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CEPS (LSE:CEPS) Shiller PE Ratio : (As of May. 24, 2024)


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What is CEPS Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CEPS Shiller PE Ratio Historical Data

The historical data trend for CEPS'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.

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CEPS Shiller PE Ratio Chart

CEPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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CEPS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of CEPS's Shiller PE Ratio

For the Engineering & Construction subindustry, CEPS'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.


CEPS's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, CEPS's Shiller PE Ratio distribution charts can be found below:

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



CEPS 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.

CEPS's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, CEPS's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.027/130.5000*130.5000
=0.027

Current CPI (Dec23) = 130.5000.

CEPS Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -0.031 99.900 -0.040
201512 -0.037 100.400 -0.048
201612 -0.118 102.200 -0.151
201712 -0.041 105.000 -0.051
201812 -0.091 107.100 -0.111
201912 -0.159 108.500 -0.191
202012 -0.037 109.400 -0.044
202112 0.016 114.700 0.018
202212 0.022 125.300 0.023
202312 0.027 130.500 0.027

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.


CEPS  (LSE:CEPS) 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.


CEPS Shiller PE Ratio Related Terms

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CEPS (LSE:CEPS) Business Description

Traded in Other Exchanges
N/A
Address
11 Laura Place, Bath, GBR, BA2 4BL
CEPS PLC is a UK-based industrial holding company. It is engaged in acquiring majority stakes in stable, profitable, and steadily growing entrepreneurial companies. The business activity of the group is operated through Aford Awards, Friedman's, and Hickton Group segments. The Aford Awards segment operates as a sports trophy and engraving company. Friedman's segment converts and distributes specialist Lycra. Its Hickton Group segment is a provider of services to the construction industry. The company generates maximum revenue from the Hickton Group segment.

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