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Gerdau (BUE:GGB) Shiller PE Ratio : 8.00 (As of Jan. 18, 2025)


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What is Gerdau Shiller PE Ratio?

As of today (2025-01-18), Gerdau's current share price is ARS13575.00. Gerdau's E10 for the quarter that ended in Sep. 2024 was ARS1,697.91. Gerdau's Shiller PE Ratio for today is 8.00.

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

BUE:GGB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.74   Med: 14.92   Max: 64.97
Current: 9.23

During the past years, Gerdau's highest Shiller PE Ratio was 64.97. The lowest was 1.74. And the median was 14.92.

BUE:GGB's Shiller PE Ratio is ranked better than
73.94% of 330 companies
in the Steel industry
Industry Median: 15.435 vs BUE:GGB: 9.23

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.

Gerdau's adjusted earnings per share data for the three months ended in Sep. 2024 was ARS109.849. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS1,697.91 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gerdau Shiller PE Ratio Historical Data

The historical data trend for Gerdau'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.

Gerdau Shiller PE Ratio Chart

Gerdau 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 35.83 53.31 22.27 16.06 11.51

Gerdau Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 11.75 11.51 10.31 10.08 10.15

Competitive Comparison of Gerdau's Shiller PE Ratio

For the Steel subindustry, Gerdau'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.


Gerdau's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Gerdau's Shiller PE Ratio distribution charts can be found below:

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



Gerdau 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.

Gerdau's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13575.00/1697.91
=8.00

* 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.

Gerdau's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Gerdau's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=109.849/162.3424*162.3424
=109.849

Current CPI (Sep. 2024) = 162.3424.

Gerdau Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.598 94.194 1.031
201503 0.379 97.799 0.629
201506 0.348 100.006 0.565
201509 -2.199 101.392 -3.521
201512 -4.974 104.247 -7.746
201603 0.031 106.979 0.047
201606 0.130 108.851 0.194
201609 0.203 109.986 0.300
201612 -6.748 110.802 -9.887
201703 1.885 111.869 2.735
201706 0.178 112.115 0.258
201709 0.376 112.777 0.541
201712 -3.723 114.068 -5.299
201803 1.268 114.868 1.792
201806 2.100 117.038 2.913
201809 3.270 117.881 4.503
201812 1.768 118.340 2.425
201903 2.100 120.124 2.838
201906 2.023 120.977 2.715
201909 1.832 121.292 2.452
201912 7.189 123.436 9.455
202003 1.313 124.092 1.718
202006 1.885 123.557 2.477
202009 5.096 125.095 6.613
202012 7.799 129.012 9.814
202103 18.142 131.660 22.370
202106 34.238 133.871 41.520
202109 47.923 137.913 56.412
202112 29.581 141.992 33.820
202203 29.128 146.537 32.270
202206 47.280 149.784 51.244
202209 37.319 147.800 40.991
202212 21.308 150.207 23.030
202303 48.042 153.352 50.858
202306 49.941 154.519 52.470
202309 52.435 155.464 54.755
202312 20.593 157.148 21.274
202403 136.757 159.372 139.306
202406 68.167 161.052 68.713
202409 109.849 162.342 109.849

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.


Gerdau  (BUE:GGB) 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.


Gerdau Shiller PE Ratio Related Terms

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


Gerdau Business Description

Address
Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070
Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutor, mechanical construction bars, reinforced steel locks. The company's geographical segment includes Brazil Operations; North America Operations; South America Operations as well as Special Steel Operations. It derives majority of the revenue from the North America Operations segment.

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