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Mastek (BOM:523704) Shiller PE Ratio : 41.52 (As of May. 23, 2024)


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What is Mastek Shiller PE Ratio?

As of today (2024-05-23), Mastek's current share price is ₹2479.85. Mastek's E10 for the quarter that ended in Mar. 2024 was ₹59.72. Mastek's Shiller PE Ratio for today is 41.52.

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

BOM:523704' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.49   Med: 40.09   Max: 86.14
Current: 41.41

During the past years, Mastek's highest Shiller PE Ratio was 86.14. The lowest was 5.49. And the median was 40.09.

BOM:523704's Shiller PE Ratio is ranked worse than
65.28% of 916 companies
in the Software industry
Industry Median: 30.755 vs BOM:523704: 41.41

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.

Mastek's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹29.970. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹59.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mastek Shiller PE Ratio Historical Data

The historical data trend for Mastek'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.

Mastek Shiller PE Ratio Chart

Mastek 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 - 22.07 75.89 30.05 42.46

Mastek 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 30.05 35.81 43.05 49.19 42.46

Competitive Comparison of Mastek's Shiller PE Ratio

For the Information Technology Services subindustry, Mastek'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.


Mastek's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Mastek's Shiller PE Ratio distribution charts can be found below:

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



Mastek 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.

Mastek's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2479.85/59.72
=41.52

* 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.

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

For example, Mastek'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)
=29.97/153.0345*153.0345
=29.970

Current CPI (Mar. 2024) = 153.0345.

Mastek Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.370 94.103 0.602
201409 0.760 96.780 1.202
201412 3.720 96.780 5.882
201503 2.720 97.163 4.284
201506 1.790 99.841 2.744
201509 1.070 101.753 1.609
201512 0.320 102.901 0.476
201603 2.420 102.518 3.612
201606 0.970 105.961 1.401
201609 3.030 105.961 4.376
201612 4.990 105.196 7.259
201703 4.380 105.196 6.372
201706 5.890 107.109 8.415
201709 7.030 109.021 9.868
201712 7.480 109.404 10.463
201803 7.760 109.786 10.817
201806 8.880 111.317 12.208
201809 9.910 115.142 13.171
201812 10.480 115.142 13.929
201903 10.960 118.202 14.190
201906 9.580 120.880 12.128
201909 9.730 123.175 12.089
201912 10.220 126.235 12.390
202003 13.460 124.705 16.518
202006 16.000 127.000 19.280
202009 19.750 130.118 23.228
202012 22.240 130.889 26.003
202103 23.740 131.771 27.571
202106 26.420 134.084 30.154
202109 26.920 135.847 30.326
202112 24.170 138.161 26.772
202203 26.400 138.822 29.103
202206 25.150 142.347 27.038
202209 25.810 144.661 27.304
202212 20.950 145.763 21.995
202303 23.580 146.865 24.571
202306 22.670 150.280 23.086
202309 20.280 151.492 20.486
202312 24.290 152.924 24.308
202403 29.970 153.035 29.970

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.


Mastek  (BOM:523704) 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.


Mastek Shiller PE Ratio Related Terms

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


Mastek (BOM:523704) Business Description

Traded in Other Exchanges
Address
No 106, SDF IV, Seepz, Andheri (East), Mumbai, MH, IND, 400 096
Mastek Ltd, along with its subsidiaries is a provider of vertically-focused enterprise technology solutions. The company's offering portfolio consists of information technology consulting, application maintenance, application development, application management outsourcing, testing, data warehousing, business intelligence, and application security. It also focuses on agile consulting, legacy modernisation, Oracle Cloud, Oracle ERP Cloud, product-as-a-service solutions and machine learning, and digital e-commerce. Geographically the company exports its services to the United Kingdom, North America, the Middle East, and Other regions. The United Kingdom region generates maximum revenue for the company.

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