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Iochpe-Maxion (BSP:MYPK3) Shiller PE Ratio : 13.85 (As of May. 05, 2024)


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What is Iochpe-Maxion Shiller PE Ratio?

As of today (2024-05-05), Iochpe-Maxion's current share price is R$13.02. Iochpe-Maxion's E10 for the quarter that ended in Dec. 2023 was R$0.94. Iochpe-Maxion's Shiller PE Ratio for today is 13.85.

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

BSP:MYPK3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.56   Med: 11.57   Max: 18.52
Current: 13.84

During the past years, Iochpe-Maxion's highest Shiller PE Ratio was 18.52. The lowest was 6.56. And the median was 11.57.

BSP:MYPK3's Shiller PE Ratio is ranked better than
62.68% of 820 companies
in the Vehicles & Parts industry
Industry Median: 17.835 vs BSP:MYPK3: 13.84

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.

Iochpe-Maxion's adjusted earnings per share data for the three months ended in Dec. 2023 was R$-0.049. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iochpe-Maxion Shiller PE Ratio Historical Data

The historical data trend for Iochpe-Maxion'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.

Iochpe-Maxion Shiller PE Ratio Chart

Iochpe-Maxion 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 14.39 15.47 14.60 10.08 13.70

Iochpe-Maxion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 10.08 9.96 11.07 12.84 13.70

Competitive Comparison of Iochpe-Maxion's Shiller PE Ratio

For the Auto Parts subindustry, Iochpe-Maxion'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.


Iochpe-Maxion's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Iochpe-Maxion's Shiller PE Ratio falls into.



Iochpe-Maxion 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.

Iochpe-Maxion's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.02/0.94
=13.85

* 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.

Iochpe-Maxion's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Iochpe-Maxion's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.049/156.2729*156.2729
=-0.049

Current CPI (Dec. 2023) = 156.2729.

Iochpe-Maxion Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.134 90.447 0.232
201406 0.099 91.838 0.168
201409 0.054 92.602 0.091
201412 0.417 94.194 0.692
201503 -0.069 97.799 -0.110
201506 0.730 100.006 1.141
201509 0.025 101.392 0.039
201512 -0.173 104.247 -0.259
201603 0.074 106.979 0.108
201606 -0.076 108.851 -0.109
201609 0.052 109.986 0.074
201612 0.178 110.802 0.251
201703 -0.013 111.869 -0.018
201706 0.222 112.115 0.309
201709 -0.265 112.777 -0.367
201712 0.096 114.068 0.132
201803 -0.092 114.868 -0.125
201806 0.296 117.038 0.395
201809 0.636 117.881 0.843
201812 0.501 118.340 0.662
201903 0.420 120.124 0.546
201906 0.736 120.977 0.951
201909 0.824 121.292 1.062
201912 0.248 123.436 0.314
202003 0.060 124.092 0.076
202006 -2.313 123.557 -2.925
202009 -0.124 125.095 -0.155
202012 -0.851 129.012 -1.031
202103 0.338 131.660 0.401
202106 1.410 133.871 1.646
202109 1.162 137.913 1.317
202112 0.616 141.992 0.678
202203 1.052 146.537 1.122
202206 1.254 149.784 1.308
202209 0.460 147.800 0.486
202212 -0.927 150.207 -0.964
202303 0.113 153.352 0.115
202306 0.393 154.519 0.397
202309 -0.031 155.464 -0.031
202312 -0.049 156.273 -0.049

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.


Iochpe-Maxion  (BSP:MYPK3) 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.


Iochpe-Maxion Shiller PE Ratio Related Terms

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


Iochpe-Maxion (BSP:MYPK3) Business Description

Traded in Other Exchanges
Address
Rua Dr. Othon Barcellos, 83, Cruzeiro, SP, BRA
Iochpe-Maxion SA is a Brazilian company involved in the manufacturing of automobile parts. Its core business is the production of wheels and structural components for light and commercial vehicles and equipment for railways. The company is a world leader in the production of automotive wheels. It has nearly 30 manufacturing facilities located globally and has customers worldwide and operates through three divisions; Maxion Wheels, Maxion Structural Components, and Amsted-Maxion. Maxion Wheels produces and markets a wide range of steel wheels, Maxion Structural Components, we produce struts, sleepers, and chassis assembled for light vehicles and Amsted-Maxion produces freight wagons, railway wheels and castings.

Iochpe-Maxion (BSP:MYPK3) Headlines

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