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GAM Holding AG (GAM Holding AG) Shiller PE Ratio

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Shiller PE for Stocks: The True Measure of Stock Valuation


GAM Holding AG Shiller PE Ratio Historical Data

The historical data trend for GAM Holding AG'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.

GAM Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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GAM Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Asset Management subindustry, GAM Holding AG'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.


GAM Holding AG Shiller PE Ratio Distribution

For the Asset Management industry and Financial Services sector, GAM Holding AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where GAM Holding AG's Shiller PE Ratio falls into.



GAM Holding AG 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.

GAM Holding AG's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, GAM Holding AG's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.601/106.4611*106.4611
=-0.601

Current CPI (Dec23) = 106.4611.

GAM Holding AG Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.036 100.704 1.095
201512 0.864 99.386 0.926
201612 0.834 99.380 0.893
201712 0.790 100.213 0.839
201812 -5.948 100.906 -6.275
201912 -0.020 101.063 -0.021
202012 -2.792 100.241 -2.965
202112 -0.163 101.776 -0.171
202212 -1.997 104.666 -2.031
202312 -0.601 106.461 -0.601

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.


GAM Holding AG  (OTCPK:GMHLF) 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.


GAM Holding AG Shiller PE Ratio Related Terms

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GAM Holding AG (GAM Holding AG) Business Description

Traded in Other Exchanges
Address
Hardstrasse 201, Zurich, CHE, CH-8037
GAM Holding AG is a global asset manager with products that cater to institutions, intermediaries, and private clients. Customers are offered directional and absolute return strategies across an array of asset classes and strategies. In addition to an asset-management business, clients are offered private labeling services, such as fund administration and management company services. Asset management services are distributed through the GAM and Julius Bae brands and include investment advice from internal and external professionals.

GAM Holding AG (GAM Holding AG) Headlines

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