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Movida Participacoes (BSP:MOVI3) Shiller PE Ratio : 8.87 (As of Jun. 24, 2024)


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What is Movida Participacoes Shiller PE Ratio?

As of today (2024-06-24), Movida Participacoes's current share price is R$5.94. Movida Participacoes's E10 for the quarter that ended in Dec. 2023 was R$0.67. Movida Participacoes's Shiller PE Ratio for today is 8.87.

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

BSP:MOVI3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.87   Med: 12.07   Max: 16.9
Current: 8.92

During the past years, Movida Participacoes's highest Shiller PE Ratio was 16.90. The lowest was 8.87. And the median was 12.07.

BSP:MOVI3's Shiller PE Ratio is ranked better than
83.86% of 539 companies
in the Business Services industry
Industry Median: 19.69 vs BSP:MOVI3: 8.92

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.

Movida Participacoes's adjusted earnings per share data for the three months ended in Dec. 2023 was R$-1.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Movida Participacoes Shiller PE Ratio Historical Data

The historical data trend for Movida Participacoes'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.

Movida Participacoes Shiller PE Ratio Chart

Movida Participacoes 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 - - - - 17.85

Movida Participacoes 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 - - - 17.85 -

Competitive Comparison of Movida Participacoes's Shiller PE Ratio

For the Rental & Leasing Services subindustry, Movida Participacoes'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.


Movida Participacoes's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Movida Participacoes's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Movida Participacoes's Shiller PE Ratio falls into.



Movida Participacoes 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.

Movida Participacoes's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.94/0.67
=8.87

* 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.

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

For example, Movida Participacoes'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)
=-1.65/157.1481*157.1481
=-1.650

Current CPI (Dec. 2023) = 157.1481.

Movida Participacoes Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
0.000 0.000
201403 0.000 90.447 0.000
201406 0.000 91.838 0.000
201412 0.008 94.194 0.013
201503 0.038 97.799 0.061
201506 0.020 100.006 0.031
201509 0.019 101.392 0.029
201512 0.028 104.247 0.042
201603 0.023 106.979 0.034
201606 0.019 108.851 0.027
201609 0.019 109.986 0.027
201612 0.000 110.802 0.000
201703 0.136 111.869 0.191
201706 0.052 112.115 0.073
201709 0.068 112.777 0.095
201712 0.092 114.068 0.127
201803 0.124 114.868 0.170
201806 0.185 117.038 0.248
201809 0.156 117.881 0.208
201812 0.220 118.340 0.292
201903 0.160 120.124 0.209
201906 0.156 120.977 0.203
201909 0.202 121.292 0.262
201912 0.290 123.436 0.369
202003 -0.484 124.092 -0.613
202006 0.009 123.557 0.011
202009 0.125 125.095 0.157
202012 0.617 129.012 0.752
202103 0.365 131.660 0.436
202106 0.584 133.871 0.686
202109 0.718 137.913 0.818
202112 0.789 141.992 0.873
202203 0.713 146.537 0.765
202206 0.516 149.784 0.541
202209 0.259 147.800 0.275
202212 0.049 150.207 0.051
202303 0.058 153.352 0.059
202306 -0.050 154.519 -0.051
202309 -0.183 155.464 -0.185
202312 -1.650 157.148 -1.650

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.


Movida Participacoes  (BSP:MOVI3) 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.


Movida Participacoes Shiller PE Ratio Related Terms

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


Movida Participacoes (BSP:MOVI3) Business Description

Traded in Other Exchanges
N/A
Address
Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001
Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.

Movida Participacoes (BSP:MOVI3) Headlines

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