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Prashant India (BOM:519014) Shiller PE Ratio : 79.65 (As of May. 12, 2024)


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What is Prashant India Shiller PE Ratio?

As of today (2024-05-12), Prashant India's current share price is ₹13.54. Prashant India's E10 for the quarter that ended in Dec. 2023 was ₹0.17. Prashant India's Shiller PE Ratio for today is 79.65.

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

BOM:519014' s Shiller PE Ratio Range Over the Past 10 Years
Min: 60.35   Med: 78.41   Max: 88.24
Current: 79.88

During the past years, Prashant India's highest Shiller PE Ratio was 88.24. The lowest was 60.35. And the median was 78.41.

BOM:519014's Shiller PE Ratio is ranked worse than
87.52% of 625 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.72 vs BOM:519014: 79.88

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.

Prashant India's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prashant India Shiller PE Ratio Historical Data

The historical data trend for Prashant 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.

Prashant India Shiller PE Ratio Chart

Prashant India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
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Prashant 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 - - - - 78.05

Competitive Comparison of Prashant India's Shiller PE Ratio

For the Textile Manufacturing subindustry, Prashant 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.


Prashant India's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Prashant India's Shiller PE Ratio distribution charts can be found below:

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



Prashant 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.

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

Shiller PE Ratio=Share Price/ E10
=13.54/0.17
=79.65

* 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.

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

For example, Prashant 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)
=-0.04/153.2548*153.2548
=-0.040

Current CPI (Dec. 2023) = 153.2548.

Prashant India Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.590 91.425 0.989
201406 -0.800 94.103 -1.303
201409 0.180 96.780 0.285
201412 -0.950 96.780 -1.504
201503 1.430 97.163 2.256
201506 -0.410 99.841 -0.629
201509 0.400 101.753 0.602
201512 -0.690 102.901 -1.028
201603 -0.280 102.518 -0.419
201606 0.070 105.961 0.101
201609 0.280 105.961 0.405
201612 0.020 105.196 0.029
201703 -0.150 105.196 -0.219
201706 0.040 107.109 0.057
201709 -0.410 109.021 -0.576
201712 -0.240 109.404 -0.336
201803 0.410 109.786 0.572
201806 1.990 111.317 2.740
201809 -0.370 115.142 -0.492
201812 0.190 115.142 0.253
201903 0.810 118.202 1.050
201906 0.120 120.880 0.152
201909 0.250 123.175 0.311
201912 -0.090 126.235 -0.109
202003 -0.010 124.705 -0.012
202006 -0.190 127.000 -0.229
202009 -0.140 130.118 -0.165
202012 -0.050 130.889 -0.059
202103 0.380 131.771 0.442
202106 -0.180 134.084 -0.206
202109 -0.100 135.847 -0.113
202112 -0.170 138.161 -0.189
202203 0.073 138.822 0.081
202206 -0.210 142.347 -0.226
202209 0.060 144.661 0.064
202212 0.120 145.763 0.126
202303 -0.458 146.865 -0.478
202306 -0.360 150.280 -0.367
202309 -0.120 151.492 -0.121
202312 -0.040 153.255 -0.040

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.


Prashant India  (BOM:519014) 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.


Prashant India Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Prashant India's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Prashant India (BOM:519014) Business Description

Traded in Other Exchanges
N/A
Address
Palsana Char Rasta, National Highway No. 8, Block Number 456, Palsana, Surat, GJ, IND, 394 315
Prashant India Ltd is an India-based company. It carries on the business as a manufacturer, seller, and exporter of Agro Products, Textiles, and Wind Power Generation. The company's operating segment includes Textile and Wind Farm. It generates maximum revenue from the textile segment.

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