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Techno Electric & Engineering Co (BOM:542141) Shiller PE Ratio : 52.63 (As of May. 20, 2024)


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What is Techno Electric & Engineering Co Shiller PE Ratio?

As of today (2024-05-20), Techno Electric & Engineering Co's current share price is ₹1115.15. Techno Electric & Engineering Co's E10 for the quarter that ended in Dec. 2023 was ₹21.19. Techno Electric & Engineering Co's Shiller PE Ratio for today is 52.63.

The historical rank and industry rank for Techno Electric & Engineering Co's Shiller PE Ratio or its related term are showing as below:

BOM:542141' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.54   Med: 17.89   Max: 52.62
Current: 52.62

During the past years, Techno Electric & Engineering Co's highest Shiller PE Ratio was 52.62. The lowest was 10.54. And the median was 17.89.

BOM:542141's Shiller PE Ratio is ranked worse than
88.91% of 992 companies
in the Construction industry
Industry Median: 15.825 vs BOM:542141: 52.62

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.

Techno Electric & Engineering Co's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹8.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹21.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Techno Electric & Engineering Co Shiller PE Ratio Historical Data

The historical data trend for Techno Electric & Engineering 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.

Techno Electric & Engineering Co Shiller PE Ratio Chart

Techno Electric & Engineering Co 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 - - - 13.13 16.81

Techno Electric & Engineering Co 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 17.44 16.81 17.89 24.45 37.72

Competitive Comparison of Techno Electric & Engineering Co's Shiller PE Ratio

For the Engineering & Construction subindustry, Techno Electric & Engineering 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.


Techno Electric & Engineering Co's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Techno Electric & Engineering Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Techno Electric & Engineering Co's Shiller PE Ratio falls into.



Techno Electric & Engineering 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.

Techno Electric & Engineering Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1115.15/21.19
=52.63

* 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.

Techno Electric & Engineering Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Techno Electric & Engineering Co'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)
=8.53/152.9243*152.9243
=8.530

Current CPI (Dec. 2023) = 152.9243.

Techno Electric & Engineering Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -1.075 91.425 -1.798
201406 2.045 94.103 3.323
201409 4.095 96.780 6.471
201412 1.080 96.780 1.707
201503 1.990 97.163 3.132
201506 3.305 99.841 5.062
201509 3.900 101.753 5.861
201512 2.590 102.901 3.849
201603 0.690 102.518 1.029
201606 4.210 105.961 6.076
201609 6.170 105.961 8.905
201612 3.580 105.196 5.204
201703 2.950 105.196 4.288
201706 6.150 107.109 8.781
201709 5.350 109.021 7.504
201712 3.860 109.404 5.395
201803 2.860 109.786 3.984
201806 5.980 111.317 8.215
201809 5.638 115.142 7.488
201812 2.870 115.142 3.812
201903 2.670 118.202 3.454
201906 4.820 120.880 6.098
201909 8.370 123.175 10.392
201912 7.300 126.235 8.843
202003 0.329 124.705 0.403
202006 3.280 127.000 3.950
202009 7.300 130.118 8.580
202012 5.090 130.889 5.947
202103 0.860 131.771 0.998
202106 4.280 134.084 4.881
202109 5.900 135.847 6.642
202112 10.440 138.161 11.556
202203 2.710 138.822 2.985
202206 3.230 142.347 3.470
202209 5.350 144.661 5.656
202212 2.880 145.763 3.021
202303 8.586 146.865 8.940
202306 2.350 150.280 2.391
202309 6.850 151.492 6.915
202312 8.530 152.924 8.530

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.


Techno Electric & Engineering Co  (BOM:542141) 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.


Techno Electric & Engineering Co Shiller PE Ratio Related Terms

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Techno Electric & Engineering Co (BOM:542141) Business Description

Traded in Other Exchanges
Address
71 Park Street, South Block, 1B and C Park Plaza, Kolkata, WB, IND, 700016
Techno Electric & Engineering Co Ltd provides engineering, procurement, and construction services to the power sector including generation, transmission, and distribution. Its segments construction, and others. The engineering, procurement and construction business provides solutions to several installed thermal and interregional transmission capacity in India. The company's source of revenue generation is by providing EPC services to the Transmission and Distribution Sector. It is also engaged in generation of wind power through Wind Turbine Generators in the states of Tamil Nadu & Karnataka.

Techno Electric & Engineering Co (BOM:542141) Headlines

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