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Reinet Investments SCA (JSE:RNI) Shiller PE Ratio : 14.76 (As of Jun. 04, 2024)


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What is Reinet Investments SCA Shiller PE Ratio?

As of today (2024-06-04), Reinet Investments SCA's current share price is R490.59. Reinet Investments SCA's E10 for the fiscal year that ended in Mar24 was R33.23. Reinet Investments SCA's Shiller PE Ratio for today is 14.76.

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

JSE:RNI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.58   Med: 10.57   Max: 17.91
Current: 14.88

During the past 13 years, Reinet Investments SCA's highest Shiller PE Ratio was 17.91. The lowest was 5.58. And the median was 10.57.

JSE:RNI's Shiller PE Ratio is ranked worse than
61.24% of 756 companies
in the Asset Management industry
Industry Median: 12.78 vs JSE:RNI: 14.88

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.

Reinet Investments SCA's adjusted earnings per share data of for the fiscal year that ended in Mar24 was R58.488. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R33.23 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reinet Investments SCA Shiller PE Ratio Historical Data

The historical data trend for Reinet Investments SCA'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.

Reinet Investments SCA Shiller PE Ratio Chart

Reinet Investments SCA Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.25 10.15 12.64 13.99 13.76

Reinet Investments SCA Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 12.64 - 13.99 - 13.76

Competitive Comparison of Reinet Investments SCA's Shiller PE Ratio

For the Asset Management subindustry, Reinet Investments SCA'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.


Reinet Investments SCA's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Reinet Investments SCA's Shiller PE Ratio falls into.



Reinet Investments SCA 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.

Reinet Investments SCA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=490.59/33.23
=14.76

* 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.

Reinet Investments SCA's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Reinet Investments SCA's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=58.488/122.5900*122.5900
=58.488

Current CPI (Mar24) = 122.5900.

Reinet Investments SCA Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 66.198 99.980 81.168
201603 15.242 100.030 18.680
201703 57.347 101.780 69.072
201803 -62.788 102.900 -74.803
201903 -12.346 105.140 -14.395
202003 -32.984 106.040 -38.132
202103 98.164 108.140 111.281
202203 53.875 114.780 57.541
202303 -12.905 118.910 -13.304
202403 58.488 122.590 58.488

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.


Reinet Investments SCA  (JSE:RNI) 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.


Reinet Investments SCA Shiller PE Ratio Related Terms

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Reinet Investments SCA (JSE:RNI) Business Description

Traded in Other Exchanges
Address
35, Boulevard Prince Henri, Luxembourg, LUX, L-1724
Reinet Investments SCA is a Luxembourg-based closed-end, specialized investment fund (SIF). Its primary investment objective is to achieve long-term capital growth. The company focuses on investing in a wide range of asset classes, including listed and unlisted equities, bonds, real estate, and derivative instruments. It adopts a strategy to work with experienced partners to invest in unique opportunities focusing on value creation for investors. The company's principal source of earnings is the returns in the form of income and capital gains from the investments made through Reinet Fund and its subsidiaries.

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