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Avient Shiller PE Ratio

: 23.30 (As of Today)
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As of today (2021-04-11), Avient's current share price is $48.930000. Avient's E10 for the quarter that ended in Dec. 2020 was $2.10. Avient's Shiller PE Ratio for today is 23.30.

NYSE:AVNT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.84   Med: 44.48   Max: 1621
Current: 23.26

6.84
1621

During the past years, Avient's highest Shiller PE Ratio was 1621.00. The lowest was 6.84. And the median was 44.48.

NYSE:AVNT's Shiller PE Ratio is ranked lower than
54% of the 853 Companies
in the Chemicals industry.

( Industry Median: 21.62 vs. NYSE:AVNT: 23.26 )

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.

Avient's adjusted earnings per share data for the three months ended in Dec. 2020 was $0.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.10 for the trailing ten years ended in Dec. 2020.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avient Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Avient Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.44 52.03 20.47 17.27 19.14

Avient Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 17.27 8.91 12.39 12.45 19.14

Competitive Comparison
* 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.


Avient Shiller PE Ratio Distribution

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



Avient 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.

Avient's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=48.930000/2.1
=23.30

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

Avient's E10 for the quarter that ended in Dec. 2020 is calculated as:

For example, Avient's adjusted earnings per share data for the three months ended in Dec. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2020 (Change)*Current CPI (Dec. 2020)
=0.81/110.3642*110.3642
=0.810

Current CPI (Dec. 2020) = 110.3642.

Avient Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201103 1.140 94.890 1.326
201106 0.300 95.319 0.347
201109 0.230 95.529 0.266
201112 0.150 95.632 0.173
201203 0.220 97.075 0.250
201206 0.270 96.661 0.308
201209 0.270 97.595 0.305
201212 0.030 97.158 0.034
201303 0.160 98.107 0.180
201306 1.830 98.557 2.049
201309 0.240 98.536 0.269
201312 0.250 98.692 0.280
201403 0.310 100.023 0.342
201406 0.340 100.520 0.373
201409 0.350 100.176 0.386
201412 -0.160 98.604 -0.179
201503 0.340 99.824 0.376
201506 0.740 100.691 0.811
201509 0.500 100.346 0.550
201512 0.040 99.957 0.044
201603 0.460 100.947 0.503
201606 0.590 101.524 0.641
201609 0.500 101.988 0.541
201612 0.400 102.456 0.431
201703 0.570 103.167 0.610
201706 -2.220 103.278 -2.372
201709 0.470 104.070 0.498
201712 0.460 104.578 0.485
201803 0.580 105.708 0.606
201806 0.630 106.324 0.654
201809 0.620 106.695 0.641
201812 0.140 106.200 0.145
201903 0.490 107.818 0.502
201906 0.540 108.250 0.551
201909 0.560 108.577 0.569
201912 6.000 108.841 6.084
202003 0.380 108.173 0.388
202006 0.250 109.318 0.252
202009 0.020 109.861 0.020
202012 0.810 110.364 0.810

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.


Avient  (NYSE:AVNT) 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.


Avient Shiller PE Ratio Related Terms


Avient Shiller PE Ratio Headlines

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