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Kiri Industries (BOM:532967) Shiller PE Ratio : 4.00 (As of May. 28, 2024)


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What is Kiri Industries Shiller PE Ratio?

As of today (2024-05-28), Kiri Industries's current share price is ₹315.30. Kiri Industries's E10 for the quarter that ended in Dec. 2023 was ₹78.82. Kiri Industries's Shiller PE Ratio for today is 4.00.

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

BOM:532967' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.85   Med: 7.19   Max: 14.45
Current: 4.03

During the past years, Kiri Industries's highest Shiller PE Ratio was 14.45. The lowest was 3.85. And the median was 7.19.

BOM:532967's Shiller PE Ratio is ranked better than
98.37% of 1044 companies
in the Chemicals industry
Industry Median: 19.435 vs BOM:532967: 4.03

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.

Kiri Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹24.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹78.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kiri Industries Shiller PE Ratio Historical Data

The historical data trend for Kiri 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.

Kiri Industries Shiller PE Ratio Chart

Kiri 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 - - - 13.25 6.94

Kiri 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 14.20 6.94 5.24 4.75 5.07

Competitive Comparison of Kiri Industries's Shiller PE Ratio

For the Specialty Chemicals subindustry, Kiri 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.


Kiri Industries's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kiri Industries's Shiller PE Ratio distribution charts can be found below:

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



Kiri 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.

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

Shiller PE Ratio=Share Price/ E10
=315.30/78.82
=4.00

* 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.

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

For example, Kiri 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)
=24.38/152.9243*152.9243
=24.380

Current CPI (Dec. 2023) = 152.9243.

Kiri Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 3.680 91.425 6.155
201406 18.890 94.103 30.698
201409 16.390 96.780 25.898
201412 17.030 96.780 26.909
201503 6.832 97.163 10.753
201506 26.490 99.841 40.574
201509 17.010 101.753 25.564
201512 25.180 102.901 37.421
201603 11.990 102.518 17.885
201606 24.800 105.961 35.792
201609 39.049 105.961 56.356
201612 12.030 105.196 17.488
201703 14.650 105.196 21.297
201706 22.900 107.109 32.695
201709 20.450 109.021 28.685
201712 9.130 109.404 12.762
201803 26.120 109.786 36.383
201806 16.640 111.317 22.860
201809 21.650 115.142 28.754
201812 -2.760 115.142 -3.666
201903 -8.200 118.202 -10.609
201906 2.430 120.880 3.074
201909 22.020 123.175 27.338
201912 26.400 126.235 31.982
202003 33.287 124.705 40.819
202006 -17.170 127.000 -20.675
202009 8.710 130.118 10.237
202012 19.520 130.889 22.806
202103 34.572 131.771 40.122
202106 17.470 134.084 19.925
202109 19.520 135.847 21.974
202112 20.450 138.161 22.635
202203 16.000 138.822 17.625
202206 10.320 142.347 11.087
202209 11.700 144.661 12.368
202212 10.420 145.763 10.932
202303 -11.770 146.865 -12.256
202306 -0.490 150.280 -0.499
202309 3.630 151.492 3.664
202312 24.380 152.924 24.380

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.


Kiri Industries  (BOM:532967) 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.


Kiri Industries Shiller PE Ratio Related Terms

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Kiri Industries (BOM:532967) Business Description

Traded in Other Exchanges
Address
Hasubhai Chambers, 7th Floor, Opposite Town Hall, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Kiri Industries Ltd is a company, which manufactures and exports a wide range of dyes, intermediates, and chemicals. It provides products and services across the whole value chain in numerous industrial sectors such as apparel, hosiery, automotive, carpets, leather, home upholstery, industrial fabrics, and others. Its dye products include reactive dyes, acid, and direct dyes. The intermediates section includes sulpho j.acid, sulpho tobias acid, pntosa, and sulpho gama acid. Kiri has a business presence in both the Indian and international markets, of which the majority of the revenue is generated from India.

Kiri Industries (BOM:532967) Headlines

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