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Tata Motors (NSE:TATAMOTORS) Shiller PE Ratio : 62.14 (As of May. 21, 2024)


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What is Tata Motors Shiller PE Ratio?

As of today (2024-05-21), Tata Motors's current share price is ₹945.70. Tata Motors's E10 for the quarter that ended in Mar. 2024 was ₹15.22. Tata Motors's Shiller PE Ratio for today is 62.14.

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

NSE:TATAMOTORS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.46   Med: 53.12   Max: 93.55
Current: 62.15

During the past years, Tata Motors's highest Shiller PE Ratio was 93.55. The lowest was 25.46. And the median was 53.12.

NSE:TATAMOTORS's Shiller PE Ratio is ranked worse than
86.85% of 829 companies
in the Vehicles & Parts industry
Industry Median: 17.82 vs NSE:TATAMOTORS: 62.15

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.

Tata Motors's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹45.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹15.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tata Motors Shiller PE Ratio Historical Data

The historical data trend for Tata Motors'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.

Tata Motors Shiller PE Ratio Chart

Tata Motors 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 - - 38.75 46.27 65.25

Tata Motors Quarterly Data
Dec13 Mar14 Dec14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Sep21 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 46.27 62.27 64.48 70.18 65.25

Competitive Comparison of Tata Motors's Shiller PE Ratio

For the Auto Manufacturers subindustry, Tata Motors'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.


Tata Motors's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tata Motors's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tata Motors's Shiller PE Ratio falls into.



Tata Motors 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.

Tata Motors's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=945.70/15.22
=62.14

* 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.

Tata Motors's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Tata Motors'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)
=45.34/153.0345*153.0345
=45.340

Current CPI (Mar. 2024) = 153.0345.

Tata Motors Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200512 1.941 45.604 6.513
200603 1.591 45.521 5.349
200606 2.178 47.051 7.084
200609 2.167 47.816 6.935
200612 2.180 48.581 6.867
200703 2.106 48.581 6.634
200706 1.779 49.729 5.475
200709 1.770 50.877 5.324
200712 1.772 51.259 5.290
200803 4.636 52.407 13.538
200903 -27.010 56.615 -73.011
200912 2.175 64.648 5.149
201003 12.959 65.030 30.496
201006 6.356 66.560 14.614
201009 7.090 68.473 15.846
201012 7.274 70.768 15.730
201103 1.912 70.768 4.135
201112 10.131 75.359 20.574
201203 12.832 76.889 25.540
201303 27.208 85.687 48.593
201312 0.000 91.425 0.000
201403 12.794 91.425 21.416
201412 0.000 96.780 0.000
201503 4.870 97.163 7.670
201603 28.400 102.518 42.394
201703 17.200 105.196 25.022
201803 19.100 109.786 26.624
201903 -86.300 118.202 -111.731
202003 -32.900 124.705 -40.374
202103 -39.200 131.771 -45.526
202109 -11.600 135.847 -13.068
202203 -29.880 138.822 -32.939
202206 -13.070 142.347 -14.051
202209 -2.470 144.661 -2.613
202212 7.810 145.763 8.200
202303 14.110 146.865 14.703
202306 8.340 150.280 8.493
202309 9.800 151.492 9.900
202312 18.400 152.924 18.413
202403 45.340 153.035 45.340

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.


Tata Motors  (NSE:TATAMOTORS) 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.


Tata Motors Shiller PE Ratio Related Terms

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Tata Motors (NSE:TATAMOTORS) Business Description

Traded in Other Exchanges
Address
24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001
Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.

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