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Varta AG (WBO:VAR1) Shiller PE Ratio : 18.35 (As of Apr. 26, 2024)


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What is Varta AG Shiller PE Ratio?

As of today (2024-04-26), Varta AG's current share price is €9.36. Varta AG's E10 for the fiscal year that ended in Dec22 was €0.51. Varta AG's Shiller PE Ratio for today is 18.35.

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

WBO:VAR1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.89   Med: 71.37   Max: 109.03
Current: 17.89

During the past 11 years, Varta AG's highest Shiller PE Ratio was 109.03. The lowest was 17.89. And the median was 71.37.

WBO:VAR1's Shiller PE Ratio is ranked better than
67.09% of 1714 companies
in the Industrial Products industry
Industry Median: 25.06 vs WBO:VAR1: 17.89

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.

Varta AG's adjusted earnings per share data of for the fiscal year that ended in Dec22 was €-4.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.51 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Varta AG Shiller PE Ratio Historical Data

The historical data trend for Varta 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.

Varta AG Shiller PE Ratio Chart

Varta AG Annual Data
Trend Dec09 Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 110.76 44.20

Varta AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 44.20 - - -

Competitive Comparison of Varta AG's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Varta 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.


Varta AG's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Varta AG's Shiller PE Ratio distribution charts can be found below:

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



Varta 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.

Varta AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.36/0.51
=18.35

* 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.

Varta AG's E10 for the fiscal year that ended in Dec22 is calculated as:

For example, Varta AG's adjusted earnings per share data for the fiscal year that ended in Dec22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec22 (Change)*Current CPI (Dec22)
=-4.96/119.3449*119.3449
=-4.960

Current CPI (Dec22) = 119.3449.

Varta AG Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200912 -0.650 92.919 -0.835
201012 1.957 94.132 2.481
201112 -1.198 95.998 -1.489
201612 1.053 101.217 1.242
201712 0.360 102.617 0.419
201812 0.660 104.217 0.756
201912 1.280 105.818 1.444
202012 2.360 105.518 2.669
202112 3.120 110.384 3.373
202212 -4.960 119.345 -4.960

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.


Varta AG  (WBO:VAR1) 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.


Varta AG Shiller PE Ratio Related Terms

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Varta AG (WBO:VAR1) Business Description

Traded in Other Exchanges
Address
VARTA-Platz 1, Ellwangen, BW, DEU, 73479
Varta AG manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. It operates in five reportable business segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Others. The company generates the majority of its revenue from the Consumer Batteries segment which comprises the product categories of household comprises the product categories of household batteries, rechargeable batteries, chargers, portable power (power banks), and lights.

Varta AG (WBO:VAR1) Headlines

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