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GIC Housing Finance (BOM:511676) Shiller PE Ratio : 6.19 (As of May. 14, 2024)


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What is GIC Housing Finance Shiller PE Ratio?

As of today (2024-05-14), GIC Housing Finance's current share price is ₹208.70. GIC Housing Finance's E10 for the quarter that ended in Dec. 2023 was ₹33.73. GIC Housing Finance's Shiller PE Ratio for today is 6.19.

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

BOM:511676' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.82   Med: 5.27   Max: 8.38
Current: 6.22

During the past years, GIC Housing Finance's highest Shiller PE Ratio was 8.38. The lowest was 3.82. And the median was 5.27.

BOM:511676's Shiller PE Ratio is ranked better than
83.66% of 1138 companies
in the Banks industry
Industry Median: 10.37 vs BOM:511676: 6.22

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.

GIC Housing Finance's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹6.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹33.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GIC Housing Finance Shiller PE Ratio Historical Data

The historical data trend for GIC Housing Finance'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.

GIC Housing Finance Shiller PE Ratio Chart

GIC Housing Finance 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 - - - 4.39 4.73

GIC Housing Finance 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 6.63 4.73 5.55 6.22 6.35

Competitive Comparison of GIC Housing Finance's Shiller PE Ratio

For the Mortgage Finance subindustry, GIC Housing Finance'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.


GIC Housing Finance's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, GIC Housing Finance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where GIC Housing Finance's Shiller PE Ratio falls into.



GIC Housing Finance 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.

GIC Housing Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=208.70/33.73
=6.19

* 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.

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

For example, GIC Housing Finance'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)
=6.62/153.2548*153.2548
=6.620

Current CPI (Dec. 2023) = 153.2548.

GIC Housing Finance Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 4.630 91.425 7.761
201406 4.710 94.103 7.671
201409 4.800 96.780 7.601
201412 4.660 96.780 7.379
201503 4.950 97.163 7.808
201506 5.250 99.841 8.059
201509 5.530 101.753 8.329
201512 5.680 102.901 8.459
201603 6.660 102.518 9.956
201606 6.000 105.961 8.678
201609 6.380 105.961 9.228
201612 6.390 105.196 9.309
201703 8.660 105.196 12.616
201706 8.580 107.109 12.277
201709 8.680 109.021 12.202
201712 8.564 109.404 11.997
201803 11.120 109.786 15.523
201806 9.180 111.317 12.639
201809 8.580 115.142 11.420
201812 6.500 115.142 8.652
201903 8.340 118.202 10.813
201906 2.770 120.880 3.512
201909 -1.850 123.175 -2.302
201912 2.640 126.235 3.205
202003 4.910 124.705 6.034
202006 -10.350 127.000 -12.490
202009 3.830 130.118 4.511
202012 11.320 130.889 13.254
202103 14.800 131.771 17.213
202106 0.520 134.084 0.594
202109 8.400 135.847 9.476
202112 14.210 138.161 15.762
202203 9.100 138.822 10.046
202206 7.270 142.347 7.827
202209 10.460 144.661 11.081
202212 12.150 145.763 12.774
202303 9.720 146.865 10.143
202306 5.910 150.280 6.027
202309 5.610 151.492 5.675
202312 6.620 153.255 6.620

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.


GIC Housing Finance  (BOM:511676) 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.


GIC Housing Finance Shiller PE Ratio Related Terms

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


GIC Housing Finance (BOM:511676) Business Description

Traded in Other Exchanges
Address
14, Jamshedji Tata Road, 6th Floor, National Insurance Building, Churchgate, Mumbai, MH, IND, 400 020
GIC Housing Finance Ltd is a specialty finance firm located in India. It was formed with the objective of entering the field of direct lending to individuals and other corporates to accelerate housing activities in India. The primary activity of the company is granting housing loans to individuals and to persons/entities involved in the construction of houses for residential purposes. The company is exclusively engaged in the housing finance business and revenues are mainly derived from this activity. It operates in a single business segment that is financing.

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