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Max Healthcare Institute (BOM:543220) Shiller PE Ratio : 253.08 (As of May. 27, 2024)


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What is Max Healthcare Institute Shiller PE Ratio?

As of today (2024-05-27), Max Healthcare Institute's current share price is ₹789.60. Max Healthcare Institute's E10 for the fiscal year that ended in Mar24 was ₹3.12. Max Healthcare Institute's Shiller PE Ratio for today is 253.08.

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

BOM:543220' s Shiller PE Ratio Range Over the Past 10 Years
Min: 247.42   Med: 258.67   Max: 278.67
Current: 253.01

During the past 10 years, Max Healthcare Institute's highest Shiller PE Ratio was 278.67. The lowest was 247.42. And the median was 258.67.

BOM:543220's Shiller PE Ratio is ranked worse than
97.84% of 231 companies
in the Healthcare Providers & Services industry
Industry Median: 24.76 vs BOM:543220: 253.01

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.

Max Healthcare Institute's adjusted earnings per share data of for the fiscal year that ended in Mar24 was ₹10.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹3.12 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Max Healthcare Institute Shiller PE Ratio Historical Data

The historical data trend for Max Healthcare Institute'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.

Max Healthcare Institute Shiller PE Ratio Chart

Max Healthcare Institute 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 - - - - 262.88

Max Healthcare Institute Quarterly Data
Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - - 262.88

Competitive Comparison of Max Healthcare Institute's Shiller PE Ratio

For the Medical Care Facilities subindustry, Max Healthcare Institute'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.


Max Healthcare Institute's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Max Healthcare Institute's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Max Healthcare Institute's Shiller PE Ratio falls into.



Max Healthcare Institute 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.

Max Healthcare Institute's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=789.60/3.12
=253.08

* 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.

Max Healthcare Institute's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Max Healthcare Institute's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=10.84/153.0345*153.0345
=10.840

Current CPI (Mar24) = 153.0345.

Max Healthcare Institute Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.000 97.163 0.000
201603 -0.414 102.518 -0.618
201703 0.166 105.196 0.241
201803 -0.553 109.786 -0.771
201903 -0.055 118.202 -0.071
202003 1.301 124.705 1.597
202103 -1.590 131.771 -1.847
202203 6.240 138.822 6.879
202303 11.360 146.865 11.837
202403 10.840 153.035 10.840

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.


Max Healthcare Institute  (BOM:543220) 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.


Max Healthcare Institute Shiller PE Ratio Related Terms

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Max Healthcare Institute (BOM:543220) Business Description

Traded in Other Exchanges
Address
Capital Cyberscape, Sector-59, 2nd Floor, Gurugram, HR, IND, 122011
Max Healthcare Institute Ltd is a health care service provider. The company's facilities include third party healthcare providers with whom the company has entered long term service contracts for providing clinical, radiology, and pathology services. Its hospitals provide the full range of services through its Outpatient, Day Care, Emergency Room, and In-Patient departments to accommodate medical specialties as orthopedics, internal medicine, general surgery, cardiac sciences, oncology, neurosciences, and obstetrics, as well as diagnostics. The group primarily derives revenue from India.

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