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Investment AB Latour (OSTO:LATO B) Shiller PE Ratio : 39.11 (As of May. 26, 2024)


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What is Investment AB Latour Shiller PE Ratio?

As of today (2024-05-26), Investment AB Latour's current share price is kr303.10. Investment AB Latour's E10 for the quarter that ended in Mar. 2024 was kr7.75. Investment AB Latour's Shiller PE Ratio for today is 39.11.

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

OSTO:LATO B' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.12   Med: 35.31   Max: 67.24
Current: 39.09

During the past years, Investment AB Latour's highest Shiller PE Ratio was 67.24. The lowest was 15.12. And the median was 35.31.

OSTO:LATO B's Shiller PE Ratio is ranked worse than
89.59% of 759 companies
in the Asset Management industry
Industry Median: 12.92 vs OSTO:LATO B: 39.09

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.

Investment AB Latour's adjusted earnings per share data for the three months ended in Mar. 2024 was kr3.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr7.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investment AB Latour Shiller PE Ratio Historical Data

The historical data trend for Investment AB Latour'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.

Investment AB Latour Shiller PE Ratio Chart

Investment AB Latour 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 35.87 40.23 67.15 29.94 34.95

Investment AB Latour 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 30.63 29.56 26.52 34.95 36.30

Competitive Comparison of Investment AB Latour's Shiller PE Ratio

For the Asset Management subindustry, Investment AB Latour'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.


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

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

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



Investment AB Latour 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.

Investment AB Latour's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=303.10/7.75
=39.11

* 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.

Investment AB Latour's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Investment AB Latour'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)
=3.1/132.2054*132.2054
=3.100

Current CPI (Mar. 2024) = 132.2054.

Investment AB Latour Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.708 100.432 0.932
201409 0.770 100.161 1.016
201412 0.860 100.225 1.134
201503 1.300 99.950 1.720
201506 1.408 99.995 1.862
201509 0.995 100.228 1.312
201512 2.723 100.276 3.590
201603 2.500 100.751 3.280
201606 0.970 101.019 1.269
201609 1.240 101.138 1.621
201612 1.020 102.022 1.322
201703 0.870 102.022 1.127
201706 1.250 102.752 1.608
201709 1.150 103.279 1.472
201712 1.090 103.793 1.388
201803 0.920 103.962 1.170
201806 0.580 104.875 0.731
201809 1.160 105.679 1.451
201812 0.990 105.912 1.236
201903 2.650 105.886 3.309
201906 2.600 106.742 3.220
201909 1.080 107.214 1.332
201912 1.980 107.766 2.429
202003 0.010 106.563 0.012
202006 4.270 107.498 5.251
202009 2.010 107.635 2.469
202012 2.000 108.296 2.442
202103 1.890 108.360 2.306
202106 1.840 108.928 2.233
202109 1.650 110.338 1.977
202112 1.450 112.486 1.704
202203 1.760 114.825 2.026
202206 1.460 118.384 1.630
202209 1.060 122.296 1.146
202212 2.210 126.365 2.312
202303 3.160 127.042 3.288
202306 2.960 129.407 3.024
202309 0.870 130.224 0.883
202312 2.200 131.912 2.205
202403 3.100 132.205 3.100

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.


Investment AB Latour  (OSTO:LATO 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.


Investment AB Latour Shiller PE Ratio Related Terms

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Investment AB Latour (OSTO:LATO B) Business Description

Traded in Other Exchanges
Address
J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

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