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BMW Industries (BOM:542669) Shiller PE Ratio : 61.61 (As of May. 13, 2024)


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What is BMW Industries Shiller PE Ratio?

As of today (2024-05-13), BMW Industries's current share price is ₹60.38. BMW Industries's E10 for the fiscal year that ended in Mar23 was ₹0.98. BMW Industries's Shiller PE Ratio for today is 61.61.

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

BOM:542669' s Shiller PE Ratio Range Over the Past 10 Years
Min: 28.56   Med: 33.66   Max: 61.71
Current: 61.71

During the past 12 years, BMW Industries's highest Shiller PE Ratio was 61.71. The lowest was 28.56. And the median was 33.66.

BOM:542669's Shiller PE Ratio is ranked worse than
87.94% of 398 companies
in the Steel industry
Industry Median: 15.68 vs BOM:542669: 61.71

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.

BMW Industries's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹2.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.98 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BMW Industries Shiller PE Ratio Historical Data

The historical data trend for BMW Industries'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.

BMW Industries Shiller PE Ratio Chart

BMW Industries 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 - - 39.11 30.46 36.45

BMW Industries 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 - 36.45 - - -

Competitive Comparison of BMW Industries's Shiller PE Ratio

For the Steel subindustry, BMW Industries'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.


BMW Industries's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, BMW Industries's Shiller PE Ratio distribution charts can be found below:

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



BMW Industries 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.

BMW Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=60.38/0.98
=61.61

* 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.

BMW Industries's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, BMW Industries's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=2.42/146.8646*146.8646
=2.420

Current CPI (Mar23) = 146.8646.

BMW Industries Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.963 91.425 1.547
201503 1.407 97.163 2.127
201603 1.503 102.518 2.153
201703 1.500 105.196 2.094
201803 2.280 109.786 3.050
201903 1.852 118.202 2.301
202003 0.973 124.705 1.146
202103 -7.800 131.771 -8.693
202203 1.550 138.822 1.640
202303 2.420 146.865 2.420

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.


BMW Industries  (BOM:542669) 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.


BMW Industries Shiller PE Ratio Related Terms

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BMW Industries (BOM:542669) Business Description

Traded in Other Exchanges
N/A
Address
119, Park Street, White House, 3rd Floor, Kolkata, WB, IND, 700016
BMW Industries Ltd is an Indian company involved in steel manufacturing and processing activity. It manufactures two types of products, Long products such as towers, structures, and TMT, and Flat products like pipes, galvanised plain, and galvanised corrugated. The company is engaged in the galvanizing of tubes in addition to the manufacture of tubular poles/structures, transmission line towers, and rebars. Its product portfolio covers Rebars, HR sheets, slit coils, pipes, and poles, Bansal TMT, Bansal pipes, Full hard cold rolled coils, TMT rolling, and others. The company generates the majority of its revenue from the domestic market.

BMW Industries (BOM:542669) Headlines

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