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Fras-le (BSP:FRAS3) Shiller PE Ratio : 24.61 (As of May. 06, 2024)


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What is Fras-le Shiller PE Ratio?

As of today (2024-05-06), Fras-le's current share price is R$18.46. Fras-le's E10 for the quarter that ended in Dec. 2023 was R$0.75. Fras-le's Shiller PE Ratio for today is 24.61.

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

BSP:FRAS3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.03   Med: 23.86   Max: 52.52
Current: 24.7

During the past years, Fras-le's highest Shiller PE Ratio was 52.52. The lowest was 13.03. And the median was 23.86.

BSP:FRAS3's Shiller PE Ratio is ranked worse than
61.22% of 820 companies
in the Vehicles & Parts industry
Industry Median: 17.835 vs BSP:FRAS3: 24.70

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.

Fras-le's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.328. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fras-le Shiller PE Ratio Historical Data

The historical data trend for Fras-le'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.

Fras-le Shiller PE Ratio Chart

Fras-le 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 22.83 20.06 23.62 14.73 22.74

Fras-le 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 14.73 13.44 17.98 22.56 22.74

Competitive Comparison of Fras-le's Shiller PE Ratio

For the Auto Parts subindustry, Fras-le'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.


Fras-le's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Fras-le's Shiller PE Ratio falls into.



Fras-le 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.

Fras-le's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.46/0.75
=24.61

* 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.

Fras-le's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Fras-le'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)
=0.328/156.2729*156.2729
=0.328

Current CPI (Dec. 2023) = 156.2729.

Fras-le Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.116 90.447 0.200
201406 0.079 91.838 0.134
201409 0.098 92.602 0.165
201412 0.078 94.194 0.129
201503 0.114 97.799 0.182
201506 0.115 100.006 0.180
201509 0.134 101.392 0.207
201512 0.064 104.247 0.096
201603 0.098 106.979 0.143
201606 0.087 108.851 0.125
201609 0.102 109.986 0.145
201612 0.050 110.802 0.071
201703 0.045 111.869 0.063
201706 0.127 112.115 0.177
201709 0.072 112.777 0.100
201712 0.048 114.068 0.066
201803 0.205 114.868 0.279
201806 0.085 117.038 0.113
201809 0.048 117.881 0.064
201812 0.086 118.340 0.114
201903 -0.010 120.124 -0.013
201906 0.133 120.977 0.172
201909 0.060 121.292 0.077
201912 -0.015 123.436 -0.019
202003 0.018 124.092 0.023
202006 0.081 123.557 0.102
202009 0.192 125.095 0.240
202012 0.583 129.012 0.706
202103 0.283 131.660 0.336
202106 0.217 133.871 0.253
202109 0.394 137.913 0.446
202112 0.102 141.992 0.112
202203 0.133 146.537 0.142
202206 0.269 149.784 0.281
202209 0.285 147.800 0.301
202212 0.125 150.207 0.130
202303 0.335 153.352 0.341
202306 0.368 154.519 0.372
202309 0.389 155.464 0.391
202312 0.328 156.273 0.328

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.


Fras-le  (BSP:FRAS3) 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.


Fras-le Shiller PE Ratio Related Terms

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


Fras-le (BSP:FRAS3) Business Description

Traded in Other Exchanges
N/A
Address
Rodovia Rs 122 - Km 660, 945 - Prédio Adm, Caxias Do Sul, RS, BRA, 95010550
Fras-le SA is engaged in manufacturing, marketing and import of components for brakes, couplings, transmissions, friction materials, resin-based products, auto parts, plastic artifacts and their derivative products. The company offers brake linings and pads for commercial vehicles; disc brake pads for hydraulic breaks for passenger and utility vehicles; brake linings and shoes for light vehicles; clutch facings for automotive vehicles; and motorcycle pads and shoes. It also provides aircraft pads; refitters; and pads and shoes for trains and subways, as well as universal flat sheets, molded and woven linings, and flexible molded blocks for industrial applications.

Fras-le (BSP:FRAS3) Headlines

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