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HPL Electric & Power (NSE:HPL) Shiller PE Ratio : 72.98 (As of Jun. 08, 2024)


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What is HPL Electric & Power Shiller PE Ratio?

As of today (2024-06-08), HPL Electric & Power's current share price is ₹450.30. HPL Electric & Power's E10 for the fiscal year that ended in Mar24 was ₹6.17. HPL Electric & Power's Shiller PE Ratio for today is 72.98.

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

NSE:HPL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 52.91   Med: 63.13   Max: 68.78
Current: 63.17

During the past 10 years, HPL Electric & Power's highest Shiller PE Ratio was 68.78. The lowest was 52.91. And the median was 63.13.

NSE:HPL's Shiller PE Ratio is ranked worse than
83.98% of 1766 companies
in the Industrial Products industry
Industry Median: 24.8 vs NSE:HPL: 63.17

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.

HPL Electric & Power's adjusted earnings per share data of for the fiscal year that ended in Mar24 was ₹6.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹6.17 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


HPL Electric & Power Shiller PE Ratio Historical Data

The historical data trend for HPL Electric & Power'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.

HPL Electric & Power Shiller PE Ratio Chart

HPL Electric & Power 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 - - - - 51.33

HPL Electric & Power Quarterly Data
Jun19 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 - - - - 51.33

Competitive Comparison of HPL Electric & Power's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, HPL Electric & Power'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.


HPL Electric & Power's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HPL Electric & Power's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where HPL Electric & Power's Shiller PE Ratio falls into.



HPL Electric & Power 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.

HPL Electric & Power's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=450.30/6.17
=72.98

* 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.

HPL Electric & Power's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, HPL Electric & Power'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)
=6.78/153.0345*153.0345
=6.780

Current CPI (Mar24) = 153.0345.

HPL Electric & Power Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 7.400 97.163 11.655
201603 7.890 102.518 11.778
201703 4.650 105.196 6.765
201803 4.270 109.786 5.952
201903 5.060 118.202 6.551
202003 3.390 124.705 4.160
202103 1.550 131.771 1.800
202203 1.210 138.822 1.334
202303 4.690 146.865 4.887
202403 6.780 153.035 6.780

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.


HPL Electric & Power  (NSE:HPL) 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.


HPL Electric & Power Shiller PE Ratio Related Terms

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HPL Electric & Power (NSE:HPL) Business Description

Traded in Other Exchanges
Address
Windsor Business Park, B-1D, Sector-10, Noida, UP, IND, 201 301
HPL Electric & Power Ltd is an Indian company engaged in manufacturing electric equipment across the key verticals: Metering, Switchgear, Lighting and Electronics, and Cables. It derives key revenue from the Metering division. The product portfolio includes digital panel meters, smart Meter, Net Meter for Solar Roof Top, Prepaid Metering Solutions, Ebrit Digital Panel Meter ,cordless chimes, Trivector Meter. Geographically, majority of its revenue is generated in India.

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