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Britannia Industries (BOM:500825) Shiller PE Ratio : 72.44 (As of May. 12, 2024)


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What is Britannia Industries Shiller PE Ratio?

As of today (2024-05-12), Britannia Industries's current share price is ₹5068.60. Britannia Industries's E10 for the quarter that ended in Mar. 2024 was ₹69.97. Britannia Industries's Shiller PE Ratio for today is 72.44.

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

BOM:500825' s Shiller PE Ratio Range Over the Past 10 Years
Min: 59.99   Med: 71.06   Max: 82.51
Current: 72.44

During the past years, Britannia Industries's highest Shiller PE Ratio was 82.51. The lowest was 59.99. And the median was 71.06.

BOM:500825's Shiller PE Ratio is ranked worse than
91.65% of 1078 companies
in the Consumer Packaged Goods industry
Industry Median: 18.98 vs BOM:500825: 72.44

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.

Britannia Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹22.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹69.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Britannia Industries Shiller PE Ratio Historical Data

The historical data trend for Britannia Industries'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.

Britannia Industries Shiller PE Ratio Chart

Britannia Industries 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 - 70.59 63.57 70.67 70.21

Britannia Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 70.67 78.67 68.62 77.95 70.21

Competitive Comparison of Britannia Industries's Shiller PE Ratio

For the Packaged Foods subindustry, Britannia Industries'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.


Britannia Industries's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Britannia Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Britannia Industries's Shiller PE Ratio falls into.



Britannia Industries 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.

Britannia Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5068.60/69.97
=72.44

* 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.

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

For example, Britannia Industries'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)
=22.32/153.2548*153.2548
=22.320

Current CPI (Mar. 2024) = 153.2548.

Britannia Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 4.740 94.103 7.720
201409 11.275 96.780 17.854
201412 5.720 96.780 9.058
201503 6.970 97.163 10.994
201506 8.105 99.841 12.441
201509 9.215 101.753 13.879
201512 8.785 102.901 13.084
201603 8.295 102.518 12.400
201606 9.130 105.961 13.205
201609 9.745 105.961 14.094
201612 9.185 105.196 13.381
201703 8.785 105.196 12.798
201706 9.000 107.109 12.878
201709 10.865 109.021 15.273
201712 10.970 109.404 15.367
201803 10.970 109.786 15.313
201806 10.750 111.317 14.800
201809 12.600 115.142 16.771
201812 12.510 115.142 16.651
201903 12.360 118.202 16.025
201906 10.440 120.880 13.236
201909 16.820 123.175 20.928
201912 15.490 126.235 18.805
202003 15.580 124.705 19.147
202006 22.690 127.000 27.381
202009 20.680 130.118 24.357
202012 18.920 130.889 22.153
202103 15.110 131.771 17.574
202106 16.170 134.084 18.482
202109 15.950 135.847 17.994
202112 15.410 138.161 17.094
202203 15.780 138.822 17.421
202206 14.010 142.347 15.084
202209 20.480 144.661 21.697
202212 38.710 145.763 40.700
202303 23.190 146.865 24.199
202306 19.000 150.280 19.376
202309 24.410 151.492 24.694
202312 23.110 153.255 23.110
202403 22.320 153.255 22.320

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.


Britannia Industries  (BOM:500825) 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.


Britannia Industries Shiller PE Ratio Related Terms

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Britannia Industries (BOM:500825) Business Description

Traded in Other Exchanges
Address
Whitefield Main Road, The Business Precinct, Tower C, 16th & 17th Floor, Prestige Shantiniketan, Mahadevapura Post, Bengaluru, KA, IND, 560048
Britannia Industries Ltd is an Indian packaged-food company. Its main product categories are: biscuits, breads, dairy, cakes, and rusks. The biscuits product line offers sweet biscuits under the GoodDay brand, crackers under the 5050 brands, nutritional and digestive biscuits under the NutriChoice brand, and other products. The bread products segment offers whole-wheat breads, white sandwich breads, and bread assortments. The dairy product line sells cheese, milk, and yogurt under the Britannia brand. The cake segment offers bar cakes, muffins, and many more.

Britannia Industries (BOM:500825) Headlines

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