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Action Construction Equipment (BOM:532762) Shiller PE Ratio : 175.25 (As of May. 24, 2024)


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What is Action Construction Equipment Shiller PE Ratio?

As of today (2024-05-24), Action Construction Equipment's current share price is ₹1452.80. Action Construction Equipment's E10 for the fiscal year that ended in Mar24 was ₹8.29. Action Construction Equipment's Shiller PE Ratio for today is 175.25.

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

BOM:532762' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.13   Med: 49.06   Max: 181.01
Current: 181.01

During the past 13 years, Action Construction Equipment's highest Shiller PE Ratio was 181.01. The lowest was 10.13. And the median was 49.06.

BOM:532762's Shiller PE Ratio is ranked worse than
97.06% of 136 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 22.075 vs BOM:532762: 181.01

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.

Action Construction Equipment's adjusted earnings per share data of for the fiscal year that ended in Mar24 was ₹27.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹8.29 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Action Construction Equipment Shiller PE Ratio Historical Data

The historical data trend for Action Construction Equipment'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.

Action Construction Equipment Shiller PE Ratio Chart

Action Construction Equipment 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 10.96 47.68 63.13 75.89 172.05

Action Construction Equipment 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 75.89 - - - 172.05

Competitive Comparison of Action Construction Equipment's Shiller PE Ratio

For the Farm & Heavy Construction Machinery subindustry, Action Construction Equipment'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.


Action Construction Equipment's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Action Construction Equipment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Action Construction Equipment's Shiller PE Ratio falls into.



Action Construction Equipment 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.

Action Construction Equipment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1452.80/8.29
=175.25

* 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.

Action Construction Equipment's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Action Construction Equipment's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=27.56/153.0345*153.0345
=27.560

Current CPI (Mar24) = 153.0345.

Action Construction Equipment Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.670 97.163 1.055
201603 0.840 102.518 1.254
201703 1.310 105.196 1.906
201803 4.440 109.786 6.189
201903 4.780 118.202 6.189
202003 4.570 124.705 5.608
202103 7.030 131.771 8.164
202203 9.020 138.822 9.943
202303 14.410 146.865 15.015
202403 27.560 153.035 27.560

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.


Action Construction Equipment  (BOM:532762) 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.


Action Construction Equipment Shiller PE Ratio Related Terms

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Action Construction Equipment (BOM:532762) Business Description

Traded in Other Exchanges
Address
Dudhola Link Road, Dudhala District, Palwal, HR, IND, 121102
Action Construction Equipment Ltd is engaged in manufacturing material handling and construction equipment. The company operates in four business segments that are Cranes, Construction Equipment, Material Handling, and Agri Equipment. The product portfolio of the company consists of the mobile crane, tower crane, crawler crane, backhoe and ladder, road equipment, and the forklift truck. Most of the firm's revenue gets derived from the Cranes segment.

Action Construction Equipment (BOM:532762) Headlines

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