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IVP (BOM:507580) Shiller PE Ratio : 16.09 (As of May. 24, 2024)


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What is IVP Shiller PE Ratio?

As of today (2024-05-24), IVP's current share price is ₹176.30. IVP's E10 for the quarter that ended in Dec. 2023 was ₹10.96. IVP's Shiller PE Ratio for today is 16.09.

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

BOM:507580' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.98   Med: 16.96   Max: 25.11
Current: 15.19

During the past years, IVP's highest Shiller PE Ratio was 25.11. The lowest was 5.98. And the median was 16.96.

BOM:507580's Shiller PE Ratio is ranked better than
61.08% of 1038 companies
in the Chemicals industry
Industry Median: 19.75 vs BOM:507580: 15.19

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.

IVP's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹1.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹10.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


IVP Shiller PE Ratio Historical Data

The historical data trend for IVP'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.

IVP Shiller PE Ratio Chart

IVP 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 - - 14.19 19.51 11.87

IVP 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 13.31 11.87 16.18 15.31 20.48

Competitive Comparison of IVP's Shiller PE Ratio

For the Specialty Chemicals subindustry, IVP'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.


IVP's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



IVP 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.

IVP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=176.30/10.96
=16.09

* 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.

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

For example, IVP'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)
=1.66/152.9243*152.9243
=1.660

Current CPI (Dec. 2023) = 152.9243.

IVP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.470 91.425 0.786
201406 0.940 94.103 1.528
201409 1.350 96.780 2.133
201412 1.660 96.780 2.623
201503 2.770 97.163 4.360
201506 3.040 99.841 4.656
201509 2.940 101.753 4.419
201512 2.550 102.901 3.790
201603 1.550 102.518 2.312
201606 2.530 105.961 3.651
201609 3.070 105.961 4.431
201612 2.720 105.196 3.954
201703 2.130 105.196 3.096
201706 2.050 107.109 2.927
201709 2.660 109.021 3.731
201712 3.430 109.404 4.794
201803 1.930 109.786 2.688
201806 0.090 111.317 0.124
201809 0.750 115.142 0.996
201812 0.860 115.142 1.142
201903 1.590 118.202 2.057
201906 -1.500 120.880 -1.898
201909 -2.740 123.175 -3.402
201912 -2.300 126.235 -2.786
202003 -1.800 124.705 -2.207
202006 -3.810 127.000 -4.588
202009 0.350 130.118 0.411
202012 4.200 130.889 4.907
202103 3.600 131.771 4.178
202106 0.270 134.084 0.308
202109 3.570 135.847 4.019
202112 6.180 138.161 6.840
202203 7.050 138.822 7.766
202206 3.380 142.347 3.631
202209 5.530 144.661 5.846
202212 9.940 145.763 10.428
202303 8.270 146.865 8.611
202306 1.150 150.280 1.170
202309 4.490 151.492 4.532
202312 1.660 152.924 1.660

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.


IVP  (BOM:507580) 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.


IVP Shiller PE Ratio Related Terms

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


IVP (BOM:507580) Business Description

Traded in Other Exchanges
Address
Shashikant Narayan Redij Marg, Ghorupdeo, Mumbai, MH, IND, 400 033
IVP Ltd is a manufacturer and exporter of foundry chemicals, castings, and allied products. Its products include Binders, Coatings, Polyurethane, and other additives used in the foundry and non-foundry industries. The resins products of the company are for application in diverse fields such as foundry, composites, insulation, and refractory, the coatings products of the company serve the needs of the foundry industry with numerous refractory-based products while the allied products consist of miscellaneous products for use in both ferrous and non-ferrous foundries. The reportable segment of the company is the Manufacturing of Chemicals.

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