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Meriaura Group (OSTO:MERIS) Shiller PE Ratio : (As of May. 22, 2024)


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What is Meriaura Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Meriaura Group Shiller PE Ratio Historical Data

The historical data trend for Meriaura 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.

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Meriaura Group Shiller PE Ratio Chart

Meriaura Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Meriaura Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Meriaura Group's Shiller PE Ratio

For the Solar subindustry, Meriaura 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.


Meriaura Group's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Meriaura Group's Shiller PE Ratio distribution charts can be found below:

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



Meriaura 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.

Meriaura Group's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Meriaura Group's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.004/121.5400*121.5400
=-0.004

Current CPI (Dec23) = 121.5400.

Meriaura Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -28.085 100.229 -34.056
201512 -170.750 99.990 -207.550
201612 -88.136 101.020 -106.039
201712 -33.724 101.510 -40.378
201812 -18.463 102.710 -21.848
201912 -0.001 103.650 -0.001
202012 -1.638 103.890 -1.916
202112 -0.357 107.490 -0.404
202212 -0.057 117.320 -0.059
202312 -0.004 121.540 -0.004

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.


Meriaura Group  (OSTO:MERIS) 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.


Meriaura Group Shiller PE Ratio Related Terms

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Meriaura Group (OSTO:MERIS) Business Description

Traded in Other Exchanges
Address
Insinoorinkatu 7, Mikkeli, FIN, FI-50150
Meriaura Group Plc is a Finland-based company engaged in two businesses Renewable Energy and Marine Logistics. The renewable energy business area designs and delivers clean energy production systems as comprehensive deliveries. Its systems are built around large-scale solar heating systems implemented using high-performance solar thermal collectors manufactured by the company. The marine logistics business consists of the business operations of Meriaura Oy and VG-EcoFuel Oy. Meriaura is a provider of transport for bulk cargo and demanding project deliveries in Northern Europe. The company generates the majority of its revenue from the renewable energy segment.

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