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Somi Conveyor Beltings (BOM:533001) Shiller PE Ratio : 56.74 (As of May. 27, 2024)


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What is Somi Conveyor Beltings Shiller PE Ratio?

As of today (2024-05-27), Somi Conveyor Beltings's current share price is ₹140.15. Somi Conveyor Beltings's E10 for the quarter that ended in Dec. 2023 was ₹2.47. Somi Conveyor Beltings's Shiller PE Ratio for today is 56.74.

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

BOM:533001' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.5   Med: 17.09   Max: 60.12
Current: 56.78

During the past years, Somi Conveyor Beltings's highest Shiller PE Ratio was 60.12. The lowest was 8.50. And the median was 17.09.

BOM:533001's Shiller PE Ratio is ranked worse than
80.65% of 1757 companies
in the Industrial Products industry
Industry Median: 25.66 vs BOM:533001: 56.78

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.

Somi Conveyor Beltings's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹0.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹2.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Somi Conveyor Beltings Shiller PE Ratio Historical Data

The historical data trend for Somi Conveyor Beltings'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.

Somi Conveyor Beltings Shiller PE Ratio Chart

Somi Conveyor Beltings 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 - - 10.46 12.52 14.28

Somi Conveyor Beltings 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 16.28 14.28 21.83 22.31 37.23

Competitive Comparison of Somi Conveyor Beltings's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Somi Conveyor Beltings'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.


Somi Conveyor Beltings's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Somi Conveyor Beltings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Somi Conveyor Beltings's Shiller PE Ratio falls into.



Somi Conveyor Beltings 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.

Somi Conveyor Beltings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=140.15/2.47
=56.74

* 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.

Somi Conveyor Beltings's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Somi Conveyor Beltings'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)
=0.65/152.9243*152.9243
=0.650

Current CPI (Dec. 2023) = 152.9243.

Somi Conveyor Beltings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.740 91.425 1.238
201406 0.750 94.103 1.219
201409 0.820 96.780 1.296
201412 0.950 96.780 1.501
201503 1.100 97.163 1.731
201506 0.170 99.841 0.260
201509 0.770 101.753 1.157
201512 0.630 102.901 0.936
201603 0.370 102.518 0.552
201606 0.300 105.961 0.433
201609 0.210 105.961 0.303
201612 0.090 105.196 0.131
201703 -0.280 105.196 -0.407
201706 0.210 107.109 0.300
201709 0.140 109.021 0.196
201712 0.210 109.404 0.294
201803 0.370 109.786 0.515
201806 0.180 111.317 0.247
201809 0.740 115.142 0.983
201812 0.090 115.142 0.120
201903 0.300 118.202 0.388
201906 0.200 120.880 0.253
201909 0.290 123.175 0.360
201912 0.190 126.235 0.230
202003 1.370 124.705 1.680
202006 0.150 127.000 0.181
202009 0.110 130.118 0.129
202012 0.920 130.889 1.075
202103 0.330 131.771 0.383
202106 0.140 134.084 0.160
202109 0.460 135.847 0.518
202112 0.350 138.161 0.387
202203 0.510 138.822 0.562
202206 0.310 142.347 0.333
202209 0.560 144.661 0.592
202212 0.390 145.763 0.409
202303 1.680 146.865 1.749
202306 0.520 150.280 0.529
202309 1.100 151.492 1.110
202312 0.650 152.924 0.650

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.


Somi Conveyor Beltings  (BOM:533001) 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.


Somi Conveyor Beltings Shiller PE Ratio Related Terms

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Somi Conveyor Beltings (BOM:533001) Business Description

Traded in Other Exchanges
Address
New Power House Road, 4 F-15, Oliver House, Near Bank of India, Jodhpur, IND, 342003
Somi Conveyor Beltings Ltd is a company engaged in the manufacture and sale of industrial conveyor belts. It offers products for the cement, sponge iron, power, and mining sectors. The product line of the company provides general-purpose, heat-resistant, fire-resistant, and oil-resistant conveyor belts. It also offers special-purpose conveyor belts, such as bulletproof, chevron, rough top, pipe conveyor, and fusion belts, as well as rubber sheets and mattings, maintenance conveyor belts, and steel cord beltings. The company operates in one single segment which is Manufacturing conveyor belts and generates revenue from the same.

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