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HDFC Asset Management Co (NSE:HDFCAMC) Shiller PE Ratio : 62.65 (As of May. 14, 2024)


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What is HDFC Asset Management Co Shiller PE Ratio?

As of today (2024-05-14), HDFC Asset Management Co's current share price is ₹3673.15. HDFC Asset Management Co's E10 for the fiscal year that ended in Mar24 was ₹58.63. HDFC Asset Management Co's Shiller PE Ratio for today is 62.65.

The historical rank and industry rank for HDFC Asset Management Co's Shiller PE Ratio or its related term are showing as below:

NSE:HDFCAMC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.92   Med: 38.16   Max: 66.8
Current: 62.07

During the past 11 years, HDFC Asset Management Co's highest Shiller PE Ratio was 66.80. The lowest was 33.92. And the median was 38.16.

NSE:HDFCAMC's Shiller PE Ratio is ranked worse than
94.36% of 762 companies
in the Asset Management industry
Industry Median: 13.025 vs NSE:HDFCAMC: 62.07

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.

HDFC Asset Management Co's adjusted earnings per share data of for the fiscal year that ended in Mar24 was ₹90.890. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹58.63 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


HDFC Asset Management Co Shiller PE Ratio Historical Data

The historical data trend for HDFC Asset Management Co'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.

HDFC Asset Management Co Shiller PE Ratio Chart

HDFC Asset Management Co 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 - - - 33.92 64.03

HDFC Asset Management Co 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 33.92 - - - 64.03

Competitive Comparison of HDFC Asset Management Co's Shiller PE Ratio

For the Asset Management subindustry, HDFC Asset Management Co'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.


HDFC Asset Management Co's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HDFC Asset Management Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where HDFC Asset Management Co's Shiller PE Ratio falls into.



HDFC Asset Management Co 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.

HDFC Asset Management Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3673.15/58.63
=62.65

* 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.

HDFC Asset Management Co's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, HDFC Asset Management Co's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=90.89/153.2548*153.2548
=90.890

Current CPI (Mar24) = 153.2548.

HDFC Asset Management Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 20.270 97.163 31.972
201603 23.070 102.518 34.487
201703 25.500 105.196 37.150
201803 34.467 109.786 48.114
201903 43.780 118.202 56.763
202003 59.240 124.705 72.802
202103 62.160 131.771 72.295
202203 65.310 138.822 72.100
202303 66.710 146.865 69.613
202403 90.890 153.255 90.890

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.


HDFC Asset Management Co  (NSE:HDFCAMC) 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.


HDFC Asset Management Co Shiller PE Ratio Related Terms

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HDFC Asset Management Co (NSE:HDFCAMC) Business Description

Traded in Other Exchanges
Address
H.T. Parekh Marg, HDFC House, 2nd Floor, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020
HDFC Asset Management Co Ltd is an asset management company. The company is in the business of providing asset management services to HDFC Mutual Fund and portfolio management and advisory services to clients. Geographically, it derives a majority of revenue from within India.

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