GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » DLF Ltd (BOM:532868) » Definitions » Shiller PE Ratio

DLF (BOM:532868) Shiller PE Ratio : 103.08 (As of May. 09, 2024)


View and export this data going back to 2007. Start your Free Trial

What is DLF Shiller PE Ratio?

As of today (2024-05-09), DLF's current share price is ₹852.45. DLF's E10 for the quarter that ended in Dec. 2023 was ₹8.27. DLF's Shiller PE Ratio for today is 103.08.

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

BOM:532868' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.8   Med: 50.34   Max: 111.27
Current: 106.15

During the past years, DLF's highest Shiller PE Ratio was 111.27. The lowest was 4.80. And the median was 50.34.

BOM:532868's Shiller PE Ratio is ranked worse than
95.27% of 1079 companies
in the Real Estate industry
Industry Median: 11.02 vs BOM:532868: 106.15

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.

DLF's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹2.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹8.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DLF Shiller PE Ratio Historical Data

The historical data trend for DLF'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.

DLF Shiller PE Ratio Chart

DLF 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 - 5.14 27.35 53.45 46.89

DLF 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 51.23 46.89 62.67 65.96 87.84

Competitive Comparison of DLF's Shiller PE Ratio

For the Real Estate - Development subindustry, DLF'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.


DLF's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DLF's Shiller PE Ratio distribution charts can be found below:

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



DLF 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.

DLF's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=852.45/8.27
=103.08

* 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.

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

For example, DLF'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)
=2.65/153.2548*153.2548
=2.650

Current CPI (Dec. 2023) = 153.2548.

DLF Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.230 91.425 2.062
201406 0.720 94.103 1.173
201409 0.610 96.780 0.966
201412 0.740 96.780 1.172
201503 0.960 97.163 1.514
201506 0.700 99.841 1.074
201509 1.170 101.753 1.762
201512 0.980 102.901 1.460
201603 -1.010 102.518 -1.510
201606 1.460 105.961 2.112
201609 1.120 105.961 1.620
201612 0.550 105.196 0.801
201703 0.760 105.196 1.107
201706 0.620 107.109 0.887
201709 0.080 109.021 0.112
201712 22.760 109.404 31.883
201803 1.130 109.786 1.577
201806 0.790 111.317 1.088
201809 1.700 115.142 2.263
201812 1.520 115.142 2.023
201903 1.990 118.202 2.580
201906 1.740 120.880 2.206
201909 1.800 123.175 2.240
201912 1.670 126.235 2.027
202003 -7.710 124.705 -9.475
202006 -0.290 127.000 -0.350
202009 0.940 130.118 1.107
202012 1.820 130.889 2.131
202103 1.940 131.771 2.256
202106 1.360 134.084 1.554
202109 1.530 135.847 1.726
202112 1.530 138.161 1.697
202203 1.630 138.822 1.799
202206 1.900 142.347 2.046
202209 1.930 144.661 2.045
202212 2.100 145.763 2.208
202303 2.300 146.865 2.400
202306 2.130 150.280 2.172
202309 2.520 151.492 2.549
202312 2.650 153.255 2.650

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.


DLF  (BOM:532868) 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.


DLF Shiller PE Ratio Related Terms

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


DLF (BOM:532868) Business Description

Traded in Other Exchanges
Address
DLF Gateway Tower, R Block, DLF City, Phase - III, Gurugram, HR, IND, 122 002
DLF Ltd is a general real estate company. The company's development business primarily focuses on developing and selling residential real estate. This includes plotted developments, houses, villas, and apartments of varying sizes and integrated townships, with a focus on high-end, luxury residential developments. DLF's business also consists of commercial and shopping complexes. The company considers merger and acquisition investment as a potential component of its operational growth strategy.

DLF (BOM:532868) Headlines

No Headlines