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Tirupati Tyres (BOM:539040) Shiller PE Ratio : (As of Jun. 06, 2024)


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What is Tirupati Tyres Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tirupati Tyres Shiller PE Ratio Historical Data

The historical data trend for Tirupati Tyres'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.

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Tirupati Tyres Shiller PE Ratio Chart

Tirupati Tyres Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
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Tirupati Tyres Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Tirupati Tyres's Shiller PE Ratio

For the Auto Parts subindustry, Tirupati Tyres'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.


Tirupati Tyres's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tirupati Tyres's Shiller PE Ratio distribution charts can be found below:

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



Tirupati Tyres 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.

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

For example, Tirupati Tyres'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)
=-0.095/153.0345*153.0345
=-0.095

Current CPI (Mar. 2024) = 153.0345.

Tirupati Tyres Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.014 94.103 0.023
201409 0.020 96.780 0.032
201412 0.020 96.780 0.032
201503 0.046 97.163 0.072
201506 0.160 99.841 0.245
201509 0.110 101.753 0.165
201512 0.140 102.901 0.208
201603 -0.116 102.518 -0.173
201606 0.020 105.961 0.029
201609 0.050 105.961 0.072
201612 0.060 105.196 0.087
201703 0.030 105.196 0.044
201706 0.210 107.109 0.300
201709 0.015 109.021 0.021
201712 0.020 109.404 0.028
201803 -0.062 109.786 -0.086
201806 0.010 111.317 0.014
201809 -0.070 115.142 -0.093
201812 -0.340 115.142 -0.452
201903 -0.560 118.202 -0.725
201906 -0.030 120.880 -0.038
201909 -0.300 123.175 -0.373
201912 -0.090 126.235 -0.109
202003 -0.070 124.705 -0.086
202006 -0.050 127.000 -0.060
202009 -0.060 130.118 -0.071
202012 0.100 130.889 0.117
202103 -0.040 131.771 -0.046
202106 -0.020 134.084 -0.023
202109 -0.050 135.847 -0.056
202112 -0.020 138.161 -0.022
202203 0.550 138.822 0.606
202206 0.190 142.347 0.204
202209 0.010 144.661 0.011
202212 0.014 145.763 0.015
202303 0.023 146.865 0.024
202306 0.020 150.280 0.020
202309 0.010 151.492 0.010
202312 0.102 152.924 0.102
202403 -0.095 153.035 -0.095

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.


Tirupati Tyres  (BOM:539040) 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.


Tirupati Tyres Shiller PE Ratio Related Terms

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Tirupati Tyres (BOM:539040) Business Description

Traded in Other Exchanges
N/A
Address
M.A. Road, B1/D, Utkarsh Co-op Housing Society, Andheri West, Mumbai, MH, IND, 400058
Tirupati Tyres Ltd is an India-based company. It is involved in rubber and plastics business sector. The company is engaged in the business of trading in tyres and consultancy.

Tirupati Tyres (BOM:539040) Headlines

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