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Malek Spinning Mills (DHA:MALEKSPIN) Shiller PE Ratio : 16.82 (As of Jun. 03, 2024)


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What is Malek Spinning Mills Shiller PE Ratio?

As of today (2024-06-03), Malek Spinning Mills's current share price is BDT33.80. Malek Spinning Mills's E10 for the quarter that ended in Mar. 2024 was BDT2.01. Malek Spinning Mills's Shiller PE Ratio for today is 16.82.

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

DHA:MALEKSPIN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.07   Med: 15.58   Max: 22.01
Current: 16.78

During the past years, Malek Spinning Mills's highest Shiller PE Ratio was 22.01. The lowest was 13.07. And the median was 15.58.

DHA:MALEKSPIN's Shiller PE Ratio is ranked better than
54.3% of 628 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.75 vs DHA:MALEKSPIN: 16.78

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.

Malek Spinning Mills's adjusted earnings per share data for the three months ended in Mar. 2024 was BDT1.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is BDT2.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malek Spinning Mills Shiller PE Ratio Historical Data

The historical data trend for Malek Spinning Mills'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.

Malek Spinning Mills Shiller PE Ratio Chart

Malek Spinning Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 14.93 16.81

Malek Spinning Mills 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 15.47 16.81 15.66 14.40 18.57

Competitive Comparison of Malek Spinning Mills's Shiller PE Ratio

For the Textile Manufacturing subindustry, Malek Spinning Mills'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.


Malek Spinning Mills's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Malek Spinning Mills's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Malek Spinning Mills's Shiller PE Ratio falls into.



Malek Spinning Mills 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.

Malek Spinning Mills's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=33.80/2.01
=16.82

* 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.

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

For example, Malek Spinning Mills'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)
=1.74/131.7762*131.7762
=1.740

Current CPI (Mar. 2024) = 131.7762.

Malek Spinning Mills Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.650 100.560 0.852
201409 0.460 100.428 0.604
201412 0.380 99.070 0.505
201503 0.400 99.621 0.529
201506 0.810 100.684 1.060
201509 0.320 100.392 0.420
201512 0.420 99.792 0.555
201603 0.490 100.470 0.643
201606 0.295 101.688 0.382
201609 0.200 101.861 0.259
201612 0.330 101.863 0.427
201703 0.270 102.862 0.346
201706 0.240 103.349 0.306
201709 0.110 104.136 0.139
201712 0.390 104.011 0.494
201803 0.340 105.290 0.426
201806 0.333 106.317 0.413
201809 0.270 106.507 0.334
201812 0.520 105.998 0.646
201903 -0.200 107.251 -0.246
201906 0.170 108.070 0.207
201909 0.240 108.329 0.292
201912 0.400 108.420 0.486
202003 -0.430 108.902 -0.520
202006 -1.907 108.767 -2.310
202009 0.430 109.815 0.516
202012 0.620 109.897 0.743
202103 0.990 111.754 1.167
202106 1.378 114.631 1.584
202109 0.870 115.734 0.991
202112 1.100 117.630 1.232
202203 1.030 121.301 1.119
202206 0.810 125.017 0.854
202209 1.210 125.227 1.273
202212 -0.540 125.222 -0.568
202303 -1.810 127.348 -1.873
202306 -0.010 128.729 -0.010
202309 1.900 129.860 1.928
202312 2.160 129.419 2.199
202403 1.740 131.776 1.740

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.


Malek Spinning Mills  (DHA:MALEKSPIN) 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.


Malek Spinning Mills Shiller PE Ratio Related Terms

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


Malek Spinning Mills (DHA:MALEKSPIN) Business Description

Traded in Other Exchanges
N/A
Address
Tower-117, 117/A, Tejgaon Industrial Area, Dhaka, BGD, 1208
Malek Spinning Mills Ltd is engaged in producing combed and carded yarn. Some of its products include greige yarn, denim fabric, knitted garments, sweater garments, and denim garments.

Malek Spinning Mills (DHA:MALEKSPIN) Headlines

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