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Managem (CAS:MNG) Shiller PE Ratio

: 43.03 (As of Today)
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As of today (2024-04-24), Managem's current share price is MAD2230.00. Managem's E10 for the fiscal year that ended in Dec22 was MAD51.83. Managem's Shiller PE Ratio for today is 43.03.

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

CAS:MNG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.24   Med: 47.33   Max: 99.62
Current: 44.66

During the past 13 years, Managem's highest Shiller PE Ratio was 99.62. The lowest was 12.24. And the median was 47.33.

CAS:MNG's Shiller PE Ratio is ranked worse than
73.98% of 369 companies
in the Metals & Mining industry
Industry Median: 22.33 vs CAS:MNG: 44.66

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.

Managem's adjusted earnings per share data of for the fiscal year that ended in Dec22 was MAD159.149. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MAD51.83 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Managem Shiller PE Ratio Historical Data

The historical data trend for Managem'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.

Managem 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 24.75 26.01 35.56 41.52 48.07

Managem Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 41.52 - 48.07 -

Competitive Comparison

For the Other Precious Metals & Mining subindustry, Managem'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.


Managem Shiller PE Ratio Distribution

For the Metals & Mining industry and Basic Materials sector, Managem's Shiller PE Ratio distribution charts can be found below:

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



Managem 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.

Managem's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2230.00/51.83
=43.03

* 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.

Managem's E10 for the fiscal year that ended in Dec22 is calculated as:

For example, Managem's adjusted earnings per share data for the fiscal year that ended in Dec22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec22 (Change)*Current CPI (Dec22)
=159.149/125.2218*125.2218
=159.149

Current CPI (Dec22) = 125.2218.

Managem Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 42.962 98.326 54.714
201412 19.387 99.070 24.505
201512 21.822 99.792 27.383
201612 31.022 101.863 38.136
201712 86.656 104.011 104.328
201812 36.451 105.998 43.062
201912 -42.053 108.420 -48.570
202012 22.159 109.897 25.249
202112 84.893 117.630 90.372
202212 159.149 125.222 159.149

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.


Managem  (CAS:MNG) 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.


Managem Shiller PE Ratio Related Terms

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


Managem (CAS:MNG) Business Description

Traded in Other Exchanges
N/A
Address
Angle Boulevards Zerktouni et Al Massira Al Khadra, Twin Center, Tour A, Casablanca, MAR, BP 5199
Managem SA operates as an integrated mining group. The business operations include managing a portfolio of properties targeting precious metals such as gold and silver, and base metals which include copper, zinc, lead, cobalt and fluorite.

Managem (CAS:MNG) Headlines

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