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Air New Zealand (Air New Zealand) Shiller PE Ratio : 8.25 (As of Apr. 27, 2024)


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What is Air New Zealand Shiller PE Ratio?

As of today (2024-04-27), Air New Zealand's current share price is $0.33. Air New Zealand's E10 for the fiscal year that ended in Jun23 was $0.04. Air New Zealand's Shiller PE Ratio for today is 8.25.

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

ANZFF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.76   Med: 12.51   Max: 93.12
Current: 11

During the past 13 years, Air New Zealand's highest Shiller PE Ratio was 93.12. The lowest was 3.76. And the median was 12.51.

ANZFF's Shiller PE Ratio is ranked better than
82.83% of 565 companies
in the Transportation industry
Industry Median: 17.19 vs ANZFF: 11.00

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.

Air New Zealand's adjusted earnings per share data of for the fiscal year that ended in Jun23 was $0.075. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.04 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Air New Zealand Shiller PE Ratio Historical Data

The historical data trend for Air New Zealand'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.

Air New Zealand Shiller PE Ratio Chart

Air New Zealand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.34 7.03 9.70 9.60 12.55

Air New Zealand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 9.60 - 12.55 -

Competitive Comparison of Air New Zealand's Shiller PE Ratio

For the Airlines subindustry, Air New Zealand'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.


Air New Zealand's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air New Zealand's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Air New Zealand's Shiller PE Ratio falls into.



Air New Zealand 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.

Air New Zealand's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.33/0.04
=8.25

* 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.

Air New Zealand's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Air New Zealand's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.075/125.8458*125.8458
=0.075

Current CPI (Jun23) = 125.8458.

Air New Zealand Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.125 99.646 0.158
201506 0.124 100.063 0.156
201606 0.176 100.480 0.220
201706 0.148 102.231 0.182
201806 0.146 103.764 0.177
201906 0.097 105.502 0.116
202006 -0.160 107.035 -0.188
202106 -0.112 110.614 -0.127
202206 -0.259 118.690 -0.275
202306 0.075 125.846 0.075

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.


Air New Zealand  (OTCPK:ANZFF) 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.


Air New Zealand Shiller PE Ratio Related Terms

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Air New Zealand (Air New Zealand) Business Description

Address
185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Air New Zealand, majority owned by the New Zealand Government, provides air passenger and cargo transport services within New Zealand, as well as to and from Australia, the South-West Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market, with around 80% market share, although the majority of revenue is derived from international and trans-Tasman activity.