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Fiera CapitalFRA:ZFS +0.81%55 Shiller PE Ratio is 19.23 as of Sep. 12, 2026, which is 35% below its 10-year median of 29.64. GuruFocus rates FRA:ZFS with a GF Score™ of 55/100 and a GF Value™ of €3.86 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 787 Asset Management companies, Fiera Capital ranks worse than 75.1% on this metric.
As of today (2026-09-12), Fiera Capital's current share price is €2.50. Fiera Capital's E10 for the quarter that ended in Jun. 2026 was €0.13. Fiera Capital's Shiller PE Ratio for today is 19.23.
The historical rank and industry rank for Fiera Capital's Shiller PE Ratio or its related term are showing as below:
FRA:ZFS'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.5 Med: 29.64 Max: 67
Current: 19.8
During the past years, Fiera Capital's highest Shiller PE Ratio was 67.00. The lowest was 17.50. And the median was 29.64.
FRA:ZFS's Shiller PE Ratio is ranked worse than 75.1% of 787
companies
in the Asset Management industry
Industry Median: 12.84
vs FRA:ZFS: 19.80
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.
Fiera Capital's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.019. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.13 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Fiera Capital (FRA:ZFS) 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.
Fiera Capital Shiller PE Ratio Related Terms
Fiera Capital Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Fiera Capital'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.
FRA:ZFS vs BLK, BX, KKR: Shiller PE Ratio Comparison
For the Asset Management subindustry, Fiera Capital'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.
Fiera Capital Shiller PE Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fiera Capital's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Fiera Capital's Shiller PE Ratio falls into.
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.
Fiera Capital's Shiller PE Ratio for today is calculated as
* 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.
Fiera Capital's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Fiera Capital's adjusted earnings per share data for the three months ended in Jun. 2026 was:
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.
Fiera Capital (FRA:ZFS) has a Shiller PE Ratio of 19.23 as of Sep. 12, 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 Fiera Capital and its competitors. This is 35% below median its historical median of 29.64. Over the past decade, Fiera Capital's Shiller PE Ratio has ranged from 17.50 to 67.00. According to the industry distribution chart, Fiera Capital ranks #591 out of 787 companies in the Asset Management industry, placing it in the top 75.1%.
Is Fiera Capital's Shiller PE Ratio too high?
Fiera Capital's current Shiller PE Ratio of 19.23 is 35% below median its 10-year median of 29.64. Over the past 10 years, this metric has ranged from a low of 17.50 to a high of 67.00. The Asset Management industry median Shiller PE Ratio is 12.84. Fiera Capital's value of 19.23 is 49.8% above this industry median. Based on the distribution chart, Fiera Capital ranks #591 out of 787 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Fiera Capital has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fiera Capital's Shiller PE Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiera Capital ranks #591 out of 787 companies for Shiller PE Ratio. This places Fiera Capital in the lower half of its industry. The industry median Shiller PE Ratio is 12.84. Fiera Capital's value of 19.23 is 49.8% above this benchmark. Historically, Fiera Capital's own Shiller PE Ratio has ranged from 17.50 to 67.00 over the past decade. While the company's 10-year median is 29.64 vs. the industry median of 12.84, Fiera Capital 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 an Asset Management company?
The median Shiller PE Ratio among Asset Management companies is 12.84, based on 787 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. Fiera Capital's current Shiller PE Ratio of 19.23 is 49.8% 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 Fiera Capital and its competitors. For the Asset Management industry, the median Shiller PE Ratio is 12.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Capital's current Shiller PE Ratio is 19.23, which is 35% below median its own 10-year median of 29.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Capital stock overvalued right now?
Based on GuruFocus' analysis, Fiera Capital (FRA:ZFS) is currently considered Possible Value Trap. The stock's GF Value™ is €3.86, compared to a current price of €2.50 — trading 35.2% below its estimated fair value. The current Shiller PE Ratio is 19.23, which is 35% below median its 10-year median of 29.64 and 49.8% above the Asset Management industry median of 12.84. Fiera Capital's overall GF Score™ is 55/100 with 5 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 Fiera Capital (FRA:ZFS), the current Shiller PE Ratio is 19.23 as of Sep. 12, 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 Fiera Capital (FRA:ZFS) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Capital stock appears to be undervalued.
The current stock price of €2.50 is trading 35.2% below its estimated GF Value™ of €3.86.
GuruFocus considers Fiera Capital to be Possible Value Trap.
Key valuation signals for FRA:ZFS:
Shiller PE Ratio: 19.23 (35% below median its 10-year median of 29.64)
GF Value™: €3.86 vs. price of €2.50 (35.2% below fair value)
Industry Position: 49.8% above the Asset Management median (#591 of 787)
No single metric tells the full story. See the FRA:ZFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Capital Corp is an asset management firm that delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary, and private wealth clients. The company's operating segment is asset management services. Its geographical segments are Canada, the United States of America, Europe, Middle East, & Africa, and Asia. The company derives the majority of its revenue from Canada.
55GF Score
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