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Assa Abloy AB (OTCPK:ASAZY)
Shiller P/E Ratio
32.21 (As of Today)

As of today, Assa Abloy AB's current share price is $9.02. Assa Abloy AB's E10 for the quarter that ended in Sep. 2016 was $0.28. Assa Abloy AB's Shiller P/E Ratio for today is 32.21.

ASAZY' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 30.69   Max: 40.17
Current: 34.79

30.69
40.17

During the past 13 years, Assa Abloy AB's highest Shiller P/E Ratio was 40.17. The lowest was 30.69. And the median was 35.24.

ASAZY's Shiller P/E Ratio is ranked lower than
81% of the 47 Companies
in the Global Security & Protection Services industry.

( Industry Median: 20.26 vs. ASAZY: 34.79 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Assa Abloy AB's adjusted earnings per share data for the three months ended in Sep. 2016 was $0.112. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.28 for the trailing ten years ended in Sep. 2016.


Definition

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Assa Abloy AB's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=9.02/0.28
=32.21

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Assa Abloy AB's E10 for the fiscal year that ended in Dec15 is calculated as:

For example, Assa Abloy AB's adjusted earnings per share data for the three months ended in Sep. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=0.111943360176/241.428*241.428
=0.112

Current CPI (Sep. 2016) = 241.428.

Assa Abloy AB Quarterly Data

201406201409201412201503201506201509201512201603201606201609
per share eps 0.1030.110-0.4260.0850.1030.1110.1120.0880.1100.112
CPI 238.343238.031234.812236.119238.638237.945236.525238.132241.018241.428
Adj_EPS 0.1050.112-0.4380.0870.1040.1130.1150.0890.1100.112
201112201203201206201209201212201303201306201309201312201403
per share eps 0.0070.0770.0830.0890.0940.0790.0940.1020.0540.089
CPI 225.672229.392229.478231.407229.601232.773233.504234.149233.049236.293
Adj_EPS 0.0080.0810.0880.0930.0990.0820.0970.1050.0560.091
200906200909200912201003201006201009201012201103201106201109
per share eps 0.0480.1910.0960.0550.0580.1050.0210.0660.0810.111
CPI 215.693215.969215.949217.631217.965218.439219.179223.467225.722226.889
Adj_EPS 0.0540.2140.1080.0610.0650.1160.0230.0720.0870.118
200012200112200212200312200412200512200612200712200812200903
per share eps 0.0470.0470.0660.0290.1580.1460.1150.2320.1360.037
CPI 174.000176.700180.900184.300190.300196.800201.800210.036210.228212.709
Adj_EPS 0.0650.0640.0880.0380.2000.1790.1380.2670.1570.042

Add all the adjusted EPS together and divide 10 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Assa Abloy AB Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ShillerPE 0.000.000.000.000.000.000.000.000.0035.97

Assa Abloy AB Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ShillerPE 0.000.000.000.000.000.0035.9732.2236.3636.10
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