: 101.68

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.

Havells India's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹17.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹16.12 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Havells India Shiller PE Ratio Historical Data

The historical data trend for Havells India'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.

Havells India Shiller PE Ratio Chart

Havells India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.91 39.60 77.39 76.26 73.72

Havells India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 73.72 - - -

Competitive Comparison of Havells India's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Havells India'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.


Havells India's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Havells India's Shiller PE Ratio distribution charts can be found below:

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



Havells India 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.

Havells India's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1667.65/16.12
=103.45

* 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.

Havells India's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Havells India's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=17.11/146.8646*146.8646
=17.110

Current CPI (Mar23) = 146.8646.

Havells India Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 7.150 91.425 11.486
201503 6.170 97.163 9.326
201603 20.820 102.518 29.826
201703 7.910 105.196 11.043
201803 10.570 109.786 14.140
201903 12.590 118.202 15.643
202003 11.760 124.705 13.850
202103 16.680 131.771 18.591
202203 19.100 138.822 20.207
202303 17.110 146.865 17.110

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.


Havells India  (NSE:HAVELLS) 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.


Havells India Shiller PE Ratio Related Terms

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Havells India (NSE:HAVELLS) Business Description

Traded in Other Exchanges
Address
2D, Expressway, QRG Towers, Sector 126, Noida, UP, IND, 201304
Havells India Ltd manufactures and distributes electrical equipment for consumer and industrial applications. Its product portfolio includes fans, appliances, switches, lighting, switch gears, circuit breakers, water heaters, air purifiers, flexible cables, air coolers, monoblock and submersible pumps, personal grooming products, motors, and reactive power solutions. The firm has seven manufacturing facilities, all of which are in India. A majority of the firm's revenue is generated in India.

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