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Frontline Ltd (OSTO:FROo)
Shiller P/E Ratio
(As of Today)

As of today, Frontline Ltd's current share price is Kr57.50. Frontline Ltd's E10 for the quarter that ended in Sep. 2016 was Kr0.00. Frontline Ltd's Shiller P/E Ratio for today is .

OSTO:FROO' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 0.32   Max: 10.08
Current: 0.74

0.32
10.08

During the past 13 years, Frontline Ltd's highest Shiller P/E Ratio was 10.08. The lowest was 0.32. And the median was 1.22.

OSTO:FROO's Shiller P/E Ratio is ranked higher than
99% of the 216 Companies
in the Global Shipping & Ports industry.

( Industry Median: 20.49 vs. OSTO:FROO: 0.74 )

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.

Frontline Ltd's adjusted earnings per share data for the three months ended in Sep. 2016 was Kr0.287. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is Kr0.00 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.

Frontline Ltd's Shiller P/E Ratio for today is calculated as

 Shiller P/E Ratio = Share Price / E10 = 57.50 / 0.00 =

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

Frontline Ltd's E10 for the fiscal year that ended in Dec15 is calculated as:

For example, Frontline Ltd'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) = 0.286885245902 / 241.428 * 241.428 = 0.287

Current CPI (Sep. 2016) = 241.428.

Frontline Ltd Quarterly Data

 201406 201409 201412 201503 201506 201509 201512 201603 201606 201609 per share eps -24.066 -19.06 65.066 0.719 1.563 4.391 4.043 4.237 0.831 0.287 CPI 238.343 238.031 234.812 236.119 238.638 237.945 236.525 238.132 241.018 241.428 Adj_EPS -24.378 -19.332 66.899 0.736 1.581 4.455 4.127 4.296 0.832 0.287 201112 201203 201206 201209 201212 201303 201306 201309 201312 201403 per share eps -129.912 2.568 -46.302 -18.103 -5.889 -6.936 -45.535 -13.723 72.454 -3.801 CPI 225.672 229.392 229.478 231.407 229.601 232.773 233.504 234.149 233.049 236.293 Adj_EPS -138.982 2.703 -48.713 -18.887 -6.192 -7.194 -47.08 -14.15 75.059 -3.884 200906 200909 200912 201003 201006 201009 201012 201103 201106 201109 per share eps 11.509 -2.065 1.443 30.195 33.657 0.967 46.798 5.59 -12.235 -60.045 CPI 215.693 215.969 215.949 217.631 217.965 218.439 219.179 223.467 225.722 226.889 Adj_EPS 12.882 -2.308 1.613 33.497 37.28 1.069 51.549 6.039 -13.086 -63.893 200612 200703 200706 200709 200712 200803 200806 200809 200812 200903 per share eps 55.659 65.071 75.285 39.111 73.707 75.999 105.018 39.442 21.754 33.243 CPI 201.8 205.352 208.352 208.49 210.036 213.528 218.815 218.783 210.228 212.709 Adj_EPS 66.588 76.502 87.236 45.29 84.724 85.929 115.871 43.524 24.983 37.731

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

Historical Data

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

Frontline Ltd Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 ShillerPE 5.83 7.82 4.22 4.00 3.74 0.76 0.60 0.77 0.74 1.23

Frontline Ltd Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 ShillerPE 0.69 0.33 0.74 0.75 0.87 1.01 1.23 0.80 0.77 0.00
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