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Garnet International (BOM:512493) Shiller PE Ratio : 11.51 (As of May. 27, 2024)


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What is Garnet International Shiller PE Ratio?

As of today (2024-05-27), Garnet International's current share price is ₹48.00. Garnet International's E10 for the quarter that ended in Dec. 2023 was ₹4.17. Garnet International's Shiller PE Ratio for today is 11.51.

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

BOM:512493' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.51   Med: 14.08   Max: 16.52
Current: 11.52

During the past years, Garnet International's highest Shiller PE Ratio was 16.52. The lowest was 11.51. And the median was 14.08.

BOM:512493's Shiller PE Ratio is ranked better than
72.5% of 480 companies
in the Capital Markets industry
Industry Median: 19.915 vs BOM:512493: 11.52

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.

Garnet International's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹4.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Garnet International Shiller PE Ratio Historical Data

The historical data trend for Garnet International'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.

Garnet International Shiller PE Ratio Chart

Garnet International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
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Garnet International 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 - - - - 17.37

Competitive Comparison of Garnet International's Shiller PE Ratio

For the Capital Markets subindustry, Garnet International'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.


Garnet International's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Garnet International's Shiller PE Ratio distribution charts can be found below:

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



Garnet International 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.

Garnet International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=48.00/4.17
=11.51

* 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.

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

For example, Garnet International'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)
=0.9/152.9243*152.9243
=0.900

Current CPI (Dec. 2023) = 152.9243.

Garnet International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200803 2.420 52.407 7.062
200903 0.200 56.615 0.540
201003 9.470 65.030 22.270
201103 9.910 70.768 21.415
201203 1.240 76.889 2.466
201303 0.310 85.687 0.553
201403 0.550 91.425 0.920
201503 1.800 97.163 2.833
201603 1.130 102.518 1.686
201606 0.073 105.961 0.105
201609 0.520 105.961 0.750
201612 0.810 105.196 1.178
201703 11.340 105.196 16.485
201706 6.370 107.109 9.095
201709 1.390 109.021 1.950
201712 5.300 109.404 7.408
201803 -1.290 109.786 -1.797
201806 -11.740 111.317 -16.128
201809 -9.830 115.142 -13.056
201812 -2.940 115.142 -3.905
201903 -5.053 118.202 -6.537
201906 -6.519 120.880 -8.247
201909 -1.300 123.175 -1.614
201912 -1.023 126.235 -1.239
202003 -0.529 124.705 -0.649
202006 0.056 127.000 0.067
202009 -0.410 130.118 -0.482
202012 -1.130 130.889 -1.320
202103 -0.270 131.771 -0.313
202106 -0.823 134.084 -0.939
202109 0.120 135.847 0.135
202112 0.010 138.161 0.011
202203 -0.070 138.822 -0.077
202206 0.830 142.347 0.892
202209 0.340 144.661 0.359
202212 0.240 145.763 0.252
202303 0.038 146.865 0.040
202306 0.220 150.280 0.224
202309 -1.600 151.492 -1.615
202312 0.900 152.924 0.900

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.


Garnet International  (BOM:512493) 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.


Garnet International Shiller PE Ratio Related Terms

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Garnet International (BOM:512493) Business Description

Traded in Other Exchanges
N/A
Address
Free Press Journal Marg, 901, Raheja Chambers, Nariman Point, Mumbai, MH, IND, 400021
Garnet International Ltd is an Indian based company that operates in the Shares and Securities and Textile segment. The Shares and Securities segment, which is the key revenue driver, comprises of income from share trading, intra-day transaction, investments, and dividend. The Textile segment comprises of sales of garments and dyeing done on a job work basis. The company generates all its revenue from India.

Garnet International (BOM:512493) Headlines

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