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Axel Polymers (BOM:513642) Shiller PE Ratio : 116.20 (As of May. 12, 2024)


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What is Axel Polymers Shiller PE Ratio?

As of today (2024-05-12), Axel Polymers's current share price is ₹70.88. Axel Polymers's E10 for the quarter that ended in Dec. 2023 was ₹0.61. Axel Polymers's Shiller PE Ratio for today is 116.20.

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

BOM:513642' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.14   Med: 184.98   Max: 706.25
Current: 115.46

During the past years, Axel Polymers's highest Shiller PE Ratio was 706.25. The lowest was 22.14. And the median was 184.98.

BOM:513642's Shiller PE Ratio is ranked worse than
94.52% of 1041 companies
in the Chemicals industry
Industry Median: 19.79 vs BOM:513642: 115.46

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.

Axel Polymers's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axel Polymers Shiller PE Ratio Historical Data

The historical data trend for Axel Polymers'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.

Axel Polymers Shiller PE Ratio Chart

Axel Polymers 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 - - 22.07 - 621.59

Axel Polymers 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 - 621.59 180.29 219.23 82.99

Competitive Comparison of Axel Polymers's Shiller PE Ratio

For the Specialty Chemicals subindustry, Axel Polymers'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.


Axel Polymers's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Axel Polymers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Axel Polymers's Shiller PE Ratio falls into.



Axel Polymers 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.

Axel Polymers's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=70.88/0.61
=116.20

* 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.

Axel Polymers's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Axel Polymers'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)
=0.79/153.2548*153.2548
=0.790

Current CPI (Dec. 2023) = 153.2548.

Axel Polymers Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -3.540 91.425 -5.934
201406 0.630 94.103 1.026
201409 -0.510 96.780 -0.808
201412 1.210 96.780 1.916
201503 -0.310 97.163 -0.489
201506 0.560 99.841 0.860
201509 -0.390 101.753 -0.587
201512 0.870 102.901 1.296
201603 -0.680 102.518 -1.017
201606 0.730 105.961 1.056
201609 0.340 105.961 0.492
201612 -1.490 105.196 -2.171
201703 0.970 105.196 1.413
201706 0.350 107.109 0.501
201709 0.410 109.021 0.576
201712 0.100 109.404 0.140
201803 0.060 109.786 0.084
201806 0.510 111.317 0.702
201809 0.480 115.142 0.639
201812 0.440 115.142 0.586
201903 -0.340 118.202 -0.441
201906 0.790 120.880 1.002
201909 -0.700 123.175 -0.871
201912 0.470 126.235 0.571
202003 -0.330 124.705 -0.406
202006 -1.320 127.000 -1.593
202009 0.390 130.118 0.459
202012 0.140 130.889 0.164
202103 2.325 131.771 2.704
202106 0.310 134.084 0.354
202109 -0.240 135.847 -0.271
202112 0.240 138.161 0.266
202203 0.300 138.822 0.331
202206 0.300 142.347 0.323
202209 0.290 144.661 0.307
202212 0.310 145.763 0.326
202303 0.480 146.865 0.501
202306 0.730 150.280 0.744
202309 0.590 151.492 0.597
202312 0.790 153.255 0.790

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.


Axel Polymers  (BOM:513642) 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.


Axel Polymers Shiller PE Ratio Related Terms

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Axel Polymers (BOM:513642) Business Description

Traded in Other Exchanges
N/A
Address
Off Western Express Highway, B-312, Western Edge II, Borivali East, Mumbai, MH, IND, 400066
Axel Polymers Ltd engages in the manufacture of compounds, blends, alloys of engineering polymers, specialty and commodity polymers. Geographically all business activities function in India. It is the manufacturer of Engineering Thermoplastic Compounds in India, catering to Multinationals and Domestic Corporates.

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