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Industrivarden AB (OSTO:INDU C) Shiller PE Ratio : 11.40 (As of Dec. 11, 2024)


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What is Industrivarden AB Shiller PE Ratio?

As of today (2024-12-11), Industrivarden AB's current share price is kr368.40. Industrivarden AB's E10 for the quarter that ended in Sep. 2024 was kr32.32. Industrivarden AB's Shiller PE Ratio for today is 11.40.

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

OSTO:INDU C' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.28   Med: 11.38   Max: 18.9
Current: 11.43

During the past years, Industrivarden AB's highest Shiller PE Ratio was 18.90. The lowest was 8.28. And the median was 11.38.

OSTO:INDU C's Shiller PE Ratio is ranked better than
60.6% of 731 companies
in the Asset Management industry
Industry Median: 13.22 vs OSTO:INDU C: 11.43

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.

Industrivarden AB's adjusted earnings per share data for the three months ended in Sep. 2024 was kr15.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr32.32 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrivarden AB Shiller PE Ratio Historical Data

The historical data trend for Industrivarden 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.

Industrivarden AB Shiller PE Ratio Chart

Industrivarden 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 11.80 15.67 9.93 9.90 11.12

Industrivarden AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.81 11.12 11.57 11.81 11.55

Competitive Comparison of Industrivarden AB's Shiller PE Ratio

For the Asset Management subindustry, Industrivarden 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.


Industrivarden AB's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Industrivarden AB's Shiller PE Ratio distribution charts can be found below:

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



Industrivarden 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.

Industrivarden AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=368.40/32.32
=11.40

* 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.

Industrivarden AB's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Industrivarden AB's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=15.52/132.3043*132.3043
=15.520

Current CPI (Sep. 2024) = 132.3043.

Industrivarden AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 4.820 100.225 6.363
201503 26.130 99.950 34.588
201506 -5.630 99.995 -7.449
201509 -15.280 100.228 -20.170
201512 1.030 100.276 1.359
201603 6.410 100.751 8.417
201606 -0.530 101.019 -0.694
201609 15.430 101.138 20.185
201612 13.620 102.022 17.663
201703 23.860 102.022 30.942
201706 7.400 102.752 9.528
201709 3.490 103.279 4.471
201712 1.030 103.793 1.313
201803 3.460 103.962 4.403
201806 2.610 104.875 3.293
201809 14.640 105.679 18.329
201812 -39.850 105.912 -49.780
201903 35.110 105.886 43.870
201906 13.990 106.742 17.340
201909 -7.750 107.214 -9.564
201912 27.215 107.766 33.412
202003 -42.590 106.563 -52.878
202006 28.980 107.498 35.668
202009 12.620 107.635 15.512
202012 20.376 108.296 24.893
202103 42.250 108.360 51.586
202106 -1.360 108.928 -1.652
202109 -15.720 110.338 -18.850
202112 36.400 112.486 42.813
202203 -45.880 114.825 -52.864
202206 -16.020 118.384 -17.904
202209 -14.270 122.296 -15.438
202212 43.830 126.365 45.890
202303 27.350 127.042 28.483
202306 3.630 129.407 3.711
202309 -4.880 130.224 -4.958
202312 36.050 131.912 36.157
202403 38.250 132.205 38.279
202406 -17.090 132.716 -17.037
202409 15.520 132.304 15.520

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.


Industrivarden AB  (OSTO:INDU C) 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.


Industrivarden AB Shiller PE Ratio Related Terms

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


Industrivarden AB Business Description

Address
Storgatan 10, P.O Box 5403, Stockholm, SWE, 114 84
Industrivarden AB is an asset management firm with a long-term, activist orientation. The company's stated investment goal is to increase net asset value and generate returns in excess of the market cost of capital. Industrivarden makes investments in Nordic companies it can influence through corporate governance actions. It benchmarks its performance relative to the average return of the Stockholm Stock Exchange. The firm counts many public and private pension managers, foundations, and retail investors as its client base. Its security selection criteria emphasize enduring business models with promising growth prospects at an attractive valuation.

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