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Spark New Zealand (NZSE:SPK) Shiller PE Ratio : 15.50 (As of Apr. 28, 2024)


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What is Spark New Zealand Shiller PE Ratio?

As of today (2024-04-28), Spark New Zealand's current share price is NZ$4.65. Spark New Zealand's E10 for the fiscal year that ended in Jun23 was NZ$0.30. Spark New Zealand's Shiller PE Ratio for today is 15.50.

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

NZSE:SPK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.09   Med: 15.22   Max: 22.71
Current: 15.66

During the past 13 years, Spark New Zealand's highest Shiller PE Ratio was 22.71. The lowest was 4.09. And the median was 15.22.

NZSE:SPK's Shiller PE Ratio is ranked worse than
52.83% of 212 companies
in the Telecommunication Services industry
Industry Median: 14.755 vs NZSE:SPK: 15.66

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.

Spark New Zealand's adjusted earnings per share data of for the fiscal year that ended in Jun23 was NZ$0.606. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NZ$0.30 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spark New Zealand Shiller PE Ratio Historical Data

The historical data trend for Spark New Zealand'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.

Spark New Zealand Shiller PE Ratio Chart

Spark New Zealand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.14 18.15 17.75 20.11 17.14

Spark New Zealand 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 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 - 20.11 - 17.14 -

Competitive Comparison of Spark New Zealand's Shiller PE Ratio

For the Telecom Services subindustry, Spark New Zealand'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.


Spark New Zealand's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Spark New Zealand's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Spark New Zealand's Shiller PE Ratio falls into.



Spark New Zealand 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.

Spark New Zealand's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.65/0.3
=15.50

* 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.

Spark New Zealand's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Spark New Zealand's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.606/125.8458*125.8458
=0.606

Current CPI (Jun23) = 125.8458.

Spark New Zealand Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.251 99.646 0.317
201506 0.200 100.063 0.252
201606 0.202 100.480 0.253
201706 0.228 102.231 0.281
201806 0.210 103.764 0.255
201906 0.223 105.502 0.266
202006 0.232 107.035 0.273
202106 0.207 110.614 0.236
202206 0.219 118.690 0.232
202306 0.606 125.846 0.606

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.


Spark New Zealand  (NZSE:SPK) 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.


Spark New Zealand Shiller PE Ratio Related Terms

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Spark New Zealand (NZSE:SPK) Business Description

Traded in Other Exchanges
Address
167 Victoria Street West, Level 2, Spark City, Private Bag 92028, Auckland, NTL, NZL, 1010
Spark is one of only three integrated telecommunications groups in New Zealand. It is the dominant provider of fixed-line services in the country and effectively equal-number-one player in the mobile telephony market. It also has a commanding presence in the New Zealand corporate and wholesale telecommunications services provision space. Spark's operations are split into mobile, voice, broadband, and digital-related services.