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Mercedes-Benz Group AG (Mercedes-Benz Group AG) Shiller PE Ratio

: 6.78 (As of Today)
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As of today (2024-04-23), Mercedes-Benz Group AG's current share price is $79.435. Mercedes-Benz Group AG's E10 for the quarter that ended in Dec. 2023 was $11.71. Mercedes-Benz Group AG's Shiller PE Ratio for today is 6.78.

The historical rank and industry rank for Mercedes-Benz Group AG's Shiller PE Ratio or its related term are showing as below:

MBGAF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.82   Med: 9.24   Max: 19.46
Current: 7.06

During the past years, Mercedes-Benz Group AG's highest Shiller PE Ratio was 19.46. The lowest was 2.82. And the median was 9.24.

MBGAF's Shiller PE Ratio is ranked better than
90.66% of 814 companies
in the Vehicles & Parts industry
Industry Median: 17.525 vs MBGAF: 7.06

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.

Mercedes-Benz Group AG's adjusted earnings per share data for the three months ended in Dec. 2023 was $3.261. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $11.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercedes-Benz Group AG Shiller PE Ratio Historical Data

The historical data trend for Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.15 7.37 8.07 6.33 5.90

Mercedes-Benz Group AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 6.33 6.90 7.14 6.25 5.90

Competitive Comparison

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG'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.


Mercedes-Benz Group AG Shiller PE Ratio Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Shiller PE Ratio falls into.



Mercedes-Benz Group AG 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.

Mercedes-Benz Group AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=79.435/11.71
=6.78

* 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.

Mercedes-Benz Group AG's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Mercedes-Benz Group AG's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.261/123.6675*123.6675
=3.261

Current CPI (Dec. 2023) = 123.6675.

Mercedes-Benz Group AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.328 99.543 1.650
201406 2.677 99.543 3.326
201409 3.299 99.823 4.087
201412 1.270 99.543 1.578
201503 1.981 99.717 2.457
201506 2.379 100.417 2.930
201509 2.503 100.417 3.083
201512 1.830 99.717 2.270
201603 1.403 100.017 1.735
201606 2.551 100.717 3.132
201609 2.727 101.017 3.338
201612 2.120 101.217 2.590
201703 2.556 101.417 3.117
201706 2.562 102.117 3.103
201709 2.396 102.717 2.885
201712 3.467 102.617 4.178
201803 2.614 102.917 3.141
201806 1.881 104.017 2.236
201809 1.844 104.718 2.178
201812 1.661 104.217 1.971
201903 2.215 104.217 2.628
201906 -1.401 105.718 -1.639
201909 1.773 106.018 2.068
201912 -0.111 105.818 -0.130
202003 0.099 105.718 0.116
202006 -2.106 106.618 -2.443
202009 2.250 105.818 2.630
202012 3.966 105.518 4.648
202103 4.774 107.518 5.491
202106 4.048 108.486 4.614
202109 2.718 109.435 3.071
202112 13.356 110.384 14.963
202203 3.590 113.968 3.896
202206 3.076 115.760 3.286
202209 3.624 118.818 3.772
202212 3.941 119.345 4.084
202303 3.951 122.402 3.992
202306 3.619 123.140 3.634
202309 3.671 124.195 3.655
202312 3.261 123.668 3.261

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.


Mercedes-Benz Group AG  (OTCPK:MBGAF) 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.


Mercedes-Benz Group AG Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Mercedes-Benz Group AG's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercedes-Benz Group AG (Mercedes-Benz Group AG) Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).
Executives
Elizabeth Centoni Supervisory Board
Marie Wieck Supervisory Board