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AIA Engineering (NSE:AIAENG) Shiller PE Ratio : 45.27 (As of May. 29, 2024)


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What is AIA Engineering Shiller PE Ratio?

As of today (2024-05-29), AIA Engineering's current share price is ₹3686.85. AIA Engineering's E10 for the quarter that ended in Mar. 2024 was ₹81.45. AIA Engineering's Shiller PE Ratio for today is 45.27.

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

NSE:AIAENG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.99   Med: 34.71   Max: 55.25
Current: 45.87

During the past years, AIA Engineering's highest Shiller PE Ratio was 55.25. The lowest was 19.99. And the median was 34.71.

NSE:AIAENG's Shiller PE Ratio is ranked worse than
74.69% of 1758 companies
in the Industrial Products industry
Industry Median: 25.555 vs NSE:AIAENG: 45.87

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.

AIA Engineering's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹27.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹81.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AIA Engineering Shiller PE Ratio Historical Data

The historical data trend for AIA Engineering'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.

AIA Engineering Shiller PE Ratio Chart

AIA Engineering Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.94 37.25 26.52 40.27 48.07

AIA Engineering 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 40.27 42.40 44.91 45.69 48.07

Competitive Comparison of AIA Engineering's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, AIA Engineering'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.


AIA Engineering's Shiller PE Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where AIA Engineering's Shiller PE Ratio falls into.



AIA Engineering 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.

AIA Engineering's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3686.85/81.45
=45.27

* 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.

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

For example, AIA Engineering'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)
=27.63/153.0345*153.0345
=27.630

Current CPI (Mar. 2024) = 153.0345.

AIA Engineering Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 10.090 94.103 16.409
201409 11.460 96.780 18.121
201412 12.200 96.780 19.291
201503 11.950 97.163 18.822
201506 11.690 99.841 17.918
201509 10.520 101.753 15.822
201512 10.760 102.901 16.002
201603 15.470 102.518 23.093
201606 11.560 105.961 16.696
201609 11.910 105.961 17.201
201612 12.760 105.196 18.563
201703 12.210 105.196 17.763
201706 9.380 107.109 13.402
201709 9.170 109.021 12.872
201712 12.310 109.404 17.219
201803 16.140 109.786 22.498
201806 11.140 111.317 15.315
201809 12.830 115.142 17.052
201812 13.670 115.142 18.169
201903 16.520 118.202 21.388
201906 14.890 120.880 18.851
201909 16.140 123.175 20.053
201912 16.550 126.235 20.063
202003 15.010 124.705 18.420
202006 13.710 127.000 16.520
202009 15.260 130.118 17.948
202012 16.870 130.889 19.724
202103 14.180 131.771 16.468
202106 15.830 134.084 18.067
202109 14.590 135.847 16.436
202112 14.650 138.161 16.227
202203 20.630 138.822 22.742
202206 20.190 142.347 21.706
202209 25.950 144.661 27.452
202212 37.370 145.763 39.234
202303 28.430 146.865 29.624
202306 28.870 150.280 29.399
202309 34.260 151.492 34.609
202312 29.640 152.924 29.661
202403 27.630 153.035 27.630

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.


AIA Engineering  (NSE:AIAENG) 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.


AIA Engineering Shiller PE Ratio Related Terms

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AIA Engineering (NSE:AIAENG) Business Description

Traded in Other Exchanges
Address
Off. S. G. Highway, Sindhu Bhavan Road, 11-12, Sigma Corporates, Behind HOF Showroom, Bodakdev, Ahmedabad, GJ, IND, 380054
AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.

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