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Prestige Estates Projects (BOM:533274) Shiller PE Ratio : 50.90 (As of May. 11, 2024)


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What is Prestige Estates Projects Shiller PE Ratio?

As of today (2024-05-11), Prestige Estates Projects's current share price is ₹1507.75. Prestige Estates Projects's E10 for the quarter that ended in Dec. 2023 was ₹29.62. Prestige Estates Projects's Shiller PE Ratio for today is 50.90.

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

BOM:533274' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.93   Med: 18.47   Max: 49.25
Current: 49.25

During the past years, Prestige Estates Projects's highest Shiller PE Ratio was 49.25. The lowest was 14.93. And the median was 18.47.

BOM:533274's Shiller PE Ratio is ranked worse than
89.05% of 1078 companies
in the Real Estate industry
Industry Median: 11.155 vs BOM:533274: 49.25

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.

Prestige Estates Projects's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹2.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹29.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prestige Estates Projects Shiller PE Ratio Historical Data

The historical data trend for Prestige Estates Projects'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.

Prestige Estates Projects Shiller PE Ratio Chart

Prestige Estates Projects 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 - - - 19.37 15.12

Prestige Estates Projects 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 17.87 15.12 21.03 20.44 39.61

Competitive Comparison of Prestige Estates Projects's Shiller PE Ratio

For the Real Estate - Diversified subindustry, Prestige Estates Projects'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.


Prestige Estates Projects's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prestige Estates Projects's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Prestige Estates Projects's Shiller PE Ratio falls into.



Prestige Estates Projects 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.

Prestige Estates Projects's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1507.75/29.62
=50.90

* 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.

Prestige Estates Projects's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Prestige Estates Projects'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)
=2.9/153.2548*153.2548
=2.900

Current CPI (Dec. 2023) = 153.2548.

Prestige Estates Projects Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201206 1.500 79.567 2.889
201209 1.390 82.244 2.590
201303 2.920 85.687 5.223
201403 8.980 91.425 15.053
201503 16.090 97.163 25.379
201506 3.060 99.841 4.697
201509 4.110 101.753 6.190
201512 7.450 102.901 11.096
201603 1.650 102.518 2.467
201606 1.270 105.961 1.837
201609 1.690 105.961 2.444
201612 1.790 105.196 2.608
201703 2.350 105.196 3.424
201706 2.500 107.109 3.577
201709 2.160 109.021 3.036
201712 2.380 109.404 3.334
201803 2.860 109.786 3.992
201806 3.240 111.317 4.461
201809 2.580 115.142 3.434
201812 1.550 115.142 2.063
201903 3.710 118.202 4.810
201906 3.070 120.880 3.892
201909 2.950 123.175 3.670
201912 4.310 126.235 5.233
202003 0.290 124.705 0.356
202006 0.040 127.000 0.048
202009 1.490 130.118 1.755
202012 1.460 130.889 1.709
202103 66.410 131.771 77.238
202106 1.140 134.084 1.303
202109 1.950 135.847 2.200
202112 2.160 138.161 2.396
202203 23.430 138.822 25.866
202206 5.110 142.347 5.502
202209 3.510 144.661 3.719
202212 3.190 145.763 3.354
202303 11.680 146.865 12.188
202306 6.660 150.280 6.792
202309 21.220 151.492 21.467
202312 2.900 153.255 2.900

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.


Prestige Estates Projects  (BOM:533274) 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.


Prestige Estates Projects Shiller PE Ratio Related Terms

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Prestige Estates Projects (BOM:533274) Business Description

Traded in Other Exchanges
Address
No. 19, Brunton Road, Prestige Falcon Tower, Bangalore, KA, IND, 560025
Prestige Estates Projects Ltd is a real estate development group operating in South India, including in the cities of Chennai, Hyderabad, Kochi, Mysuru, Mangaluru, and Goa. The Prestige Group's property portfolio covers the residential, commercial, retail, property management, and hospitality segments. Projects include landmark malls, large townships, tech parks, hotels, and luxury villas. Most of the company's completed projects come from its Residential segment, while the overwhelming majority of new projects are also from its residential segment. The company generates the majority of its revenue from the Residential segment.

Prestige Estates Projects (BOM:533274) Headlines

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