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Gerdau (FRA:GDUB) Shiller PE Ratio : 11.19 (As of May. 16, 2024)


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What is Gerdau Shiller PE Ratio?

As of today (2024-05-16), Gerdau's current share price is €3.58. Gerdau's E10 for the quarter that ended in Mar. 2024 was €0.32. Gerdau's Shiller PE Ratio for today is 11.19.

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

FRA:GDUB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.74   Med: 13.47   Max: 64.97
Current: 11.27

During the past years, Gerdau's highest Shiller PE Ratio was 64.97. The lowest was 1.74. And the median was 13.47.

FRA:GDUB's Shiller PE Ratio is ranked better than
67.67% of 399 companies
in the Steel industry
Industry Median: 16.07 vs FRA:GDUB: 11.27

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.

Gerdau's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.149. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gerdau Shiller PE Ratio Historical Data

The historical data trend for Gerdau'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.

Gerdau Shiller PE Ratio Chart

Gerdau 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 35.83 53.31 22.27 16.06 11.56

Gerdau 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 13.21 12.46 11.75 11.56 10.50

Competitive Comparison of Gerdau's Shiller PE Ratio

For the Steel subindustry, Gerdau'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.


Gerdau's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Gerdau's Shiller PE Ratio distribution charts can be found below:

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



Gerdau 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.

Gerdau's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.58/0.32
=11.19

* 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.

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

For example, Gerdau'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)
=0.149/156.2729*156.2729
=0.149

Current CPI (Mar. 2024) = 156.2729.

Gerdau Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.055 91.838 0.094
201409 0.040 92.602 0.068
201412 0.057 94.194 0.095
201503 0.040 97.799 0.064
201506 0.034 100.006 0.053
201509 -0.208 101.392 -0.321
201512 -0.353 104.247 -0.529
201603 0.002 106.979 0.003
201606 0.008 108.851 0.011
201609 0.012 109.986 0.017
201612 -0.404 110.802 -0.570
201703 0.114 111.869 0.159
201706 0.010 112.115 0.014
201709 0.018 112.777 0.025
201712 -0.165 114.068 -0.226
201803 0.051 114.868 0.069
201806 0.072 117.038 0.096
201809 0.076 117.881 0.101
201812 0.041 118.340 0.054
201903 0.048 120.124 0.062
201906 0.040 120.977 0.052
201909 0.030 121.292 0.039
201912 0.108 123.436 0.137
202003 0.019 124.092 0.024
202006 0.024 123.557 0.030
202009 0.058 125.095 0.072
202012 0.079 129.012 0.096
202103 0.169 131.660 0.201
202106 0.300 133.871 0.350
202109 0.417 137.913 0.473
202112 0.259 141.992 0.285
202203 0.246 146.537 0.262
202206 0.372 149.784 0.388
202209 0.271 147.800 0.287
202212 0.120 150.207 0.125
202303 0.227 153.352 0.231
202306 0.192 154.519 0.194
202309 0.142 155.464 0.143
202312 0.052 156.273 0.052
202403 0.149 156.273 0.149

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.


Gerdau  (FRA:GDUB) 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.


Gerdau Shiller PE Ratio Related Terms

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


Gerdau (FRA:GDUB) Business Description

Address
Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070
Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutor, mechanical construction bars, reinforced steel locks. The company's geographical segment includes Brazil Operations; North America Operations; South America Operations as well as Special Steel Operations. It derives most of the revenue from the Brazil Operations segment.

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