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Veidekke ASA (CHIX:VEIO) Shiller PE Ratio : 13.29 (As of Jan. 18, 2025)


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What is Veidekke ASA Shiller PE Ratio?

As of today (2025-01-18), Veidekke ASA's current share price is kr119.60. Veidekke ASA's E10 for the quarter that ended in Sep. 2024 was kr9.00. Veidekke ASA's Shiller PE Ratio for today is 13.29.

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

CHIX:VEIo' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.73   Med: 14.11   Max: 21.36
Current: 15.08

During the past years, Veidekke ASA's highest Shiller PE Ratio was 21.36. The lowest was 9.73. And the median was 14.11.

CHIX:VEIo's Shiller PE Ratio is ranked better than
53.77% of 863 companies
in the Construction industry
Industry Median: 16.21 vs CHIX:VEIo: 15.08

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.

Veidekke ASA's adjusted earnings per share data for the three months ended in Sep. 2024 was kr3.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr9.00 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Veidekke ASA Shiller PE Ratio Historical Data

The historical data trend for Veidekke ASA'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.

Veidekke ASA Shiller PE Ratio Chart

Veidekke ASA 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 20.32 15.37 17.19 11.48 11.27

Veidekke ASA 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 11.03 11.27 12.96 12.35 13.29

Competitive Comparison of Veidekke ASA's Shiller PE Ratio

For the Engineering & Construction subindustry, Veidekke ASA'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.


Veidekke ASA's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Veidekke ASA's Shiller PE Ratio distribution charts can be found below:

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



Veidekke ASA 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.

Veidekke ASA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=119.60/9
=13.29

* 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.

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

For example, Veidekke ASA'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)
=3.4/133.7000*133.7000
=3.400

Current CPI (Sep. 2024) = 133.7000.

Veidekke ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 2.483 98.600 3.367
201503 -0.100 99.200 -0.135
201506 1.700 100.100 2.271
201509 1.800 100.600 2.392
201512 2.300 100.900 3.048
201603 -0.700 102.500 -0.913
201606 2.400 103.800 3.091
201609 3.100 104.200 3.978
201612 1.885 104.400 2.414
201703 -0.045 105.000 -0.057
201706 2.300 105.800 2.907
201709 3.000 105.900 3.788
201712 3.500 106.100 4.410
201803 -0.500 107.300 -0.623
201806 -1.100 108.500 -1.355
201809 3.300 109.500 4.029
201812 2.300 109.800 2.801
201903 0.200 110.400 0.242
201906 3.200 110.600 3.868
201909 2.800 111.100 3.370
201912 0.500 111.300 0.601
202003 -0.700 111.200 -0.842
202006 3.100 112.100 3.697
202009 11.200 112.900 13.263
202012 2.000 112.900 2.368
202103 0.007 114.600 0.008
202106 2.000 115.300 2.319
202109 2.900 117.500 3.300
202112 2.200 118.900 2.474
202203 -0.400 119.800 -0.446
202206 1.900 122.600 2.072
202209 3.000 125.600 3.193
202212 3.600 125.900 3.823
202303 -0.900 127.600 -0.943
202306 2.000 130.400 2.051
202309 3.300 129.800 3.399
202312 3.500 131.900 3.548
202403 0.100 132.600 0.101
202406 2.700 133.800 2.698
202409 3.400 133.700 3.400

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.


Veidekke ASA  (CHIX:VEIo) 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.


Veidekke ASA Shiller PE Ratio Related Terms

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


Veidekke ASA Business Description

Traded in Other Exchanges
Address
Skabos vei 4, Oslo, NOR, 0278
Veidekke ASA is engaged in construction and property development. It constructs building and residential projects, enters civil engineering contracts, and undertakes various infrastructure developments. The company has six operating segments; Construction Norway includes apartment complexes and non-residential buildings, Infrastructure Norway includes road maintenance, railways, power production, and airport, Construction Sweden includes construction projects, including residential units, offices, schools, and cultural buildings, Infrastructure Sweden includes infrastructure, extractive industries, heavy industry, energy, and recycling facilities/landfill, Denmark includes commercial buildings, and Other comprises undistributed costs.

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