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Mercedes-Benz Group AG (BSE:DAI) Shiller PE Ratio : 6.07 (As of May. 26, 2024)


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What is Mercedes-Benz Group AG Shiller PE Ratio?

As of today (2024-05-26), Mercedes-Benz Group AG's current share price is lei330.00. Mercedes-Benz Group AG's E10 for the quarter that ended in Mar. 2024 was lei54.39. Mercedes-Benz Group AG's Shiller PE Ratio for today is 6.07.

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

BSE:DAI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.82   Med: 9.03   Max: 19.46
Current: 6.07

During the past years, Mercedes-Benz Group AG's highest Shiller PE Ratio was 19.46. The lowest was 2.82. And the median was 9.03.

BSE:DAI's Shiller PE Ratio is ranked better than
93.27% of 832 companies
in the Vehicles & Parts industry
Industry Median: 17.65 vs BSE:DAI: 6.07

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.

Mercedes-Benz Group AG's adjusted earnings per share data for the three months ended in Mar. 2024 was lei14.257. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is lei54.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercedes-Benz Group AG Shiller PE Ratio Historical Data

The historical data trend for Mercedes-Benz Group 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.

Mercedes-Benz Group AG Shiller PE Ratio Chart

Mercedes-Benz Group 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 6.15 7.37 8.07 6.33 5.90

Mercedes-Benz Group AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.90 7.14 6.25 5.90 6.78

Competitive Comparison of Mercedes-Benz Group AG's Shiller PE Ratio

For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.


Mercedes-Benz Group AG's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Shiller PE Ratio falls into.



Mercedes-Benz Group 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.

Mercedes-Benz Group AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=330.00/54.39
=6.07

* 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.

Mercedes-Benz Group AG's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Mercedes-Benz Group AG's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.257/125.0381*125.0381
=14.257

Current CPI (Mar. 2024) = 125.0381.

Mercedes-Benz Group AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 12.276 99.543 15.420
201409 15.130 99.823 18.952
201412 5.825 99.543 7.317
201503 9.083 99.717 11.389
201506 10.912 100.417 13.588
201509 11.478 100.417 14.292
201512 8.393 99.717 10.524
201603 6.435 100.017 8.045
201606 11.697 100.717 14.522
201609 12.508 101.017 15.482
201612 9.724 101.217 12.013
201703 11.723 101.417 14.453
201706 11.749 102.117 14.386
201709 10.987 102.717 13.375
201712 15.902 102.617 19.376
201803 11.989 102.917 14.566
201806 8.626 104.017 10.369
201809 8.455 104.718 10.096
201812 7.618 104.217 9.140
201903 10.157 104.217 12.186
201906 -6.426 105.718 -7.600
201909 8.132 106.018 9.591
201912 -0.510 105.818 -0.603
202003 0.456 105.718 0.539
202006 -9.658 106.618 -11.327
202009 10.318 105.818 12.192
202012 18.189 105.518 21.554
202103 21.894 107.518 25.462
202106 18.566 108.486 21.399
202109 12.464 109.435 14.241
202112 61.253 110.384 69.385
202203 16.466 113.968 18.065
202206 14.108 115.760 15.239
202209 16.619 118.818 17.489
202212 18.073 119.345 18.935
202303 18.119 122.402 18.509
202306 16.596 123.140 16.852
202309 16.837 124.195 16.951
202312 14.954 123.773 15.107
202403 14.257 125.038 14.257

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.


Mercedes-Benz Group AG  (BSE:DAI) 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.


Mercedes-Benz Group AG Shiller PE Ratio Related Terms

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


Mercedes-Benz Group AG (BSE:DAI) Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).

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