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Sikko Industries (NSE:SIKKO) Shiller PE Ratio : 85.41 (As of Jun. 07, 2024)


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What is Sikko Industries Shiller PE Ratio?

As of today (2024-06-07), Sikko Industries's current share price is ₹93.95. Sikko Industries's E10 for the fiscal year that ended in Mar23 was ₹1.10. Sikko Industries's Shiller PE Ratio for today is 85.41.

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

NSE:SIKKO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.78   Med: 50.23   Max: 78.49
Current: 78.49

During the past 12 years, Sikko Industries's highest Shiller PE Ratio was 78.49. The lowest was 17.78. And the median was 50.23.

NSE:SIKKO's Shiller PE Ratio is ranked worse than
94.27% of 157 companies
in the Agriculture industry
Industry Median: 15.72 vs NSE:SIKKO: 78.49

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.

Sikko Industries's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹1.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹1.10 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sikko Industries Shiller PE Ratio Historical Data

The historical data trend for Sikko Industries'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.

Sikko Industries Shiller PE Ratio Chart

Sikko Industries 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 - - 18.74 35.05 71.68

Sikko Industries Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - 71.68 - -

Competitive Comparison of Sikko Industries's Shiller PE Ratio

For the Agricultural Inputs subindustry, Sikko Industries'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.


Sikko Industries's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sikko Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sikko Industries's Shiller PE Ratio falls into.



Sikko Industries 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.

Sikko Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=93.95/1.1
=85.41

* 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.

Sikko Industries's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Sikko Industries's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=1.72/146.8646*146.8646
=1.720

Current CPI (Mar23) = 146.8646.

Sikko Industries Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.073 91.425 1.724
201503 -0.023 97.163 -0.035
201603 -0.319 102.518 -0.457
201703 0.333 105.196 0.465
201803 0.710 109.786 0.950
201903 1.197 118.202 1.487
202003 1.450 124.705 1.708
202103 1.497 131.771 1.668
202203 1.680 138.822 1.777
202303 1.720 146.865 1.720

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.


Sikko Industries  (NSE:SIKKO) 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.


Sikko Industries Shiller PE Ratio Related Terms

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Sikko Industries (NSE:SIKKO) Business Description

Traded in Other Exchanges
N/A
Address
S. G. Highway, No. 508, Iscon Elegance, Near Prahladnagar Pick up Stand, Near Jain Temple, Vejalpur, Ahmedabad, GJ, IND, 380051
Sikko Industries Ltd operates as manufacturer and supplier of urea, organic fertilizers and other agrochemical products. The company offers products such as seed products, pesticides, agricultural sprayer among others.

Sikko Industries (NSE:SIKKO) Headlines

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