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Mercedes-Benz Group AG (BSE:DAI) Shiller PE Ratio : 6.28 (As of May. 13, 2024)


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What is Mercedes-Benz Group AG Shiller PE Ratio?

As of today (2024-05-13), Mercedes-Benz Group AG's current share price is lei338.00. Mercedes-Benz Group AG's E10 for the quarter that ended in Mar. 2024 was lei53.84. Mercedes-Benz Group AG's Shiller PE Ratio for today is 6.28.

The historical rank and industry rank for Mercedes-Benz Group AG's Shiller PE Ratio or its related term are showing as below:

BSE:DAI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.82   Med: 9.12   Max: 19.46
Current: 6.33

During the past years, Mercedes-Benz Group AG's highest Shiller PE Ratio was 19.46. The lowest was 2.82. And the median was 9.12.

BSE:DAI's Shiller PE Ratio is ranked better than
92.14% of 827 companies
in the Vehicles & Parts industry
Industry Median: 17.9 vs BSE:DAI: 6.33

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.

Mercedes-Benz Group AG's adjusted earnings per share data for the three months ended in Mar. 2024 was lei14.338. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is lei53.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercedes-Benz Group AG Shiller PE Ratio Historical Data

The historical data trend for Mercedes-Benz Group 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.

Mercedes-Benz Group AG Shiller PE Ratio Chart

Mercedes-Benz Group AG 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 6.15 7.37 8.07 6.33 5.90

Mercedes-Benz Group AG 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 6.90 7.14 6.25 5.90 6.86

Competitive Comparison of Mercedes-Benz Group AG's Shiller PE Ratio

For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.


Mercedes-Benz Group AG's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Shiller PE Ratio falls into.



Mercedes-Benz Group 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.

Mercedes-Benz Group AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=338.00/53.84
=6.28

* 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.

Mercedes-Benz Group AG's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Mercedes-Benz Group AG'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)
=14.338/123.6675*123.6675
=14.338

Current CPI (Mar. 2024) = 123.6675.

Mercedes-Benz Group AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 12.345 99.543 15.337
201409 15.216 99.823 18.851
201412 5.858 99.543 7.278
201503 9.135 99.717 11.329
201506 10.974 100.417 13.515
201509 11.544 100.417 14.217
201512 8.441 99.717 10.468
201603 6.472 100.017 8.002
201606 11.764 100.717 14.445
201609 12.579 101.017 15.400
201612 9.779 101.217 11.948
201703 11.790 101.417 14.377
201706 11.816 102.117 14.310
201709 11.050 102.717 13.304
201712 15.993 102.617 19.274
201803 12.057 102.917 14.488
201806 8.675 104.017 10.314
201809 8.503 104.718 10.042
201812 7.661 104.217 9.091
201903 10.215 104.217 12.121
201906 -6.462 105.718 -7.559
201909 8.178 106.018 9.539
201912 -0.512 105.818 -0.598
202003 0.459 105.718 0.537
202006 -9.713 106.618 -11.266
202009 10.376 105.818 12.126
202012 18.292 105.518 21.438
202103 22.018 107.518 25.325
202106 18.671 108.486 21.284
202109 12.534 109.435 14.164
202112 61.601 110.384 69.014
202203 16.559 113.968 17.968
202206 14.188 115.760 15.157
202209 16.714 118.818 17.396
202212 18.175 119.345 18.833
202303 18.222 122.402 18.410
202306 16.690 123.140 16.761
202309 16.933 124.195 16.861
202312 15.039 123.668 15.039
202403 14.338 123.668 14.338

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.


Mercedes-Benz Group AG  (BSE:DAI) 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.


Mercedes-Benz Group AG Shiller PE Ratio Related Terms

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


Mercedes-Benz Group AG (BSE:DAI) Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).

Mercedes-Benz Group AG (BSE:DAI) Headlines

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