GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Airo Lam Ltd (NSE:AIROLAM) » Definitions » Shiller PE Ratio

Airo Lam (NSE:AIROLAM) Shiller PE Ratio : 45.94 (As of May. 16, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Airo Lam Shiller PE Ratio?

As of today (2024-05-16), Airo Lam's current share price is ₹152.05. Airo Lam's E10 for the fiscal year that ended in Mar23 was ₹3.31. Airo Lam's Shiller PE Ratio for today is 45.94.

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

NSE:AIROLAM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.76   Med: 22.86   Max: 46.83
Current: 46.83

During the past 11 years, Airo Lam's highest Shiller PE Ratio was 46.83. The lowest was 19.76. And the median was 22.86.

NSE:AIROLAM's Shiller PE Ratio is ranked worse than
82.38% of 261 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 19.94 vs NSE:AIROLAM: 46.83

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.

Airo Lam's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹4.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹3.31 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airo Lam Shiller PE Ratio Historical Data

The historical data trend for Airo Lam'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.

Airo Lam Shiller PE Ratio Chart

Airo Lam 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 - - - 23.81 19.74

Airo Lam Quarterly Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - 19.74 -

Competitive Comparison of Airo Lam's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, Airo Lam'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.


Airo Lam's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Airo Lam's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Airo Lam's Shiller PE Ratio falls into.



Airo Lam 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.

Airo Lam's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=152.05/3.31
=45.94

* 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.

Airo Lam's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Airo Lam's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=4.93/146.8646*146.8646
=4.930

Current CPI (Mar23) = 146.8646.

Airo Lam Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.351 91.425 2.170
201503 1.460 97.163 2.207
201603 1.524 102.518 2.183
201703 1.723 105.196 2.405
201803 2.510 109.786 3.358
201903 2.820 118.202 3.504
202003 3.180 124.705 3.745
202103 3.640 131.771 4.057
202203 4.320 138.822 4.570
202303 4.930 146.865 4.930

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.


Airo Lam  (NSE:AIROLAM) 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.


Airo Lam Shiller PE Ratio Related Terms

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


Airo Lam (NSE:AIROLAM) Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 355, Nananpur Approach Road, N.H. No.8, Tahsil-Prantij, Himmatnagar, Dalpur, Sabarkantha, GJ, IND, 383120
Airo Lam Ltd is engaged in the manufacturing of High-Pressure decorative laminates. Its products are used in kitchen furniture, workshops, bathroom furniture, interior doors, and interior wall linings.

Airo Lam (NSE:AIROLAM) Headlines

No Headlines