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Aena SME (FRA:A440) Shiller PE Ratio : 27.62 (As of Jun. 17, 2024)


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What is Aena SME Shiller PE Ratio?

As of today (2024-06-17), Aena SME's current share price is €17.40. Aena SME's E10 for the quarter that ended in Mar. 2024 was €0.63. Aena SME's Shiller PE Ratio for today is 27.62.

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

FRA:A440' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.77   Med: 25.08   Max: 28.6
Current: 27.64

During the past years, Aena SME's highest Shiller PE Ratio was 28.60. The lowest was 19.77. And the median was 25.08.

FRA:A440's Shiller PE Ratio is ranked worse than
73.19% of 567 companies
in the Transportation industry
Industry Median: 16.63 vs FRA:A440: 27.64

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.

Aena SME's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.174. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aena SME Shiller PE Ratio Historical Data

The historical data trend for Aena SME'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.

Aena SME Shiller PE Ratio Chart

Aena SME 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 - - - 20.89 25.71

Aena SME 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 25.58 24.45 22.78 25.71 27.32

Competitive Comparison of Aena SME's Shiller PE Ratio

For the Airports & Air Services subindustry, Aena SME'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.


Aena SME's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aena SME's Shiller PE Ratio distribution charts can be found below:

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



Aena SME 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.

Aena SME's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=17.40/0.63
=27.62

* 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.

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

For example, Aena SME'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)
=0.174/122.7621*122.7621
=0.174

Current CPI (Mar. 2024) = 122.7621.

Aena SME Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.140 101.081 0.170
201409 0.130 100.441 0.159
201412 0.087 100.251 0.107
201503 0.008 99.474 0.010
201506 0.176 101.138 0.214
201509 0.242 99.559 0.298
201512 0.130 100.268 0.159
201603 0.019 98.638 0.024
201606 0.309 100.333 0.378
201609 0.302 99.737 0.372
201612 0.146 101.842 0.176
201703 0.054 100.896 0.066
201706 0.253 101.848 0.305
201709 0.337 101.524 0.407
201712 0.177 102.975 0.211
201803 0.074 102.122 0.089
201806 0.269 104.165 0.317
201809 0.336 103.818 0.397
201812 0.206 104.193 0.243
201903 0.091 103.488 0.108
201906 0.282 104.612 0.331
201909 0.370 103.905 0.437
201912 0.218 105.015 0.255
202003 0.015 103.469 0.018
202006 -0.129 104.254 -0.152
202009 0.042 103.521 0.050
202012 -0.013 104.456 -0.015
202103 -0.161 104.857 -0.188
202106 -0.070 107.102 -0.080
202109 0.149 107.669 0.170
202112 -0.235 111.298 -0.259
202203 -0.028 115.153 -0.030
202206 0.213 118.044 0.222
202209 0.258 117.221 0.270
202212 0.158 117.650 0.165
202303 0.089 118.948 0.092
202306 0.316 120.278 0.323
202309 0.354 121.343 0.358
202312 0.328 121.300 0.332
202403 0.174 122.762 0.174

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.


Aena SME  (FRA:A440) 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.


Aena SME Shiller PE Ratio Related Terms

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


Aena SME (FRA:A440) Business Description

Address
Calle Peonias, 12, Madrid, ESP, 28042
Aena is a Spanish airport operator with 46 airports in Spain, including Madrid and Barcelona, and has stakes in 23 international airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. In 2019, before the onset of the pandemic, the group catered to 275 million passengers through its Spanish airport network. The group was semiprivatized in 2015, with a listing on the Madrid exchange.

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