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Gravita India (NSE:GRAVITA) Shiller PE Ratio : 85.42 (As of May. 25, 2024)


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What is Gravita India Shiller PE Ratio?

As of today (2024-05-25), Gravita India's current share price is ₹1076.25. Gravita India's E10 for the quarter that ended in Mar. 2024 was ₹12.60. Gravita India's Shiller PE Ratio for today is 85.42.

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

NSE:GRAVITA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.15   Med: 54.97   Max: 103.16
Current: 76.31

During the past years, Gravita India's highest Shiller PE Ratio was 103.16. The lowest was 25.15. And the median was 54.97.

NSE:GRAVITA's Shiller PE Ratio is ranked worse than
86.85% of 1756 companies
in the Industrial Products industry
Industry Median: 25.62 vs NSE:GRAVITA: 76.31

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.

Gravita India's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹9.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹12.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gravita India Shiller PE Ratio Historical Data

The historical data trend for Gravita 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.

Gravita India Shiller PE Ratio Chart

Gravita 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 - - 50.52 52.59 79.28

Gravita India 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 52.59 59.67 82.51 92.65 79.28

Competitive Comparison of Gravita India's Shiller PE Ratio

For the Metal Fabrication subindustry, Gravita 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.


Gravita India's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gravita India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gravita India's Shiller PE Ratio falls into.



Gravita 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.

Gravita India's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1076.25/12.6
=85.42

* 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.

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

For example, Gravita 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)
=9.92/153.0345*153.0345
=9.920

Current CPI (Mar. 2024) = 153.0345.

Gravita India Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.210 94.103 0.342
201409 0.550 96.780 0.870
201412 0.750 96.780 1.186
201503 -0.540 97.163 -0.851
201506 0.460 99.841 0.705
201509 0.410 101.753 0.617
201512 -0.210 102.901 -0.312
201603 -0.030 102.518 -0.045
201606 1.010 105.961 1.459
201609 1.240 105.961 1.791
201612 1.100 105.196 1.600
201703 1.400 105.196 2.037
201706 1.410 107.109 2.015
201709 1.950 109.021 2.737
201712 1.480 109.404 2.070
201803 1.560 109.786 2.175
201806 1.540 111.317 2.117
201809 0.740 115.142 0.984
201812 0.050 115.142 0.066
201903 -0.080 118.202 -0.104
201906 0.280 120.880 0.354
201909 1.170 123.175 1.454
201912 1.540 126.235 1.867
202003 1.830 124.705 2.246
202006 0.570 127.000 0.687
202009 1.670 130.118 1.964
202012 2.330 130.889 2.724
202103 3.150 131.771 3.658
202106 3.220 134.084 3.675
202109 5.460 135.847 6.151
202112 5.810 138.161 6.435
202203 6.110 138.822 6.736
202206 6.280 142.347 6.751
202209 6.590 144.661 6.971
202212 7.420 145.763 7.790
202303 9.430 146.865 9.826
202306 7.700 150.280 7.841
202309 8.520 151.492 8.607
202312 8.740 152.924 8.746
202403 9.920 153.035 9.920

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.


Gravita India  (NSE:GRAVITA) 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.


Gravita India Shiller PE Ratio Related Terms

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Gravita India (NSE:GRAVITA) Business Description

Traded in Other Exchanges
Address
A-27 B, Shanti Path, 402, Gravita Tower, Tilak Nagar, Jaipur, RJ, IND, 302 004
Gravita India Ltd is involved in the metal fabrication business. It has business segments are Lead processing, Aluminium processing, Turn-key solutions, and Plastic manufacturing. It produces products like Lead, Aluminium, and Plastics. The organization sells its products in India and also exports them to other countries. The majority of the firm's revenue is derived from the Lead processing segment.

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