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Kalyani Forge (NSE:KALYANIFRG) Shiller PE Ratio : 66.23 (As of May. 28, 2024)


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What is Kalyani Forge Shiller PE Ratio?

As of today (2024-05-28), Kalyani Forge's current share price is ₹431.85. Kalyani Forge's E10 for the quarter that ended in Dec. 2023 was ₹6.52. Kalyani Forge's Shiller PE Ratio for today is 66.23.

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

NSE:KALYANIFRG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.25   Med: 34.93   Max: 86.97
Current: 67

During the past years, Kalyani Forge's highest Shiller PE Ratio was 86.97. The lowest was 11.25. And the median was 34.93.

NSE:KALYANIFRG's Shiller PE Ratio is ranked worse than
88.82% of 832 companies
in the Vehicles & Parts industry
Industry Median: 17.415 vs NSE:KALYANIFRG: 67.00

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.

Kalyani Forge's adjusted earnings per share data for the three months ended in Dec. 2023 was ₹4.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹6.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kalyani Forge Shiller PE Ratio Historical Data

The historical data trend for Kalyani Forge'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.

Kalyani Forge Shiller PE Ratio Chart

Kalyani Forge 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 - - - 17.13 30.39

Kalyani Forge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 35.53 30.39 38.67 81.57 62.86

Competitive Comparison of Kalyani Forge's Shiller PE Ratio

For the Auto Parts subindustry, Kalyani Forge'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.


Kalyani Forge's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Kalyani Forge's Shiller PE Ratio falls into.



Kalyani Forge 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.

Kalyani Forge's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=431.85/6.52
=66.23

* 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.

Kalyani Forge's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Kalyani Forge's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.16/152.9243*152.9243
=4.160

Current CPI (Dec. 2023) = 152.9243.

Kalyani Forge Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.570 91.425 0.953
201406 0.740 94.103 1.203
201409 0.800 96.780 1.264
201412 -4.640 96.780 -7.332
201503 -3.120 97.163 -4.911
201506 1.380 99.841 2.114
201509 2.830 101.753 4.253
201512 2.250 102.901 3.344
201603 -3.440 102.518 -5.131
201606 2.420 105.961 3.493
201609 4.740 105.961 6.841
201612 4.530 105.196 6.585
201703 0.050 105.196 0.073
201706 1.380 107.109 1.970
201709 3.480 109.021 4.881
201712 2.170 109.404 3.033
201803 11.020 109.786 15.350
201806 3.840 111.317 5.275
201809 6.380 115.142 8.474
201812 5.280 115.142 7.013
201903 3.680 118.202 4.761
201906 1.370 120.880 1.733
201909 1.080 123.175 1.341
201912 -7.290 126.235 -8.831
202003 -14.190 124.705 -17.401
202006 -4.620 127.000 -5.563
202009 -6.290 130.118 -7.392
202012 7.050 130.889 8.237
202103 -0.990 131.771 -1.149
202106 2.190 134.084 2.498
202109 3.000 135.847 3.377
202112 1.330 138.161 1.472
202203 2.090 138.822 2.302
202206 3.170 142.347 3.406
202209 -2.970 144.661 -3.140
202212 7.630 145.763 8.005
202303 2.090 146.865 2.176
202306 2.830 150.280 2.880
202309 3.580 151.492 3.614
202312 4.160 152.924 4.160

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.


Kalyani Forge  (NSE:KALYANIFRG) 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.


Kalyani Forge Shiller PE Ratio Related Terms

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


Kalyani Forge (NSE:KALYANIFRG) Business Description

Traded in Other Exchanges
Address
Shangrila Gardens, 1st Floor, C Wing, Opposite Bund Garden, Pune, MH, IND, 411 001
Kalyani Forge Ltd is an engineering company. The company is engaged in providing forged, machined components and assembled products. It serves industries such as automotive, construction, mining, infrastructure, power, marine, railways, agriculture and other industries. The company's product includes Engine Parts, Chassis System, Turbocharger, Transmission, Driveline, and Steering and Suspension. It services include Hot Forging, Cold and Warm Forging, Precision Machining and Finishing, Heat Treatment, Die Manufacturing, and others.

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