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Power Grid Of India (BOM:532898) Shiller PE Ratio : 10.93 (As of May. 08, 2024)


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What is Power Grid Of India Shiller PE Ratio?

As of today (2024-05-08), Power Grid Of India's current share price is ₹295.25. Power Grid Of India's E10 for the quarter that ended in Dec. 2023 was ₹27.01. Power Grid Of India's Shiller PE Ratio for today is 10.93.

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

BOM:532898' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.73   Med: 6.74   Max: 11.5
Current: 11.5

During the past years, Power Grid Of India's highest Shiller PE Ratio was 11.50. The lowest was 5.73. And the median was 6.74.

BOM:532898's Shiller PE Ratio is ranked better than
69.15% of 389 companies
in the Utilities - Regulated industry
Industry Median: 15.97 vs BOM:532898: 11.50

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.

Power Grid Of India's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹4.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹27.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Grid Of India Shiller PE Ratio Historical Data

The historical data trend for Power Grid Of 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.

Power Grid Of India Shiller PE Ratio Chart

Power Grid Of 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 - - - - 6.22

Power Grid Of 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 5.89 6.22 6.95 7.32 8.78

Competitive Comparison of Power Grid Of India's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Power Grid Of 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.


Power Grid Of India's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's Shiller PE Ratio distribution charts can be found below:

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



Power Grid Of 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.

Power Grid Of India's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=295.25/27.01
=10.93

* 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.

Power Grid Of India's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Power Grid Of 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)
=4.33/153.2548*153.2548
=4.330

Current CPI (Dec. 2023) = 153.2548.

Power Grid Of India Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200706 0.666 49.729 2.052
200803 3.601 52.407 10.531
200806 0.409 53.554 1.170
200809 0.529 55.850 1.452
200903 4.020 56.615 10.882
200906 0.731 58.527 1.914
200909 0.613 62.353 1.507
201003 4.850 65.030 11.430
201006 0.939 66.560 2.162
201103 6.130 70.768 13.275
201203 7.140 76.889 14.231
201303 9.320 85.687 16.669
201403 9.470 91.425 15.874
201503 9.650 97.163 15.221
201603 11.390 102.518 17.027
201703 14.240 105.196 20.746
201803 15.680 109.786 21.888
201806 2.447 111.317 3.369
201809 2.526 115.142 3.362
201812 2.526 115.142 3.362
201903 3.291 118.202 4.267
201906 2.689 120.880 3.409
201909 2.768 123.175 3.444
201912 2.874 126.235 3.489
202003 3.561 124.705 4.376
202006 1.654 127.000 1.996
202009 3.323 130.118 3.914
202012 3.623 130.889 4.242
202103 3.795 131.771 4.414
202106 4.838 134.084 5.530
202109 3.630 135.847 4.095
202112 3.540 138.161 3.927
202203 4.470 138.822 4.935
202206 4.088 142.347 4.401
202209 3.920 144.661 4.153
202212 3.920 145.763 4.121
202303 4.645 146.865 4.847
202306 3.870 150.280 3.947
202309 4.060 151.492 4.107
202312 4.330 153.255 4.330

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.


Power Grid Of India  (BOM:532898) 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.


Power Grid Of India Shiller PE Ratio Related Terms

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Power Grid Of India (BOM:532898) Business Description

Traded in Other Exchanges
Address
Saudamini, Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001
Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages firm's nationwide transmission infrastructure and operates as a neutral carrier in the point to point Bandwidth Leasing Business. The company is also involved in Consultancy business in which it provides in-house expertise in the Transmission, Distribution and Telecom sectors, including planning design, engineering, load dispatch, procurement management, financing, and other. Geographically all the activities are carried out in India.

Power Grid Of India (BOM:532898) Headlines

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