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Turners Automotive Group (NZSE:TRA) Shiller PE Ratio : 11.34 (As of Jun. 06, 2024)


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What is Turners Automotive Group Shiller PE Ratio?

As of today (2024-06-06), Turners Automotive Group's current share price is NZ$3.97. Turners Automotive Group's E10 for the fiscal year that ended in Mar24 was NZ$0.35. Turners Automotive Group's Shiller PE Ratio for today is 11.34.

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

NZSE:TRA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.5   Med: 12.75   Max: 27.69
Current: 11.63

During the past 13 years, Turners Automotive Group's highest Shiller PE Ratio was 27.69. The lowest was 4.50. And the median was 12.75.

NZSE:TRA's Shiller PE Ratio is ranked better than
70.1% of 836 companies
in the Vehicles & Parts industry
Industry Median: 17.355 vs NZSE:TRA: 11.63

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.

Turners Automotive Group's adjusted earnings per share data of for the fiscal year that ended in Mar24 was NZ$0.376. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NZ$0.35 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turners Automotive Group Shiller PE Ratio Historical Data

The historical data trend for Turners Automotive 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.

Turners Automotive Group Shiller PE Ratio Chart

Turners Automotive Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 15.39 14.22 10.18 13.05

Turners Automotive Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 14.22 - 10.18 - 13.05

Competitive Comparison of Turners Automotive Group's Shiller PE Ratio

For the Auto & Truck Dealerships subindustry, Turners Automotive 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.


Turners Automotive Group's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Automotive Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Turners Automotive Group's Shiller PE Ratio falls into.



Turners Automotive 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.

Turners Automotive Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.97/0.35
=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.

Turners Automotive Group's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Turners Automotive Group's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.376/129.5261*129.5261
=0.376

Current CPI (Mar24) = 129.5261.

Turners Automotive Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.301 99.646 0.391
201603 0.241 100.063 0.312
201703 0.250 102.231 0.317
201803 0.289 103.355 0.362
201903 0.262 104.889 0.324
202003 0.244 107.547 0.294
202103 0.314 109.182 0.373
202203 0.364 116.747 0.404
202303 0.377 124.517 0.392
202403 0.376 129.526 0.376

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.


Turners Automotive Group  (NZSE:TRA) 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.


Turners Automotive Group Shiller PE Ratio Related Terms

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Turners Automotive Group (NZSE:TRA) Business Description

Traded in Other Exchanges
Address
Level 5, 70 Shortland Street, PO Box 1232, Auckland, NZL, 1140
Turners Automotive Group Ltd is an integrated financial services group, primarily operating in the automotive sector. Business activity generally functions through Automotive Retail, Finance, Insurance, Credit management, Corporate, and Others. The company derives the majority of its revenue from Automotive retail which is engaged in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale and related asset-based finance to consumers. Geographically the group's business activities are located in New Zealand and Australia.

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