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Reliance Infrastructure (BOM:500390) Shiller PE Ratio : 14.71 (As of May. 14, 2024)


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What is Reliance Infrastructure Shiller PE Ratio?

As of today (2024-05-14), Reliance Infrastructure's current share price is ₹164.80. Reliance Infrastructure's E10 for the quarter that ended in Dec. 2023 was ₹11.20. Reliance Infrastructure's Shiller PE Ratio for today is 14.71.

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

BOM:500390' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.14   Med: 1.83   Max: 26.69
Current: 14.56

During the past years, Reliance Infrastructure's highest Shiller PE Ratio was 26.69. The lowest was 0.14. And the median was 1.83.

BOM:500390's Shiller PE Ratio is ranked better than
60.51% of 195 companies
in the Utilities - Independent Power Producers industry
Industry Median: 19.94 vs BOM:500390: 14.56

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.

Reliance Infrastructure's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-10.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹11.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reliance Infrastructure Shiller PE Ratio Historical Data

The historical data trend for Reliance Infrastructure'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.

Reliance Infrastructure Shiller PE Ratio Chart

Reliance Infrastructure 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 1.47 0.16 0.60 2.38 6.09

Reliance Infrastructure 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 3.68 6.09 7.56 11.62 18.77

Competitive Comparison of Reliance Infrastructure's Shiller PE Ratio

For the Utilities - Independent Power Producers subindustry, Reliance Infrastructure'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.


Reliance Infrastructure's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Reliance Infrastructure's Shiller PE Ratio distribution charts can be found below:

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



Reliance Infrastructure 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.

Reliance Infrastructure's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=164.80/11.2
=14.71

* 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.

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

For example, Reliance Infrastructure'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)
=-10.09/153.2548*153.2548
=-10.090

Current CPI (Dec. 2023) = 153.2548.

Reliance Infrastructure Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 23.630 91.425 39.611
201406 17.400 94.103 28.338
201409 16.400 96.780 25.970
201412 17.200 96.780 27.237
201503 17.450 97.163 27.524
201506 15.560 99.841 23.885
201509 16.210 101.753 24.415
201512 9.560 102.901 14.238
201603 -12.450 102.518 -18.612
201606 16.690 105.961 24.139
201609 21.680 105.961 31.356
201612 14.250 105.196 20.760
201703 1.560 105.196 2.273
201706 12.710 107.109 18.186
201709 20.680 109.021 29.071
201712 11.460 109.404 16.053
201803 6.090 109.786 8.501
201806 9.510 111.317 13.093
201809 8.800 115.142 11.713
201812 11.170 115.142 14.867
201903 -121.770 118.202 -157.881
201906 11.370 120.880 14.415
201909 10.660 123.175 13.263
201912 13.140 126.235 15.952
202003 -5.850 124.705 -7.189
202006 -10.970 127.000 -13.238
202009 -10.550 130.118 -12.426
202012 3.040 130.889 3.559
202103 61.260 131.771 71.248
202106 -3.620 134.084 -4.138
202109 -11.640 135.847 -13.132
202112 -4.770 138.161 -5.291
202203 -17.950 138.822 -19.816
202206 -3.280 142.347 -3.531
202209 -6.170 144.661 -6.537
202212 -9.820 145.763 -10.325
202303 -93.590 146.865 -97.662
202306 -19.130 150.280 -19.509
202309 -8.210 151.492 -8.306
202312 -10.090 153.255 -10.090

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.


Reliance Infrastructure  (BOM:500390) 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.


Reliance Infrastructure Shiller PE Ratio Related Terms

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Reliance Infrastructure (BOM:500390) Business Description

Traded in Other Exchanges
Address
19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Mumbai, MH, IND, 400001
Reliance Infrastructure Ltd, or RInfra, is an Indian company operating in the country's utilities and infrastructure sectors. The company segments its activities into 'Power', 'Engineering and Construction' (E&C) and 'Infrastructure. Reliance Infrastructure's revenue is derived from electricity sales and transmission charges issued by its Power division. This unit is involved in the generation, transmission, distribution, and trading of energy in India. RInfra's Power Business utilizes thermal power plants that operate on natural gas and coal to then distribute electricity to urban markets, such as Mumbai and Delhi. The company's EPC division also generates substantial income through contracts with entities in India's power and road sectors.

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