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Hydro One (FRA:8H1) Shiller PE Ratio : 0.03 (As of Jun. 20, 2024)


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What is Hydro One Shiller PE Ratio?

As of today (2024-06-20), Hydro One's current share price is €26.40. Hydro One's E10 for the quarter that ended in Mar. 2024 was €794.60. Hydro One's Shiller PE Ratio for today is 0.03.

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

FRA:8H1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.03
Current: 0.03

During the past years, Hydro One's highest Shiller PE Ratio was 0.03. The lowest was 0.01. And the median was 0.01.

FRA:8H1's Shiller PE Ratio is ranked better than
99.49% of 389 companies
in the Utilities - Regulated industry
Industry Median: 15.33 vs FRA:8H1: 0.03

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.

Hydro One's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.333. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €794.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hydro One Shiller PE Ratio Historical Data

The historical data trend for Hydro One'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.

Hydro One Shiller PE Ratio Chart

Hydro One 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 0.01 0.01 0.01 0.02 0.03

Hydro One 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 0.02 0.02 0.02 0.03 0.03

Competitive Comparison of Hydro One's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Hydro One'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.


Hydro One's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hydro One's Shiller PE Ratio distribution charts can be found below:

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



Hydro One 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.

Hydro One's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=26.40/794.6
=0.03

* 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.

Hydro One's E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.333/126.2576*126.2576
=0.333

Current CPI (Mar. 2024) = 126.2576.

Hydro One Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.131 99.473 0.166
201409 1,219.217 99.394 1,548.735
201412 1,427.619 98.367 1,832.399
201503 1,669.615 99.789 2,112.467
201506 943.963 100.500 1,185.891
201509 1,262.687 100.421 1,587.548
201512 0.161 99.947 0.203
201603 0.238 101.054 0.297
201606 0.173 102.002 0.214
201609 0.265 101.765 0.329
201612 0.149 101.449 0.185
201703 0.196 102.634 0.241
201706 0.134 103.029 0.164
201709 0.253 103.345 0.309
201712 0.172 103.345 0.210
201803 0.232 105.004 0.279
201806 0.215 105.557 0.257
201809 0.210 105.636 0.251
201812 -0.772 105.399 -0.925
201903 0.192 106.979 0.227
201906 0.173 107.690 0.203
201909 0.274 107.611 0.321
201912 0.239 107.769 0.280
202003 0.246 107.927 0.288
202006 1.206 108.401 1.405
202009 0.302 108.164 0.353
202012 0.173 108.559 0.201
202103 0.301 110.298 0.345
202106 0.272 111.720 0.307
202109 0.335 112.905 0.375
202112 0.180 113.774 0.200
202203 0.373 117.646 0.400
202206 0.310 120.806 0.324
202209 0.386 120.648 0.404
202212 0.208 120.964 0.217
202303 0.321 122.702 0.330
202306 0.306 124.203 0.311
202309 0.409 125.230 0.412
202312 0.205 125.072 0.207
202403 0.333 126.258 0.333

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.


Hydro One  (FRA:8H1) 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.


Hydro One Shiller PE Ratio Related Terms

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Hydro One (FRA:8H1) Business Description

Traded in Other Exchanges
Address
483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5
Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47% common equity stake.

Hydro One (FRA:8H1) Headlines

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