As of today (2024-05-06), ReadSoft AB's current share price is kr55.50. ReadSoft AB's E10 for the fiscal year that ended in Dec13 was kr1.00. ReadSoft AB's Shiller PE Ratio for today is 55.50.
The historical rank and industry rank for ReadSoft AB's Shiller PE Ratio or its related term are showing as below:
LTS:0GQO'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.29 Med: 24.07 Max: 66.28
Current: 64.91
During the past 13 years, ReadSoft AB's highest Shiller PE Ratio was 66.28. The lowest was 19.29. And the median was 24.07.
LTS:0GQO's Shiller PE Ratio is not ranked
in the Software industry.
Industry Median: 31.22
vs LTS:0GQO: 64.91
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.
ReadSoft AB's adjusted earnings per share data of for the fiscal year that ended in Dec13 was kr0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr1.00 for the trailing ten years ended in Dec13.
Shiller PE for Stocks: The True Measure of Stock Valuation
ReadSoft AB Shiller PE Ratio Historical Data
The historical data trend for ReadSoft 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.
Competitive Comparison of ReadSoft AB's Shiller PE Ratio
For the Software - Application subindustry, ReadSoft 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.
ReadSoft AB's Shiller PE Ratio Distribution in the Software Industry
For the Software industry and Technology sector, ReadSoft AB's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where ReadSoft AB's Shiller PE Ratio falls into.
ReadSoft 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.
ReadSoft AB's Shiller PE Ratio for today is calculated as
* 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.
ReadSoft AB's E10 for the fiscal year that ended in Dec13 is calculated as:
For example, ReadSoft AB's adjusted earnings per share data for the fiscal year that ended in Dec13 was:
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.
ReadSoft AB (LTS:0GQO) 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.
ReadSoft AB Shiller PE Ratio Related Terms
Thank you for viewing the detailed overview of ReadSoft AB's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
ReadSoft AB is a Sweden-based company that creates and markets software and services for document automation, processes such as data entry, information verification, document workflows, and e-voicing. The company operates in over 16 countries worldwide, with partnerships in an additional 70. The company offers solutions primarily for industries such as banking, manufacturing, service bureaus, market research, insurance, government, and medical. Major customers include IKEA, Audi, Porsche, Yves Rocher, Swedish Tax, DaimlerChrysler, HSBS Bank, Avon, Bosch, London Underground, New York Transit, Toyota, Volvo, Monoprix, Ericsson, and ING. The company is headquartered in Helsingborg, Sweden. The company offers ReadSoft DOCUMENTS, a complete software platform for document automation. The product incorporates five Automation Areas: Capture, capturing the information in any format and making it ready for electronic processing; Understand, enabling the computer to read, sort, interpret, extract, and index documents electronically; Manage, providing customers with control of electronic documents, including the verification and quality control with archiving and monitoring capabilities; Integrate, integration with the business software; and Interchange, Electronic Data Interchange. Capabilities within each Automation Area are customized to the needs of the customer, and solutions can be expanded to include any required extra capabilities. Also, this software can be integrated with systems such as SAP and Oracle E-Business Suite, Intentia, and IFS. ReadSoft business solutions for specific areas include: ReadSoft Documents for Mailrooms, Documents for EDI, Documents for Invoices, and Documents for Forms. Additionally, the company offers Professional Services such as project management and customization, Solution Optimization, Training, and Technical Support.
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