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Investor AB (MIL:1INVEB) Shiller PE Ratio : 11.40 (As of May. 16, 2024)


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What is Investor AB Shiller PE Ratio?

As of today (2024-05-16), Investor AB's current share price is €23.945. Investor AB's E10 for the quarter that ended in Mar. 2024 was €2.10. Investor AB's Shiller PE Ratio for today is 11.40.

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

MIL:1INVEB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.12   Med: 10.58   Max: 13.48
Current: 11.68

During the past years, Investor AB's highest Shiller PE Ratio was 13.48. The lowest was 6.12. And the median was 10.58.

MIL:1INVEB's Shiller PE Ratio is ranked better than
58.16% of 760 companies
in the Asset Management industry
Industry Median: 13.02 vs MIL:1INVEB: 11.68

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.

Investor AB's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.933. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investor AB Shiller PE Ratio Historical Data

The historical data trend for Investor 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.

Investor AB Shiller PE Ratio Chart

Investor 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 10.41 11.65 11.55 9.99 10.35

Investor 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 10.61 9.85 9.93 10.35 11.07

Competitive Comparison of Investor AB's Shiller PE Ratio

For the Asset Management subindustry, Investor 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.


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

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

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



Investor 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.

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

Shiller PE Ratio=Share Price/ E10
=23.945/2.1
=11.40

* 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.

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

For example, Investor 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)
=1.933/132.2054*132.2054
=1.933

Current CPI (Mar. 2024) = 132.2054.

Investor AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.417 100.432 0.549
201409 0.498 100.161 0.657
201412 0.453 100.225 0.598
201503 1.204 99.950 1.593
201506 -0.300 99.995 -0.397
201509 -0.798 100.228 -1.053
201512 0.520 100.276 0.686
201603 -0.342 100.751 -0.449
201606 0.119 101.019 0.156
201609 1.050 101.138 1.373
201612 0.309 102.022 0.400
201703 1.042 102.022 1.350
201706 0.319 102.752 0.410
201709 0.184 103.279 0.236
201712 -0.033 103.793 -0.042
201803 0.142 103.962 0.181
201806 0.407 104.875 0.513
201809 0.801 105.679 1.002
201812 -1.435 105.912 -1.791
201903 0.896 105.886 1.119
201906 0.555 106.742 0.687
201909 0.629 107.214 0.776
201912 1.051 107.766 1.289
202003 -1.394 106.563 -1.729
202006 2.004 107.498 2.465
202009 0.850 107.635 1.044
202012 0.245 108.296 0.299
202103 2.831 108.360 3.454
202106 1.025 108.928 1.244
202109 0.865 110.338 1.036
202112 2.576 112.486 3.028
202203 -2.141 114.825 -2.465
202206 -2.016 118.384 -2.251
202209 0.253 122.296 0.273
202212 1.530 126.365 1.601
202303 0.956 127.042 0.995
202306 1.268 129.407 1.295
202309 -0.306 130.224 -0.311
202312 1.749 131.912 1.753
202403 1.933 132.205 1.933

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.


Investor AB  (MIL:1INVEB) 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.


Investor AB Shiller PE Ratio Related Terms

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


Investor AB (MIL:1INVEB) Business Description

Address
Arsenalsgatan 8C, Stockholm, SWE, SE-103 32
Investor AB is an industrial holding company with a long-term, active investment portfolio strategy. The company focuses on investing in companies that emphasize innovation and product development. Investor AB's so-called "buy-to-build" strategy seeks not to divest holdings, but rather to develop them over time in order to close the gap between price and value. A majority of its equity investments are made in the country of Sweden and greater Scandinavia, where the company mostly operates. The company measures performance by changes in net asset value and seeks to outperform the Stockholm Stock Exchange's OMSX Index. In 2015, Investor AB also formed and currently operates Patricia Industries, a sizable component of the company that was formed to manage its unlisted investments.

Investor AB (MIL:1INVEB) Headlines

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