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Kotak Mahindra Bank (NSE:KOTAKBANK) Shiller PE Ratio : 30.95 (As of May. 20, 2024)


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What is Kotak Mahindra Bank Shiller PE Ratio?

As of today (2024-05-20), Kotak Mahindra Bank's current share price is ₹1696.55. Kotak Mahindra Bank's E10 for the quarter that ended in Mar. 2024 was ₹54.81. Kotak Mahindra Bank's Shiller PE Ratio for today is 30.95.

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

NSE:KOTAKBANK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 28.18   Med: 49.4   Max: 96.47
Current: 30.95

During the past years, Kotak Mahindra Bank's highest Shiller PE Ratio was 96.47. The lowest was 28.18. And the median was 49.40.

NSE:KOTAKBANK's Shiller PE Ratio is ranked worse than
94.91% of 1140 companies
in the Banks industry
Industry Median: 10.405 vs NSE:KOTAKBANK: 30.95

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.

Kotak Mahindra Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹26.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹54.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kotak Mahindra Bank Shiller PE Ratio Historical Data

The historical data trend for Kotak Mahindra Bank'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.

Kotak Mahindra Bank Shiller PE Ratio Chart

Kotak Mahindra Bank 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 65.11 86.76 44.84 37.37 32.57

Kotak Mahindra Bank 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 37.37 37.81 34.14 36.12 32.57

Competitive Comparison of Kotak Mahindra Bank's Shiller PE Ratio

For the Banks - Regional subindustry, Kotak Mahindra Bank'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.


Kotak Mahindra Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kotak Mahindra Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kotak Mahindra Bank's Shiller PE Ratio falls into.



Kotak Mahindra Bank 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.

Kotak Mahindra Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1696.55/54.81
=30.95

* 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.

Kotak Mahindra Bank's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Kotak Mahindra Bank'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)
=26.65/153.0345*153.0345
=26.650

Current CPI (Mar. 2024) = 153.0345.

Kotak Mahindra Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 4.525 94.103 7.359
201409 4.650 96.780 7.353
201412 4.630 96.780 7.321
201503 5.900 97.163 9.293
201506 2.820 99.841 4.322
201509 5.400 101.753 8.121
201512 5.150 102.901 7.659
201603 5.753 102.518 8.588
201606 5.800 105.961 8.377
201609 6.540 105.961 9.445
201612 6.880 105.196 10.009
201703 7.620 105.196 11.085
201706 7.190 107.109 10.273
201709 7.560 109.021 10.612
201712 8.520 109.404 11.918
201803 9.380 109.786 13.075
201806 8.250 111.317 11.342
201809 9.150 115.142 12.161
201812 9.660 115.142 12.839
201903 10.510 118.202 13.607
201906 10.110 120.880 12.799
201909 12.590 123.175 15.642
201912 12.280 126.235 14.887
202003 9.710 124.705 11.916
202006 9.560 127.000 11.520
202009 14.890 130.118 17.512
202012 13.140 130.889 15.363
202103 12.850 131.771 14.924
202106 9.110 134.084 10.398
202109 15.060 135.847 16.965
202112 17.150 138.161 18.996
202203 19.400 138.822 21.386
202206 13.880 142.347 14.922
202209 18.170 144.661 19.222
202212 20.110 145.763 21.113
202303 22.780 146.865 23.737
202306 20.890 150.280 21.273
202309 22.450 151.492 22.679
202312 21.460 152.924 21.475
202403 26.650 153.035 26.650

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.


Kotak Mahindra Bank  (NSE:KOTAKBANK) 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.


Kotak Mahindra Bank Shiller PE Ratio Related Terms

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


Kotak Mahindra Bank (NSE:KOTAKBANK) Business Description

Traded in Other Exchanges
Address
27BKC, C-27, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
Kotak Mahindra Bank Ltd is an Indian banking and finance group offering personal finance solutions, transaction banking, operating lending verticals, managing IPOs, and providing working capital loans. The company's operating segment includes Treasury, (Balance Sheet Management Unit)BMU and Corporate Centre, Retail Banking, Corporate/Wholesale Banking, Vehicle Financing, Other Lending Activities, Broking, Advisory and Transactional Services, Asset Management, and Insurance. It generates the highest revenue from the Retail Banking segment. Some of its services include Savings Account, Safe Deposit Locker, Recurring Deposit, Sweep-In Facility, Debit and Credit Cards, Home Loan, Education Loan, Loan Against Securities, Life Insurance, Portfolio Management Service and others.

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