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Vedanta (BOM:500295) Shiller PE Ratio : 72.38 (As of Apr. 28, 2024)


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What is Vedanta Shiller PE Ratio?

As of today (2024-04-28), Vedanta's current share price is ₹396.65. Vedanta's E10 for the quarter that ended in Dec. 2023 was ₹5.48. Vedanta's Shiller PE Ratio for today is 72.38.

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

BOM:500295' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.55   Med: 31.37   Max: 72.38
Current: 72.37

During the past years, Vedanta's highest Shiller PE Ratio was 72.38. The lowest was 3.55. And the median was 31.37.

BOM:500295's Shiller PE Ratio is ranked worse than
84.91% of 371 companies
in the Metals & Mining industry
Industry Median: 22.67 vs BOM:500295: 72.37

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.

Vedanta's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹5.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹5.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vedanta Shiller PE Ratio Historical Data

The historical data trend for Vedanta'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.

Vedanta Shiller PE Ratio Chart

Vedanta Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 10.56 45.78 36.14

Vedanta Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 40.34 36.14 36.24 37.77 47.17

Competitive Comparison of Vedanta's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Vedanta'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.


Vedanta's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vedanta's Shiller PE Ratio distribution charts can be found below:

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



Vedanta 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.

Vedanta's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=396.65/5.48
=72.38

* 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.

Vedanta's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Vedanta's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.38/153.2548*153.2548
=5.380

Current CPI (Dec. 2023) = 153.2548.

Vedanta Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -10.770 91.425 -18.054
201406 1.270 94.103 2.068
201409 5.460 96.780 8.646
201412 5.350 96.780 8.472
201503 -64.850 97.163 -102.288
201506 2.920 99.841 4.482
201509 3.610 101.753 5.437
201512 0.060 102.901 0.089
201603 -37.710 102.518 -56.373
201606 2.540 105.961 3.674
201609 4.800 105.961 6.942
201612 6.290 105.196 9.164
201703 4.750 105.196 6.920
201706 4.040 107.109 5.781
201709 5.500 109.021 7.732
201712 5.520 109.404 7.733
201803 12.920 109.786 18.035
201806 4.120 111.317 5.672
201809 3.610 115.142 4.805
201812 4.230 115.142 5.630
201903 7.040 118.202 9.128
201906 3.630 120.880 4.602
201909 5.800 123.175 7.216
201912 6.310 126.235 7.661
202003 -33.820 124.705 -41.563
202006 2.770 127.000 3.343
202009 4.476 130.118 5.272
202012 8.860 130.889 10.374
202103 17.250 131.771 20.062
202106 11.310 134.084 12.927
202109 12.380 135.847 13.966
202112 11.170 138.161 12.390
202203 15.560 138.822 17.178
202206 11.840 142.347 12.747
202209 4.850 144.661 5.138
202212 6.600 145.763 6.939
202303 4.920 146.865 5.134
202306 7.060 150.280 7.200
202309 -4.800 151.492 -4.856
202312 5.380 153.255 5.380

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.


Vedanta  (BOM:500295) 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.


Vedanta Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Vedanta's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Vedanta (BOM:500295) Business Description

Traded in Other Exchanges
Address
Unit 103, Corporate Avenue, 1st Floor, C Wing, Atul Projects, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Vedanta Ltd is a diversified natural resource company engaged in exploring, extracting and processing minerals and oil and gas. It focused on zinc, lead, silver, aluminium, copper, iron ore, oil and gas, and commercial power. The company has operations across India, South Africa, Namibia, Ireland, and Australia. The company has five reportable segments: oil and gas, aluminium, copper, iron ore and power. It derives the majority of revenue from the aluminium segment.

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