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SalMar ASA (SalMar ASA) Shiller PE Ratio : 26.55 (As of May. 24, 2024)


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What is SalMar ASA Shiller PE Ratio?

As of today (2024-05-24), SalMar ASA's current share price is $15.40. SalMar ASA's E10 for the quarter that ended in Mar. 2024 was $0.58. SalMar ASA's Shiller PE Ratio for today is 26.55.

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

SALRY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.24   Med: 28.43   Max: 38.08
Current: 27.02

During the past years, SalMar ASA's highest Shiller PE Ratio was 38.08. The lowest was 13.24. And the median was 28.43.

SALRY's Shiller PE Ratio is ranked worse than
67.5% of 1077 companies
in the Consumer Packaged Goods industry
Industry Median: 18.68 vs SALRY: 27.02

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.

SalMar ASA's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.146. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SalMar ASA Shiller PE Ratio Historical Data

The historical data trend for SalMar 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.

SalMar ASA Shiller PE Ratio Chart

SalMar 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 28.14 29.91 30.59 16.49 22.98

SalMar ASA 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 18.46 18.20 22.53 22.98 28.33

Competitive Comparison of SalMar ASA's Shiller PE Ratio

For the Farm Products subindustry, SalMar 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.


SalMar ASA's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's Shiller PE Ratio distribution charts can be found below:

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



SalMar 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.

SalMar ASA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.40/0.58
=26.55

* 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.

SalMar ASA's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, SalMar ASA'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)
=0.146/132.6000*132.6000
=0.146

Current CPI (Mar. 2024) = 132.6000.

SalMar ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.084 97.500 0.114
201409 0.156 98.500 0.210
201412 0.092 98.600 0.124
201503 0.060 99.200 0.080
201506 0.051 100.100 0.068
201509 0.087 100.600 0.115
201512 0.099 100.900 0.130
201603 0.155 102.500 0.201
201606 0.110 103.800 0.141
201609 0.174 104.200 0.221
201612 0.258 104.400 0.328
201703 0.113 105.000 0.143
201706 0.147 105.800 0.184
201709 0.278 105.900 0.348
201712 0.080 106.100 0.100
201803 0.204 107.300 0.252
201806 0.209 108.500 0.255
201809 0.248 109.500 0.300
201812 0.299 109.800 0.361
201903 0.185 110.400 0.222
201906 0.230 110.600 0.276
201909 0.050 111.100 0.060
201912 0.164 111.300 0.195
202003 0.087 111.200 0.104
202006 0.274 112.100 0.324
202009 0.089 112.900 0.105
202012 0.006 112.900 0.007
202103 0.186 114.600 0.215
202106 0.207 115.300 0.238
202109 0.169 117.500 0.191
202112 0.096 118.900 0.107
202203 0.260 119.800 0.288
202206 0.400 122.600 0.433
202209 0.114 125.600 0.120
202212 -0.048 125.900 -0.051
202303 0.313 127.600 0.325
202306 -0.148 130.400 -0.150
202309 0.177 129.800 0.181
202312 0.238 131.900 0.239
202403 0.146 132.600 0.146

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.


SalMar ASA  (OTCPK:SALRY) 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.


SalMar ASA Shiller PE Ratio Related Terms

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


SalMar ASA (SalMar ASA) Business Description

Address
Industriveien 51, Kverva, NOR, N-7266
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.

SalMar ASA (SalMar ASA) Headlines

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