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Kenon Holdings (Kenon Holdings) Shiller PE Ratio : 4.86 (As of May. 16, 2024)


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What is Kenon Holdings Shiller PE Ratio?

As of today (2024-05-16), Kenon Holdings's current share price is $24.50. Kenon Holdings's E10 for the quarter that ended in Dec. 2023 was $5.04. Kenon Holdings's Shiller PE Ratio for today is 4.86.

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

KEN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.92   Med: 5.86   Max: 7.2
Current: 4.86

During the past years, Kenon Holdings's highest Shiller PE Ratio was 7.20. The lowest was 3.92. And the median was 5.86.

KEN's Shiller PE Ratio is ranked better than
89.18% of 194 companies
in the Utilities - Independent Power Producers industry
Industry Median: 20.265 vs KEN: 4.86

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.

Kenon Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kenon Holdings Shiller PE Ratio Historical Data

The historical data trend for Kenon Holdings'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.

Kenon Holdings Shiller PE Ratio Chart

Kenon Holdings 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 - - - - 4.82

Kenon Holdings 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 - - 6.14 6.46 4.82

Competitive Comparison of Kenon Holdings's Shiller PE Ratio

For the Utilities - Independent Power Producers subindustry, Kenon Holdings'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.


Kenon Holdings's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kenon Holdings's Shiller PE Ratio distribution charts can be found below:

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



Kenon Holdings 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.

Kenon Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=24.50/5.04
=4.86

* 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.

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

For example, Kenon Holdings'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)
=0.11/129.4194*129.4194
=0.110

Current CPI (Dec. 2023) = 129.4194.

Kenon Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.460 99.695 -0.597
201406 -1.690 100.560 -2.175
201409 12.380 100.428 15.954
201412 -1.480 99.070 -1.933
201503 0.060 99.621 0.078
201506 0.210 100.684 0.270
201509 3.160 100.392 4.074
201512 -2.360 99.792 -3.061
201603 -0.670 100.470 -0.863
201606 -5.200 101.688 -6.618
201609 -0.880 101.861 -1.118
201612 -0.910 101.863 -1.156
201703 -0.380 102.862 -0.478
201706 0.170 103.349 0.213
201709 -0.430 104.136 -0.534
201712 5.040 104.011 6.271
201803 10.130 105.290 12.452
201806 -0.530 106.317 -0.645
201809 -0.380 106.507 -0.462
201812 -1.150 105.998 -1.404
201903 -0.240 107.251 -0.290
201906 -0.130 108.070 -0.156
201909 0.530 108.329 0.633
201912 -0.410 108.420 -0.489
202003 0.280 108.902 0.333
202006 5.190 108.767 6.175
202009 1.250 109.815 1.473
202012 2.690 109.897 3.168
202103 3.340 111.754 3.868
202106 3.200 114.631 3.613
202109 3.450 115.734 3.858
202112 7.280 117.630 8.010
202203 11.860 121.301 12.654
202206 4.920 125.017 5.093
202209 4.650 125.227 4.806
202212 -15.630 125.222 -16.154
202303 -0.140 127.348 -0.142
202306 -0.560 128.729 -0.563
202309 -3.830 129.860 -3.817
202312 0.110 129.419 0.110

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.


Kenon Holdings  (NYSE:KEN) 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.


Kenon Holdings Shiller PE Ratio Related Terms

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Kenon Holdings (Kenon Holdings) Business Description

Traded in Other Exchanges
Address
1 Temasek Avenue, No. 37-02B, Millenia Tower, Singapore, SGP, 039192
Kenon Holdings Ltd is a holding company that operates dynamic, growth-oriented, businesses. The company's operating segments include OPC; CPV Group; Quantum and ZIM. It generates maximum revenue from the OPC segment. OPC operates in the Israeli electricity generation sector, including the initiation, development, construction, and operation of power plants and the sale and supply of electricity. Geographically, it derives a majority of revenue from Israel.