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Sovereign Diamonds (BOM:523826) Shiller PE Ratio : 16.11 (As of May. 25, 2024)


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What is Sovereign Diamonds Shiller PE Ratio?

As of today (2024-05-25), Sovereign Diamonds's current share price is ₹29.65. Sovereign Diamonds's E10 for the quarter that ended in Dec. 2023 was ₹1.84. Sovereign Diamonds's Shiller PE Ratio for today is 16.11.

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

BOM:523826' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.89   Med: 10.07   Max: 18.67
Current: 16.29

During the past years, Sovereign Diamonds's highest Shiller PE Ratio was 18.67. The lowest was 3.89. And the median was 10.07.

BOM:523826's Shiller PE Ratio is ranked better than
52.49% of 562 companies
in the Retail - Cyclical industry
Industry Median: 17.31 vs BOM:523826: 16.29

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.

Sovereign Diamonds's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹1.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sovereign Diamonds Shiller PE Ratio Historical Data

The historical data trend for Sovereign Diamonds'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.

Sovereign Diamonds Shiller PE Ratio Chart

Sovereign Diamonds 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 - - 4.11 8.35 12.59

Sovereign Diamonds 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 11.25 12.59 12.85 12.27 13.07

Competitive Comparison of Sovereign Diamonds's Shiller PE Ratio

For the Luxury Goods subindustry, Sovereign Diamonds'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.


Sovereign Diamonds's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sovereign Diamonds's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sovereign Diamonds's Shiller PE Ratio falls into.



Sovereign Diamonds 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.

Sovereign Diamonds's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=29.65/1.84
=16.11

* 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.

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

For example, Sovereign Diamonds'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)
=0.78/152.9243*152.9243
=0.780

Current CPI (Dec. 2023) = 152.9243.

Sovereign Diamonds Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.686 91.425 1.147
201406 0.620 94.103 1.008
201409 0.600 96.780 0.948
201412 0.850 96.780 1.343
201503 1.155 97.163 1.818
201506 0.690 99.841 1.057
201509 0.600 101.753 0.902
201512 -0.019 102.901 -0.028
201603 0.826 102.518 1.232
201606 0.360 105.961 0.520
201609 0.800 105.961 1.155
201612 -0.120 105.196 -0.174
201703 0.700 105.196 1.018
201706 0.330 107.109 0.471
201709 0.630 109.021 0.884
201712 0.370 109.404 0.517
201803 0.030 109.786 0.042
201806 0.130 111.317 0.179
201809 0.090 115.142 0.120
201812 0.370 115.142 0.491
201903 -0.100 118.202 -0.129
201906 -0.490 120.880 -0.620
201909 -1.500 123.175 -1.862
201912 0.540 126.235 0.654
202003 1.520 124.705 1.864
202006 -0.730 127.000 -0.879
202009 -1.770 130.118 -2.080
202012 -0.540 130.889 -0.631
202103 0.460 131.771 0.534
202106 -0.970 134.084 -1.106
202109 1.200 135.847 1.351
202112 1.610 138.161 1.782
202203 0.380 138.822 0.419
202206 0.900 142.347 0.967
202209 0.470 144.661 0.497
202212 0.410 145.763 0.430
202303 0.660 146.865 0.687
202306 0.530 150.280 0.539
202309 0.510 151.492 0.515
202312 0.780 152.924 0.780

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.


Sovereign Diamonds  (BOM:523826) 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.


Sovereign Diamonds Shiller PE Ratio Related Terms

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


Sovereign Diamonds (BOM:523826) Business Description

Traded in Other Exchanges
N/A
Address
Mahakali Caves Road, Mahal Industrial Estate, 11-A,Sovereign House, Andheri East, Mumbai, MH, IND, 400093
Sovereign Diamonds Ltd is a manufacturer and supplier of diamond jewelry. The company supplies its products to retail brands and retail chains. It has only one operating segment Jewellery Manufacturing.

Sovereign Diamonds (BOM:523826) Headlines

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