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Cellnex Telecom (XMAD:CLNX) Shiller PE Ratio : 14.51 (As of Apr. 25, 2024)


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What is Cellnex Telecom Shiller PE Ratio?

As of today (2024-04-25), Cellnex Telecom's current share price is €31.06. Cellnex Telecom's E10 for the quarter that ended in Dec. 2023 was €2.14. Cellnex Telecom's Shiller PE Ratio for today is 14.51.

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

XMAD:CLNX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.93   Med: 15.76   Max: 17.07
Current: 14.38

During the past years, Cellnex Telecom's highest Shiller PE Ratio was 17.07. The lowest was 11.93. And the median was 15.76.

XMAD:CLNX's Shiller PE Ratio is ranked worse than
63.77% of 1060 companies
in the Real Estate industry
Industry Median: 10.92 vs XMAD:CLNX: 14.38

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.

Cellnex Telecom's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.141. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cellnex Telecom Shiller PE Ratio Historical Data

The historical data trend for Cellnex Telecom'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.

Cellnex Telecom Shiller PE Ratio Chart

Cellnex Telecom 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 - - - - 16.70

Cellnex Telecom 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 - - 16.46 14.94 16.70

Competitive Comparison of Cellnex Telecom's Shiller PE Ratio

For the Real Estate Services subindustry, Cellnex Telecom'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.


Cellnex Telecom's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cellnex Telecom's Shiller PE Ratio distribution charts can be found below:

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



Cellnex Telecom 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.

Cellnex Telecom's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=31.06/2.14
=14.51

* 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.

Cellnex Telecom's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Cellnex Telecom'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)
=-0.141/121.2698*121.2698
=-0.141

Current CPI (Dec. 2023) = 121.2698.

Cellnex Telecom Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 13.291 101.306 15.910
201406 5.213 101.081 6.254
201409 0.037 100.441 0.045
201412 0.051 100.251 0.062
201503 0.026 99.474 0.032
201506 0.033 101.138 0.040
201509 0.003 99.559 0.004
201512 0.093 100.268 0.112
201603 0.036 98.638 0.044
201606 0.043 100.333 0.052
201609 0.036 99.737 0.044
201612 0.016 101.842 0.019
201703 0.036 100.896 0.043
201706 0.019 101.848 0.023
201709 0.053 101.524 0.063
201712 -0.022 102.975 -0.026
201803 -0.122 102.122 -0.145
201806 0.020 104.165 0.023
201809 0.016 103.818 0.019
201812 0.036 104.193 0.042
201903 0.000 103.488 0.000
201906 -0.001 104.612 -0.001
201909 -0.031 103.905 -0.036
201912 0.006 105.015 0.007
202003 -0.067 103.469 -0.079
202006 -0.030 104.254 -0.035
202009 -0.078 103.521 -0.091
202012 -0.098 104.456 -0.114
202103 -0.082 104.857 -0.095
202106 -0.035 107.102 -0.040
202109 -0.115 107.669 -0.130
202112 -0.321 111.298 -0.350
202203 -0.137 115.153 -0.144
202206 -0.115 118.044 -0.118
202209 -0.126 117.221 -0.130
202212 -0.060 117.650 -0.062
202303 -0.129 118.948 -0.132
202306 -0.145 120.278 -0.146
202309 -0.006 121.343 -0.006
202312 -0.141 121.270 -0.141

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.


Cellnex Telecom  (XMAD:CLNX) 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.


Cellnex Telecom Shiller PE Ratio Related Terms

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


Cellnex Telecom (XMAD:CLNX) Business Description

Address
Passeig Zona Franca, 105, Barcelona, ESP, 08038
Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Cellnex's strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.

Cellnex Telecom (XMAD:CLNX) Headlines

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