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Manaksia Aluminium Co (BOM:539045) Shiller PE Ratio : 88.00 (As of Jun. 04, 2024)


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What is Manaksia Aluminium Co Shiller PE Ratio?

As of today (2024-06-04), Manaksia Aluminium Co's current share price is ₹25.52. Manaksia Aluminium Co's E10 for the quarter that ended in Mar. 2024 was ₹0.29. Manaksia Aluminium Co's Shiller PE Ratio for today is 88.00.

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

BOM:539045' s Shiller PE Ratio Range Over the Past 10 Years
Min: 81.03   Med: 92.24   Max: 101.69
Current: 93.55

During the past years, Manaksia Aluminium Co's highest Shiller PE Ratio was 101.69. The lowest was 81.03. And the median was 92.24.

BOM:539045's Shiller PE Ratio is ranked worse than
91.25% of 377 companies
in the Metals & Mining industry
Industry Median: 21.61 vs BOM:539045: 93.55

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.

Manaksia Aluminium Co's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manaksia Aluminium Co Shiller PE Ratio Historical Data

The historical data trend for Manaksia Aluminium Co'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.

Manaksia Aluminium Co Shiller PE Ratio Chart

Manaksia Aluminium Co 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 - - - - 88.39

Manaksia Aluminium Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - 88.39

Competitive Comparison of Manaksia Aluminium Co's Shiller PE Ratio

For the Aluminum subindustry, Manaksia Aluminium Co'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.


Manaksia Aluminium Co's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Manaksia Aluminium Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Manaksia Aluminium Co's Shiller PE Ratio falls into.



Manaksia Aluminium Co 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.

Manaksia Aluminium Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.52/0.29
=88.00

* 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.

Manaksia Aluminium Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Manaksia Aluminium Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.24/153.0345*153.0345
=0.240

Current CPI (Mar. 2024) = 153.0345.

Manaksia Aluminium Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.680 91.425 1.138
201406 0.010 94.103 0.016
201409 0.010 96.780 0.016
201412 -0.550 96.780 -0.870
201503 -0.420 97.163 -0.662
201506 0.170 99.841 0.261
201509 -0.260 101.753 -0.391
201512 -0.210 102.901 -0.312
201603 -0.460 102.518 -0.687
201606 -0.330 105.961 -0.477
201609 -0.310 105.961 -0.448
201612 -0.260 105.196 -0.378
201703 0.090 105.196 0.131
201706 0.110 107.109 0.157
201709 0.130 109.021 0.182
201712 0.040 109.404 0.056
201803 -0.090 109.786 -0.125
201806 0.070 111.317 0.096
201809 0.440 115.142 0.585
201812 0.310 115.142 0.412
201903 0.300 118.202 0.388
201906 0.080 120.880 0.101
201909 0.200 123.175 0.248
201912 0.220 126.235 0.267
202003 0.400 124.705 0.491
202006 -1.340 127.000 -1.615
202009 0.120 130.118 0.141
202012 0.340 130.889 0.398
202103 0.410 131.771 0.476
202106 0.220 134.084 0.251
202109 0.260 135.847 0.293
202112 0.380 138.161 0.421
202203 0.280 138.822 0.309
202206 0.320 142.347 0.344
202209 0.310 144.661 0.328
202212 0.190 145.763 0.199
202303 0.530 146.865 0.552
202309 0.180 151.492 0.182
202312 0.190 152.924 0.190
202403 0.240 153.035 0.240

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.


Manaksia Aluminium Co  (BOM:539045) 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.


Manaksia Aluminium Co Shiller PE Ratio Related Terms

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Manaksia Aluminium Co (BOM:539045) Business Description

Traded in Other Exchanges
Address
8/1 Lal Bazar Street, Bikaner Building, 3rd Floor, Kolkata, WB, IND, 700 001
Manaksia Aluminium Co Ltd is an Indian company engaged in manufacturing Aluminium rolled products and Aluminium alloy ingots. The products offered by the firm are Aluminium Coils, Aluminium Plain Sheets, Aluminium Roofing Sheets, Aluminium Color Coated Coils, Aluminium Flooring Sheets and Embossed Coils. The company has operations in India as well as overseas. It generates a vast majority of the revenue from the sale of products in the overseas market.

Manaksia Aluminium Co (BOM:539045) Headlines

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