GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Diversified Royalty Corp (FRA:BEW) » Definitions » Shiller PE Ratio

Diversified Royalty (FRA:BEW) Shiller PE Ratio : 20.60 (As of May. 05, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Diversified Royalty Shiller PE Ratio?

As of today (2024-05-05), Diversified Royalty's current share price is €1.854. Diversified Royalty's E10 for the quarter that ended in Dec. 2023 was €0.09. Diversified Royalty's Shiller PE Ratio for today is 20.60.

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

FRA:BEW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.91   Med: 28   Max: 89.33
Current: 22.57

During the past years, Diversified Royalty's highest Shiller PE Ratio was 89.33. The lowest was 12.91. And the median was 28.00.

FRA:BEW's Shiller PE Ratio is ranked worse than
64.52% of 341 companies
in the Conglomerates industry
Industry Median: 16.02 vs FRA:BEW: 22.57

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.

Diversified Royalty's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.041. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diversified Royalty Shiller PE Ratio Historical Data

The historical data trend for Diversified Royalty'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.

Diversified Royalty Shiller PE Ratio Chart

Diversified Royalty 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 29.44 44.79 27.45 33.13 21.70

Diversified Royalty 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 33.13 30.88 25.86 21.64 21.70

Competitive Comparison of Diversified Royalty's Shiller PE Ratio

For the Conglomerates subindustry, Diversified Royalty'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.


Diversified Royalty's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Diversified Royalty's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Diversified Royalty's Shiller PE Ratio falls into.



Diversified Royalty 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.

Diversified Royalty's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.854/0.09
=20.60

* 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.

Diversified Royalty's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Diversified Royalty'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)
=0.041/125.4675*125.4675
=0.041

Current CPI (Dec. 2023) = 125.4675.

Diversified Royalty Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.007 98.604 -0.009
201406 -0.034 99.473 -0.043
201409 0.148 99.394 0.187
201412 0.014 98.367 0.018
201503 0.015 99.789 0.019
201506 0.007 100.500 0.009
201509 0.020 100.421 0.025
201512 0.007 99.947 0.009
201603 0.014 101.054 0.017
201606 0.021 102.002 0.026
201609 -0.002 101.765 -0.002
201612 0.028 101.449 0.035
201703 0.014 102.634 0.017
201706 0.020 103.029 0.024
201709 0.020 103.345 0.024
201712 0.020 103.345 0.024
201803 0.013 105.004 0.016
201806 0.020 105.557 0.024
201809 0.020 105.636 0.024
201812 0.007 105.399 0.008
201903 0.013 106.979 0.015
201906 0.020 107.690 0.023
201909 0.027 107.611 0.031
201912 0.027 107.769 0.031
202003 -0.065 107.927 -0.076
202006 0.013 108.401 0.015
202009 -0.006 108.164 -0.007
202012 0.006 108.559 0.007
202103 0.020 110.298 0.023
202106 0.027 111.720 0.030
202109 0.034 112.905 0.038
202112 0.041 113.774 0.045
202203 0.036 117.646 0.038
202206 0.044 120.806 0.046
202209 0.038 120.648 0.040
202212 -0.028 120.964 -0.029
202303 0.034 122.702 0.035
202306 0.042 124.203 0.042
202309 0.035 125.230 0.035
202312 0.041 125.468 0.041

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.


Diversified Royalty  (FRA:BEW) 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.


Diversified Royalty Shiller PE Ratio Related Terms

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


Diversified Royalty (FRA:BEW) Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.

Diversified Royalty (FRA:BEW) Headlines

No Headlines