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Piaggio & C. SpA (Piaggio & C. SpA) Shiller PE Ratio : 22.79 (As of May. 16, 2024)


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What is Piaggio & C. SpA Shiller PE Ratio?

As of today (2024-05-16), Piaggio & C. SpA's current share price is $15.95. Piaggio & C. SpA's E10 for the quarter that ended in Dec. 2023 was $0.70. Piaggio & C. SpA's Shiller PE Ratio for today is 22.79.

The historical rank and industry rank for Piaggio & C. SpA's Shiller PE Ratio or its related term are showing as below:

PGGCY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.17   Med: 31.16   Max: 45.77
Current: 22.85

During the past years, Piaggio & C. SpA's highest Shiller PE Ratio was 45.77. The lowest was 17.17. And the median was 31.16.

PGGCY's Shiller PE Ratio is ranked worse than
60.19% of 824 companies
in the Vehicles & Parts industry
Industry Median: 17.79 vs PGGCY: 22.85

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.

Piaggio & C. SpA's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.065. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Piaggio & C. SpA Shiller PE Ratio Historical Data

The historical data trend for Piaggio & C. SpA'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.

Piaggio & C. SpA Shiller PE Ratio Chart

Piaggio & C. SpA 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 35.91 37.00 36.33 28.23 23.34

Piaggio & C. SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.23 37.23 34.55 26.20 23.34

Competitive Comparison of Piaggio & C. SpA's Shiller PE Ratio

For the Auto Manufacturers subindustry, Piaggio & C. SpA'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.


Piaggio & C. SpA's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Piaggio & C. SpA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Piaggio & C. SpA's Shiller PE Ratio falls into.



Piaggio & C. SpA 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.

Piaggio & C. SpA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.95/0.7
=22.79

* 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.

Piaggio & C. SpA's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Piaggio & C. SpA's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.065/119.5000*119.5000
=0.065

Current CPI (Dec. 2023) = 119.5000.

Piaggio & C. SpA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.017 99.907 0.020
201406 0.234 100.093 0.279
201409 0.072 99.814 0.086
201412 -0.084 99.721 -0.101
201503 0.013 99.814 0.016
201506 0.171 100.279 0.204
201509 0.045 100.000 0.054
201512 -0.078 99.814 -0.093
201603 0.013 99.600 0.016
201606 0.211 99.900 0.252
201609 0.013 100.100 0.016
201612 -0.059 100.300 -0.070
201703 0.017 101.000 0.020
201706 0.247 101.100 0.292
201709 0.052 101.200 0.061
201712 -0.066 101.200 -0.078
201803 0.054 101.800 0.063
201806 0.294 102.400 0.343
201809 0.131 102.600 0.153
201812 -0.005 102.300 -0.006
201903 0.099 102.800 0.115
201906 0.339 103.100 0.393
201909 0.141 102.900 0.164
201912 0.009 102.800 0.010
202003 0.040 102.900 0.046
202006 0.072 102.900 0.084
202009 0.269 102.300 0.314
202012 0.029 102.600 0.034
202103 0.148 103.700 0.171
202106 0.439 104.200 0.503
202109 0.104 104.900 0.118
202112 0.108 106.600 0.121
202203 0.154 110.400 0.167
202206 0.389 112.500 0.413
202209 0.285 114.200 0.298
202212 0.169 119.000 0.170
202303 0.291 118.800 0.293
202306 0.498 119.700 0.497
202309 0.252 120.300 0.250
202312 0.065 119.500 0.065

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.


Piaggio & C. SpA  (OTCPK:PGGCY) 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.


Piaggio & C. SpA Shiller PE Ratio Related Terms

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


Piaggio & C. SpA (Piaggio & C. SpA) Business Description

Traded in Other Exchanges
Address
Viale Rinaldo Piaggio, 25, Pontedera, Pisa, ITA, 56025
Piaggio & C. SpA is an Italian manufacturer of motor vehicles with international operations. The product portfolio consists of scooters, mopeds, and motorcycles marketed under the Aprilia, Piaggio, Vespa, Moto Guzzi, Gilera, Derbi, and Scarabeo brands, as well as three- and four-wheeler light vehicles, marketed under the Ape, Porter and Quargo brands. Piaggio's sales are mainly in Europe, the Middle East, Africa; the Americas; and India, but are also in the Asia-Pacific region. The firm's manufacturing units are located in Italy, India, and Vietnam. Piaggio has a 45% stake in a Chinese joint-venture operation.

Piaggio & C. SpA (Piaggio & C. SpA) Headlines

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