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Jet2 (FRA:DG1) Shiller PE Ratio : 34.29 (As of Sep. 25, 2024)


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What is Jet2 Shiller PE Ratio?

As of today (2024-09-25), Jet2's current share price is €16.80. Jet2's E10 for the fiscal year that ended in Mar24 was €0.49. Jet2's Shiller PE Ratio for today is 34.29.

The historical rank and industry rank for Jet2's Shiller PE Ratio or its related term are showing as below:

FRA:DG1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.04   Med: 30.21   Max: 78.76
Current: 32.64

During the past 13 years, Jet2's highest Shiller PE Ratio was 78.76. The lowest was 10.04. And the median was 30.21.

FRA:DG1's Shiller PE Ratio is ranked worse than
63.4% of 377 companies
in the Travel & Leisure industry
Industry Median: 24.4 vs FRA:DG1: 32.64

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.

Jet2's adjusted earnings per share data of for the fiscal year that ended in Mar24 was €1.992. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.49 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jet2 Shiller PE Ratio Historical Data

The historical data trend for Jet2'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.

Jet2 Shiller PE Ratio Chart

Jet2 Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.66 40.63 69.19 47.05 33.71

Jet2 Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 69.19 - 47.05 - 33.71

Competitive Comparison of Jet2's Shiller PE Ratio

For the Travel Services subindustry, Jet2'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.


Jet2's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jet2's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jet2's Shiller PE Ratio falls into.



Jet2 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.

Jet2's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.80/0.49
=34.29

* 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.

Jet2's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Jet2's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=1.992/131.6000*131.6000
=1.992

Current CPI (Mar24) = 131.6000.

Jet2 Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.307 99.600 0.406
201603 0.766 100.400 1.004
201703 0.594 102.700 0.761
201803 0.814 105.100 1.019
201903 1.094 107.000 1.346
202003 0.871 108.600 1.055
202103 -1.762 109.700 -2.114
202203 -1.759 116.500 -1.987
202303 1.435 126.800 1.489
202403 1.992 131.600 1.992

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.


Jet2  (FRA:DG1) 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.


Jet2 Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Jet2's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Jet2 Business Description

Traded in Other Exchanges
Address
Low Fare Finder House, Leeds Bradford Airport, Leeds, GBR, LS19 7TU
Jet2 PLC provides licensed packages for leisure flights and stays at a multitude of vacation destinations. The company reports in one operating segment: leisure travel. The leisure travel segment delivers scheduled flights by its airline, Jet2.com, to the Mediterranean, Canary Islands, and other European vacation destinations. It utilizes licensed package holidays by its tour operator, Jet2holidays, to offer hotel accommodations and other useful amenities. It revenue through Package holidays and operates mainly in United Kingdom.

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