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Forbo Holding AG (XSWX:FORN) Shiller PE Ratio : 15.02 (As of May. 12, 2024)


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What is Forbo Holding AG Shiller PE Ratio?

As of today (2024-05-12), Forbo Holding AG's current share price is CHF1090.00. Forbo Holding AG's E10 for the fiscal year that ended in Dec23 was CHF72.57. Forbo Holding AG's Shiller PE Ratio for today is 15.02.

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

XSWX:FORN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.5   Med: 25.05   Max: 37.34
Current: 15.02

During the past 13 years, Forbo Holding AG's highest Shiller PE Ratio was 37.34. The lowest was 13.50. And the median was 25.05.

XSWX:FORN's Shiller PE Ratio is ranked better than
54.57% of 984 companies
in the Construction industry
Industry Median: 15.805 vs XSWX:FORN: 15.02

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.

Forbo Holding AG's adjusted earnings per share data of for the fiscal year that ended in Dec23 was CHF72.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF72.57 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forbo Holding AG Shiller PE Ratio Historical Data

The historical data trend for Forbo Holding 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.

Forbo Holding AG Shiller PE Ratio Chart

Forbo Holding 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 24.27 22.66 26.38 15.52 14.52

Forbo Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 26.38 - 15.52 - 14.52

Competitive Comparison of Forbo Holding AG's Shiller PE Ratio

For the Building Products & Equipment subindustry, Forbo Holding 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.


Forbo Holding AG's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Forbo Holding AG's Shiller PE Ratio distribution charts can be found below:

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



Forbo Holding 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.

Forbo Holding AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1090.00/72.57
=15.02

* 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.

Forbo Holding AG's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Forbo Holding AG's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=72.55/106.4611*106.4611
=72.550

Current CPI (Dec23) = 106.4611.

Forbo Holding AG Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 61.950 100.704 65.492
201512 62.130 99.386 66.553
201612 74.650 99.380 79.969
201712 22.360 100.213 23.754
201812 82.380 100.906 86.915
201912 86.330 101.063 90.941
202012 66.600 100.241 70.733
202112 91.620 101.776 95.838
202212 71.760 104.666 72.991
202312 72.550 106.461 72.550

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.


Forbo Holding AG  (XSWX:FORN) 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.


Forbo Holding AG Shiller PE Ratio Related Terms

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Forbo Holding AG (XSWX:FORN) Business Description

Traded in Other Exchanges
Address
Lindenstrasse 8, P.O. Box 1339, Baar, CHE, CH-6341
Forbo Holding AG manufactures and sells flooring and movement systems. The company organizes itself into two segments based on product type. The Flooring Systems segment, which generates the majority of revenue, sells commercial and residential floor coverings, entrance flooring systems, and building and construction flooring adhesives to the construction and remodeling industries. The Movement Systems segment sells conveyor and processing belts, plastic modular belts, power transmission belts, and flat modular belts, to the food, automotive, and fitness equipment industries. The majority of revenue comes from Europe.

Forbo Holding AG (XSWX:FORN) Headlines

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