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Concentric AB (FRA:2DN) Shiller PE Ratio : 22.36 (As of Oct. 31, 2024)


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What is Concentric AB Shiller PE Ratio?

As of today (2024-10-31), Concentric AB's current share price is €19.68. Concentric AB's E10 for the quarter that ended in Jun. 2024 was €0.88. Concentric AB's Shiller PE Ratio for today is 22.36.

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

FRA:2DN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.23   Med: 23.98   Max: 42.58
Current: 23.09

During the past years, Concentric AB's highest Shiller PE Ratio was 42.58. The lowest was 14.23. And the median was 23.98.

FRA:2DN's Shiller PE Ratio is ranked better than
56.97% of 1650 companies
in the Industrial Products industry
Industry Median: 27.07 vs FRA:2DN: 23.09

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.

Concentric AB's adjusted earnings per share data for the three months ended in Jun. 2024 was €0.022. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.88 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Concentric AB Shiller PE Ratio Historical Data

The historical data trend for Concentric AB'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.

Concentric AB Shiller PE Ratio Chart

Concentric AB 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 26.69 28.42 39.27 21.84 18.09

Concentric AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 21.51 16.86 18.09 19.03 18.01

Competitive Comparison of Concentric AB's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Concentric AB'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.


Concentric AB's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Concentric AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Concentric AB's Shiller PE Ratio falls into.



Concentric AB 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.

Concentric AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=19.68/0.88
=22.36

* 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.

Concentric AB's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Concentric AB's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.022/132.7160*132.7160
=0.022

Current CPI (Jun. 2024) = 132.7160.

Concentric AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.159 100.161 0.211
201412 0.155 100.225 0.205
201503 0.227 99.950 0.301
201506 0.155 99.995 0.206
201509 0.167 100.228 0.221
201512 0.143 100.276 0.189
201603 0.157 100.751 0.207
201606 0.163 101.019 0.214
201609 0.151 101.138 0.198
201612 0.159 102.022 0.207
201703 0.191 102.022 0.248
201706 0.190 102.752 0.245
201709 0.186 103.279 0.239
201712 0.207 103.793 0.265
201803 0.221 103.962 0.282
201806 0.229 104.875 0.290
201809 0.262 105.679 0.329
201812 0.286 105.912 0.358
201903 0.231 105.886 0.290
201906 0.222 106.742 0.276
201909 0.156 107.214 0.193
201912 0.179 107.766 0.220
202003 0.147 106.563 0.183
202006 0.042 107.498 0.052
202009 0.102 107.635 0.126
202012 0.228 108.296 0.279
202103 0.186 108.360 0.228
202106 0.222 108.928 0.270
202109 0.235 110.338 0.283
202112 0.229 112.486 0.270
202203 0.324 114.825 0.374
202206 0.333 118.384 0.373
202209 0.307 122.296 0.333
202212 0.266 126.365 0.279
202303 0.284 127.042 0.297
202306 0.270 129.407 0.277
202309 0.199 130.224 0.203
202312 0.207 131.912 0.208
202403 0.237 132.205 0.238
202406 0.022 132.716 0.022

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.


Concentric AB  (FRA:2DN) 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.


Concentric AB Shiller PE Ratio Related Terms

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


Concentric AB Business Description

Traded in Other Exchanges
Address
PO Box 5058, Stockholm, SWE, 102 42
Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

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