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IAR Systems Group AB (OSTO:IAR B) Shiller PE Ratio : 46.65 (As of Jun. 24, 2024)


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What is IAR Systems Group AB Shiller PE Ratio?

As of today (2024-06-24), IAR Systems Group AB's current share price is kr160.00. IAR Systems Group AB's E10 for the quarter that ended in Mar. 2024 was kr3.43. IAR Systems Group AB's Shiller PE Ratio for today is 46.65.

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

OSTO:IAR B' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.03   Med: 34.46   Max: 90.03
Current: 46.7

During the past years, IAR Systems Group AB's highest Shiller PE Ratio was 90.03. The lowest was 15.03. And the median was 34.46.

OSTO:IAR B's Shiller PE Ratio is ranked worse than
70.23% of 927 companies
in the Software industry
Industry Median: 30.18 vs OSTO:IAR B: 46.70

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.

IAR Systems Group AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr5.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr3.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IAR Systems Group AB Shiller PE Ratio Historical Data

The historical data trend for IAR Systems Group AB'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.

IAR Systems Group AB Shiller PE Ratio Chart

IAR Systems Group AB 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 48.06 33.97 29.57 31.30 41.17

IAR Systems Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 26.33 17.37 16.81 41.17 40.51

Competitive Comparison of IAR Systems Group AB's Shiller PE Ratio

For the Software - Application subindustry, IAR Systems Group AB'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.


IAR Systems Group AB's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, IAR Systems Group AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IAR Systems Group AB's Shiller PE Ratio falls into.



IAR Systems Group AB 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.

IAR Systems Group AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=160.00/3.43
=46.65

* 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.

IAR Systems Group AB's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, IAR Systems Group AB's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.03/132.2054*132.2054
=5.030

Current CPI (Mar. 2024) = 132.2054.

IAR Systems Group AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.770 100.432 1.014
201409 1.060 100.161 1.399
201412 0.820 100.225 1.082
201503 1.230 99.950 1.627
201506 1.210 99.995 1.600
201509 1.490 100.228 1.965
201512 1.090 100.276 1.437
201603 1.200 100.751 1.575
201606 1.340 101.019 1.754
201609 1.730 101.138 2.261
201612 1.590 102.022 2.060
201703 1.490 102.022 1.931
201706 1.680 102.752 2.162
201709 1.610 103.279 2.061
201712 1.560 103.793 1.987
201803 1.810 103.962 2.302
201806 1.200 104.875 1.513
201809 1.960 105.679 2.452
201812 1.640 105.912 2.047
201903 1.680 105.886 2.098
201906 1.220 106.742 1.511
201909 1.580 107.214 1.948
201912 1.470 107.766 1.803
202003 0.810 106.563 1.005
202006 1.290 107.498 1.586
202009 1.370 107.635 1.683
202012 0.870 108.296 1.062
202103 0.940 108.360 1.147
202106 0.680 108.928 0.825
202109 1.170 110.338 1.402
202112 -7.730 112.486 -9.085
202203 0.880 114.825 1.013
202206 1.050 118.384 1.173
202209 1.040 122.296 1.124
202212 1.490 126.365 1.559
202303 0.470 127.042 0.489
202306 0.450 129.407 0.460
202309 1.010 130.224 1.025
202312 -18.780 131.912 -18.822
202403 5.030 132.205 5.030

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.


IAR Systems Group AB  (OSTO:IAR B) 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.


IAR Systems Group AB Shiller PE Ratio Related Terms

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IAR Systems Group AB (OSTO:IAR B) Business Description

Traded in Other Exchanges
Address
Strandbodgatan 1A, Stockholm, SWE, SE-75323
IAR Systems Group AB provides software for the programming processors in embedded systems. The company's customers mainly operate in industrial automation, medical technology, IOT, consumer electronics, and automotive industries that develop products based on 8-, 16, 32-bit processors. Its flagship product is IAR embedded workbench. Geographically, it derives a majority of revenue from the Americas and also has a presence in Asia, EMEA, and the Nordic region.

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