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ENAV SpAMIL:ENAV +0.44%83 Shiller PE Ratio is 22.63 as of Sep. 07, 2026, which is 7% above its 10-year median of 21.09. GuruFocus rates MIL:ENAV with a GF Score™ of 83/100 and a GF Value™ of €4.19 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 595 Transportation companies, ENAV SpA ranks worse than 63.7% on this metric.
As of today (2026-09-07), ENAV SpA's current share price is €4.978. ENAV SpA's E10 for the quarter that ended in Jun. 2026 was €0.22. ENAV SpA's Shiller PE Ratio for today is 22.63.
The historical rank and industry rank for ENAV SpA's Shiller PE Ratio or its related term are showing as below:
MIL:ENAV'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.83 Med: 21.09 Max: 26.38
Current: 22.91
During the past years, ENAV SpA's highest Shiller PE Ratio was 26.38. The lowest was 16.83. And the median was 21.09.
MIL:ENAV's Shiller PE Ratio is ranked worse than 63.7% of 595
companies
in the Transportation industry
Industry Median: 18.37
vs MIL:ENAV: 22.91
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.
ENAV SpA's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.22 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
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.
ENAV SpA Shiller PE Ratio Related Terms
ENAV SpA Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for ENAV SpA'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.
For the Airports & Air Services subindustry, ENAV SpA'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.
ENAV SpA Shiller PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, ENAV SpA's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where ENAV SpA's Shiller PE Ratio falls into.
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.
ENAV SpA's Shiller PE Ratio for today is calculated as
* 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.
ENAV SpA's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, ENAV SpA's adjusted earnings per share data for the three months ended in Jun. 2026 was:
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.
ENAV SpA (MIL:ENAV) has a Shiller PE Ratio of 22.63 as of Sep. 07, 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 ENAV SpA and its competitors. This is near median its historical median of 21.09. Over the past decade, ENAV SpA's Shiller PE Ratio has ranged from 16.83 to 26.38. According to the industry distribution chart, ENAV SpA ranks #379 out of 595 companies in the Transportation industry, placing it in the top 63.7%.
Is ENAV SpA's Shiller PE Ratio too high?
ENAV SpA's current Shiller PE Ratio of 22.63 is near median its 10-year median of 21.09. Over the past 10 years, this metric has ranged from a low of 16.83 to a high of 26.38. The Transportation industry median Shiller PE Ratio is 18.37. ENAV SpA's value of 22.63 is 23.2% above this industry median. Based on the distribution chart, ENAV SpA ranks #379 out of 595 companies in the Transportation industry, which is below the industry midpoint. Overall, ENAV SpA has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENAV SpA's Shiller PE Ratio compare to JOBY?
According to the Transportation industry distribution chart, ENAV SpA ranks #379 out of 595 companies for Shiller PE Ratio. This places ENAV SpA in the lower half of its industry. The industry median Shiller PE Ratio is 18.37. ENAV SpA's value of 22.63 is 23.2% above this benchmark. Historically, ENAV SpA's own Shiller PE Ratio has ranged from 16.83 to 26.38 over the past decade. While the company's 10-year median is 21.09 vs. the industry median of 18.37, ENAV SpA has consistently been above 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 Transportation company?
The median Shiller PE Ratio among Transportation companies is 18.37, based on 595 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. ENAV SpA's current Shiller PE Ratio of 22.63 is 23.2% above 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 ENAV SpA and its competitors. For the Transportation industry, the median Shiller PE Ratio is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENAV SpA's current Shiller PE Ratio is 22.63, which is near median its own 10-year median of 21.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENAV SpA stock overvalued right now?
Based on GuruFocus' analysis, ENAV SpA (MIL:ENAV) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.19, compared to a current price of €4.98 — trading 18.8% above its estimated fair value. The current Shiller PE Ratio is 22.63, which is near median its 10-year median of 21.09 and 23.2% above the Transportation industry median of 18.37. ENAV SpA's overall GF Score™ is 83/100 with 2 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 ENAV SpA (MIL:ENAV), the current Shiller PE Ratio is 22.63 as of Sep. 07, 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 ENAV SpA (MIL:ENAV) Overvalued in 2026?
Based on GuruFocus' analysis, ENAV SpA stock appears to be overvalued.
The current stock price of €4.98 is trading 18.8% above its estimated GF Value™ of €4.19.
GuruFocus considers ENAV SpA to be Modestly Overvalued.
Key valuation signals for MIL:ENAV:
Shiller PE Ratio: 22.63 (near median its 10-year median of 21.09)
GF Value™: €4.19 vs. price of €4.98 (18.8% above fair value)
Industry Position: 23.2% above the Transportation median (#379 of 595)
No single metric tells the full story. See the MIL:ENAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENAV SpA is an Italy-based company engaged in providing air navigation and air traffic management services. The Group operates through three segments: Air Navigation Services, Maintenance Services, and AIM Software Solutions Services. The Air Navigation segment provides air traffic control and related services across Italian airspace and airports. The Maintenance segment focuses on the management and maintenance of air traffic control systems and infrastructure. The AIM Software Solutions segment develops software solutions for aeronautical information and air traffic management, along with related commercial and support services. It generates the majority of its revenue from the Flight assistance services segment.
83GF Score
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