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Magna International (STU:MGA) Shiller PE Ratio : 8.78 (As of May. 26, 2024)


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What is Magna International Shiller PE Ratio?

As of today (2024-05-26), Magna International's current share price is €41.45. Magna International's E10 for the quarter that ended in Mar. 2024 was €4.72. Magna International's Shiller PE Ratio for today is 8.78.

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

STU:MGA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.71   Med: 17.62   Max: 34.17
Current: 8.98

During the past years, Magna International's highest Shiller PE Ratio was 34.17. The lowest was 6.71. And the median was 17.62.

STU:MGA's Shiller PE Ratio is ranked better than
82.21% of 832 companies
in the Vehicles & Parts industry
Industry Median: 17.65 vs STU:MGA: 8.98

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.

Magna International's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.028. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magna International Shiller PE Ratio Historical Data

The historical data trend for Magna International'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.

Magna International Shiller PE Ratio Chart

Magna International 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 12.79 15.90 16.17 11.49 11.25

Magna International 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 10.79 10.95 10.43 11.25 10.69

Competitive Comparison of Magna International's Shiller PE Ratio

For the Auto Parts subindustry, Magna International'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.


Magna International's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Magna International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Magna International's Shiller PE Ratio falls into.



Magna International 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.

Magna International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=41.45/4.72
=8.78

* 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.

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

For example, Magna International'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)
=0.028/126.2576*126.2576
=0.028

Current CPI (Mar. 2024) = 126.2576.

Magna International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.854 99.473 1.084
201409 0.854 99.394 1.085
201412 0.989 98.367 1.269
201503 1.035 99.789 1.310
201506 1.034 100.500 1.299
201509 1.265 100.421 1.590
201512 1.074 99.947 1.357
201603 1.096 101.054 1.369
201606 1.255 102.002 1.553
201609 1.149 101.765 1.426
201612 1.176 101.449 1.464
201703 1.412 102.634 1.737
201706 1.282 103.029 1.571
201709 1.158 103.345 1.415
201712 1.293 103.345 1.580
201803 1.484 105.004 1.784
201806 1.515 105.557 1.812
201809 1.388 105.636 1.659
201812 1.222 105.399 1.464
201903 3.000 106.979 3.541
201906 1.257 107.690 1.474
201909 -0.681 107.611 -0.799
201912 1.287 107.769 1.508
202003 0.778 107.927 0.910
202006 -1.927 108.401 -2.244
202009 1.146 108.164 1.338
202012 2.014 108.559 2.342
202103 1.705 110.298 1.952
202106 1.162 111.720 1.313
202109 0.034 112.905 0.038
202112 1.363 113.774 1.513
202203 1.108 117.646 1.189
202206 -0.511 120.806 -0.534
202209 1.010 120.648 1.057
202212 0.312 120.964 0.326
202303 0.682 122.702 0.702
202306 1.089 124.203 1.107
202309 1.284 125.230 1.295
202312 0.862 125.072 0.870
202403 0.028 126.258 0.028

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.


Magna International  (STU:MGA) 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.


Magna International Shiller PE Ratio Related Terms

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


Magna International (STU:MGA) Business Description

Traded in Other Exchanges
Address
337 Magna Drive, Aurora, ON, CAN, L4G 7K1
Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2022, roughly 50% of Magna's revenue came from North America while Europe accounted for approximately 38%.

Magna International (STU:MGA) Headlines