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Gujarat Gas (BOM:539336) Shiller PE Ratio : 35.81 (As of May. 13, 2024)


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What is Gujarat Gas Shiller PE Ratio?

As of today (2024-05-13), Gujarat Gas's current share price is ₹530.30. Gujarat Gas's E10 for the quarter that ended in Dec. 2023 was ₹14.81. Gujarat Gas's Shiller PE Ratio for today is 35.81.

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

BOM:539336' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.91   Med: 33.16   Max: 51.44
Current: 35.8

During the past years, Gujarat Gas's highest Shiller PE Ratio was 51.44. The lowest was 27.91. And the median was 33.16.

BOM:539336's Shiller PE Ratio is ranked worse than
87.69% of 390 companies
in the Utilities - Regulated industry
Industry Median: 16.16 vs BOM:539336: 35.80

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.

Gujarat Gas's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹3.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹14.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gujarat Gas Shiller PE Ratio Historical Data

The historical data trend for Gujarat Gas'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.

Gujarat Gas Shiller PE Ratio Chart

Gujarat Gas Annual Data
Trend Dec13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 35.86 30.96

Gujarat Gas 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 32.73 30.96 31.24 29.01 31.14

Competitive Comparison of Gujarat Gas's Shiller PE Ratio

For the Utilities - Regulated Gas subindustry, Gujarat Gas'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.


Gujarat Gas's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat Gas's Shiller PE Ratio distribution charts can be found below:

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



Gujarat Gas 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.

Gujarat Gas's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=530.30/14.81
=35.81

* 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.

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

For example, Gujarat Gas'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)
=3.21/153.2548*153.2548
=3.210

Current CPI (Dec. 2023) = 153.2548.

Gujarat Gas Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201112 0.380 75.359 0.773
201203 1.008 76.889 2.009
201206 0.812 79.567 1.564
201209 1.552 82.244 2.892
201212 1.094 83.774 2.001
201303 0.924 85.687 1.653
201306 1.566 88.365 2.716
201309 1.858 91.042 3.128
201312 1.414 91.425 2.370
201406 1.512 94.103 2.462
201409 1.204 96.780 1.907
201503 0.978 97.163 1.543
201506 0.754 99.841 1.157
201509 0.330 101.753 0.497
201603 2.760 102.518 4.126
201703 3.204 105.196 4.668
201803 4.250 109.786 5.933
201806 1.770 111.317 2.437
201809 0.600 115.142 0.799
201812 2.020 115.142 2.689
201903 1.700 118.202 2.204
201906 3.400 120.880 4.311
201909 7.510 123.175 9.344
201912 2.870 126.235 3.484
202003 3.630 124.705 4.461
202006 0.860 127.000 1.038
202009 6.910 130.118 8.139
202012 5.680 130.889 6.651
202103 5.060 131.771 5.885
202106 6.920 134.084 7.909
202109 3.570 135.847 4.027
202112 1.790 138.161 1.986
202203 6.450 138.822 7.121
202206 5.550 142.347 5.975
202209 5.870 144.661 6.219
202212 5.400 145.763 5.678
202303 5.380 146.865 5.614
202306 3.140 150.280 3.202
202309 4.300 151.492 4.350
202312 3.210 153.255 3.210

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.


Gujarat Gas  (BOM:539336) 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.


Gujarat Gas Shiller PE Ratio Related Terms

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


Gujarat Gas (BOM:539336) Business Description

Traded in Other Exchanges
Address
2, Shanti Sadan Society, Near Parimal Garden, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Gujarat Gas Ltd is an India based gas distribution company. Its activities include sale, purchase, supply, distribution, transport, trading in Natural Gas, Compressed natural gas, Liquefied natural gas, Liquefied petroleum gas and other gaseous forms. The company transports the gas through pipelines, trucks, trains or other suitable mode for transportation. It operates in the segment of the natural gas business. All the business activities of the company are carried out in India.

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