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VEON (VEON) Shiller PE Ratio : 7.37 (As of Apr. 27, 2024)


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What is VEON Shiller PE Ratio?

As of today (2024-04-27), VEON's current share price is $23.43. VEON's E10 for the quarter that ended in Jun. 2023 was $3.18. VEON's Shiller PE Ratio for today is 7.37.

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

VEON' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.82   Med: 6.88   Max: 24.83
Current: 7.81

During the past years, VEON's highest Shiller PE Ratio was 24.83. The lowest was 3.82. And the median was 6.88.

VEON's Shiller PE Ratio is ranked better than
81.6% of 212 companies
in the Telecommunication Services industry
Industry Median: 14.755 vs VEON: 7.81

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.

VEON's adjusted earnings per share data for the three months ended in Jun. 2023 was $3.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.18 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


VEON Shiller PE Ratio Historical Data

The historical data trend for VEON'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.

VEON Shiller PE Ratio Chart

VEON Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.06 8.14 - 11.97 3.58

VEON Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23
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 21.55 11.97 4.85 3.58 6.20

Competitive Comparison of VEON's Shiller PE Ratio

For the Telecom Services subindustry, VEON'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.


VEON's Shiller PE Ratio Distribution in the Telecommunication Services Industry

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

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



VEON 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.

VEON's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.43/3.18
=7.37

* 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.

VEON's E10 for the quarter that ended in Jun. 2023 is calculated as:

For example, VEON's adjusted earnings per share data for the three months ended in Jun. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=3.5/125.8300*125.8300
=3.500

Current CPI (Jun. 2023) = 125.8300.

VEON Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201212 3.011 96.760 3.916
201303 6.299 98.580 8.040
201306 8.847 98.320 11.322
201309 3.937 99.080 5.000
201312 -38.038 98.360 -48.661
201403 0.543 99.390 0.687
201406 1.430 99.240 1.813
201409 1.502 99.960 1.891
201412 -13.368 99.050 -16.982
201503 2.316 99.750 2.922
201506 1.544 100.230 1.938
201509 -14.250 100.500 -17.842
201512 0.300 99.730 0.379
201603 2.750 100.310 3.450
201606 2.000 100.260 2.510
201609 6.250 100.570 7.820
201612 23.485 100.710 29.343
201703 -0.071 101.440 -0.088
201706 -4.000 101.370 -4.965
201709 1.750 102.030 2.158
201712 -4.645 101.970 -5.732
201803 -1.500 102.470 -1.842
201806 -2.000 103.100 -2.441
201809 12.250 103.950 14.828
201812 -0.272 103.970 -0.329
201903 7.000 105.370 8.359
201906 1.000 105.840 1.189
201909 0.500 106.700 0.590
201912 0.314 106.800 0.370
202003 1.500 106.850 1.766
202006 2.250 107.510 2.633
202009 -8.750 107.880 -10.206
202012 0.000 107.850 0.000
202103 1.750 108.870 2.023
202106 1.500 109.670 1.721
202109 2.250 110.790 2.555
202112 4.250 114.010 4.691
202206 2.000 119.050 2.114
202212 2.852 124.940 2.872
202306 3.500 125.830 3.500

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.


VEON  (NAS:VEON) 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.


VEON Shiller PE Ratio Related Terms

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


VEON (VEON) Business Description

Traded in Other Exchanges
Address
Claude Debussylaan 88, Amsterdam, NLD, 1082 MD
VEON Ltd is a global provider of connectivity and internet services. The company provides its customers with voice, fixed broadband, data, and digital services. Currently, the company offers services to customers in the following countries: Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. The reportable segments currently consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. The company provides services under the Beeline, Kyivstar, banglalink and Jazz brands.