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Jardine Matheson Holdings (LSE:JAR) Shiller PE Ratio

: 9.16 (As of Today)
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As of today (2024-04-18), Jardine Matheson Holdings's current share price is $62.50. Jardine Matheson Holdings's E10 for the fiscal year that ended in Dec23 was $6.82. Jardine Matheson Holdings's Shiller PE Ratio for today is 9.16.

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

LSE:JAR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.31   Med: 12.46   Max: 16.46
Current: 7.77

During the past 13 years, Jardine Matheson Holdings's highest Shiller PE Ratio was 16.46. The lowest was 7.31. And the median was 12.46.

LSE:JAR's Shiller PE Ratio is ranked better than
80.95% of 336 companies
in the Conglomerates industry
Industry Median: 15.805 vs LSE:JAR: 7.77

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.

Jardine Matheson Holdings's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $2.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $6.82 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jardine Matheson Holdings Shiller PE Ratio Historical Data

The historical data trend for Jardine Matheson 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.

Jardine Matheson Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.37 12.94 11.62 10.96 9.16

Jardine Matheson Holdings 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 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 Premium Member Only Premium Member Only Premium Member Only 11.62 - 10.96 - 9.16

Competitive Comparison

For the Conglomerates subindustry, Jardine Matheson 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.


Jardine Matheson Holdings Shiller PE Ratio Distribution

For the Conglomerates industry and Industrials sector, Jardine Matheson Holdings's Shiller PE Ratio distribution charts can be found below:

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



Jardine Matheson 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.

Jardine Matheson Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=62.50/6.82
=9.16

* 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.

Jardine Matheson Holdings's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Jardine Matheson Holdings's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.37/129.4194*129.4194
=2.370

Current CPI (Dec23) = 129.4194.

Jardine Matheson Holdings Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 4.130 99.070 5.395
201512 4.810 99.792 6.238
201612 3.700 101.863 4.701
201712 4.090 104.011 5.089
201812 4.570 105.998 5.580
201912 7.560 108.420 9.024
202012 -1.070 109.897 -1.260
202112 6.010 117.630 6.612
202212 1.220 125.222 1.261
202312 2.370 129.419 2.370

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.


Jardine Matheson Holdings  (LSE:JAR) 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.


Jardine Matheson Holdings Shiller PE Ratio Related Terms

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Jardine Matheson Holdings (LSE:JAR) Business Description

Traded in Other Exchanges
Address
33-35 Reid Street, 4th Floor, Jardine House, P.O. Box HM 1068, Hamilton, BMU, HM 12
Jardine Matheson Holdings Ltd is a conglomerate of businesses operating primarily in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net income, the largest businesses within the group are Hong Kong Land and Dairy Farm, which are property investment firms and food retailers, respectively.

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