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Henderson European Trust (LSE:HET) Shiller PE Ratio : 11.00 (As of Dec. 15, 2024)


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What is Henderson European Trust Shiller PE Ratio?

As of today (2024-12-15), Henderson European Trust's current share price is £1.76. Henderson European Trust's E10 for the fiscal year that ended in Sep24 was £0.16. Henderson European Trust's Shiller PE Ratio for today is 11.00.

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

LSE:HET' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.6   Med: 12.59   Max: 17.6
Current: 11.3

During the past 13 years, Henderson European Trust's highest Shiller PE Ratio was 17.60. The lowest was 8.60. And the median was 12.59.

LSE:HET's Shiller PE Ratio is ranked better than
61.83% of 731 companies
in the Asset Management industry
Industry Median: 13.14 vs LSE:HET: 11.30

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.

Henderson European Trust's adjusted earnings per share data of for the fiscal year that ended in Sep24 was £0.229. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.16 for the trailing ten years ended in Sep24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Henderson European Trust Shiller PE Ratio Historical Data

The historical data trend for Henderson European Trust'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.

Henderson European Trust Shiller PE Ratio Chart

Henderson European Trust Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.49 10.51 9.94 10.81 11.75

Henderson European Trust Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 9.94 - 10.81 - 11.75

Competitive Comparison of Henderson European Trust's Shiller PE Ratio

For the Asset Management subindustry, Henderson European 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.


Henderson European Trust's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Henderson European Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Henderson European Trust's Shiller PE Ratio falls into.



Henderson European 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.

Henderson European Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.76/0.16
=11.00

* 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.

Henderson European Trust's E10 for the fiscal year that ended in Sep24 is calculated as:

For example, Henderson European Trust's adjusted earnings per share data for the fiscal year that ended in Sep24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep24 (Change)*Current CPI (Sep24)
=0.229/133.5000*133.5000
=0.229

Current CPI (Sep24) = 133.5000.

Henderson European Trust Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201509 0.040 100.200 0.053
201609 0.196 101.500 0.258
201709 0.243 104.300 0.311
201809 0.027 106.600 0.034
201909 0.055 108.400 0.068
202009 0.081 109.200 0.099
202109 0.324 112.400 0.385
202209 -0.222 122.300 -0.242
202309 0.354 130.100 0.363
202409 0.229 133.500 0.229

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.


Henderson European Trust  (LSE:HET) 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.


Henderson European Trust Shiller PE Ratio Related Terms

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Henderson European Trust Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, Henderson Global Investors, London, GBR, EC2M EAE
Henderson European Trust PLC aims to build a portfolio of global champions listed in Europe. The fund managers seek out pioneering companies that are leaders in their field. Its investment objective is to maximise total return from a portfolio of stocks predominantly listed in Europe (excluding the UK).

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