GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken Holding NV (OTCPK:HKHHF) » Definitions » Shiller PE Ratio
中文

Heineken Holding NV (Heineken Holding NV) Shiller PE Ratio : 19.04 (As of Apr. 24, 2024)


View and export this data going back to 2009. Start your Free Trial

Heineken Holding NV Shiller PE Ratio Definition

As of today (2024-04-24), Heineken Holding NV's current share price is $80.53. Heineken Holding NV's E10 for the fiscal year that ended in Dec23 was $4.23. Heineken Holding NV's Shiller PE Ratio for today is 19.04.

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

HKHHF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.05   Med: 24.87   Max: 31.46
Current: 19.64

During the past 13 years, Heineken Holding NV's highest Shiller PE Ratio was 31.46. The lowest was 18.05. And the median was 24.87.

HKHHF's Shiller PE Ratio is ranked better than
59.09% of 132 companies
in the Beverages - Alcoholic industry
Industry Median: 23.325 vs HKHHF: 19.64

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.

Heineken Holding NV's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $4.493. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.23 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heineken Holding NV Shiller PE Ratio Historical Data

The historical data trend for Heineken Holding NV'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.

Heineken Holding NV Shiller PE Ratio Chart

Heineken Holding NV 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 25.33 24.88 22.87 19.47 19.89

Heineken Holding NV 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 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 22.87 - 19.47 - 19.89

Competitive Comparison of Heineken Holding NV's Shiller PE Ratio

For the Beverages - Brewers subindustry, Heineken Holding NV'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.


Heineken Holding NV's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken Holding NV's Shiller PE Ratio distribution charts can be found below:

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



Heineken Holding NV 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.

Heineken Holding NV's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=80.53/4.23
=19.04

* 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.

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

For example, Heineken Holding NV'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)
=4.493/126.4000*126.4000
=4.493

Current CPI (Dec23) = 126.4000.

Heineken Holding NV Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 3.255 99.050 4.154
201512 3.617 99.730 4.584
201612 2.848 100.710 3.574
201712 4.012 101.970 4.973
201812 3.811 103.970 4.633
201912 4.189 106.800 4.958
202012 -0.438 107.850 -0.513
202112 6.520 114.010 7.229
202212 4.936 124.940 4.994
202312 4.493 126.400 4.493

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.


Heineken Holding NV  (OTCPK:HKHHF) 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.


Heineken Holding NV Shiller PE Ratio Related Terms

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


Heineken Holding NV (Heineken Holding NV) Business Description

Address
Tweede Weteringplantsoen 5, Amsterdam, NH, NLD, 1017 ZD
Heineken Holding NV holds more than 50% of Heineken NV's issued shares. It does not engage in operational activities and generates income almost exclusively by receiving Heineken dividends. Heineken Holding NV has five segments: Europe, Americas, Africa, Middle East & Eastern Europe, and Asia-Pacific. Heineken NV brews and sells more than 200 brands of beer in nearly 200 countries. Notable brands include Heineken, Amstel, Dos Equis, Tecate, Goldberg, Red Stripe, Legunitas, and Tiger. Close to half of Heineken NV's revenue comes from Europe, and nearly one third of its revenue comes from the Americas. The remaining revenue is split among the Asia-Pacific, Africa, and Middle East and Eastern Europe regions.