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Aviva Industries (BOM:512109) Shiller PE Ratio : 610.25 (As of May. 31, 2024)


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What is Aviva Industries Shiller PE Ratio?

As of today (2024-05-31), Aviva Industries's current share price is ₹24.41. Aviva Industries's E10 for the quarter that ended in Dec. 2023 was ₹0.04. Aviva Industries's Shiller PE Ratio for today is 610.25.

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

BOM:512109' s Shiller PE Ratio Range Over the Past 10 Years
Min: 454.5   Med: 695   Max: 1278.33
Current: 682.65

During the past years, Aviva Industries's highest Shiller PE Ratio was 1278.33. The lowest was 454.50. And the median was 695.00.

BOM:512109's Shiller PE Ratio is ranked worse than
98.88% of 625 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.7 vs BOM:512109: 682.65

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.

Aviva Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹-0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aviva Industries Shiller PE Ratio Historical Data

The historical data trend for Aviva Industries'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.

Aviva Industries Shiller PE Ratio Chart

Aviva Industries 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 - - - 882.86 785.19

Aviva Industries 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 765.58 785.19 609.75 616.38 784.73

Competitive Comparison of Aviva Industries's Shiller PE Ratio

For the Textile Manufacturing subindustry, Aviva Industries'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.


Aviva Industries's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aviva Industries's Shiller PE Ratio distribution charts can be found below:

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



Aviva Industries 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.

Aviva Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=24.41/0.04
=610.25

* 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.

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

For example, Aviva Industries'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)
=-0.15/152.9243*152.9243
=-0.150

Current CPI (Dec. 2023) = 152.9243.

Aviva Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.010 91.425 0.017
201406 -0.061 94.103 -0.099
201409 -0.010 96.780 -0.016
201412 -0.047 96.780 -0.074
201503 -0.082 97.163 -0.129
201506 -0.040 99.841 -0.061
201509 0.000 101.753 0.000
201512 0.000 102.901 0.000
201603 -0.210 102.518 -0.313
201606 -0.090 105.961 -0.130
201609 -0.270 105.961 -0.390
201612 -0.120 105.196 -0.174
201703 0.510 105.196 0.741
201706 0.200 107.109 0.286
201709 -0.100 109.021 -0.140
201712 0.020 109.404 0.028
201803 0.050 109.786 0.070
201806 -0.080 111.317 -0.110
201809 -0.100 115.142 -0.133
201812 -0.270 115.142 -0.359
201903 1.030 118.202 1.333
201906 0.050 120.880 0.063
201909 -0.120 123.175 -0.149
201912 -0.320 126.235 -0.388
202003 0.390 124.705 0.478
202006 -0.250 127.000 -0.301
202009 -0.070 130.118 -0.082
202012 -0.120 130.889 -0.140
202103 0.470 131.771 0.545
202106 -0.300 134.084 -0.342
202109 0.213 135.847 0.240
202112 0.060 138.161 0.066
202203 0.056 138.822 0.062
202206 0.100 142.347 0.107
202209 -0.100 144.661 -0.106
202212 0.050 145.763 0.052
202303 -0.013 146.865 -0.014
202306 0.070 150.280 0.071
202309 -0.020 151.492 -0.020
202312 -0.150 152.924 -0.150

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.


Aviva Industries  (BOM:512109) 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.


Aviva Industries Shiller PE Ratio Related Terms

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


Aviva Industries (BOM:512109) Business Description

Traded in Other Exchanges
N/A
Address
Near Thaltej Cross Road, S. G. Highway, C-3/1001, Anushruti Tower, Near Jain Temple, Opposite New York Tower, Ahmedabad, GJ, IND, 380054
Aviva Industries Ltd is engaged in manufacturing and trading of glass in primary and semi-manufactured forms. The company's core business of the company is the business of manufacturing and trading of Glass Mosaic and Glass mosaic products and constructions chemicals and products. It also trades in textile.

Aviva Industries (BOM:512109) Headlines

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