Avex (FRA:AX8) Shiller PE Ratio: 19.43 (As of Sep. 01, 2026) — 23% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:AX8 Avex Inc FRA:AX8
85 GF Score
Price €6.80
GF Value €8.45
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Avex Shiller PE Ratio?

Avex FRA:AX8 +1.49% 85 Shiller PE Ratio is 19.43 as of Sep. 01, 2026, which is 23% above its 10-year median of 15.84. GuruFocus rates FRA:AX8 with a GF Score™ of 85/100 and a GF Value™ of €8.45 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 414 Media - Diversified companies, Avex ranks worse than 54.35% on this metric.

As of today (2026-09-01), Avex's current share price is €6.80. Avex's E10 for the quarter that ended in Mar. 2026 was €0.35. Avex's Shiller PE Ratio for today is 19.43.

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

FRA:AX8' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.3   Med: 15.84   Max: 23.41
Current: 19.38

During the past years, Avex's highest Shiller PE Ratio was 23.41. The lowest was 8.30. And the median was 15.84.

FRA:AX8's Shiller PE Ratio is ranked worse than
54.35% of 414 companies
in the Media - Diversified industry
Industry Median: 17.21 vs FRA:AX8: 19.38

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.

Avex's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.062. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avex  (FRA:AX8) 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.


Avex Shiller PE Ratio Related Terms


Avex Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Avex'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.

Avex Shiller PE Ratio Chart

Avex Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.11 16.22 16.25 18.71 17.93

Avex Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 17.66 17.63 16.80 17.93 0.00

FRA:AX8 vs NFLX, DIS, WBD: Shiller PE Ratio Comparison

For the Entertainment subindustry, Avex'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.


Avex Shiller PE Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Avex's Shiller PE Ratio distribution charts can be found below:

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


FRA:AX8
85GF Score
Avex Inc FRA:AX8
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avex 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.

Avex's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.80/0.35
=19.43

* 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.

Avex's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Avex's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.062/112.7000*112.7000
=0.062

Current CPI (Mar. 2026) = 112.7000.

Avex Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.094 98.100 0.108
201609 0.039 98.000 0.045
201612 -0.125 98.400 -0.143
201703 0.019 98.100 0.022
201706 0.060 98.500 0.069
201709 -0.168 98.800 -0.192
201712 0.476 99.400 0.540
201803 0.086 99.200 0.098
201806 -0.026 99.200 -0.030
201809 0.306 99.900 0.345
201812 0.151 99.700 0.171
201903 -0.012 99.700 -0.014
201906 -0.066 99.800 -0.075
201909 -0.275 100.100 -0.310
201912 0.346 100.500 0.388
202003 -0.225 100.300 -0.253
202006 -0.323 99.900 -0.364
202009 -0.292 99.900 -0.329
202012 -0.191 99.300 -0.217
202103 3.063 99.900 3.455
202106 0.002 99.500 0.002
202109 0.284 100.100 0.320
202112 0.137 100.100 0.154
202203 -0.260 101.100 -0.290
202206 0.263 101.800 0.291
202209 0.239 103.100 0.261
202212 -0.059 104.100 -0.064
202303 -0.013 104.400 -0.014
202306 0.391 105.200 0.419
202309 -0.035 106.200 -0.037
202312 -0.144 106.800 -0.152
202403 -0.061 107.200 -0.064
202406 0.239 108.200 0.249
202409 -0.025 108.900 -0.026
202412 0.077 110.700 0.078
202503 -0.142 111.100 -0.144
202506 0.108 111.700 0.109
202509 0.014 112.000 0.014
202512 0.284 113.000 0.283
202603 0.062 112.700 0.062

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 19.43 mean?
Avex (FRA:AX8) has a Shiller PE Ratio of 19.43 as of Sep. 01, 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 Avex and its competitors. This is 23% above median its historical median of 15.84. Over the past decade, Avex's Shiller PE Ratio has ranged from 8.30 to 23.41. According to the industry distribution chart, Avex ranks #225 out of 414 companies in the Media - Diversified industry, placing it in the top 54.3%.
Is Avex's Shiller PE Ratio too high?
Avex's current Shiller PE Ratio of 19.43 is 23% above median its 10-year median of 15.84. Over the past 10 years, this metric has ranged from a low of 8.30 to a high of 23.41. The Media - Diversified industry median Shiller PE Ratio is 17.21. Avex's value of 19.43 is 12.9% above this industry median. Based on the distribution chart, Avex ranks #225 out of 414 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Avex has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avex's Shiller PE Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Avex ranks #225 out of 414 companies for Shiller PE Ratio. This places Avex in the lower half of its industry. The industry median Shiller PE Ratio is 17.21. Avex's value of 19.43 is 12.9% above this benchmark. Historically, Avex's own Shiller PE Ratio has ranged from 8.30 to 23.41 over the past decade. While the company's 10-year median is 15.84 vs. the industry median of 17.21, Avex 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 Media - Diversified company?
The median Shiller PE Ratio among Media - Diversified companies is 17.21, based on 414 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. Avex's current Shiller PE Ratio of 19.43 is 12.9% 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 Avex and its competitors. For the Media - Diversified industry, the median Shiller PE Ratio is 17.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avex's current Shiller PE Ratio is 19.43, which is 23% above median its own 10-year median of 15.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avex stock overvalued right now?
Based on GuruFocus' analysis, Avex (FRA:AX8) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.45, compared to a current price of €6.80 — trading 19.5% below its estimated fair value. The current Shiller PE Ratio is 19.43, which is 23% above median its 10-year median of 15.84 and 12.9% above the Media - Diversified industry median of 17.21. Avex's overall GF Score™ is 85/100 with 2 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 Avex (FRA:AX8), the current Shiller PE Ratio is 19.43 as of Sep. 01, 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 Avex (FRA:AX8) Overvalued in 2026?

Based on GuruFocus' analysis, Avex stock appears to be undervalued. The current stock price of €6.80 is trading 19.5% below its estimated GF Value™ of €8.45. GuruFocus considers Avex to be Modestly Undervalued.

Key valuation signals for FRA:AX8:

  • Shiller PE Ratio: 19.43 (23% above median its 10-year median of 15.84)
  • GF Value™: €8.45 vs. price of €6.80 (19.5% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 12.9% above the Media - Diversified median (#225 of 414)

No single metric tells the full story. See the FRA:AX8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avex Business Description

Other Exchanges AVEXF:USA7860:Japan
Address Avex Building, 3-30-3 Minami Aoyama, Minato-ku, Tokyo, JPN, 107-8577
Avex Inc is a diversified media company, which holds a number of entertainment subsidiaries. The company has four primary business segments: music, video, management and live content, and other. The music segment designs, produces, and sells music and music-related content. The video segment plans, produces, sells, and distributes video content and feature films. The management and live business segment manages artists, sells merchandise, operates fan clubs, and is involved in the production of concerts and live events. The other business segment operates schools, restaurants, and real estate. The company generates the vast majority of its revenue in Japan.
85GF Score

Get the complete analysis for FRA:AX8

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.80
Price
€8.45
GF Value