BlackRock New Energy Investment Trust (LSE:BRNS) Shiller PE Ratio : (As of Jun. 22, 2024)

BlackRock New Energy Investment Trust Shiller PE Ratio Chart

BlackRock New Energy Investment Trust Annual Data
	Trend	Oct04	Oct05	Oct06	Oct07	Oct08	Oct09	Oct10	Oct11	Oct12	Oct13
Shiller PE Ratio		Get a 7-Day Free Trial					10.73	10.67	129.33	-	-

BlackRock New Energy Investment Trust Semi-Annual Data
	Apr04	Oct04	Apr05	Oct05	Apr06	Oct06	Apr07	Oct07	Apr08	Oct08	Apr09	Oct09	Apr10	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13
Shiller PE Ratio	Get a 7-Day Free Trial															129.33	-	-	-	-

Competitive Comparison of BlackRock New Energy Investment Trust's Shiller PE Ratio

For the Asset Management subindustry, BlackRock New Energy Investment Trust'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.

BlackRock New Energy Investment Trust's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock New Energy Investment Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where BlackRock New Energy Investment Trust's Shiller PE Ratio falls into.

BlackRock New Energy Investment Trust 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.

BlackRock New Energy Investment Trust's E10 for the fiscal year that ended in Oct13 is calculated as:

For example, BlackRock New Energy Investment Trust's adjusted earnings per share data for the fiscal year that ended in Oct13 was:

Current CPI (Oct13) = 98.5355.

BlackRock New Energy Investment Trust Annual Data

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.

BlackRock New Energy Investment Trust  (LSE:BRNS) 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.

BlackRock New Energy Investment Trust Shiller PE Ratio Related Terms

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BlackRock New Energy Investment Trust (LSE:BRNS) Business Description