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Phoenix Mills (NSE:PHOENIXLTD) Shiller PE Ratio : 115.74 (As of May. 23, 2024)


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What is Phoenix Mills Shiller PE Ratio?

As of today (2024-05-23), Phoenix Mills's current share price is ₹3221.00. Phoenix Mills's E10 for the quarter that ended in Mar. 2024 was ₹27.83. Phoenix Mills's Shiller PE Ratio for today is 115.74.

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

NSE:PHOENIXLTD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.8   Med: 66.68   Max: 113.5
Current: 113.5

During the past years, Phoenix Mills's highest Shiller PE Ratio was 113.50. The lowest was 15.80. And the median was 66.68.

NSE:PHOENIXLTD's Shiller PE Ratio is ranked worse than
95.46% of 1079 companies
in the Real Estate industry
Industry Median: 11.23 vs NSE:PHOENIXLTD: 113.50

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.

Phoenix Mills's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹18.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹27.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phoenix Mills Shiller PE Ratio Historical Data

The historical data trend for Phoenix Mills'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.

Phoenix Mills Shiller PE Ratio Chart

Phoenix Mills 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 - 41.72 68.99 58.86 99.99

Phoenix Mills 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 58.86 65.85 73.70 85.94 99.99

Competitive Comparison of Phoenix Mills's Shiller PE Ratio

For the Real Estate - Diversified subindustry, Phoenix Mills'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.


Phoenix Mills's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Phoenix Mills's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Phoenix Mills's Shiller PE Ratio falls into.



Phoenix Mills 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.

Phoenix Mills's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3221.00/27.83
=115.74

* 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.

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

For example, Phoenix Mills'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)
=18.05/153.0345*153.0345
=18.050

Current CPI (Mar. 2024) = 153.0345.

Phoenix Mills Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.750 94.103 2.846
201409 1.440 96.780 2.277
201412 2.970 96.780 4.696
201503 -3.720 97.163 -5.859
201506 2.520 99.841 3.863
201509 2.630 101.753 3.955
201512 2.970 102.901 4.417
201603 0.440 102.518 0.657
201606 2.810 105.961 4.058
201609 3.550 105.961 5.127
201612 2.910 105.196 4.233
201703 1.700 105.196 2.473
201706 2.770 107.109 3.958
201709 2.730 109.021 3.832
201712 4.250 109.404 5.945
201803 6.030 109.786 8.405
201806 3.890 111.317 5.348
201809 4.030 115.142 5.356
201812 4.610 115.142 6.127
201903 14.870 118.202 19.252
201906 8.480 120.880 10.736
201909 4.280 123.175 5.318
201912 5.970 126.235 7.237
202003 3.040 124.705 3.731
202006 -2.760 127.000 -3.326
202009 -2.210 130.118 -2.599
202012 4.180 130.889 4.887
202103 3.860 131.771 4.483
202106 -1.520 134.084 -1.735
202109 3.250 135.847 3.661
202112 5.540 138.161 6.136
202203 5.870 138.822 6.471
202206 40.230 142.347 43.250
202209 10.390 144.661 10.991
202212 9.860 145.763 10.352
202303 14.226 146.865 14.824
202306 13.450 150.280 13.697
202309 14.150 151.492 14.294
202312 15.660 152.924 15.671
202403 18.050 153.035 18.050

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.


Phoenix Mills  (NSE:PHOENIXLTD) 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.


Phoenix Mills Shiller PE Ratio Related Terms

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


Phoenix Mills (NSE:PHOENIXLTD) Business Description

Traded in Other Exchanges
Address
Off. Dr. E. Moses Road, R. R. Hosiery Building, 2nd Floor, Shree Laxmi Woollen Mills Estate, Mahalaxmi, Mumbai, MH, IND, 400 011
Phoenix Mills Ltd is a real estate development company operating in India. The group's development strategy includes converting land underlying abandoned mills into modern, multi-use, integrated property. The group is involved in all aspects of development, including planning, construction, and marketing, as well as management, maintenance, and sales of the complete development. These properties include retail, hospitality, commercial, and residential complexes. The majority of the company's revenue is derived from license fees and rental income. Its segments comprise Property and related services segment that provide mall /office areas on a license basis and development of commercial/residential properties. The Hospitality segment engages in the operation of hotels and restaurants.

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