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PNB Housing Finance (NSE:PNBHOUSING) Shiller PE Ratio : 15.84 (As of May. 08, 2024)


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What is PNB Housing Finance Shiller PE Ratio?

As of today (2024-05-08), PNB Housing Finance's current share price is ₹759.80. PNB Housing Finance's E10 for the fiscal year that ended in Mar24 was ₹47.97. PNB Housing Finance's Shiller PE Ratio for today is 15.84.

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

NSE:PNBHOUSING' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.43   Med: 10.69   Max: 22.76
Current: 16.13

During the past 13 years, PNB Housing Finance's highest Shiller PE Ratio was 22.76. The lowest was 7.43. And the median was 10.69.

NSE:PNBHOUSING's Shiller PE Ratio is ranked worse than
81.2% of 1133 companies
in the Banks industry
Industry Median: 10.38 vs NSE:PNBHOUSING: 16.13

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.

PNB Housing Finance's adjusted earnings per share data of for the fiscal year that ended in Mar24 was ₹58.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹47.97 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


PNB Housing Finance Shiller PE Ratio Historical Data

The historical data trend for PNB Housing Finance'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.

PNB Housing Finance Shiller PE Ratio Chart

PNB Housing Finance 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 - 10.16 8.82 10.18 13.13

PNB Housing Finance 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 10.18 - - - 13.13

Competitive Comparison of PNB Housing Finance's Shiller PE Ratio

For the Mortgage Finance subindustry, PNB Housing Finance'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.


PNB Housing Finance's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PNB Housing Finance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PNB Housing Finance's Shiller PE Ratio falls into.



PNB Housing Finance 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.

PNB Housing Finance's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=759.80/47.97
=15.84

* 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.

PNB Housing Finance's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, PNB Housing Finance'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)
=58.2/153.2548*153.2548
=58.200

Current CPI (Mar24) = 153.2548.

PNB Housing Finance Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 12.478 97.163 19.682
201603 20.990 102.518 31.378
201703 29.941 105.196 43.620
201803 41.362 109.786 57.739
201903 58.606 118.202 75.986
202003 31.813 124.705 39.096
202103 45.769 131.771 53.231
202203 41.023 138.822 45.288
202303 53.160 146.865 55.473
202403 58.200 153.255 58.200

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.


PNB Housing Finance  (NSE:PNBHOUSING) 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.


PNB Housing Finance Shiller PE Ratio Related Terms

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PNB Housing Finance (NSE:PNBHOUSING) Business Description

Traded in Other Exchanges
Address
22 Kasturba Gandhi Marg, 9th Floor, Antriksh Bhavan, New Delhi, IND, 110 001
PNB Housing Finance Ltd is an India-based housing finance company. It is engaged in the business of providing loans for the purchase, construction, repairs, and renovations of houses, flats, and commercial properties. The company also provides loans for commercial space, loan against property and loan for the purchase of residential plots. Geographically, it operates only in India. It generates revenue from Interest income and Fees and commission income.

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