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Norske Skog ASA (OSL:NSKOG) Shiller PE Ratio : 26.62 (As of May. 27, 2024)


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What is Norske Skog ASA Shiller PE Ratio?

As of today (2024-05-27), Norske Skog ASA's current share price is kr41.00. Norske Skog ASA's E10 for the quarter that ended in Dec. 2023 was kr1.54. Norske Skog ASA's Shiller PE Ratio for today is 26.62.

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

OSL:NSKOG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.66   Med: 25.61   Max: 115.9
Current: 26.54

During the past years, Norske Skog ASA's highest Shiller PE Ratio was 115.90. The lowest was 21.66. And the median was 25.61.

OSL:NSKOG's Shiller PE Ratio is ranked worse than
76.32% of 190 companies
in the Forest Products industry
Industry Median: 12.525 vs OSL:NSKOG: 26.54

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.

Norske Skog ASA's adjusted earnings per share data for the three months ended in Dec. 2023 was kr5.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr1.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Norske Skog ASA Shiller PE Ratio Historical Data

The historical data trend for Norske Skog ASA'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.

Norske Skog ASA Shiller PE Ratio Chart

Norske Skog ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 26.80

Norske Skog ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 120.25 26.80

Competitive Comparison of Norske Skog ASA's Shiller PE Ratio

For the Paper & Paper Products subindustry, Norske Skog ASA'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.


Norske Skog ASA's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Norske Skog ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Norske Skog ASA's Shiller PE Ratio falls into.



Norske Skog ASA 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.

Norske Skog ASA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=41.00/1.54
=26.62

* 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.

Norske Skog ASA's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Norske Skog ASA's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.28/131.9000*131.9000
=5.280

Current CPI (Dec. 2023) = 131.9000.

Norske Skog ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 -0.770 96.400 -1.054
201312 -2.400 96.600 -3.277
201403 -0.240 97.300 -0.325
201406 -0.780 97.500 -1.055
201409 -1.410 98.500 -1.888
201412 -5.500 98.600 -7.358
201503 3.970 99.200 5.279
201506 -3.040 100.100 -4.006
201509 -4.600 100.600 -6.031
201512 -4.360 100.900 -5.700
201603 0.060 102.500 0.077
201606 1.000 103.800 1.271
201609 0.690 104.200 0.873
201612 -0.580 104.400 -0.733
201703 -0.990 105.000 -1.244
201706 -1.970 105.800 -2.456
201709 -0.050 105.900 -0.062
201712 -9.753 106.100 -12.125
201809 12.200 109.500 14.696
201812 3.740 109.800 4.493
201903 1.850 110.400 2.210
201906 12.510 110.600 14.919
201909 12.330 111.100 14.638
201912 -1.920 111.300 -2.275
202003 -3.960 111.200 -4.697
202006 -0.620 112.100 -0.730
202009 -0.940 112.900 -1.098
202012 -14.460 112.900 -16.893
202103 2.050 114.600 2.359
202106 -3.770 115.300 -4.313
202109 -6.380 117.500 -7.162
202112 4.200 118.900 4.659
202203 6.180 119.800 6.804
202206 9.920 122.600 10.672
202209 -0.120 125.600 -0.126
202212 11.300 125.900 11.839
202303 -1.910 127.600 -1.974
202306 0.480 130.400 0.486
202309 1.450 129.800 1.473
202312 5.280 131.900 5.280

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.


Norske Skog ASA  (OSL:NSKOG) 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.


Norske Skog ASA Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Norske Skog ASA's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Norske Skog ASA (OSL:NSKOG) Business Description

Traded in Other Exchanges
Address
Sjolyst plass 2, Oslo, NOR, 0278
Norske Skog ASA is an industrial company in publication paper, packaging paper, energy production, and bioproducts. Publication paper products comprise both newsprint and magazine paper, both of which are marketed under the NOR brand. Packaging paper includes the recycled containerboard grades test liner and fluting, which are marketed under the STRATO brand. The company's core bioproducts are the nano cellulose product CEBINA and the bio-composite product CEBICO. Norske Skog owns and operates four industrial sites in Europe, and one industrial site in Australasia.

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