PhosAgro PJSC (MIC:PHOR) Shiller PE Ratio: 11.34 (As of Sep. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:PHOR PhosAgro PJSC MIC:PHOR
17 GF Score
Price ₽5,304.00
View Full Analysis

What is PhosAgro PJSC Shiller PE Ratio?

PhosAgro PJSC MIC:PHOR -0.28% 17 Shiller PE Ratio is 11.34 as of Sep. 17, 2026. GuruFocus rates MIC:PHOR with a GF Score™ of 17/100.

As of today (2026-09-17), PhosAgro PJSC's current share price is ₽5304.00. PhosAgro PJSC's E10 for the quarter that ended in Sep. 2023 was ₽467.62. PhosAgro PJSC's Shiller PE Ratio for today is 11.34.

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

MIC:PHOR's Shiller PE Ratio is not ranked *
in the Agriculture industry.
Industry Median: 16.885
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

PhosAgro PJSC's adjusted earnings per share data for the three months ended in Sep. 2023 was ₽117.853. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₽467.62 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PhosAgro PJSC  (MIC:PHOR) 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.


PhosAgro PJSC Shiller PE Ratio Related Terms


PhosAgro PJSC Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for PhosAgro PJSC'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.

PhosAgro PJSC Shiller PE Ratio Chart

PhosAgro PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.17 10.70 13.61 18.32 13.65

PhosAgro PJSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23
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 15.38 15.27 17.08 16.25 14.51

MIC:PHOR vs CTVA, CF, MOS: Shiller PE Ratio Comparison

For the Agricultural Inputs subindustry, PhosAgro PJSC'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.


PhosAgro PJSC Shiller PE Ratio vs Agriculture Industry

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

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


MIC:PHOR
17GF Score
PhosAgro PJSC MIC:PHOR
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PhosAgro PJSC 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.

PhosAgro PJSC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5304.00/467.616
=11.34

* 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.

PhosAgro PJSC's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, PhosAgro PJSC's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=117.8533/242.6000*242.6000
=117.853

Current CPI (Sep. 2023) = 242.6000.

PhosAgro PJSC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 31.000 122.800 61.243
201312 -4.000 124.900 -7.769
201403 14.000 127.800 26.576
201406 46.000 130.900 85.253
201409 -14.000 132.700 -25.595
201412 -152.000 139.000 -265.289
201503 109.000 149.400 176.997
201506 104.000 150.900 167.199
201509 30.000 153.500 47.414
201512 38.000 157.000 58.718
201603 175.000 160.200 265.012
201606 104.000 162.200 155.551
201609 96.000 163.300 142.618
201612 88.000 165.400 129.074
201703 95.000 167.000 138.006
201706 11.000 169.200 15.772
201709 56.710 168.200 81.795
201712 32.857 169.600 47.000
201803 53.000 171.000 75.192
201806 23.000 173.100 32.235
201809 59.985 173.900 83.682
201812 34.695 176.800 47.608
201903 163.336 179.900 220.263
201906 90.927 181.200 121.737
201909 75.236 180.800 100.952
201912 51.575 182.200 68.673
202003 -120.363 184.500 -158.266
202006 161.166 187.000 209.085
202009 -10.193 187.400 -13.195
202012 100.139 191.100 127.126
202103 141.722 195.200 176.136
202106 234.085 199.100 285.229
202109 302.626 201.300 364.714
202112 323.089 207.200 378.288
202203 335.645 227.800 357.451
202209 281.475 228.800 298.452
202212 148.008 231.900 154.837
202303 216.641 235.800 222.888
202306 103.776 238.300 105.649
202309 117.853 242.600 117.853

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 11.34 mean?
PhosAgro PJSC (MIC:PHOR) has a Shiller PE Ratio of 11.34 as of Sep. 17, 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 PhosAgro PJSC and its competitors.
Is PhosAgro PJSC's Shiller PE Ratio too high?
PhosAgro PJSC's current Shiller PE Ratio is 11.34. The Agriculture industry median Shiller PE Ratio is 16.89. PhosAgro PJSC's value of 11.34 is 32.8% below this industry median. Overall, PhosAgro PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PhosAgro PJSC's Shiller PE Ratio compare to CTVA and CF?
PhosAgro PJSC's Shiller PE Ratio of 11.34 can be compared against companies in the Agriculture industry. The industry median Shiller PE Ratio is 16.89. PhosAgro PJSC's value of 11.34 is 32.8% below this benchmark. 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 an Agriculture company?
The median Shiller PE Ratio among Agriculture companies is 16.89, based on 160 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. PhosAgro PJSC's current Shiller PE Ratio of 11.34 is 32.8% 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 PhosAgro PJSC and its competitors. For the Agriculture industry, the median Shiller PE Ratio is 16.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PhosAgro PJSC's current Shiller PE Ratio is 11.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhosAgro PJSC stock overvalued right now?
PhosAgro PJSC (MIC:PHOR) has a current Shiller PE Ratio of 11.34. The current Shiller PE Ratio is 11.34 and 32.8% below the Agriculture industry median of 16.89. PhosAgro PJSC's overall GF Score™ is 17/100. 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 PhosAgro PJSC (MIC:PHOR), the current Shiller PE Ratio is 11.34 as of Sep. 17, 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.

PhosAgro PJSC Business Description

Address Leninsky Prospekt, Apartment 55/1, Building 1, Moscow, RUS, 119333
PhosAgro PJSC produces and distributes fertilizer to the agricultural industry. The company has two segments organized by product: phosphate and nitrogen. The phosphate segment mines apatite-nepheline ore and then processes the ore into sulfate of potash fertilizer. The nitrogen segment produces nitrogen and ammonia-based fertilizers. To compete on cost, the firm controls its logistics operations through the ownership of ships, ports, and railroad cars. It generates revenue throughout the world, with Russia and Europe being its biggest markets.
17GF Score

Get the complete analysis for MIC:PHOR

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

₽5,304.00
Price