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South32 (LSE:S32) Shiller PE Ratio : 49.88 (As of May. 20, 2024)


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What is South32 Shiller PE Ratio?

As of today (2024-05-20), South32's current share price is £1.995. South32's E10 for the fiscal year that ended in Jun23 was £0.04. South32's Shiller PE Ratio for today is 49.88.

The historical rank and industry rank for South32's Shiller PE Ratio or its related term are showing as below:

LSE:S32' s Shiller PE Ratio Range Over the Past 10 Years
Min: 41.14   Med: 90   Max: 119
Current: 53.79

During the past 12 years, South32's highest Shiller PE Ratio was 119.00. The lowest was 41.14. And the median was 90.00.

LSE:S32's Shiller PE Ratio is ranked worse than
78.07% of 374 companies
in the Metals & Mining industry
Industry Median: 23.385 vs LSE:S32: 53.79

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.

South32's adjusted earnings per share data of for the fiscal year that ended in Jun23 was £-0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.04 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


South32 Shiller PE Ratio Historical Data

The historical data trend for South32'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.

South32 Shiller PE Ratio Chart

South32 Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 111.04 53.79

South32 Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 111.04 - 53.79 -

Competitive Comparison of South32's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, South32'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.


South32's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, South32's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where South32's Shiller PE Ratio falls into.



South32 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.

South32's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.995/0.04
=49.88

* 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.

South32's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, South32's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.03/124.1700*124.1700
=-0.030

Current CPI (Jun23) = 124.1700.

South32 Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.008 98.352 0.010
201506 -0.171 99.838 -0.213
201606 -0.213 100.859 -0.262
201706 0.179 102.809 0.216
201806 0.191 104.945 0.226
201906 0.060 106.617 0.070
202006 -0.010 106.246 -0.012
202106 -0.029 110.332 -0.033
202206 0.463 117.112 0.491
202306 -0.030 124.170 -0.030

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.


South32  (LSE:S32) 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.


South32 Shiller PE Ratio Related Terms

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South32 (LSE:S32) Business Description

Address
108 St Georges Terrace, Level 35, Perth, WA, AUS, 6000
South32 was born of the demerger of noncore assets from BHP in 2015. South32's major operations include alumina businesses in Australia and Brazil, aluminium in Brazil, South Africa, and Mozambique, manganese businesses in Australia and South Africa, and New South Wales metallurgical coal. It also owns the Cannington silver/lead/zinc mine in northwest Queensland and the Cerro Matoso nickel mine in Colombia. Cannington silver mine and manganese operations deliver high returns, but have relatively short reserve life. The company acquired Arizona Mining, which brings with it the high-grade and likely low-cost Taylor deposit in the U.S., and also entered the copper business in 2022 via the purchase of a 45% stake in the Sierra Gorda mine in Chile.

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