Aperam (MEX:APAMN) Shiller PE Ratio: 9.04 (As of Aug. 27, 2026) — 66% Above Median

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MEX:APAMN Aperam SA MEX:APAMN
73 GF Score
Price MXN511.96
GF Value MXN304.31
! 7 Warning Signs
View Full Analysis

What is Aperam Shiller PE Ratio?

Aperam MEX:APAMN 73 Shiller PE Ratio is 9.04 as of Aug. 27, 2026, which is 66% above its 10-year median of 5.45. GuruFocus rates MEX:APAMN with a GF Score™ of 73/100 and a GF Value™ of MXN304.31. The stock has 7 warning signs investors should review. Among 414 Steel companies, Aperam ranks better than 67.87% on this metric.

As of today (2026-08-27), Aperam's current share price is MXN511.96. Aperam's E10 for the quarter that ended in Jun. 2026 was MXN56.66. Aperam's Shiller PE Ratio for today is 9.04.

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

MEX:APAMN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.22   Med: 5.45   Max: 11.2
Current: 9.56

During the past years, Aperam's highest Shiller PE Ratio was 11.20. The lowest was 4.22. And the median was 5.45.

MEX:APAMN's Shiller PE Ratio is ranked better than
67.87% of 414 companies
in the Steel industry
Industry Median: 14.02 vs MEX:APAMN: 9.56

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.

Aperam's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN31.963. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN56.66 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aperam  (MEX:APAMN) 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.


Aperam Shiller PE Ratio Related Terms


Aperam Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Aperam'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.

Aperam Shiller PE Ratio Chart

Aperam Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 5.30 6.16 4.93 7.50

Aperam Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.54 5.75 7.50 7.36 9.04

MEX:APAMN vs NUE, STLD, RS: Shiller PE Ratio Comparison

For the Steel subindustry, Aperam'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.


Aperam Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Aperam's Shiller PE Ratio distribution charts can be found below:

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


MEX:APAMN
73GF Score
Aperam SA MEX:APAMN
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aperam 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.

Aperam's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=511.96/56.66
=9.04

* 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.

Aperam's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Aperam's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=31.963/128.6000*128.6000
=31.963

Current CPI (Jun. 2026) = 128.6000.

Aperam Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.000 100.660 0.000
201612 0.000 101.040 0.000
201703 20.742 101.780 26.208
201706 17.060 102.170 21.473
201709 13.844 102.520 17.366
201712 28.355 102.410 35.606
201803 18.593 102.900 23.237
201806 16.987 103.650 21.076
201809 18.989 104.580 23.350
201812 12.733 104.320 15.697
201903 6.576 105.140 8.043
201906 14.976 105.550 18.246
201909 10.219 105.900 12.409
201912 7.544 106.080 9.146
202003 9.327 106.040 11.311
202006 7.018 106.340 8.487
202009 7.806 106.620 9.415
202012 30.491 106.670 36.760
202103 35.285 108.140 41.961
202106 63.555 108.680 75.204
202109 61.202 109.470 71.897
202112 128.184 111.090 148.388
202203 52.628 114.780 58.965
202206 88.255 116.750 97.213
202209 32.662 117.000 35.900
202212 2.065 117.060 2.269
202303 35.317 118.910 38.195
202306 10.773 120.460 11.501
202309 -10.968 121.740 -11.586
202312 17.770 121.170 18.860
202403 -4.690 122.590 -4.920
202406 16.171 123.120 16.891
202409 53.323 123.300 55.615
202412 3.713 122.430 3.900
202503 -5.308 124.210 -5.496
202506 5.429 125.820 5.549
202509 -6.029 126.570 -6.126
202512 8.434 126.180 8.596
202603 0.834 127.160 0.843
202606 31.963 128.600 31.963

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 9.04 mean?
Aperam (MEX:APAMN) has a Shiller PE Ratio of 9.04 as of Aug. 27, 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 Aperam and its competitors. This is 66% above median its historical median of 5.45. Over the past decade, Aperam's Shiller PE Ratio has ranged from 4.22 to 11.20. According to the industry distribution chart, Aperam ranks #133 out of 414 companies in the Steel industry, placing it in the top 32.1%.
Is Aperam's Shiller PE Ratio too high?
Aperam's current Shiller PE Ratio of 9.04 is 66% above median its 10-year median of 5.45. Over the past 10 years, this metric has ranged from a low of 4.22 to a high of 11.20. The Steel industry median Shiller PE Ratio is 14.02. Aperam's value of 9.04 is 35.5% below this industry median. Based on the distribution chart, Aperam ranks #133 out of 414 companies in the Steel industry, which is above the industry midpoint. Overall, Aperam has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Aperam's Shiller PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Aperam ranks #133 out of 414 companies for Shiller PE Ratio. This puts Aperam in the upper half of its industry. The industry median Shiller PE Ratio is 14.02. Aperam's value of 9.04 is 35.5% below this benchmark. Historically, Aperam's own Shiller PE Ratio has ranged from 4.22 to 11.20 over the past decade. While the company's 10-year median is 5.45 vs. the industry median of 14.02, Aperam has consistently been below 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 a Steel company?
The median Shiller PE Ratio among Steel companies is 14.02, based on 414 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. Aperam's current Shiller PE Ratio of 9.04 is 35.5% below 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 Aperam and its competitors. For the Steel industry, the median Shiller PE Ratio is 14.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aperam's current Shiller PE Ratio is 9.04, which is 66% above median its own 10-year median of 5.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aperam stock overvalued right now?
Aperam (MEX:APAMN) has a current Shiller PE Ratio of 9.04. The stock's GF Value™ is MXN304.31, compared to a current price of MXN511.96 — trading 68.2% above its estimated fair value. The current Shiller PE Ratio is 9.04, which is 66% above median its 10-year median of 5.45 and 35.5% below the Steel industry median of 14.02. Aperam's overall GF Score™ is 73/100 with 7 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 Aperam (MEX:APAMN), the current Shiller PE Ratio is 9.04 as of Aug. 27, 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 Aperam (MEX:APAMN) Overvalued in 2026?

Based on GuruFocus' analysis, Aperam stock appears to be overvalued. The current stock price of MXN511.96 is trading 68.2% above its estimated GF Value™ of MXN304.31.

Key valuation signals for MEX:APAMN:

  • Shiller PE Ratio: 9.04 (66% above median its 10-year median of 5.45)
  • GF Value™: MXN304.31 vs. price of MXN511.96 (68.2% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 35.5% below the Steel median (#133 of 414)

No single metric tells the full story. See the MEX:APAMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aperam Business Description

Address 24-26 Boulevard d’Avranches, Luxembourg, LUX, 1160
Aperam SA is a Luxembourg-based stainless and specialty steel producer. The company operates through four segments. Its Stainless and Electrical Steel segment, which generates the majority of revenue, produces a wide range of stainless and electrical steel products for diverse industries. The Services and Solutions segment markets the company's products and provides customized steel transformation services; the Alloys and Specialties segment produces nickel alloys and certain specific stainless steels; and the Recycling & Renewables segment collects, trades, processes, and recycles stainless steel scrap and high-performance alloys. Geographically, the company generates maximum revenue from Europe, and the rest from the Americas, Asia, and Africa.
73GF Score

Get the complete analysis for MEX:APAMN

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN511.96
Price
MXN304.31
GF Value