GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lazard World Trust Fund (LSE:WTR) » Definitions » Shiller PE Ratio

Lazard World Trust Fund (LSE:WTR) Shiller PE Ratio : (As of Apr. 26, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Lazard World Trust Fund Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lazard World Trust Fund Shiller PE Ratio Historical Data

The historical data trend for Lazard World Trust Fund'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.

Lazard World Trust Fund Shiller PE Ratio Chart

Lazard World Trust Fund Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Lazard World Trust Fund Semi-Annual Data
Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18
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 - - - - -

Competitive Comparison of Lazard World Trust Fund's Shiller PE Ratio

For the Asset Management subindustry, Lazard World Trust Fund'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.


Lazard World Trust Fund's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lazard World Trust Fund's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Lazard World Trust Fund's Shiller PE Ratio falls into.



Lazard World Trust Fund 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.

Lazard World Trust Fund's E10 for the fiscal year that ended in Mar18 is calculated as:

For example, Lazard World Trust Fund's adjusted earnings per share data for the fiscal year that ended in Mar18 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar18 (Change)*Current CPI (Mar18)
=0.687/102.9000*102.9000
=0.687

Current CPI (Mar18) = 102.9000.

Lazard World Trust Fund Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200903 -19.923 89.070 -23.016
201003 0.019 91.100 0.021
201103 0.019 94.500 0.021
201203 -0.123 97.000 -0.130
201303 0.318 98.910 0.331
201403 0.253 99.740 0.261
201503 0.298 99.980 0.307
201603 -0.251 100.030 -0.258
201703 0.502 101.780 0.508
201803 0.687 102.900 0.687

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.


Lazard World Trust Fund  (LSE:WTR) 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.


Lazard World Trust Fund Shiller PE Ratio Related Terms

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


Lazard World Trust Fund (LSE:WTR) Business Description

Traded in Other Exchanges
N/A
Address
State Street Bank Luxembourg S.C.A., 49, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Lazard World Trust Fund is an investment company registered in Luxembourg. Its investment objective is to achieve long-term capital appreciation by investing primarily in companies whose shares trade at a discount to the underlying net asset value. The company mainly invests in closed-end funds, investment trusts, holding companies and other companies which are traded internationally. It focuses on providing broad exposure to equity markets through investment in closed-ended funds and quoted companies. The company may use gearing and hedging by holding positions by selling short stock indices, stocks, and shares of exchange traded funds.

Lazard World Trust Fund (LSE:WTR) Headlines

No Headlines