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Outokumpu Oyj (Outokumpu Oyj) Shiller PE Ratio : 8.16 (As of Jun. 03, 2024)


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What is Outokumpu Oyj Shiller PE Ratio?

As of today (2024-06-03), Outokumpu Oyj's current share price is $2.04. Outokumpu Oyj's E10 for the quarter that ended in Mar. 2024 was $0.25. Outokumpu Oyj's Shiller PE Ratio for today is 8.16.

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

OUTKY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.63   Max: 32.14
Current: 8.13

During the past years, Outokumpu Oyj's highest Shiller PE Ratio was 32.14. The lowest was 0.32. And the median was 0.63.

OUTKY's Shiller PE Ratio is ranked better than
80.85% of 402 companies
in the Steel industry
Industry Median: 15.695 vs OUTKY: 8.13

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.

Outokumpu Oyj's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.027. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Outokumpu Oyj Shiller PE Ratio Historical Data

The historical data trend for Outokumpu Oyj'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.

Outokumpu Oyj Shiller PE Ratio Chart

Outokumpu Oyj 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 - - - - 16.59

Outokumpu Oyj 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 - - 28.24 16.59 8.59

Competitive Comparison of Outokumpu Oyj's Shiller PE Ratio

For the Steel subindustry, Outokumpu Oyj'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.


Outokumpu Oyj's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Outokumpu Oyj's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Outokumpu Oyj's Shiller PE Ratio falls into.



Outokumpu Oyj 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.

Outokumpu Oyj's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.04/0.25
=8.16

* 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.

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

For example, Outokumpu Oyj'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)
=-0.027/122.3600*122.3600
=-0.027

Current CPI (Mar. 2024) = 122.3600.

Outokumpu Oyj Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.095 100.147 -0.116
201409 -0.116 100.726 -0.141
201412 -0.049 100.229 -0.060
201503 -0.054 100.120 -0.066
201506 -0.079 100.030 -0.097
201509 -0.152 100.130 -0.186
201512 0.403 99.990 0.493
201603 -0.056 100.080 -0.068
201606 -0.028 100.390 -0.034
201609 0.017 100.540 0.021
201612 0.243 101.020 0.294
201703 0.225 100.910 0.273
201706 0.140 101.140 0.169
201709 -0.042 101.320 -0.051
201712 0.172 101.510 0.207
201803 0.074 101.730 0.089
201806 0.035 102.320 0.042
201809 0.041 102.600 0.049
201812 0.040 102.710 0.048
201903 -0.051 102.870 -0.061
201906 0.006 103.360 0.007
201909 -0.033 103.540 -0.039
201912 -0.022 103.650 -0.026
202003 0.028 103.490 0.033
202006 -0.051 103.320 -0.060
202009 -0.088 103.710 -0.104
202012 -0.055 103.890 -0.065
202103 0.113 104.870 0.132
202106 0.169 105.360 0.196
202109 0.218 106.290 0.251
202112 0.186 107.490 0.212
202203 0.281 110.950 0.310
202206 0.412 113.570 0.444
202209 0.193 114.920 0.205
202212 0.371 117.320 0.387
202303 0.118 119.750 0.121
202306 0.103 120.690 0.104
202309 -0.069 121.280 -0.070
202312 -0.305 121.540 -0.307
202403 -0.027 122.360 -0.027

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.


Outokumpu Oyj  (OTCPK:OUTKY) 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.


Outokumpu Oyj Shiller PE Ratio Related Terms

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Outokumpu Oyj (Outokumpu Oyj) Business Description

Address
Salmisaarenranta 11, Helsinki, FIN, FI-00180
Outokumpu Oyj is a steel and alloys maker. Its business is divided into four business areas which are Europe, Americas, Long Products and Ferrochrome. Europe consists of both coil and plate operations in Europe. The high-volume and tailored standard stainless-steel grades are primarily used for example in architecture, building and construction, chemical, petrochemical and energy sectors, as well as other process industries. Americas produces standard austenitic and ferritic grades as well as tailored products. Long Products are used in a wide range of applications such as springs, wires, and surgical equipment and Ferrochrome produces charge grade of ferrochrome.