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Fonterra Co-operative Group (NZSE:FCG) Shiller PE Ratio : 10.43 (As of Jun. 24, 2024)


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What is Fonterra Co-operative Group Shiller PE Ratio?

As of today (2024-06-24), Fonterra Co-operative Group's current share price is NZ$2.92. Fonterra Co-operative Group's E10 for the fiscal year that ended in Jul23 was NZ$0.28. Fonterra Co-operative Group's Shiller PE Ratio for today is 10.43.

The historical rank and industry rank for Fonterra Co-operative Group's Shiller PE Ratio or its related term are showing as below:

NZSE:FCG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.25   Med: 10.89   Max: 17.88
Current: 10.38

During the past 13 years, Fonterra Co-operative Group's highest Shiller PE Ratio was 17.88. The lowest was 7.25. And the median was 10.89.

NZSE:FCG's Shiller PE Ratio is ranked better than
80.35% of 1089 companies
in the Consumer Packaged Goods industry
Industry Median: 18.36 vs NZSE:FCG: 10.38

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.

Fonterra Co-operative Group's adjusted earnings per share data of for the fiscal year that ended in Jul23 was NZ$0.792. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NZ$0.28 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fonterra Co-operative Group Shiller PE Ratio Historical Data

The historical data trend for Fonterra Co-operative Group'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.

Fonterra Co-operative Group Shiller PE Ratio Chart

Fonterra Co-operative Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.49 13.15 10.24 9.63 9.48

Fonterra Co-operative Group Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 10.24 - 9.63 - 9.48

Competitive Comparison of Fonterra Co-operative Group's Shiller PE Ratio

For the Packaged Foods subindustry, Fonterra Co-operative Group'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.


Fonterra Co-operative Group's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fonterra Co-operative Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fonterra Co-operative Group's Shiller PE Ratio falls into.



Fonterra Co-operative Group 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.

Fonterra Co-operative Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.92/0.28
=10.43

* 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.

Fonterra Co-operative Group's E10 for the fiscal year that ended in Jul23 is calculated as:

For example, Fonterra Co-operative Group's adjusted earnings per share data for the fiscal year that ended in Jul23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jul23 (Change)*Current CPI (Jul23)
=0.792/128.0949*128.0949
=0.792

Current CPI (Jul23) = 128.0949.

Fonterra Co-operative Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 0.083 99.979 0.106
201507 0.242 100.396 0.309
201607 0.425 100.813 0.540
201707 0.383 102.731 0.478
201807 -0.117 104.684 -0.143
201907 -0.292 106.218 -0.352
202007 0.358 107.751 0.426
202107 0.300 113.067 0.340
202207 0.300 121.245 0.317
202307 0.792 128.095 0.792

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.


Fonterra Co-operative Group  (NZSE:FCG) 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.


Fonterra Co-operative Group Shiller PE Ratio Related Terms

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Fonterra Co-operative Group (NZSE:FCG) Business Description

Traded in Other Exchanges
N/A
Address
109 Fanshawe Street, Auckland Central, Auckland, NZL, 1010
Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets are China, the Rest of Asia, Australia, New Zealand, the United States, Latin America, and the Rest of the world.

Fonterra Co-operative Group (NZSE:FCG) Headlines