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Ashima (BOM:514286) Shiller PE Ratio : 56.76 (As of Jun. 02, 2024)


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What is Ashima Shiller PE Ratio?

As of today (2024-06-02), Ashima's current share price is ₹30.65. Ashima's E10 for the quarter that ended in Mar. 2024 was ₹0.54. Ashima's Shiller PE Ratio for today is 56.76.

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

BOM:514286' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.57   Med: 41.02   Max: 57.04
Current: 57.04

During the past years, Ashima's highest Shiller PE Ratio was 57.04. The lowest was 33.57. And the median was 41.02.

BOM:514286's Shiller PE Ratio is ranked worse than
84.35% of 626 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.86 vs BOM:514286: 57.04

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.

Ashima's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹5.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹0.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashima Shiller PE Ratio Historical Data

The historical data trend for Ashima'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.

Ashima Shiller PE Ratio Chart

Ashima Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 33.53

Ashima Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 33.53

Competitive Comparison of Ashima's Shiller PE Ratio

For the Textile Manufacturing subindustry, Ashima'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.


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

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

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



Ashima 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.

Ashima's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=30.65/0.54
=56.76

* 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.

Ashima's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Ashima's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5/153.0345*153.0345
=5.000

Current CPI (Mar. 2024) = 153.0345.

Ashima Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.303 94.103 -0.493
201409 -2.897 96.780 -4.581
201412 -0.330 96.780 -0.522
201503 -1.269 97.163 -1.999
201506 -1.150 99.841 -1.763
201509 -2.670 101.753 -4.016
201512 -1.750 102.901 -2.603
201603 -1.850 102.518 -2.762
201606 -0.985 105.961 -1.423
201609 -0.940 105.961 -1.358
201612 1.910 105.196 2.779
201703 1.480 105.196 2.153
201706 -0.440 107.109 -0.629
201709 4.530 109.021 6.359
201712 6.230 109.404 8.715
201803 -0.460 109.786 -0.641
201806 1.960 111.317 2.695
201809 -0.170 115.142 -0.226
201812 -0.040 115.142 -0.053
201903 0.799 118.202 1.034
201906 -0.020 120.880 -0.025
201909 -0.170 123.175 -0.211
201912 0.070 126.235 0.085
202003 -0.080 124.705 -0.098
202006 -0.320 127.000 -0.386
202009 -0.210 130.118 -0.247
202012 -0.110 130.889 -0.129
202103 0.040 131.771 0.046
202106 -0.480 134.084 -0.548
202109 -0.020 135.847 -0.023
202112 -0.100 138.161 -0.111
202203 1.530 138.822 1.687
202206 0.070 142.347 0.075
202209 0.010 144.661 0.011
202212 -0.120 145.763 -0.126
202303 -0.310 146.865 -0.323
202306 -0.080 150.280 -0.081
202309 -0.070 151.492 -0.071
202312 0.180 152.924 0.180
202403 5.000 153.035 5.000

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.


Ashima  (BOM:514286) 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.


Ashima Shiller PE Ratio Related Terms

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


Ashima (BOM:514286) Business Description

Traded in Other Exchanges
Address
Texcellence Complex, Near Anupam Cinema, Khokhara Mehmedabad, Ahmedabad, GJ, IND, 380021
Ashima Ltd is a Textile Manufacturing company engaged in the manufacture of cotton fabric in India. It offers a range of cotton textile products, including denim, shirting, bottom weights, and interlinings. Its fabrics include Denim, Price dyed, and Fusible Interlinings. It offers various types of denim, including open-end denim, ring denim, slub denim, cross-hatch denim, stretch denim, and fashion denim. The firm sells its goods in the domestic market and also exports them to various countries. It operates in Textiles, Real Estate, Investment, and Others.

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