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Multi Commodity Exchange of India (NSE:MCX) Shiller PE Ratio : 44.92 (As of May. 21, 2024)


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What is Multi Commodity Exchange of India Shiller PE Ratio?

As of today (2024-05-21), Multi Commodity Exchange of India's current share price is ₹4024.70. Multi Commodity Exchange of India's E10 for the quarter that ended in Mar. 2024 was ₹89.60. Multi Commodity Exchange of India's Shiller PE Ratio for today is 44.92.

The historical rank and industry rank for Multi Commodity Exchange of India's Shiller PE Ratio or its related term are showing as below:

NSE:MCX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.36   Med: 39.79   Max: 46.45
Current: 44.92

During the past years, Multi Commodity Exchange of India's highest Shiller PE Ratio was 46.45. The lowest was 33.36. And the median was 39.79.

NSE:MCX's Shiller PE Ratio is ranked worse than
78.32% of 475 companies
in the Capital Markets industry
Industry Median: 20.01 vs NSE:MCX: 44.92

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.

Multi Commodity Exchange of India's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹17.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹89.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Multi Commodity Exchange of India Shiller PE Ratio Historical Data

The historical data trend for Multi Commodity Exchange of India'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.

Multi Commodity Exchange of India Shiller PE Ratio Chart

Multi Commodity Exchange of India 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 - - - - 37.39

Multi Commodity Exchange of India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - 34.96 37.39

Competitive Comparison of Multi Commodity Exchange of India's Shiller PE Ratio

For the Financial Data & Stock Exchanges subindustry, Multi Commodity Exchange of India'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.


Multi Commodity Exchange of India's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Multi Commodity Exchange of India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Multi Commodity Exchange of India's Shiller PE Ratio falls into.



Multi Commodity Exchange of India 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.

Multi Commodity Exchange of India's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4024.70/89.6
=44.92

* 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.

Multi Commodity Exchange of India's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Multi Commodity Exchange of India's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=17.23/153.0345*153.0345
=17.230

Current CPI (Mar. 2024) = 153.0345.

Multi Commodity Exchange of India Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200803 13.350 52.407 38.984
200903 19.540 56.615 52.818
201003 43.330 65.030 101.968
201103 33.990 70.768 73.503
201203 56.220 76.889 111.897
201303 58.860 85.687 105.122
201403 30.200 91.425 50.551
201503 24.770 97.163 39.013
201603 22.550 102.518 33.662
201606 6.470 105.961 9.344
201609 7.440 105.961 10.745
201612 6.690 105.196 9.732
201703 4.280 105.196 6.226
201706 5.170 107.109 7.387
201709 5.730 109.021 8.043
201712 3.690 109.404 5.162
201803 6.710 109.786 9.353
201806 1.440 111.317 1.980
201809 7.060 115.142 9.383
201812 8.260 115.142 10.978
201903 11.990 118.202 15.523
201906 8.590 120.880 10.875
201909 14.110 123.175 17.530
201912 10.920 126.235 13.238
202003 12.870 124.705 15.794
202006 11.090 127.000 13.363
202009 11.500 130.118 13.525
202012 14.100 130.889 16.486
202103 7.560 131.771 8.780
202106 7.820 134.084 8.925
202109 6.420 135.847 7.232
202112 6.770 138.161 7.499
202203 7.180 138.822 7.915
202206 8.140 142.347 8.751
202209 12.430 144.661 13.149
202212 7.620 145.763 8.000
202303 1.070 146.865 1.115
202309 -3.740 151.492 -3.778
202312 -1.050 152.924 -1.051
202403 17.230 153.035 17.230

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.


Multi Commodity Exchange of India  (NSE:MCX) 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.


Multi Commodity Exchange of India Shiller PE Ratio Related Terms

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Multi Commodity Exchange of India (NSE:MCX) Business Description

Traded in Other Exchanges
Address
Suren Road, Exchange Square, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments, and other miscellaneous income.

Multi Commodity Exchange of India (NSE:MCX) Headlines

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