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Govind Rubber (BOM:509148) Shiller PE Ratio : (As of Jun. 07, 2024)


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What is Govind Rubber Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Govind Rubber Shiller PE Ratio Historical Data

The historical data trend for Govind Rubber'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.

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Govind Rubber Shiller PE Ratio Chart

Govind Rubber Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 32.57 - - -

Govind Rubber Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 - - - - -

Competitive Comparison of Govind Rubber's Shiller PE Ratio

For the Auto Parts subindustry, Govind Rubber'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.


Govind Rubber's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Govind Rubber's Shiller PE Ratio distribution charts can be found below:

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



Govind Rubber 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.

Govind Rubber's E10 for the fiscal year that ended in Mar20 is calculated as:

For example, Govind Rubber's adjusted earnings per share data for the fiscal year that ended in Mar20 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar20 (Change)*Current CPI (Mar20)
=74.84/124.7051*124.7051
=74.840

Current CPI (Mar20) = 124.7051.

Govind Rubber Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201103 2.320 70.768 4.088
201203 4.300 76.889 6.974
201303 -0.580 85.687 -0.844
201403 0.130 91.425 0.177
201503 0.030 97.163 0.039
201603 0.060 102.518 0.073
201703 -4.170 105.196 -4.943
201803 -16.840 109.786 -19.128
201903 -62.690 118.202 -66.139
202003 74.840 124.705 74.840

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.


Govind Rubber  (BOM:509148) 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.


Govind Rubber Shiller PE Ratio Related Terms

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Govind Rubber (BOM:509148) Business Description

Traded in Other Exchanges
N/A
Address
72, N.M.Joshi Marg, Sitaram Mill Compound, 418, Creative Industrial Estate, Lower Parel, Mumbai, MH, IND, 400 011
Govind Rubber Ltd manufactures bicycle tire in India. The company is engaged in the manufacturing of bicycle & auto tires and tubes. It manufactures tyres and tubes for two/ three wheelers and markets mountain bike tyres. It offers tires, such as Road/City/Tour, all-terrain bicycle (ATB), mountain bicycle (MTB), Race, bicycle motocross (BMX) and Wheel Chair. It offers tubes, such as Butyl and natural rubber (NR) tubes, valves and packaging. It offers tires for multirole use, such as dirt tracks, rough terrain, and mountainous terrain.

Govind Rubber (BOM:509148) Headlines

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