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Fiera Milano SpACHIX:FMM 78 Shiller PE Ratio is 34.78 as of Aug. 22, 2026, which is 34% below its 10-year median of 52.67. GuruFocus rates CHIX:FMM with a GF Score™ of 78/100 and a GF Value™ of €2.82. The stock has 3 warning signs investors should review. Among 544 Business Services companies, Fiera Milano SpA ranks worse than 77.57% on this metric.
As of today (2026-08-22), Fiera Milano SpA's current share price is €3.13. Fiera Milano SpA's E10 for the quarter that ended in Jun. 2026 was €0.09. Fiera Milano SpA's Shiller PE Ratio for today is 34.78.
The historical rank and industry rank for Fiera Milano SpA's Shiller PE Ratio or its related term are showing as below:
CHIX:FMm'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 31.6 Med: 52.67 Max: 143.67
Current: 32.67
During the past years, Fiera Milano SpA's highest Shiller PE Ratio was 143.67. The lowest was 31.60. And the median was 52.67.
CHIX:FMm's Shiller PE Ratio is ranked worse than 77.57% of 544
companies
in the Business Services industry
Industry Median: 19.01
vs CHIX:FMm: 32.67
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.
Fiera Milano SpA's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.309. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.09 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Fiera Milano SpA (CHIX:FMm) 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.
Fiera Milano SpA Shiller PE Ratio Related Terms
Fiera Milano SpA Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Fiera Milano SpA'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.
CHIX:FMM vs CTAS, CPRT, GPN: Shiller PE Ratio Comparison
For the Specialty Business Services subindustry, Fiera Milano SpA'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.
Fiera Milano SpA Shiller PE Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Fiera Milano SpA's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Fiera Milano SpA's Shiller PE Ratio falls into.
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.
* 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.
Fiera Milano SpA's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Fiera Milano SpA's adjusted earnings per share data for the three months ended in Jun. 2026 was:
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.
Fiera Milano SpA (CHIX:FMM) has a Shiller PE Ratio of 34.78 as of Aug. 22, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Fiera Milano SpA and its competitors. This is 34% below median its historical median of 52.67. Over the past decade, Fiera Milano SpA's Shiller PE Ratio has ranged from 31.60 to 143.67. According to the industry distribution chart, Fiera Milano SpA ranks #422 out of 544 companies in the Business Services industry, placing it in the top 77.6%.
Is Fiera Milano SpA's Shiller PE Ratio too high?
Fiera Milano SpA's current Shiller PE Ratio of 34.78 is 34% below median its 10-year median of 52.67. Over the past 10 years, this metric has ranged from a low of 31.60 to a high of 143.67. The Business Services industry median Shiller PE Ratio is 19.01. Fiera Milano SpA's value of 34.78 is 83% above this industry median. Based on the distribution chart, Fiera Milano SpA ranks #422 out of 544 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Fiera Milano SpA has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Fiera Milano SpA's Shiller PE Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Fiera Milano SpA ranks #422 out of 544 companies for Shiller PE Ratio. This places Fiera Milano SpA in the lower half of its industry. The industry median Shiller PE Ratio is 19.01. Fiera Milano SpA's value of 34.78 is 83% above this benchmark. Historically, Fiera Milano SpA's own Shiller PE Ratio has ranged from 31.60 to 143.67 over the past decade. While the company's 10-year median is 52.67 vs. the industry median of 19.01, Fiera Milano SpA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Business Services company?
The median Shiller PE Ratio among Business Services companies is 19.01, based on 544 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fiera Milano SpA's current Shiller PE Ratio of 34.78 is 83% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Fiera Milano SpA and its competitors. For the Business Services industry, the median Shiller PE Ratio is 19.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Milano SpA's current Shiller PE Ratio is 34.78, which is 34% below median its own 10-year median of 52.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Milano SpA stock overvalued right now?
Fiera Milano SpA (CHIX:FMM) has a current Shiller PE Ratio of 34.78. The stock's GF Value™ is €2.82, compared to a current price of €3.13 — trading 11% above its estimated fair value. The current Shiller PE Ratio is 34.78, which is 34% below median its 10-year median of 52.67 and 83% above the Business Services industry median of 19.01. Fiera Milano SpA's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Fiera Milano SpA (CHIX:FMM), the current Shiller PE Ratio is 34.78 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fiera Milano SpA (CHIX:FMM) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Milano SpA stock appears to be overvalued.
The current stock price of €3.13 is trading 11% above its estimated GF Value™ of €2.82.
Key valuation signals for CHIX:FMM:
Shiller PE Ratio: 34.78 (34% below median its 10-year median of 52.67)
GF Value™: €2.82 vs. price of €3.13 (11% above fair value)
Industry Position: 83% above the Business Services median (#422 of 544)
No single metric tells the full story. See the CHIX:FMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other Sectors. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions segment. Geographically, it operates in Italy and Abroad, where it derives maximum revenue from Italy.
78GF Score
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