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Piaggio & C. SpAMIL:PIA -1.14%72 Shiller PE Ratio is 11.97 as of Sep. 13, 2026, which is 59% below its 10-year median of 29.33. GuruFocus rates MIL:PIA with a GF Score™ of 72/100 and a GF Value™ of €1.93 (Fairly Valued). The stock has 8 warning signs investors should review. Among 858 Vehicles & Parts companies, Piaggio & C. SpA ranks better than 67.83% on this metric.
As of today (2026-09-13), Piaggio & C. SpA's current share price is €1.915. Piaggio & C. SpA's E10 for the quarter that ended in Jun. 2026 was €0.16. Piaggio & C. SpA's Shiller PE Ratio for today is 11.97.
The historical rank and industry rank for Piaggio & C. SpA's Shiller PE Ratio or its related term are showing as below:
MIL:PIA'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.79 Med: 29.33 Max: 45.77
Current: 12.16
During the past years, Piaggio & C. SpA's highest Shiller PE Ratio was 45.77. The lowest was 9.79. And the median was 29.33.
MIL:PIA's Shiller PE Ratio is ranked better than 67.83% of 858
companies
in the Vehicles & Parts industry
Industry Median: 19.045
vs MIL:PIA: 12.16
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.
Piaggio & C. SpA's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.071. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.16 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Piaggio & C. SpA (MIL:PIA) 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.
Piaggio & C. SpA Shiller PE Ratio Related Terms
Piaggio & C. SpA Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Piaggio & C. 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.
MIL:PIA vs TSLA, GM, F: Shiller PE Ratio Comparison
For the Auto Manufacturers subindustry, Piaggio & C. 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.
Piaggio & C. SpA Shiller PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Piaggio & C. SpA's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Piaggio & C. 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.
* 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.
Piaggio & C. SpA's E10 for the quarter that ended in Jun. 2026 is calculated as:
For example, Piaggio & C. 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.
Piaggio & C. SpA (MIL:PIA) has a Shiller PE Ratio of 11.97 as of Sep. 13, 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 Piaggio & C. SpA and its competitors. This is 59% below median its historical median of 29.33. Over the past decade, Piaggio & C. SpA's Shiller PE Ratio has ranged from 9.79 to 45.77. According to the industry distribution chart, Piaggio & C. SpA ranks #276 out of 858 companies in the Vehicles & Parts industry, placing it in the top 32.2%.
Is Piaggio & C. SpA's Shiller PE Ratio too high?
Piaggio & C. SpA's current Shiller PE Ratio of 11.97 is 59% below median its 10-year median of 29.33. Over the past 10 years, this metric has ranged from a low of 9.79 to a high of 45.77. The Vehicles & Parts industry median Shiller PE Ratio is 19.05. Piaggio & C. SpA's value of 11.97 is 37.1% below this industry median. Based on the distribution chart, Piaggio & C. SpA ranks #276 out of 858 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Piaggio & C. SpA has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Piaggio & C. SpA's Shiller PE Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Piaggio & C. SpA ranks #276 out of 858 companies for Shiller PE Ratio. This puts Piaggio & C. SpA in the upper half of its industry. The industry median Shiller PE Ratio is 19.05. Piaggio & C. SpA's value of 11.97 is 37.1% below this benchmark. Historically, Piaggio & C. SpA's own Shiller PE Ratio has ranged from 9.79 to 45.77 over the past decade. While the company's 10-year median is 29.33 vs. the industry median of 19.05, Piaggio & C. SpA 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 Vehicles & Parts company?
The median Shiller PE Ratio among Vehicles & Parts companies is 19.05, based on 858 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. Piaggio & C. SpA's current Shiller PE Ratio of 11.97 is 37.1% 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 Piaggio & C. SpA and its competitors. For the Vehicles & Parts industry, the median Shiller PE Ratio is 19.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piaggio & C. SpA's current Shiller PE Ratio is 11.97, which is 59% below median its own 10-year median of 29.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piaggio & C. SpA stock overvalued right now?
Based on GuruFocus' analysis, Piaggio & C. SpA (MIL:PIA) is currently considered Fairly Valued. The stock's GF Value™ is €1.93, compared to a current price of €1.92 — trading 0.8% below its estimated fair value. The current Shiller PE Ratio is 11.97, which is 59% below median its 10-year median of 29.33 and 37.1% below the Vehicles & Parts industry median of 19.05. Piaggio & C. SpA's overall GF Score™ is 72/100 with 8 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 Piaggio & C. SpA (MIL:PIA), the current Shiller PE Ratio is 11.97 as of Sep. 13, 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 Piaggio & C. SpA (MIL:PIA) Overvalued in 2026?
Based on GuruFocus' analysis, Piaggio & C. SpA stock appears to be undervalued.
The current stock price of €1.92 is trading 0.8% below its estimated GF Value™ of €1.93.
GuruFocus considers Piaggio & C. SpA to be Fairly Valued.
Key valuation signals for MIL:PIA:
Shiller PE Ratio: 11.97 (59% below median its 10-year median of 29.33)
GF Value™: €1.93 vs. price of €1.92 (0.8% below fair value)
Industry Position: 37.1% below the Vehicles & Parts median (#276 of 858)
No single metric tells the full story. See the MIL:PIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piaggio & C. SpA is an Italian manufacturer of motor vehicles and also offers spare parts and related accessories. The group's product portfolio consists of scooters, mopeds, and motorcycles marketed under the Aprilia, Piaggio, Vespa, Moto Guzzi, Gilera, Derbi, and other brands, as well as three- and four-wheeler light vehicles, marketed under the Piaggio, Ape, and Porter brands. Maximum revenue is generated from the sale of its two-wheeler vehicles. Its geographical segments are EMEA and Americas, India, and Asia Pacific, with each segment having its production sites and a sales network dedicated to customers in that geographic segment. The group's key revenue is derived from the EMEA and Americas segment, which deals with the distribution and sale of two-wheeler and commercial vehicles.
72GF Score
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