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Legg Mason Shiller PE Ratio

: 36.63 (As of Today)
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As of today (2020-07-15), Legg Mason's current share price is $49.81. Legg Mason's E10 for the quarter that ended in Mar. 2020 was $1.36. Legg Mason's Shiller PE Ratio for today is 36.63.

NYSE:LM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.3   Med: 27.66   Max: 70.2
Current: 36.69

14.3
70.2

During the past years, Legg Mason's highest Shiller PE Ratio was 70.20. The lowest was 14.30. And the median was 27.66.

NYSE:LM's Shiller PE Ratio is ranked lower than
90% of the 631 Companies
in the Asset Management industry.

( Industry Median: 12.24 vs. NYSE:LM: 36.69 )

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.

Legg Mason's adjusted earnings per share data for the three months ended in Mar. 2020 was $0.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.36 for the trailing ten years ended in Mar. 2020.

Shiller PE for Stocks: The True Measure of Stock Valuation


Legg Mason Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Legg Mason Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 22.19 35.99

Legg Mason Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 22.19 30.68 29.61 26.74 35.99

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.


Legg Mason Shiller PE Ratio Distribution

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



Legg Mason 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.

Legg Mason's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=49.81/1.36
=36.63

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Legg Mason's E10 for the quarter that ended in Mar. 2020 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=0.7/108.1733*108.1733
=0.700

Current CPI (Mar. 2020) = 108.1733.

Legg Mason Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201006 0.300 91.981 0.353
201009 0.500 92.277 0.586
201012 0.410 92.914 0.477
201103 0.430 94.890 0.490
201106 0.400 95.319 0.454
201109 0.390 95.529 0.442
201112 0.200 95.632 0.226
201203 0.540 97.075 0.602
201206 -0.070 96.661 -0.078
201209 0.600 97.595 0.665
201212 -3.450 97.158 -3.841
201303 0.230 98.107 0.254
201306 0.380 98.557 0.417
201309 0.700 98.536 0.768
201312 0.670 98.692 0.734
201403 0.580 100.023 0.627
201406 0.610 100.520 0.656
201409 0.040 100.176 0.043
201412 0.670 98.604 0.735
201503 0.730 99.824 0.791
201506 0.840 100.691 0.902
201509 0.580 100.346 0.625
201512 -1.310 99.957 -1.418
201603 -0.430 100.947 -0.461
201606 0.310 101.524 0.330
201609 0.630 101.988 0.668
201612 0.500 102.456 0.528
201703 0.760 103.167 0.797
201706 0.520 103.278 0.545
201709 0.780 104.070 0.811
201712 1.580 104.578 1.634
201803 0.860 105.708 0.880
201806 0.750 106.324 0.763
201809 0.820 106.695 0.831
201812 -2.550 106.200 -2.597
201903 0.560 107.818 0.562
201906 0.510 108.250 0.510
201909 0.740 108.577 0.737
201912 0.830 108.841 0.825
202003 0.700 108.173 0.700

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.


Legg Mason  (NYSE:LM) 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.


Legg Mason Shiller PE Ratio Related Terms


Legg Mason Shiller PE Ratio Headlines

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