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Mercury NZ (STU:MRY) Shiller PE Ratio : 34.40 (As of May. 02, 2024)


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What is Mercury NZ Shiller PE Ratio?

As of today (2024-05-02), Mercury NZ's current share price is €3.44. Mercury NZ's E10 for the fiscal year that ended in Jun23 was €0.10. Mercury NZ's Shiller PE Ratio for today is 34.40.

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

STU:MRY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 30.88   Med: 35.75   Max: 39.44
Current: 35.71

During the past 11 years, Mercury NZ's highest Shiller PE Ratio was 39.44. The lowest was 30.88. And the median was 35.75.

STU:MRY's Shiller PE Ratio is ranked worse than
77.49% of 191 companies
in the Utilities - Independent Power Producers industry
Industry Median: 19.6 vs STU:MRY: 35.71

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.

Mercury NZ's adjusted earnings per share data of for the fiscal year that ended in Jun23 was €0.042. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.10 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercury NZ Shiller PE Ratio Historical Data

The historical data trend for Mercury NZ'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.

Mercury NZ Shiller PE Ratio Chart

Mercury NZ Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 32.93 36.27

Mercury NZ Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - 32.93 - 36.27

Competitive Comparison of Mercury NZ's Shiller PE Ratio

For the Utilities - Renewable subindustry, Mercury NZ'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.


Mercury NZ's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's Shiller PE Ratio distribution charts can be found below:

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



Mercury NZ 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.

Mercury NZ's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.44/0.1
=34.40

* 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.

Mercury NZ's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Mercury NZ's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.042/125.8458*125.8458
=0.042

Current CPI (Jun23) = 125.8458.

Mercury NZ Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.093 99.646 0.117
201506 0.021 100.063 0.026
201606 0.073 100.480 0.091
201706 0.086 102.231 0.106
201806 0.101 103.764 0.122
201906 0.153 105.502 0.183
202006 0.087 107.035 0.102
202106 0.061 110.614 0.069
202206 0.206 118.690 0.218
202306 0.042 125.846 0.042

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.


Mercury NZ  (STU:MRY) 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.


Mercury NZ Shiller PE Ratio Related Terms

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


Mercury NZ (STU:MRY) Business Description

Traded in Other Exchanges
Address
33 Broadway, The Mercury Building, P O Box 90399, Newmarket, Auckland, NTL, NZL, 1142
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.

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