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Avis Budget Group (FRA:CUCA) Shiller PE Ratio : 9.38 (As of May. 15, 2024)


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What is Avis Budget Group Shiller PE Ratio?

As of today (2024-05-15), Avis Budget Group's current share price is €114.00. Avis Budget Group's E10 for the quarter that ended in Mar. 2024 was €12.16. Avis Budget Group's Shiller PE Ratio for today is 9.38.

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

FRA:CUCA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.3   Med: 24.56   Max: 3552
Current: 9.73

During the past years, Avis Budget Group's highest Shiller PE Ratio was 3552.00. The lowest was 5.30. And the median was 24.56.

FRA:CUCA's Shiller PE Ratio is ranked better than
83.14% of 522 companies
in the Business Services industry
Industry Median: 19.775 vs FRA:CUCA: 9.73

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.

Avis Budget Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €-2.953. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €12.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avis Budget Group Shiller PE Ratio Historical Data

The historical data trend for Avis Budget Group'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.

Avis Budget Group Shiller PE Ratio Chart

Avis Budget Group 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 15.59 34.79 63.69 18.39 13.15

Avis Budget Group 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 19.69 20.54 14.07 13.15 9.31

Competitive Comparison of Avis Budget Group's Shiller PE Ratio

For the Rental & Leasing Services subindustry, Avis Budget Group'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.


Avis Budget Group's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avis Budget Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Avis Budget Group's Shiller PE Ratio falls into.



Avis Budget Group 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.

Avis Budget Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=114.00/12.16
=9.38

* 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.

Avis Budget Group's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Avis Budget Group'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)
=-2.953/129.4194*129.4194
=-2.953

Current CPI (Mar. 2024) = 129.4194.

Avis Budget Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.177 100.560 0.228
201409 1.350 100.428 1.740
201412 0.170 99.070 0.222
201503 -0.083 99.621 -0.108
201506 1.194 100.684 1.535
201509 1.577 100.392 2.033
201512 -0.055 99.792 -0.071
201603 -0.476 100.470 -0.613
201606 0.338 101.688 0.430
201609 2.031 101.861 2.580
201612 -0.332 101.863 -0.422
201703 -1.169 102.862 -1.471
201706 0.036 103.349 0.045
201709 2.441 104.136 3.034
201712 2.239 104.011 2.786
201803 -0.876 105.290 -1.077
201806 0.274 106.317 0.334
201809 2.297 106.507 2.791
201812 0.141 105.998 0.172
201903 -1.062 107.251 -1.282
201906 0.717 108.070 0.859
201909 2.270 108.329 2.712
201912 1.710 108.420 2.041
202003 -1.955 108.902 -2.323
202006 -6.136 108.767 -7.301
202009 0.535 109.815 0.631
202012 -1.060 109.897 -1.248
202103 -2.041 111.754 -2.364
202106 4.673 114.631 5.276
202109 8.883 115.734 9.933
202112 5.868 117.630 6.456
202203 8.817 121.301 9.407
202206 14.862 125.017 15.385
202209 21.887 125.227 22.620
202212 9.534 125.222 9.854
202303 7.210 127.348 7.327
202306 10.162 128.729 10.217
202309 15.723 129.860 15.670
202312 6.511 129.419 6.511
202403 -2.953 129.419 -2.953

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.


Avis Budget Group  (FRA:CUCA) 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.


Avis Budget Group Shiller PE Ratio Related Terms

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


Avis Budget Group (FRA:CUCA) Business Description

Traded in Other Exchanges
Address
6 Sylvan Way, Parsippany, NJ, USA, 07054
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.

Avis Budget Group (FRA:CUCA) Headlines

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