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Timken India (BOM:522113) Shiller PE Ratio : 104.85 (As of May. 11, 2024)


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What is Timken India Shiller PE Ratio?

As of today (2024-05-11), Timken India's current share price is ₹3402.30. Timken India's E10 for the quarter that ended in Mar. 2024 was ₹32.45. Timken India's Shiller PE Ratio for today is 104.85.

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

BOM:522113' s Shiller PE Ratio Range Over the Past 10 Years
Min: 49.86   Med: 101.3   Max: 142.75
Current: 104.86

During the past years, Timken India's highest Shiller PE Ratio was 142.75. The lowest was 49.86. And the median was 101.30.

BOM:522113's Shiller PE Ratio is ranked worse than
91.98% of 1746 companies
in the Industrial Products industry
Industry Median: 26.005 vs BOM:522113: 104.86

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.

Timken India's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹18.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹32.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Timken India Shiller PE Ratio Historical Data

The historical data trend for Timken 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.

Timken India Shiller PE Ratio Chart

Timken India 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 - 51.39 89.90 102.40 87.98

Timken India 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 102.40 119.67 103.81 105.16 87.98

Competitive Comparison of Timken India's Shiller PE Ratio

For the Tools & Accessories subindustry, Timken 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.


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

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

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



Timken 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.

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

Shiller PE Ratio=Share Price/ E10
=3402.30/32.45
=104.85

* 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.

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

For example, Timken India'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)
=18.8/153.2548*153.2548
=18.800

Current CPI (Mar. 2024) = 153.2548.

Timken India Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 3.820 94.103 6.221
201409 3.050 96.780 4.830
201412 2.470 96.780 3.911
201503 2.534 97.163 3.997
201506 3.470 99.841 5.326
201509 3.110 101.753 4.684
201512 2.960 102.901 4.408
201603 4.040 102.518 6.039
201606 4.170 105.961 6.031
201609 4.390 105.961 6.349
201612 1.950 105.196 2.841
201703 3.780 105.196 5.507
201706 3.220 107.109 4.607
201709 5.480 109.021 7.703
201712 1.350 109.404 1.891
201803 3.480 109.786 4.858
201806 4.050 111.317 5.576
201809 4.590 115.142 6.109
201812 3.510 115.142 4.672
201903 7.630 118.202 9.893
201906 6.710 120.880 8.507
201909 6.620 123.175 8.237
201912 11.240 126.235 13.646
202003 8.310 124.705 10.212
202006 0.420 127.000 0.507
202009 6.640 130.118 7.821
202012 4.940 130.889 5.784
202103 7.030 131.771 8.176
202106 7.540 134.084 8.618
202109 10.530 135.847 11.879
202112 9.280 138.161 10.294
202203 16.140 138.822 17.818
202206 15.700 142.347 16.903
202209 12.980 144.661 13.751
202212 9.390 145.763 9.873
202303 13.880 146.865 14.484
202306 11.980 150.280 12.217
202309 12.370 151.492 12.514
202312 8.980 153.255 8.980
202403 18.800 153.255 18.800

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.


Timken India  (BOM:522113) 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.


Timken India Shiller PE Ratio Related Terms

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Timken India (BOM:522113) Business Description

Traded in Other Exchanges
Address
Phase II, Hosur Road, No. 39-42, Electronic City, Bangalore, KA, IND, 560 100
Timken India Ltd is an India-based company that manufactures, distributes, and services bearings and related components. The company also provides repair and maintenance services for industrial gearboxes. The company's products, which primarily comprise engineered bearings and mechanical power transmission products, are marketed under brand names including Timken, Philadelphia Gear, Carlisle, Drives, Lovejoy, R+L, and Interlube. The company's clients come from sectors including defense, mining, metals, and civil aerospace. Timken India generates the majority of its sales from the Indian domestic market.

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