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Mermeren Kombinat AD (ATH:MERKO) Shiller PE Ratio : 14.04 (As of May. 29, 2024)


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What is Mermeren Kombinat AD Shiller PE Ratio?

As of today (2024-05-29), Mermeren Kombinat AD's current share price is €48.00. Mermeren Kombinat AD's E10 for the quarter that ended in Mar. 2024 was €3.42. Mermeren Kombinat AD's Shiller PE Ratio for today is 14.04.

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

ATH:MERKO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.27   Med: 13.27   Max: 13.27
Current: 13.27

During the past years, Mermeren Kombinat AD's highest Shiller PE Ratio was 13.27. The lowest was 13.27. And the median was 13.27.

ATH:MERKO's Shiller PE Ratio is ranked better than
69.13% of 379 companies
in the Metals & Mining industry
Industry Median: 22.28 vs ATH:MERKO: 13.27

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.

Mermeren Kombinat AD's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.698. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mermeren Kombinat AD Shiller PE Ratio Historical Data

The historical data trend for Mermeren Kombinat AD'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.

Mermeren Kombinat AD Shiller PE Ratio Chart

Mermeren Kombinat AD Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Mermeren Kombinat AD Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 13.27

Competitive Comparison of Mermeren Kombinat AD's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Mermeren Kombinat AD'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.


Mermeren Kombinat AD's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mermeren Kombinat AD's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mermeren Kombinat AD's Shiller PE Ratio falls into.



Mermeren Kombinat AD 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.

Mermeren Kombinat AD's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=48.00/3.42
=14.04

* 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.

Mermeren Kombinat AD's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Mermeren Kombinat AD's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.698/131.7762*131.7762
=0.698

Current CPI (Mar. 2024) = 131.7762.

Mermeren Kombinat AD Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201503 0.225 99.621 0.298
201506 0.322 100.684 0.421
201509 0.384 100.392 0.504
201512 0.128 99.792 0.169
201603 -0.039 100.470 -0.051
201606 0.117 101.688 0.152
201609 0.377 101.861 0.488
201612 0.291 101.863 0.376
201703 0.320 102.862 0.410
201706 0.722 103.349 0.921
201709 0.862 104.136 1.091
201712 0.393 104.011 0.498
201803 0.984 105.290 1.232
201806 1.347 106.317 1.670
201809 1.627 106.507 2.013
201812 0.981 105.998 1.220
201903 0.472 107.251 0.580
201906 1.033 108.070 1.260
201909 1.363 108.329 1.658
201912 1.490 108.420 1.811
202003 0.072 108.902 0.087
202006 0.744 108.767 0.901
202009 0.795 109.815 0.954
202012 0.188 109.897 0.225
202103 0.304 111.754 0.358
202106 1.138 114.631 1.308
202109 0.956 115.734 1.089
202112 0.791 117.630 0.886
202203 0.501 121.301 0.544
202206 0.875 125.017 0.922
202209 0.772 125.227 0.812
202212 0.858 125.222 0.903
202303 0.477 127.348 0.494
202306 0.857 128.729 0.877
202309 0.674 129.860 0.684
202312 0.941 129.419 0.958
202403 0.698 131.776 0.698

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.


Mermeren Kombinat AD  (ATH:MERKO) 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.


Mermeren Kombinat AD Shiller PE Ratio Related Terms

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Mermeren Kombinat AD (ATH:MERKO) Business Description

Traded in Other Exchanges
N/A
Address
Lece Koteski No.60A, Prilep, MKD, 7500
Mermeren Kombinat AD is a company engaged in the mining, processing, and distribution of marble and decorative stones. Its products are used in high-end projects, including mosques, hotels, palaces, commercial and residential buildings, villas and artworks. The business activity of the group functions through Quarry and Factory segments. It generates a vast majority of revenue from the Quarry segment. Geographically, the business presences of the firm are seen in North Macedonia, China, Hong Kong, Greece, Italy, Balkan, and other regions.

Mermeren Kombinat AD (ATH:MERKO) Headlines

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