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Vale (MEX:VALE) Shiller PE Ratio : 7.19 (As of Dec. 15, 2024)


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What is Vale Shiller PE Ratio?

As of today (2024-12-15), Vale's current share price is MXN200.17. Vale's E10 for the quarter that ended in Sep. 2024 was MXN27.85. Vale's Shiller PE Ratio for today is 7.19.

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

MEX:VALE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.11   Med: 13.15   Max: 50.75
Current: 7.34

During the past years, Vale's highest Shiller PE Ratio was 50.75. The lowest was 2.11. And the median was 13.15.

MEX:VALE's Shiller PE Ratio is ranked better than
81.59% of 364 companies
in the Metals & Mining industry
Industry Median: 22.63 vs MEX:VALE: 7.34

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.

Vale's adjusted earnings per share data for the three months ended in Sep. 2024 was MXN11.027. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN27.85 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vale Shiller PE Ratio Historical Data

The historical data trend for Vale'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.

Vale Shiller PE Ratio Chart

Vale Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.50 43.40 22.24 16.10 11.50

Vale Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 11.59 11.50 8.94 8.74 8.34

Competitive Comparison of Vale's Shiller PE Ratio

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


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

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

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



Vale 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.

Vale's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=200.17/27.85
=7.19

* 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.

Vale's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Vale's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=11.027/162.3424*162.3424
=11.027

Current CPI (Sep. 2024) = 162.3424.

Vale Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -5.310 94.194 -9.152
201503 -9.299 97.799 -15.436
201506 5.178 100.006 8.406
201509 -6.928 101.392 -11.093
201512 -28.200 104.247 -43.915
201603 5.853 106.979 8.882
201606 3.884 108.851 5.793
201609 2.127 109.986 3.140
201612 2.062 110.802 3.021
201703 9.038 111.869 13.116
201706 0.000 112.115 0.000
201709 7.804 112.777 11.234
201712 2.946 114.068 4.193
201803 5.450 114.868 7.702
201806 0.196 117.038 0.272
201809 5.050 117.881 6.955
201812 14.334 118.340 19.664
201903 -6.207 120.124 -8.389
201906 -0.576 120.977 -0.773
201909 6.317 121.292 8.455
201912 -5.658 123.436 -7.441
202003 1.172 124.092 1.533
202006 4.386 123.557 5.763
202009 12.592 125.095 16.341
202012 2.785 129.012 3.504
202103 22.076 131.660 27.221
202106 29.660 133.871 35.968
202109 15.627 137.913 18.395
202112 22.771 141.992 26.034
202203 18.517 146.537 20.514
202206 26.556 149.784 28.783
202209 19.713 147.800 21.653
202212 16.182 150.207 17.489
202303 7.458 153.352 7.895
202306 3.429 154.519 3.603
202309 11.496 155.464 12.005
202312 9.506 157.148 9.820
202403 6.510 159.372 6.631
202406 11.908 161.052 12.003
202409 11.027 162.342 11.027

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.


Vale  (MEX:VALE) 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.


Vale Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Vale's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Vale Business Description

Address
Praia de Botafogo, 186, offices 1101, 1701 and 1801, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. In 2024, Vale sold a minority 10% stake in energy transition metals, its base metals business, likely the first step in separating base metals and iron ore.

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