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Skanska AB (OSTO:SKA B) Shiller PE Ratio : 10.99 (As of May. 14, 2024)


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What is Skanska AB Shiller PE Ratio?

As of today (2024-05-14), Skanska AB's current share price is kr188.35. Skanska AB's E10 for the quarter that ended in Mar. 2024 was kr17.14. Skanska AB's Shiller PE Ratio for today is 10.99.

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

OSTO:SKA B' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.6   Med: 14.1   Max: 19.98
Current: 10.99

During the past years, Skanska AB's highest Shiller PE Ratio was 19.98. The lowest was 8.60. And the median was 14.10.

OSTO:SKA B's Shiller PE Ratio is ranked better than
69.5% of 987 companies
in the Construction industry
Industry Median: 15.78 vs OSTO:SKA B: 10.99

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.

Skanska AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr1.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr17.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skanska AB Shiller PE Ratio Historical Data

The historical data trend for Skanska 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.

Skanska AB Shiller PE Ratio Chart

Skanska 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 17.45 15.53 17.16 9.99 10.63

Skanska 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 9.63 8.91 10.62 10.63 11.12

Competitive Comparison of Skanska AB's Shiller PE Ratio

For the Engineering & Construction subindustry, Skanska 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.


Skanska AB's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Skanska AB's Shiller PE Ratio distribution charts can be found below:

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



Skanska 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.

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

Shiller PE Ratio=Share Price/ E10
=188.35/17.14
=10.99

* 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.

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

For example, Skanska 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)
=1.16/130.9575*130.9575
=1.160

Current CPI (Mar. 2024) = 130.9575.

Skanska AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.840 100.432 2.399
201409 3.370 100.161 4.406
201412 3.030 100.225 3.959
201503 1.170 99.950 1.533
201506 2.820 99.995 3.693
201509 1.330 100.228 1.738
201512 6.220 100.276 8.123
201603 0.490 100.751 0.637
201606 5.790 101.019 7.506
201609 1.980 101.138 2.564
201612 5.630 102.022 7.227
201703 3.350 102.022 4.300
201706 1.210 102.752 1.542
201709 2.500 103.279 3.170
201712 2.870 103.793 3.621
201803 0.520 103.962 0.655
201806 2.820 104.875 3.521
201809 2.000 105.679 2.478
201812 5.770 105.912 7.134
201903 2.100 105.886 2.597
201906 3.960 106.742 4.858
201909 3.240 107.214 3.958
201912 5.320 107.766 6.465
202003 2.890 106.563 3.552
202006 5.920 107.498 7.212
202009 3.130 107.635 3.808
202012 11.900 108.296 14.390
202103 2.800 108.360 3.384
202106 5.530 108.928 6.648
202109 2.880 110.338 3.418
202112 5.310 112.486 6.182
202203 2.320 114.825 2.646
202206 4.250 118.384 4.701
202209 5.470 122.296 5.857
202212 7.860 126.365 8.146
202303 1.420 127.042 1.464
202306 4.690 129.407 4.746
202309 1.950 130.224 1.961
202312 4.010 130.958 4.010
202403 1.160 130.958 1.160

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.


Skanska AB  (OSTO:SKA B) 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.


Skanska AB Shiller PE Ratio Related Terms

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


Skanska AB (OSTO:SKA B) Business Description

Address
Warfvinges vag 25, Stockholm, SWE, 112 74
Skanska AB is one of the world's construction and project development companies. It develops properties and structures in the Nordic region, North America, and elsewhere. The company uses its skills and expertise to develop highways, bridges, mass transit, houses, and logistic centers. Skanska operates in business segments: construction (the majority of total revenue), residential development, commercial property development. It earns contracts and exploits local knowledge of markets, customers, and suppliers to meet clients' needs. Projects range from simple to highly technical and are driven by urbanization in the designated regions. The majority of revenue derives from Europe.

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