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Metal Coatings (India) (BOM:531810) Shiller PE Ratio : 22.03 (As of May. 25, 2024)


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What is Metal Coatings (India) Shiller PE Ratio?

As of today (2024-05-25), Metal Coatings (India)'s current share price is ₹85.71. Metal Coatings (India)'s E10 for the quarter that ended in Dec. 2023 was ₹3.89. Metal Coatings (India)'s Shiller PE Ratio for today is 22.03.

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

BOM:531810' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.19   Med: 15.85   Max: 27.83
Current: 22.33

During the past years, Metal Coatings (India)'s highest Shiller PE Ratio was 27.83. The lowest was 6.19. And the median was 15.85.

BOM:531810's Shiller PE Ratio is ranked worse than
64.34% of 401 companies
in the Steel industry
Industry Median: 15.79 vs BOM:531810: 22.33

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.

Metal Coatings (India)'s adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹3.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metal Coatings (India) Shiller PE Ratio Historical Data

The historical data trend for Metal Coatings (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.

Metal Coatings (India) Shiller PE Ratio Chart

Metal Coatings (India) 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 - - 6.96 11.39 21.26

Metal Coatings (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 25.98 21.26 25.80 23.79 23.96

Competitive Comparison of Metal Coatings (India)'s Shiller PE Ratio

For the Steel subindustry, Metal Coatings (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.


Metal Coatings (India)'s Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Metal Coatings (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Metal Coatings (India)'s Shiller PE Ratio falls into.



Metal Coatings (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.

Metal Coatings (India)'s Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=85.71/3.89
=22.03

* 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.

Metal Coatings (India)'s E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Metal Coatings (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)
=0.68/152.9243*152.9243
=0.680

Current CPI (Dec. 2023) = 152.9243.

Metal Coatings (India) Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.450 91.425 0.753
201406 0.410 94.103 0.666
201409 0.190 96.780 0.300
201412 0.430 96.780 0.679
201503 0.890 97.163 1.401
201506 0.300 99.841 0.460
201509 0.300 101.753 0.451
201512 0.630 102.901 0.936
201603 0.840 102.518 1.253
201606 0.430 105.961 0.621
201609 0.327 105.961 0.472
201612 0.758 105.196 1.102
201703 0.990 105.196 1.439
201706 0.226 107.109 0.323
201709 0.294 109.021 0.412
201712 0.750 109.404 1.048
201803 1.220 109.786 1.699
201806 0.760 111.317 1.044
201809 1.070 115.142 1.421
201812 0.690 115.142 0.916
201903 1.670 118.202 2.161
201906 0.760 120.880 0.961
201909 1.060 123.175 1.316
201912 1.000 126.235 1.211
202003 1.080 124.705 1.324
202006 -0.650 127.000 -0.783
202009 1.040 130.118 1.222
202012 1.590 130.889 1.858
202103 1.530 131.771 1.776
202106 1.230 134.084 1.403
202109 0.810 135.847 0.912
202112 1.390 138.161 1.539
202203 0.420 138.822 0.463
202206 1.100 142.347 1.182
202209 0.450 144.661 0.476
202212 0.570 145.763 0.598
202303 1.640 146.865 1.708
202306 0.700 150.280 0.712
202309 0.740 151.492 0.747
202312 0.680 152.924 0.680

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.


Metal Coatings (India)  (BOM:531810) 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.


Metal Coatings (India) Shiller PE Ratio Related Terms

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Metal Coatings (India) (BOM:531810) Business Description

Traded in Other Exchanges
N/A
Address
912, Hemkunt Chambers, 89, Nehru Place, New Delhi, IND, 110019
Metal Coatings (India) Ltd is an Indian based company engaged in the manufacturing and sale of steel products. Its products include cold rolled steel strips, hot rolled pickled oiled coils/strips, cold rolled flat wire strips, and galvanized wire and galvanized strips. These products are used by a wide range of user industries such as auto component, white goods and electrical equipment, and others.

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