GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Dubai Investments PJSC (DFM:DIC) » Definitions » Shiller PE Ratio

Dubai Investments PJSC (DFM:DIC) Shiller PE Ratio : 8.48 (As of Apr. 25, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Dubai Investments PJSC Shiller PE Ratio?

As of today (2024-04-25), Dubai Investments PJSC's current share price is د.إ2.29. Dubai Investments PJSC's E10 for the quarter that ended in Dec. 2023 was د.إ0.27. Dubai Investments PJSC's Shiller PE Ratio for today is 8.48.

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

DFM:DIC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.18   Med: 8.15   Max: 10.24
Current: 8.66

During the past years, Dubai Investments PJSC's highest Shiller PE Ratio was 10.24. The lowest was 2.18. And the median was 8.15.

DFM:DIC's Shiller PE Ratio is ranked better than
77.15% of 337 companies
in the Conglomerates industry
Industry Median: 15.74 vs DFM:DIC: 8.66

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.

Dubai Investments PJSC's adjusted earnings per share data for the three months ended in Dec. 2023 was د.إ0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is د.إ0.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dubai Investments PJSC Shiller PE Ratio Historical Data

The historical data trend for Dubai Investments PJSC'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.

Dubai Investments PJSC Shiller PE Ratio Chart

Dubai Investments PJSC 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 - 3.87 6.92 8.41 8.66

Dubai Investments PJSC 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 8.41 8.73 8.71 9.11 8.66

Competitive Comparison of Dubai Investments PJSC's Shiller PE Ratio

For the Conglomerates subindustry, Dubai Investments PJSC'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.


Dubai Investments PJSC's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Dubai Investments PJSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dubai Investments PJSC's Shiller PE Ratio falls into.



Dubai Investments PJSC 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.

Dubai Investments PJSC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.29/0.27
=8.48

* 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.

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

For example, Dubai Investments PJSC'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)
=0.08/129.4194*129.4194
=0.080

Current CPI (Dec. 2023) = 129.4194.

Dubai Investments PJSC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.063 99.695 0.082
201406 0.124 100.560 0.160
201409 0.048 100.428 0.062
201412 0.076 99.070 0.099
201503 0.067 99.621 0.087
201506 0.057 100.684 0.073
201509 0.057 100.392 0.073
201512 0.076 99.792 0.099
201603 0.070 100.470 0.090
201606 0.050 101.688 0.064
201609 0.080 101.861 0.102
201612 0.087 101.863 0.111
201703 0.070 102.862 0.088
201706 0.040 103.349 0.050
201709 0.080 104.136 0.099
201712 0.040 104.011 0.050
201803 0.090 105.290 0.111
201806 0.030 106.317 0.037
201809 0.050 106.507 0.061
201812 -0.020 105.998 -0.024
201903 0.050 107.251 0.060
201906 0.040 108.070 0.048
201909 0.030 108.329 0.036
201912 0.040 108.420 0.048
202003 -0.002 108.902 -0.002
202006 0.050 108.767 0.059
202009 0.050 109.815 0.059
202012 -0.020 109.897 -0.024
202103 0.029 111.754 0.034
202106 0.040 114.631 0.045
202109 0.040 115.734 0.045
202112 0.040 117.630 0.044
202203 0.048 121.301 0.051
202206 0.040 125.017 0.041
202209 0.260 125.227 0.269
202212 0.030 125.222 0.031
202303 0.074 127.348 0.075
202306 0.060 128.729 0.060
202309 0.060 129.860 0.060
202312 0.080 129.419 0.080

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.


Dubai Investments PJSC  (DFM:DIC) 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.


Dubai Investments PJSC Shiller PE Ratio Related Terms

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


Dubai Investments PJSC (DFM:DIC) Business Description

Traded in Other Exchanges
N/A
Address
Dubai Investments Park, P.O. Box 28171, Jebel Ali, Dubai, ARE
Dubai Investments PJSC is an investment company with a focus in real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The property segment develops real estate for sale and leasing. The manufacturing, contracting, and Services segment manufactures and sells materials used in construction projects, executing construction contracts, production of raw and architectural glass, pharmaceutical products, cooling services, production, aluminium extruded products, laboratory furniture, healthcare, and education. The investments segment includes strategic minority investments in associates, investment banking, asset management and financial investments.

Dubai Investments PJSC (DFM:DIC) Headlines

No Headlines