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Affiliated Managers Group (Affiliated Managers Group) Shiller PE Ratio : 13.64 (As of Apr. 24, 2024)


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What is Affiliated Managers Group Shiller PE Ratio?

As of today (2024-04-24), Affiliated Managers Group's current share price is $162.07. Affiliated Managers Group's E10 for the quarter that ended in Dec. 2023 was $11.88. Affiliated Managers Group's Shiller PE Ratio for today is 13.64.

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

AMG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.74   Med: 23.87   Max: 70.45
Current: 13.64

During the past years, Affiliated Managers Group's highest Shiller PE Ratio was 70.45. The lowest was 7.74. And the median was 23.87.

AMG's Shiller PE Ratio is ranked worse than
56.13% of 759 companies
in the Asset Management industry
Industry Median: 12.65 vs AMG: 13.64

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.

Affiliated Managers Group's adjusted earnings per share data for the three months ended in Dec. 2023 was $5.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $11.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Affiliated Managers Group Shiller PE Ratio Historical Data

The historical data trend for Affiliated Managers Group'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.

Affiliated Managers Group Shiller PE Ratio Chart

Affiliated Managers Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.45 15.67 20.82 14.89 12.75

Affiliated Managers Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 14.89 12.93 13.26 11.07 12.75

Competitive Comparison of Affiliated Managers Group's Shiller PE Ratio

For the Asset Management subindustry, Affiliated Managers Group'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.


Affiliated Managers Group's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Affiliated Managers Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Affiliated Managers Group's Shiller PE Ratio falls into.



Affiliated Managers Group 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.

Affiliated Managers Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=162.07/11.88
=13.64

* 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.

Affiliated Managers Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Affiliated Managers Group's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.15/129.4194*129.4194
=5.150

Current CPI (Dec. 2023) = 129.4194.

Affiliated Managers Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.400 99.695 1.817
201406 1.750 100.560 2.252
201409 1.820 100.428 2.345
201412 3.020 99.070 3.945
201503 2.280 99.621 2.962
201506 2.310 100.684 2.969
201509 1.960 100.392 2.527
201512 2.720 99.792 3.528
201603 1.900 100.470 2.447
201606 1.980 101.688 2.520
201609 2.020 101.861 2.567
201612 2.670 101.863 3.392
201703 2.130 102.862 2.680
201706 2.220 103.349 2.780
201709 2.220 104.136 2.759
201712 5.500 104.011 6.844
201803 2.770 105.290 3.405
201806 2.160 106.317 2.629
201809 2.340 106.507 2.843
201812 -2.880 105.998 -3.516
201903 -3.870 107.251 -4.670
201906 2.110 108.070 2.527
201909 1.710 108.329 2.043
201912 0.460 108.420 0.549
202003 -0.330 108.902 -0.392
202006 0.650 108.767 0.773
202009 1.530 109.815 1.803
202012 2.500 109.897 2.944
202103 3.410 111.754 3.949
202106 2.550 114.631 2.879
202109 3.000 115.734 3.355
202112 4.170 117.630 4.588
202203 3.470 121.301 3.702
202206 2.680 125.017 2.774
202209 2.800 125.227 2.894
202212 17.400 125.222 17.983
202303 3.440 127.348 3.496
202306 3.250 128.729 3.267
202309 5.480 129.860 5.461
202312 5.150 129.419 5.150

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.


Affiliated Managers Group  (NYSE:AMG) 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.


Affiliated Managers Group Shiller PE Ratio Related Terms

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


Affiliated Managers Group (Affiliated Managers Group) Business Description

Traded in Other Exchanges
N/A
Address
777 South Flagler Drive, West Palm Beach, FL, USA, 33401
Affiliated Managers Group offers investment strategies to investors through its network of affiliates. The firm typically buys a majority interest in small to midsize boutique asset managers, receiving a fixed percentage of revenue from these firms in return. Affiliates operate independently, with AMG providing strategic, operational, and technology support, as well as global distribution. At the end of September 2023, AMG's affiliate network—which includes firms like AQR Capital Management, and Pantheon in alternative assets and other products (which accounted for 36% of AUM), Artemis, Genesis, Harding Loevner, and Tweedy Browne in global and emerging-market equities (27%) and Frontier, River Road, Parnassus, and Yacktman in U.S. equities (21%)—had $635.8 billion in managed assets.
Executives
Loren M Starr director
Reuben Iii Jeffery director C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DR., STE. 1401 E TOWER, WEST PALM BEACH FL 33401
Tracy P. Palandjian director SOCIAL FINANCE, INC., 200 STATE STREET, 14TH FLOOR, BOSTON MA 02109
John R Erickson officer: Head of Affiliate Engagement C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401
Rizwan M Jamal officer: Head of Affiliate Investments C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401
Jay C. Horgen director, officer: President and CEO AFFILIATED MANAGERS GROUP, INC., 777 S. FLAGLER DR., SUITE 1201 E. TOWER, WEST PALM BEACH FL 33401
Dwight D. Churchill director 44 GAGE ROAD, BEDFORD NH 03110
David Christopher Ryan director C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401
Matos Rodriguez Felix V. director C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401
Tracy A Atkinson director MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Hugh Cutler officer: EVP, Global Distribution C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401
Thomas M Wojcik officer: Chief Financial Officer C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401
Samuel T Byrne director CROSSHARBOR CAPITAL PARTNERS, ONE BOSTON PLACE, SUITE 2300, BOSTON MA 02108
Sean M Healey director, officer: Executive Chairman C/O AFFILIATED MANAGERS GROUP INC, 777 S. FLAGLER DR., SUITE 1201 E. TOWER, WEST PALM BEACH FL 33401
David M. Billings officer: General Counsel and Secretary C/O AFFILIATED MANAGERS GROUP, INC., 600 HALE ST., PO BOX 1000, PRIDES CROSSING MA 01965

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