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Bulgarian Stock Exchange AD (XBUL:BSE) Shiller PE Ratio : 23.93 (As of May. 16, 2024)


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What is Bulgarian Stock Exchange AD Shiller PE Ratio?

As of today (2024-05-16), Bulgarian Stock Exchange AD's current share price is лв14.60. Bulgarian Stock Exchange AD's E10 for the quarter that ended in Sep. 2023 was лв0.61. Bulgarian Stock Exchange AD's Shiller PE Ratio for today is 23.93.

The historical rank and industry rank for Bulgarian Stock Exchange AD's Shiller PE Ratio or its related term are showing as below:

XBUL:BSE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.16   Med: 21   Max: 27.14
Current: 23.92

During the past years, Bulgarian Stock Exchange AD's highest Shiller PE Ratio was 27.14. The lowest was 16.16. And the median was 21.00.

XBUL:BSE's Shiller PE Ratio is ranked worse than
58.26% of 472 companies
in the Capital Markets industry
Industry Median: 19.54 vs XBUL:BSE: 23.92

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.

Bulgarian Stock Exchange AD's adjusted earnings per share data for the three months ended in Sep. 2023 was лв0.642. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is лв0.61 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bulgarian Stock Exchange AD Shiller PE Ratio Historical Data

The historical data trend for Bulgarian Stock Exchange AD'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.

Bulgarian Stock Exchange AD Shiller PE Ratio Chart

Bulgarian Stock Exchange AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 24.00 19.79

Bulgarian Stock Exchange AD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 18.60 19.79 17.06 18.24 15.66

Competitive Comparison of Bulgarian Stock Exchange AD's Shiller PE Ratio

For the Financial Data & Stock Exchanges subindustry, Bulgarian Stock Exchange AD'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.


Bulgarian Stock Exchange AD's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bulgarian Stock Exchange AD's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bulgarian Stock Exchange AD's Shiller PE Ratio falls into.



Bulgarian Stock Exchange AD 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.

Bulgarian Stock Exchange AD's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.60/0.61
=23.93

* 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.

Bulgarian Stock Exchange AD's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Bulgarian Stock Exchange AD's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.642/129.8595*129.8595
=0.642

Current CPI (Sep. 2023) = 129.8595.

Bulgarian Stock Exchange AD Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.070 98.326 0.092
201403 0.040 99.695 0.052
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 -0.113 99.070 -0.148
201503 -0.003 99.621 -0.004
201506 -0.017 100.684 -0.022
201509 -0.021 100.392 -0.027
201512 -0.012 99.792 -0.016
201603 -0.020 100.470 -0.026
201606 -0.021 101.688 -0.027
201609 0.030 101.861 0.038
201612 0.020 101.863 0.025
201703 -0.005 102.862 -0.006
201706 0.001 103.349 0.001
201709 0.024 104.136 0.030
201712 0.010 104.011 0.012
201803 0.160 105.290 0.197
201806 0.130 106.317 0.159
201809 0.200 106.507 0.244
201812 0.492 105.998 0.603
201903 0.210 107.251 0.254
201906 0.160 108.070 0.192
201909 0.140 108.329 0.168
201912 -0.090 108.420 -0.108
202003 0.190 108.902 0.227
202006 0.167 108.767 0.199
202009 0.196 109.815 0.232
202012 0.100 109.897 0.118
202103 0.290 111.754 0.337
202106 0.258 114.631 0.292
202109 0.290 115.734 0.325
202112 0.170 117.630 0.188
202203 0.329 121.301 0.352
202206 0.231 125.017 0.240
202209 0.264 125.227 0.274
202212 -0.119 125.222 -0.123
202303 0.390 127.348 0.398
202306 0.410 128.729 0.414
202309 0.642 129.860 0.642

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.


Bulgarian Stock Exchange AD  (XBUL:BSE) 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.


Bulgarian Stock Exchange AD Shiller PE Ratio Related Terms

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Bulgarian Stock Exchange AD (XBUL:BSE) Business Description

Traded in Other Exchanges
N/A
Address
10 Tri ushi Street, Sofia, BGR, 1301
Bulgarian Stock Exchange AD is functioning stock exchange in Bulgaria. The principal activity of the group is to organize trade in securities and other financial instruments; organize and maintain an information system for security deals; and establish and maintain a clearing system. It has aggregated its operations into three reportable segments - Trading in Financial Instruments, Information Services, and Registration of Issues for Trading. It offers a wide range of RSS information services to serve the corporate clients, such as data-vendors, investment intermediaries, and issuers. The group performs their activities in Bulgaria only.