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Industrivarden AB (FRA:IDV1) Shiller PE Ratio : 11.03 (As of May. 18, 2024)


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What is Industrivarden AB Shiller PE Ratio?

As of today (2024-05-18), Industrivarden AB's current share price is €30.77. Industrivarden AB's E10 for the quarter that ended in Mar. 2024 was €2.79. Industrivarden AB's Shiller PE Ratio for today is 11.03.

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

FRA:IDV1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.28   Med: 11.32   Max: 18.9
Current: 11.43

During the past years, Industrivarden AB's highest Shiller PE Ratio was 18.90. The lowest was 8.28. And the median was 11.32.

FRA:IDV1's Shiller PE Ratio is ranked better than
60.61% of 759 companies
in the Asset Management industry
Industry Median: 13.06 vs FRA:IDV1: 11.43

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.

Industrivarden AB's adjusted earnings per share data for the three months ended in Mar. 2024 was €3.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrivarden AB Shiller PE Ratio Historical Data

The historical data trend for Industrivarden 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.

Industrivarden AB Shiller PE Ratio Chart

Industrivarden 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 11.80 15.67 9.93 9.90 11.12

Industrivarden AB 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 10.70 10.60 10.81 11.12 11.57

Competitive Comparison of Industrivarden AB's Shiller PE Ratio

For the Asset Management subindustry, Industrivarden 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.


Industrivarden AB's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Industrivarden AB's Shiller PE Ratio distribution charts can be found below:

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



Industrivarden 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.

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

Shiller PE Ratio=Share Price/ E10
=30.77/2.79
=11.03

* 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.

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

For example, Industrivarden AB'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)
=3.38/132.2054*132.2054
=3.380

Current CPI (Mar. 2024) = 132.2054.

Industrivarden AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.254 100.432 -0.334
201409 -0.408 100.161 -0.539
201412 0.512 100.225 0.675
201503 2.826 99.950 3.738
201506 -0.607 99.995 -0.803
201509 -1.627 100.228 -2.146
201512 0.111 100.276 0.146
201603 0.690 100.751 0.905
201606 -0.057 101.019 -0.075
201609 1.612 101.138 2.107
201612 1.402 102.022 1.817
201703 2.503 102.022 3.244
201706 0.759 102.752 0.977
201709 0.366 103.279 0.469
201712 0.104 103.793 0.132
201803 0.341 103.962 0.434
201806 0.254 104.875 0.320
201809 1.403 105.679 1.755
201812 -3.879 105.912 -4.842
201903 3.344 105.886 4.175
201906 1.316 106.742 1.630
201909 -0.725 107.214 -0.894
201912 2.597 107.766 3.186
202003 -3.916 106.563 -4.858
202006 2.764 107.498 3.399
202009 1.210 107.635 1.486
202012 2.003 108.296 2.445
202103 4.154 108.360 5.068
202106 -0.134 108.928 -0.163
202109 -1.546 110.338 -1.852
202112 3.544 112.486 4.165
202203 -4.355 114.825 -5.014
202206 -1.510 118.384 -1.686
202209 -1.321 122.296 -1.428
202212 3.987 126.365 4.171
202303 2.438 127.042 2.537
202306 0.311 129.407 0.318
202309 -0.413 130.224 -0.419
202312 3.223 131.912 3.230
202403 3.380 132.205 3.380

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.


Industrivarden AB  (FRA:IDV1) 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.


Industrivarden AB Shiller PE Ratio Related Terms

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


Industrivarden AB (FRA:IDV1) Business Description

Address
Storgatan 10, Stockholm, SWE, 114 51
Industrivarden AB is an asset management firm with a long-term, activist orientation. The company's stated investment goal is to increase net asset value and generate returns in excess of the market cost of capital. Industrivarden makes investments in Nordic companies it can influence through corporate governance actions. It benchmarks its performance relative to the average return of the Stockholm Stock Exchange. The firm counts many public and private pension managers, foundations, and retail investors as its client base. Its security selection criteria emphasize enduring business models with promising growth prospects at an attractive valuation.

Industrivarden AB (FRA:IDV1) Headlines

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