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Coforge (BOM:532541) Shiller PE Ratio : 58.80 (As of Jun. 02, 2024)


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What is Coforge Shiller PE Ratio?

As of today (2024-06-02), Coforge's current share price is ₹4973.15. Coforge's E10 for the quarter that ended in Mar. 2024 was ₹84.58. Coforge's Shiller PE Ratio for today is 58.80.

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

BOM:532541' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.15   Med: 56.77   Max: 86.29
Current: 58.8

During the past years, Coforge's highest Shiller PE Ratio was 86.29. The lowest was 13.15. And the median was 56.77.

BOM:532541's Shiller PE Ratio is ranked worse than
77.63% of 921 companies
in the Software industry
Industry Median: 30.28 vs BOM:532541: 58.80

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.

Coforge's adjusted earnings per share data for the three months ended in Mar. 2024 was ₹36.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹84.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coforge Shiller PE Ratio Historical Data

The historical data trend for Coforge'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.

Coforge Shiller PE Ratio Chart

Coforge 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 14.57 40.35 67.50 51.02 65.02

Coforge 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 51.02 60.62 64.15 75.96 65.02

Competitive Comparison of Coforge's Shiller PE Ratio

For the Information Technology Services subindustry, Coforge'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.


Coforge's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Coforge's Shiller PE Ratio distribution charts can be found below:

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



Coforge 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.

Coforge's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4973.15/84.58
=58.80

* 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.

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

For example, Coforge'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)
=36.14/153.0345*153.0345
=36.140

Current CPI (Mar. 2024) = 153.0345.

Coforge Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 7.120 94.103 11.579
201409 6.600 96.780 10.436
201412 7.900 96.780 12.492
201503 -2.900 97.163 -4.568
201506 8.900 99.841 13.642
201509 10.600 101.753 15.942
201512 11.300 102.901 16.805
201603 12.900 102.518 19.257
201606 4.630 105.961 6.687
201609 9.580 105.961 13.836
201612 10.160 105.196 14.780
201703 16.320 105.196 23.742
201706 8.330 107.109 11.902
201709 10.900 109.021 15.300
201712 12.230 109.404 17.107
201803 13.890 109.786 19.362
201806 13.800 111.317 18.972
201809 17.940 115.142 23.844
201812 16.090 115.142 21.385
201903 16.910 118.202 21.893
201906 14.050 120.880 17.787
201909 19.120 123.175 23.755
201912 19.690 126.235 23.870
202003 18.120 124.705 22.236
202006 12.710 127.000 15.315
202009 19.610 130.118 23.064
202012 19.770 130.889 23.115
202103 21.420 131.771 24.877
202106 19.940 134.084 22.758
202109 23.650 135.847 26.642
202112 29.580 138.161 32.764
202203 33.350 138.822 36.764
202206 24.140 142.347 25.952
202209 32.410 144.661 34.286
202212 36.690 145.763 38.520
202303 18.360 146.865 19.131
202306 26.540 150.280 27.026
202309 28.980 151.492 29.275
202312 38.060 152.924 38.087
202403 36.140 153.035 36.140

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.


Coforge  (BOM:532541) 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.


Coforge Shiller PE Ratio Related Terms

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


Coforge (BOM:532541) Business Description

Traded in Other Exchanges
Address
Guru Ravi Das Marg, 8, Balaji Estate, Third Floor, Kalkaji, New Delhi, IND, 110 019
Coforge Ltd provides a variety of information technology, or IT, services. The firm's services include infrastructure management, business process, application and network testing, systems integration IP asset-based solutions, and digital services. The company's customers typically operate in the travel and transportation, banking and financial services, insurance, manufacturing, and media industries. The geographical segments of the company include Americas and Canada, Europe, Middle East and Africa, and Asia Pacific.

Coforge (BOM:532541) Headlines

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