GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » UltraTech Cement Ltd (NSE:ULTRACEMCO) » Definitions » Shiller PE Ratio

UltraTech Cement (NSE:ULTRACEMCO) Shiller PE Ratio : 54.64 (As of May. 04, 2024)


View and export this data going back to 2004. Start your Free Trial

What is UltraTech Cement Shiller PE Ratio?

As of today (2024-05-04), UltraTech Cement's current share price is ₹9816.30. UltraTech Cement's E10 for the quarter that ended in Dec. 2023 was ₹179.65. UltraTech Cement's Shiller PE Ratio for today is 54.64.

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

NSE:ULTRACEMCO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.64   Med: 38   Max: 60.4
Current: 54

During the past years, UltraTech Cement's highest Shiller PE Ratio was 60.40. The lowest was 27.64. And the median was 38.00.

NSE:ULTRACEMCO's Shiller PE Ratio is ranked worse than
90.08% of 262 companies
in the Building Materials industry
Industry Median: 14.37 vs NSE:ULTRACEMCO: 54.00

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.

UltraTech Cement's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹61.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹179.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


UltraTech Cement Shiller PE Ratio Historical Data

The historical data trend for UltraTech Cement'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.

UltraTech Cement Shiller PE Ratio Chart

UltraTech Cement 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 - - 31.44 35.25 46.41

UltraTech Cement 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 43.57 46.41 48.86 47.48 58.47

Competitive Comparison of UltraTech Cement's Shiller PE Ratio

For the Building Materials subindustry, UltraTech Cement'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.


UltraTech Cement's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, UltraTech Cement's Shiller PE Ratio distribution charts can be found below:

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



UltraTech Cement 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.

UltraTech Cement's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9816.30/179.65
=54.64

* 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.

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

For example, UltraTech Cement'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)
=61.61/153.2548*153.2548
=61.610

Current CPI (Dec. 2023) = 153.2548.

UltraTech Cement Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 31.530 91.425 52.853
201406 22.850 94.103 37.213
201409 15.090 96.780 23.895
201412 14.570 96.780 23.072
201503 23.940 97.163 37.761
201506 21.990 99.841 33.755
201509 17.860 101.753 26.900
201512 20.600 102.901 30.680
201603 29.800 102.518 44.548
201606 28.410 105.961 41.090
201609 22.370 105.961 32.354
201612 21.660 105.196 31.555
201703 26.440 105.196 38.519
201706 32.660 107.109 46.731
201709 15.390 109.021 21.634
201712 16.610 109.404 23.268
201803 16.240 109.786 22.670
201806 23.010 111.317 31.679
201809 12.460 115.142 16.584
201812 13.160 115.142 17.516
201903 41.481 118.202 53.782
201906 44.400 120.880 56.292
201909 20.070 123.175 24.971
201912 24.670 126.235 29.950
202003 112.320 124.705 138.034
202006 27.530 127.000 33.221
202009 45.390 130.118 53.461
202012 54.920 130.889 64.304
202103 61.500 131.771 71.527
202106 59.000 134.084 67.435
202109 45.520 135.847 51.353
202112 59.190 138.161 65.657
202203 90.810 138.822 100.251
202206 54.910 142.347 59.117
202209 26.200 144.661 27.756
202212 36.680 145.763 38.565
202303 57.750 146.865 60.263
202306 58.530 150.280 59.689
202309 44.430 151.492 44.947
202312 61.610 153.255 61.610

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.


UltraTech Cement  (NSE:ULTRACEMCO) 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.


UltraTech Cement Shiller PE Ratio Related Terms

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


UltraTech Cement (NSE:ULTRACEMCO) Business Description

Traded in Other Exchanges
Address
Mahakali Caves Road, B Wing, Ahura Centre, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400 093
UltraTech Cement Ltd produces and sells cement and cement-related products. The company generates the vast majority of its revenue in India. UltraTech has one of the largest production capacities of any firm in India. The company's product portfolio includes Ordinary Portland cement, Portland blast-furnace slag cement, and Portland Pozzolana cement. Ordinary Portland cement is used for a wide range of applications including concrete products, masonry, and plastering. The firm's customers are in the building and construction industries.

UltraTech Cement (NSE:ULTRACEMCO) Headlines

No Headlines