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Esab India (BOM:500133) Shiller PE Ratio : 106.74 (As of Jun. 07, 2024)


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What is Esab India Shiller PE Ratio?

As of today (2024-06-07), Esab India's current share price is ₹5647.50. Esab India's E10 for the quarter that ended in Mar. 2024 was ₹52.91. Esab India's Shiller PE Ratio for today is 106.74.

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

BOM:500133' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.74   Med: 84.11   Max: 130.66
Current: 100.59

During the past years, Esab India's highest Shiller PE Ratio was 130.66. The lowest was 19.74. And the median was 84.11.

BOM:500133's Shiller PE Ratio is ranked worse than
91.32% of 1763 companies
in the Industrial Products industry
Industry Median: 24.79 vs BOM:500133: 100.59

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.

Esab India's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹28.750. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹52.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Esab India Shiller PE Ratio Historical Data

The historical data trend for Esab 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.

Esab India Shiller PE Ratio Chart

Esab 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 - 31.39 80.15 79.36 99.36

Esab 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 79.36 84.46 103.52 115.47 99.36

Competitive Comparison of Esab India's Shiller PE Ratio

For the Tools & Accessories subindustry, Esab 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.


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

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

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



Esab 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.

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

Shiller PE Ratio=Share Price/ E10
=5647.50/52.91
=106.74

* 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.

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

For example, Esab 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)
=28.75/153.0345*153.0345
=28.750

Current CPI (Mar. 2024) = 153.0345.

Esab India Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 4.590 91.425 7.683
201403 5.490 91.425 9.190
201406 4.220 94.103 6.863
201409 3.240 96.780 5.123
201506 5.080 99.841 7.787
201509 4.020 101.753 6.046
201512 3.220 102.901 4.789
201603 6.090 102.518 9.091
201606 6.000 105.961 8.666
201609 7.100 105.961 10.254
201612 3.640 105.196 5.295
201703 0.710 105.196 1.033
201706 5.890 107.109 8.415
201709 6.040 109.021 8.478
201712 6.240 109.404 8.729
201803 5.970 109.786 8.322
201806 10.000 111.317 13.748
201809 9.280 115.142 12.334
201812 7.500 115.142 9.968
201903 10.630 118.202 13.763
201906 10.870 120.880 13.761
201909 12.250 123.175 15.220
201912 11.540 126.235 13.990
202003 11.750 124.705 14.419
202006 4.660 127.000 5.615
202009 11.490 130.118 13.514
202012 9.560 130.889 11.177
202103 12.810 131.771 14.877
202106 13.220 134.084 15.088
202109 15.370 135.847 17.315
202112 12.320 138.161 13.646
202203 13.870 138.822 15.290
202206 16.630 142.347 17.879
202209 20.730 144.661 21.930
202212 23.600 145.763 24.777
202303 27.200 146.865 28.343
202306 27.540 150.280 28.045
202309 24.960 151.492 25.214
202312 24.660 152.924 24.678
202403 28.750 153.035 28.750

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.


Esab India  (BOM:500133) 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.


Esab India Shiller PE Ratio Related Terms

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


Esab India (BOM:500133) Business Description

Traded in Other Exchanges
Address
Plot No.13, 3rd Main Road, Industrial Estate, Ambattur, Chennai, TN, IND, 600 058
Esab India Ltd is engaged in the production of welding and cutting equipment and consumables. The company focuses on areas such as Manual welding and cutting equipment, Welding Consumables, Welding automation, Mechanized cutting systems and others. It operates in the segment of fabrication technology. This includes manufacturing and selling of welding, cutting and allied products and also provides engineering, support and consulting services. It serves industries like Automotive, General fabrication and civil construction, Pipelines, Pipe mills, Power generation, Process industry, Repair and maintenance, Shipbuilding and offshore and Transport and mobile machinery industries. The company's brand includes ESAB, Exaton, Gasarc, Murex, Victor, Thermal Dynamics, Tweco.

Esab India (BOM:500133) Headlines

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