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Danaos (Danaos) Shiller PE Ratio : 7.33 (As of Apr. 26, 2024)


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What is Danaos Shiller PE Ratio?

As of today (2024-04-26), Danaos's current share price is $73.98. Danaos's E10 for the quarter that ended in Dec. 2023 was $10.09. Danaos's Shiller PE Ratio for today is 7.33.

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

DAC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.89   Med: 7.09   Max: 96.49
Current: 7.33

During the past years, Danaos's highest Shiller PE Ratio was 96.49. The lowest was 2.89. And the median was 7.09.

DAC's Shiller PE Ratio is ranked better than
88.14% of 565 companies
in the Transportation industry
Industry Median: 17.1 vs DAC: 7.33

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.

Danaos's adjusted earnings per share data for the three months ended in Dec. 2023 was $7.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $10.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Danaos Shiller PE Ratio Historical Data

The historical data trend for Danaos'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.

Danaos Shiller PE Ratio Chart

Danaos 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 - - 24.73 7.08 7.34

Danaos 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 7.08 6.79 7.73 7.17 7.34

Competitive Comparison of Danaos's Shiller PE Ratio

For the Marine Shipping subindustry, Danaos'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.


Danaos's Shiller PE Ratio Distribution in the Transportation Industry

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

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



Danaos 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.

Danaos's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=73.98/10.09
=7.33

* 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.

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

For example, Danaos'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)
=7.67/116.4647*116.4647
=7.670

Current CPI (Dec. 2023) = 116.4647.

Danaos Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.120 102.748 1.270
201406 2.100 103.060 2.373
201409 2.800 102.624 3.178
201412 -6.580 100.254 -7.644
201503 3.920 100.549 4.540
201506 4.900 100.838 5.659
201509 5.320 100.856 6.143
201512 0.840 100.087 0.977
201603 5.600 99.041 6.585
201606 5.740 100.121 6.677
201609 -1.120 99.878 -1.306
201612 -56.980 100.110 -66.289
201703 2.380 100.770 2.751
201706 2.520 101.138 2.902
201709 2.800 100.882 3.233
201712 2.860 100.762 3.306
201803 1.910 100.534 2.213
201806 0.740 102.121 0.844
201809 10.760 101.982 12.288
201812 -19.250 101.330 -22.125
201903 2.190 101.482 2.513
201906 1.970 101.837 2.253
201909 2.200 101.906 2.514
201912 1.730 102.120 1.973
202003 1.170 101.479 1.343
202006 1.550 100.239 1.801
202009 1.730 99.886 2.017
202012 2.000 99.751 2.335
202103 14.470 99.817 16.883
202106 18.100 101.270 20.816
202109 10.550 102.095 12.035
202112 8.040 104.853 8.930
202203 16.000 108.651 17.151
202206 0.400 113.517 0.410
202209 3.290 114.371 3.350
202212 7.530 112.428 7.800
202303 7.180 113.620 7.360
202306 7.320 115.515 7.380
202309 6.760 116.234 6.773
202312 7.670 116.465 7.670

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.


Danaos  (NYSE:DAC) 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.


Danaos Shiller PE Ratio Related Terms

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


Danaos (Danaos) Business Description

Traded in Other Exchanges
Address
c/o Danaos Shipping Co. Ltd, 14 Akti Kondyli, Piraeus, GRC, 185 45
Danaos Corp is an international owner of containerships. It provides international seaborne transportation services by operating vessels in the containership sector of the shipping industry. The company's customer includes CMA-CGM, Hyundai Merchant Marine, MSC, Yang Ming, Hapag Lloyd, ZIM, Maersk, COSCO, OOCL, Evergreen, KMTC, SITC, Niledutch, Samudera and ONE; and for Gemini, MSC, CMA-CGM, Hapag Lloyd and TS Lines. Geographically, the company operates in Australia-Asia, Europe, and America, with maximum revenue from the Australia-Asia region.

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