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Bata India (BOM:500043) Shiller PE Ratio : 65.84 (As of May. 05, 2024)


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What is Bata India Shiller PE Ratio?

As of today (2024-05-05), Bata India's current share price is ₹1338.45. Bata India's E10 for the fiscal year that ended in Mar23 was ₹20.33. Bata India's Shiller PE Ratio for today is 65.84.

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

BOM:500043' s Shiller PE Ratio Range Over the Past 10 Years
Min: 55.15   Med: 74.02   Max: 104.8
Current: 67.05

During the past 13 years, Bata India's highest Shiller PE Ratio was 104.80. The lowest was 55.15. And the median was 74.02.

BOM:500043's Shiller PE Ratio is ranked worse than
85.33% of 627 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.59 vs BOM:500043: 67.05

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.

Bata India's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹25.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹20.33 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bata India Shiller PE Ratio Historical Data

The historical data trend for Bata 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.

Bata India Shiller PE Ratio Chart

Bata India Annual Data
Trend Dec13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.35 56.98 67.35 102.92 69.79

Bata India 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 - 69.79 - - -

Competitive Comparison of Bata India's Shiller PE Ratio

For the Footwear & Accessories subindustry, Bata 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.


Bata India's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata India's Shiller PE Ratio distribution charts can be found below:

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



Bata 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.

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

Shiller PE Ratio=Share Price/ E10
=1338.45/20.33
=65.84

* 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.

Bata India's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Bata India's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=25.13/146.8646*146.8646
=25.130

Current CPI (Mar23) = 146.8646.

Bata India Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 14.855 91.425 23.863
201503 18.000 97.163 27.208
201603 16.910 102.518 24.225
201703 12.370 105.196 17.270
201803 17.160 109.786 22.955
201903 25.600 118.202 31.808
202003 25.590 124.705 30.137
202103 -6.950 131.771 -7.746
202203 8.010 138.822 8.474
202303 25.130 146.865 25.130

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.


Bata India  (BOM:500043) 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.


Bata India Shiller PE Ratio Related Terms

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Bata India (BOM:500043) Business Description

Traded in Other Exchanges
Address
418/02, M.G. Road, Sector - 17, Bata House, Opposite MDI, Gurgaon, HR, IND, 122001
Bata India Ltd is a manufacturer and retailer of footwear and accessories, such as bags, belts, wallets, and shoe care products. It has only one reportable Segment for the Company which is Footwear and Accessories. The company sells footwear under brand names including Bata, Bubblegummers, Hush Puppies, Power, Weinbrenner, and Naturalizer. Bata manufactures shoes in multiple manufacturing plants across India, and it sells its products through its thousands of Bata, Hush Puppies, and Footin retail stores and through its e-commerce channel. Bata generates nearly all its sales in India, mostly from footwear.

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