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PRIO (BSP:PRIO3) Shiller PE Ratio : 34.44 (As of Apr. 27, 2024)


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What is PRIO Shiller PE Ratio?

As of today (2024-04-27), PRIO's current share price is R$49.25. PRIO's E10 for the quarter that ended in Dec. 2023 was R$1.43. PRIO's Shiller PE Ratio for today is 34.44.

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

BSP:PRIO3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.62   Med: 106.25   Max: 356.25
Current: 33.63

During the past years, PRIO's highest Shiller PE Ratio was 356.25. The lowest was 29.62. And the median was 106.25.

BSP:PRIO3's Shiller PE Ratio is ranked worse than
77.22% of 417 companies
in the Oil & Gas industry
Industry Median: 17.84 vs BSP:PRIO3: 33.63

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.

PRIO's adjusted earnings per share data for the three months ended in Dec. 2023 was R$1.834. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PRIO Shiller PE Ratio Historical Data

The historical data trend for PRIO'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.

PRIO Shiller PE Ratio Chart

PRIO 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 - - - 321.61 32.26

PRIO 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 321.61 97.61 87.43 66.34 32.26

Competitive Comparison of PRIO's Shiller PE Ratio

For the Oil & Gas E&P subindustry, PRIO'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.


PRIO's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PRIO's Shiller PE Ratio distribution charts can be found below:

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



PRIO 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.

PRIO's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=49.25/1.43
=34.44

* 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.

PRIO's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, PRIO'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)
=1.834/156.2729*156.2729
=1.834

Current CPI (Dec. 2023) = 156.2729.

PRIO Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.006 90.447 0.010
201406 0.033 91.838 0.056
201409 0.032 92.602 0.054
201412 -3.442 94.194 -5.710
201503 -0.180 97.799 -0.288
201506 -0.055 100.006 -0.086
201509 0.000 101.392 0.000
201512 0.273 104.247 0.409
201603 -0.099 106.979 -0.145
201606 -0.157 108.851 -0.225
201609 0.108 109.986 0.153
201612 0.436 110.802 0.615
201703 0.006 111.869 0.008
201706 0.073 112.115 0.102
201709 0.028 112.777 0.039
201712 -0.026 114.068 -0.036
201803 0.043 114.868 0.058
201806 1.163 117.038 1.553
201809 1.177 117.881 1.560
201812 0.988 118.340 1.305
201903 -0.085 120.124 -0.111
201906 0.251 120.977 0.324
201909 -0.154 121.292 -0.198
201912 1.187 123.436 1.503
202003 -0.091 124.092 -0.115
202006 -0.148 123.557 -0.187
202009 -0.164 125.095 -0.205
202012 1.063 129.012 1.288
202103 -0.084 131.660 -0.100
202106 0.522 133.871 0.609
202109 0.107 137.913 0.121
202112 1.052 141.992 1.158
202203 1.258 146.537 1.342
202206 0.752 149.784 0.785
202209 0.927 147.800 0.980
202212 1.086 150.207 1.130
202303 1.361 153.352 1.387
202306 0.992 154.519 1.003
202309 1.925 155.464 1.935
202312 1.834 156.273 1.834

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.


PRIO  (BSP:PRIO3) 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.


PRIO Shiller PE Ratio Related Terms

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


PRIO (BSP:PRIO3) Business Description

Traded in Other Exchanges
Address
Praia de Botafogo, 370, 13th Floor, Botafogo, Rio de Janeiro, RJ, BRA
PRIO SA is engaged in the exploration and production of oil and gas in Brazil and abroad. The company is engaged in oil and gas exploration and production in Brazil and overseas. Its exploration assets comprise Hammer shark field, Octopus field, Campo de Frade, East Albacora field, and Wahoo block.

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