GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Balfour Beatty PLC (OTCPK:BAFYY) » Definitions » Shiller PE Ratio

Balfour Beatty (Balfour Beatty) Shiller PE Ratio : 24.01 (As of May. 03, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Balfour Beatty Shiller PE Ratio?

As of today (2024-05-03), Balfour Beatty's current share price is $8.885. Balfour Beatty's E10 for the fiscal year that ended in Dec23 was $0.37. Balfour Beatty's Shiller PE Ratio for today is 24.01.

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

BAFYY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.43   Med: 21.47   Max: 69.2
Current: 26.16

During the past 13 years, Balfour Beatty's highest Shiller PE Ratio was 69.20. The lowest was 5.43. And the median was 21.47.

BAFYY's Shiller PE Ratio is ranked worse than
72.52% of 986 companies
in the Construction industry
Industry Median: 15.725 vs BAFYY: 26.16

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.

Balfour Beatty's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $0.881. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.37 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Balfour Beatty Shiller PE Ratio Historical Data

The historical data trend for Balfour Beatty'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.

Balfour Beatty Shiller PE Ratio Chart

Balfour Beatty 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 31.93 43.58 49.30 34.62 23.21

Balfour Beatty 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 49.30 - 34.62 - 23.21

Competitive Comparison of Balfour Beatty's Shiller PE Ratio

For the Engineering & Construction subindustry, Balfour Beatty'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.


Balfour Beatty's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Balfour Beatty's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Balfour Beatty's Shiller PE Ratio falls into.



Balfour Beatty 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.

Balfour Beatty's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.885/0.37
=24.01

* 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.

Balfour Beatty's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Balfour Beatty'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)
=0.881/130.0000*130.0000
=0.881

Current CPI (Dec23) = 130.0000.

Balfour Beatty Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -0.269 99.900 -0.350
201512 -0.901 100.400 -1.167
201612 0.087 102.200 0.111
201712 0.654 105.000 0.810
201812 0.494 107.100 0.600
201912 0.493 108.500 0.591
202012 0.118 109.400 0.140
202112 0.561 114.700 0.636
202212 1.128 125.300 1.170
202312 0.881 130.000 0.881

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.


Balfour Beatty  (OTCPK:BAFYY) 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.


Balfour Beatty Shiller PE Ratio Related Terms

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


Balfour Beatty (Balfour Beatty) Business Description

Traded in Other Exchanges
Address
5 Churchill Place, Canary Wharf, London, GBR, E14 5HU
Balfour Beatty PLC finances, builds, and maintains infrastructure projects. It develops projects in energy, water, communications, transportation, and other industrial markets. In addition, the company manages construction businesses and provides maintenance and management services in power transmission, utilities infrastructure, road, and rail. Some projects are granted through concessions by government authorities. Balfour Beatty operates three business segments: Construction services (majority of total revenue), Support services, and Infrastructure investments. It will invest directly in infrastructure assets when there are opportunities to manage the projects upon completion and create recurring revenue. The majority of sales are derived from the United Kingdom and the United States.