ALNPF (ANA Holdings) Shiller PE Ratio: 39.80 (As of Sep. 06, 2026) — Near Median

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ALNPF ANA Holdings Inc ALNPF
72 GF Score
Price $19.50
GF Value $20.64
Valuation Fairly Valued
! 2 Warning Signs
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What is ANA Holdings Shiller PE Ratio?

ANA Holdings ALNPF 72 Shiller PE Ratio is 39.80 as of Sep. 06, 2026, which is 4% below its 10-year median of 41.43. GuruFocus rates ALNPF with a GF Score™ of 72/100 and a GF Value™ of $20.64 (Fairly Valued). The stock has 2 warning signs investors should review. Among 598 Transportation companies, ANA Holdings ranks worse than 83.28% on this metric.

As of today (2026-09-06), ANA Holdings's current share price is $19.50. ANA Holdings's E10 for the quarter that ended in Jun. 2026 was $0.49. ANA Holdings's Shiller PE Ratio for today is 39.80.

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

ALNPF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.67   Med: 41.43   Max: 192.89
Current: 36.8

During the past years, ANA Holdings's highest Shiller PE Ratio was 192.89. The lowest was 11.67. And the median was 41.43.

ALNPF's Shiller PE Ratio is ranked worse than
83.28% of 598 companies
in the Transportation industry
Industry Median: 18.395 vs ALNPF: 36.80

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.

ANA Holdings's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.221. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ANA Holdings  (OTCPK:ALNPF) 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.


ANA Holdings Shiller PE Ratio Related Terms


ANA Holdings Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for ANA Holdings'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.

ANA Holdings Shiller PE Ratio Chart

ANA Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.93 102.34 60.09 38.38 35.27

ANA Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 38.16 41.18 39.32 35.27 36.42

ALNPF vs DAL, UAL, LUV: Shiller PE Ratio Comparison

For the Airlines subindustry, ANA Holdings'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.


ANA Holdings Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, ANA Holdings's Shiller PE Ratio distribution charts can be found below:

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


ALNPF
72GF Score
ANA Holdings Inc ALNPF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ANA Holdings 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.

ANA Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=19.50/0.49
=39.80

* 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.

ANA Holdings's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, ANA Holdings's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.221/113.6000*113.6000
=0.221

Current CPI (Jun. 2026) = 113.6000.

ANA Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.426 98.000 1.653
201612 0.717 98.400 0.828
201703 0.310 98.100 0.359
201706 1.314 98.500 1.515
201709 1.740 98.800 2.001
201712 0.902 99.400 1.031
201803 -0.256 99.200 -0.293
201806 0.437 99.200 0.500
201809 1.536 99.900 1.747
201812 0.882 99.700 1.005
201903 0.106 99.700 0.121
201906 0.316 99.800 0.360
201909 1.261 100.100 1.431
201912 0.812 100.500 0.918
202003 -1.632 100.300 -1.848
202006 -3.024 99.900 -3.439
202009 -2.255 99.900 -2.564
202012 -3.272 99.300 -3.743
202103 -1.859 99.900 -2.114
202106 -0.988 99.500 -1.128
202109 -0.920 100.100 -1.044
202112 -0.075 100.100 -0.085
202203 -0.732 101.100 -0.823
202206 0.014 101.800 0.016
202209 0.244 103.100 0.269
202212 0.607 104.100 0.662
202303 0.384 104.400 0.418
202306 0.417 105.200 0.450
202309 0.814 106.200 0.871
202312 0.743 106.800 0.790
202403 0.103 107.200 0.109
202406 0.373 108.200 0.392
202409 0.654 108.900 0.682
202412 0.661 110.700 0.678
202503 0.246 111.100 0.252
202506 0.304 111.700 0.309
202509 0.687 112.000 0.697
202512 0.772 113.000 0.776
202603 0.349 112.700 0.352
202606 0.221 113.600 0.221

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 39.80 mean?
ANA Holdings (ALNPF) has a Shiller PE Ratio of 39.80 as of Sep. 06, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ANA Holdings and its competitors. This is near median its historical median of 41.43. Over the past decade, ANA Holdings' Shiller PE Ratio has ranged from 11.67 to 192.89. According to the industry distribution chart, ANA Holdings ranks #498 out of 598 companies in the Transportation industry, placing it in the top 83.3%.
Is ANA Holdings' Shiller PE Ratio too high?
ANA Holdings' current Shiller PE Ratio of 39.80 is near median its 10-year median of 41.43. Over the past 10 years, this metric has ranged from a low of 11.67 to a high of 192.89. The Transportation industry median Shiller PE Ratio is 18.40. ANA Holdings' value of 39.80 is 116.4% above this industry median. Based on the distribution chart, ANA Holdings ranks #498 out of 598 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, ANA Holdings has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ANA Holdings' Shiller PE Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, ANA Holdings ranks #498 out of 598 companies for Shiller PE Ratio. This places ANA Holdings in the lower half of its industry. The industry median Shiller PE Ratio is 18.40. ANA Holdings' value of 39.80 is 116.4% above this benchmark. Historically, ANA Holdings' own Shiller PE Ratio has ranged from 11.67 to 192.89 over the past decade. While the company's 10-year median is 41.43 vs. the industry median of 18.40, ANA Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Transportation company?
The median Shiller PE Ratio among Transportation companies is 18.40, based on 598 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ANA Holdings's current Shiller PE Ratio of 39.80 is 116.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ANA Holdings and its competitors. For the Transportation industry, the median Shiller PE Ratio is 18.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ANA Holdings's current Shiller PE Ratio is 39.80, which is near median its own 10-year median of 41.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANA Holdings stock overvalued right now?
Based on GuruFocus' analysis, ANA Holdings (ALNPF) is currently considered Fairly Valued. The stock's GF Value™ is $20.64, compared to a current price of $19.50 — trading 5.5% below its estimated fair value. The current Shiller PE Ratio is 39.80, which is near median its 10-year median of 41.43 and 116.4% above the Transportation industry median of 18.40. ANA Holdings' overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For ANA Holdings (ALNPF), the current Shiller PE Ratio is 39.80 as of Sep. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ANA Holdings (ALNPF) Overvalued in 2026?

Based on GuruFocus' analysis, ANA Holdings stock appears to be undervalued. The current stock price of $19.50 is trading 5.5% below its estimated GF Value™ of $20.64. GuruFocus considers ANA Holdings to be Fairly Valued.

Key valuation signals for ALNPF:

  • Shiller PE Ratio: 39.80 (near median its 10-year median of 41.43)
  • GF Value™: $20.64 vs. price of $19.50 (5.5% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 116.4% above the Transportation median (#498 of 598)

No single metric tells the full story. See the ALNPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ANA Holdings Business Description

Address 1-5-2 Higashi-Shinbashi, Shiodome City Center, Minato-ku, Tokyo, JPN, 105-7140
ANA Holdings is the holding firm of Japan's largest airline, All Nippon Airways. Besides the flagship carrier, ANA also owns discount airline Peach Aviation, Hokkaido-based Air Do, and airfreight carrier Nippon Cargo Airlines. Air Japan, which was launched to provide discount flights to Southeast Asia, will cease in 2026. Prior to covid-19, passenger transport made up over 50% of group revenue, split almost equally between domestic and international passenger routes while cargo revenue made up 4%-5%. Its primary hub is Tokyo's Narita International Airport, but it is also expanding routes from Haneda Airport. ANA has minor stakes in Philippine Airlines, Vietnam Airlines, and IHG ANA Hotels Group Japan. The latter is a hotel chain in Japan owned and operated by InterContinental Hotels Group.
72GF Score

Get the complete analysis for ALNPF

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.50
Price
$20.64
GF Value