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Air France-KLM (Air France-KLM) Shiller PE Ratio

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Shiller PE for Stocks: The True Measure of Stock Valuation


Air France-KLM Shiller PE Ratio Historical Data

The historical data trend for Air France-KLM'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.

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Air France-KLM Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
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Air France-KLM Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison

For the Airlines subindustry, Air France-KLM'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.


Air France-KLM Shiller PE Ratio Distribution

For the Transportation industry and Industrials sector, Air France-KLM's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Air France-KLM's Shiller PE Ratio falls into.



Air France-KLM 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.

Air France-KLM's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Air France-KLM's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.438/118.2600*118.2600
=0.438

Current CPI (Sep. 2023) = 118.2600.

Air France-KLM Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 -2.743 99.800 -3.250
201403 -1.430 100.240 -1.687
201406 -0.027 100.180 -0.032
201409 0.188 99.920 0.223
201412 0.647 99.860 0.766
201503 -1.032 100.170 -1.218
201506 -0.153 100.440 -0.180
201509 0.923 99.950 1.092
201512 0.478 100.040 0.565
201603 -0.303 100.020 -0.358
201606 0.062 100.630 0.073
201609 0.934 100.340 1.101
201612 0.548 100.650 0.644
201703 -0.270 101.170 -0.316
201706 1.111 101.320 1.297
201709 1.094 101.330 1.277
201712 -1.623 101.850 -1.884
201803 -0.398 102.750 -0.458
201806 0.135 103.370 0.154
201809 1.099 103.560 1.255
201812 -0.287 103.470 -0.328
201903 -0.439 103.890 -0.500
201906 0.119 104.580 0.135
201909 0.481 104.500 0.544
201912 0.179 104.980 0.202
202003 -2.352 104.590 -2.659
202006 -3.483 104.790 -3.931
202009 -2.302 104.550 -2.604
202012 -1.466 104.960 -1.652
202103 -2.077 105.750 -2.323
202106 -1.464 106.340 -1.628
202109 -0.179 106.810 -0.198
202112 -0.114 107.850 -0.125
202203 -1.035 110.490 -1.108
202206 0.090 112.550 0.095
202209 0.177 112.740 0.186
202212 0.204 114.160 0.211
202303 -0.150 116.790 -0.152
202306 0.206 117.650 0.207
202309 0.438 118.260 0.438

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.


Air France-KLM  (OTCPK:AFLYY) 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.


Air France-KLM Shiller PE Ratio Related Terms

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Air France-KLM (Air France-KLM) Business Description

Address
2 Rue Robert Esnault-Pelterie, Paris, FRA, 75007
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The Group has four segments which include Network, Maintenance, Transavia, and Other. The Network segment derives key revenue which includes the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. Its geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.

Air France-KLM (Air France-KLM) Headlines

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