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Bayer AG (CHIX:BAYND) Shiller PE Ratio : 10.40 (As of Dec. 14, 2024)


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What is Bayer AG Shiller PE Ratio?

As of today (2024-12-14), Bayer AG's current share price is €19.765. Bayer AG's E10 for the quarter that ended in Sep. 2024 was €1.90. Bayer AG's Shiller PE Ratio for today is 10.40.

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

CHIX:BAYNd' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.2   Med: 17.71   Max: 45.7
Current: 10.66

During the past years, Bayer AG's highest Shiller PE Ratio was 45.70. The lowest was 10.20. And the median was 17.71.

CHIX:BAYNd's Shiller PE Ratio is ranked better than
88.82% of 465 companies
in the Drug Manufacturers industry
Industry Median: 26.78 vs CHIX:BAYNd: 10.66

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.

Bayer AG's adjusted earnings per share data for the three months ended in Sep. 2024 was €-4.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.90 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayer AG Shiller PE Ratio Historical Data

The historical data trend for Bayer 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.

Bayer AG Shiller PE Ratio Chart

Bayer 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 17.18 16.10 16.28 15.09 13.24

Bayer AG 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 18.32 13.24 11.13 10.89 16.16

Competitive Comparison of Bayer AG's Shiller PE Ratio

For the Drug Manufacturers - General subindustry, Bayer 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.


Bayer AG's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bayer AG's Shiller PE Ratio distribution charts can be found below:

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



Bayer 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.

Bayer AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=19.765/1.9
=10.40

* 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.

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

For example, Bayer AG'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)
=-4.26/126.1978*126.1978
=-4.260

Current CPI (Sep. 2024) = 126.1978.

Bayer AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.270 99.543 0.342
201503 1.620 99.717 2.050
201506 1.400 100.417 1.759
201509 1.210 100.417 1.521
201512 0.740 99.717 0.937
201603 1.830 100.017 2.309
201606 1.670 100.717 2.093
201609 1.430 101.017 1.786
201612 0.510 101.217 0.636
201703 2.390 101.417 2.974
201706 1.380 102.117 1.705
201709 4.380 102.717 5.381
201712 0.170 102.617 0.209
201803 2.210 102.917 2.710
201806 0.870 104.017 1.056
201809 2.930 104.718 3.531
201812 -4.260 104.217 -5.158
201903 1.270 104.217 1.538
201906 0.410 105.718 0.489
201909 1.050 106.018 1.250
201912 1.440 105.818 1.717
202003 1.520 105.718 1.814
202006 -9.720 106.618 -11.505
202009 -2.790 105.818 -3.327
202012 0.320 105.518 0.383
202103 2.130 107.518 2.500
202106 -2.380 108.486 -2.769
202109 0.090 109.435 0.104
202112 1.180 110.384 1.349
202203 3.350 113.968 3.709
202206 -0.300 115.760 -0.327
202209 0.560 118.818 0.595
202212 0.620 119.345 0.656
202303 2.220 122.402 2.289
202306 -1.920 123.140 -1.968
202309 -4.660 124.195 -4.735
202312 1.370 123.773 1.397
202403 2.040 125.038 2.059
202406 -0.030 125.882 -0.030
202409 -4.260 126.198 -4.260

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.


Bayer AG  (CHIX:BAYNd) 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.


Bayer AG Shiller PE Ratio Related Terms

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Bayer AG Business Description

Address
Kaiser-Wilhelm-Allee 1, Leverkusen, NW, DEU, 51368
Bayer is a German healthcare and agriculture conglomerate. Healthcare provides close to half of the company's sales and includes pharmaceutical drugs as well as vitamins and other consumer healthcare products. The firm also has a crop science business that includes seeds, pesticides, herbicides, and fungicides, which was expanded through its 2018 acquisition of Monsanto.

Bayer AG Headlines

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