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Steel Authority Of India (NSE:SAIL) Shiller PE Ratio : 25.38 (As of May. 02, 2024)


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What is Steel Authority Of India Shiller PE Ratio?

As of today (2024-05-02), Steel Authority Of India's current share price is ₹164.20. Steel Authority Of India's E10 for the quarter that ended in Dec. 2023 was ₹6.47. Steel Authority Of India's Shiller PE Ratio for today is 25.38.

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

NSE:SAIL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.11   Med: 6.86   Max: 26.05
Current: 26.05

During the past years, Steel Authority Of India's highest Shiller PE Ratio was 26.05. The lowest was 2.11. And the median was 6.86.

NSE:SAIL's Shiller PE Ratio is ranked worse than
69.87% of 395 companies
in the Steel industry
Industry Median: 15.36 vs NSE:SAIL: 26.05

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.

Steel Authority Of India's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹1.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹6.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steel Authority Of India Shiller PE Ratio Historical Data

The historical data trend for Steel Authority Of 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.

Steel Authority Of India Shiller PE Ratio Chart

Steel Authority Of 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 - - - 3.06 10.29

Steel Authority Of 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 6.43 10.29 11.03 13.17 19.11

Competitive Comparison of Steel Authority Of India's Shiller PE Ratio

For the Steel subindustry, Steel Authority Of 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.


Steel Authority Of India's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Steel Authority Of India's Shiller PE Ratio distribution charts can be found below:

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



Steel Authority Of 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.

Steel Authority Of India's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=164.20/6.47
=25.38

* 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.

Steel Authority Of India's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Steel Authority Of India's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.02/153.2548*153.2548
=1.020

Current CPI (Dec. 2023) = 153.2548.

Steel Authority Of India Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200909 4.030 62.353 9.905
200912 4.060 64.648 9.625
201003 5.280 65.030 12.443
201006 2.850 66.560 6.562
201009 2.640 68.473 5.909
201012 2.680 70.768 5.804
201103 3.969 70.768 8.595
201106 2.030 72.298 4.303
201109 1.200 75.359 2.440
201112 1.530 75.359 3.112
201203 3.940 76.889 7.853
201303 5.639 85.687 10.086
201403 6.421 91.425 10.763
201503 4.928 97.163 7.773
201603 -10.110 102.518 -15.113
201703 -6.670 105.196 -9.717
201803 -0.680 109.786 -0.949
201806 1.340 111.317 1.845
201809 1.480 115.142 1.970
201812 1.550 115.142 2.063
201903 1.330 118.202 1.724
201906 0.250 120.880 0.317
201909 -0.690 123.175 -0.859
201912 -0.830 126.235 -1.008
202003 6.410 124.705 7.877
202006 -2.970 127.000 -3.584
202009 1.060 130.118 1.248
202012 3.550 130.889 4.157
202103 8.400 131.771 9.770
202106 9.440 134.084 10.790
202109 10.500 135.847 11.845
202112 3.700 138.161 4.104
202203 6.000 138.822 6.624
202206 1.950 142.347 2.099
202209 -80.000 144.661 -84.752
202212 1.310 145.763 1.377
202303 2.810 146.865 2.932
202306 0.510 150.280 0.520
202309 3.160 151.492 3.197
202312 1.020 153.255 1.020

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.


Steel Authority Of India  (NSE:SAIL) 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.


Steel Authority Of India Shiller PE Ratio Related Terms

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Steel Authority Of India (NSE:SAIL) Business Description

Traded in Other Exchanges
Address
Lodi Road, Ispat Bhawan, New Delhi, IND, 110003
Steel Authority Of India Ltd is a steelmaker. The company primarily produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. It generates most of its revenue from the Indian domestic market.

Steel Authority Of India (NSE:SAIL) Headlines

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