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easyJet (easyJet) Shiller PE Ratio : 16.05 (As of Apr. 29, 2024)


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What is easyJet Shiller PE Ratio?

As of today (2024-04-29), easyJet's current share price is $6.74. easyJet's E10 for the fiscal year that ended in Sep23 was $0.42. easyJet's Shiller PE Ratio for today is 16.05.

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

ESYJY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.11   Med: 14.97   Max: 46.71
Current: 15.46

During the past 13 years, easyJet's highest Shiller PE Ratio was 46.71. The lowest was 5.11. And the median was 14.97.

ESYJY's Shiller PE Ratio is ranked better than
56.11% of 565 companies
in the Transportation industry
Industry Median: 17.19 vs ESYJY: 15.46

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.

easyJet's adjusted earnings per share data of for the fiscal year that ended in Sep23 was $0.528. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.42 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


easyJet Shiller PE Ratio Historical Data

The historical data trend for easyJet'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.

easyJet Shiller PE Ratio Chart

easyJet Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.37 7.41 14.09 7.21 12.27

easyJet Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 14.09 - 7.21 - 12.27

Competitive Comparison of easyJet's Shiller PE Ratio

For the Airlines subindustry, easyJet'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.


easyJet's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, easyJet's Shiller PE Ratio distribution charts can be found below:

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



easyJet 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.

easyJet's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.74/0.42
=16.05

* 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.

easyJet's E10 for the fiscal year that ended in Sep23 is calculated as:

For example, easyJet's adjusted earnings per share data for the fiscal year that ended in Sep23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.528/130.1000*130.1000
=0.528

Current CPI (Sep23) = 130.1000.

easyJet Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 1.844 100.000 2.399
201509 2.117 100.200 2.749
201609 1.447 101.500 1.855
201709 1.024 104.300 1.277
201809 1.179 106.600 1.439
201909 1.087 108.400 1.305
202009 -2.887 109.200 -3.440
202109 -2.184 112.400 -2.528
202209 -0.254 122.300 -0.270
202309 0.528 130.100 0.528

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.


easyJet  (OTCPK:ESYJY) 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.


easyJet Shiller PE Ratio Related Terms

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


easyJet (easyJet) Business Description

Traded in Other Exchanges
Address
Hangar 89, London Luton Airport, Luton, Bedfordshire, GBR, LU2 9PF
easyJet PLC is a European low-cost carrier with a focus on Western European markets. The company employs a low-cost no-frills model to offer low fares to customers on short-haul routes. Its operating segment includes Airline that operates easyJet's route network and Holidays that sells holiday packages. It generates maximum revenue from the Airline segment. Geographically, it derives a majority of its revenue from the United Kingdom.

easyJet (easyJet) Headlines

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