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Saipem SpA (STU:SPEA) Shiller PE Ratio : (As of May. 26, 2024)


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What is Saipem SpA Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Saipem SpA Shiller PE Ratio Historical Data

The historical data trend for Saipem SpA'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.

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Saipem SpA Shiller PE Ratio Chart

Saipem SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
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Saipem SpA Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Mar24
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Competitive Comparison of Saipem SpA's Shiller PE Ratio

For the Oil & Gas Equipment & Services subindustry, Saipem SpA'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.


Saipem SpA's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saipem SpA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Saipem SpA's Shiller PE Ratio falls into.



Saipem SpA 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.

Saipem SpA's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Saipem SpA's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.02/120.3000*120.3000
=0.020

Current CPI (Sep. 2023) = 120.3000.

Saipem SpA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201306 -3.165 99.814 -3.815
201309 0.726 100.000 0.873
201312 0.503 99.721 0.607
201403 0.439 99.907 0.529
201406 0.539 100.093 0.648
201409 0.547 99.814 0.659
201412 -3.179 99.721 -3.835
201503 0.554 99.814 0.668
201506 -7.170 100.279 -8.602
201509 0.338 100.000 0.407
201512 -1.755 99.814 -2.115
201603 0.439 99.600 0.530
201606 -0.020 99.900 -0.024
201609 -4.912 100.100 -5.903
201612 -0.405 100.300 -0.486
201703 0.118 101.000 0.141
201706 -0.393 101.100 -0.468
201709 0.133 101.200 0.158
201712 -0.683 101.200 -0.812
201803 -0.005 101.800 -0.006
201806 -0.809 102.400 -0.950
201809 -0.086 102.600 -0.101
201812 -0.290 102.300 -0.341
201903 0.053 102.800 0.062
201906 -0.018 103.100 -0.021
201909 0.076 102.900 0.089
201912 -0.081 102.800 -0.095
202003 -0.683 102.900 -0.798
202006 -1.565 102.900 -1.830
202009 -0.331 102.300 -0.389
202012 -0.303 102.600 -0.355
202103 -0.301 103.700 -0.349
202106 -1.665 104.200 -1.922
202109 -0.868 104.900 -0.995
202112 -3.414 106.600 -3.853
202203 -0.251 110.400 -0.274
202206 -0.016 112.500 -0.017
202212 0.000 119.000 0.000
202306 0.000 119.700 0.000
202309 0.020 120.300 0.020

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.


Saipem SpA  (STU:SPEA) 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.


Saipem SpA Shiller PE Ratio Related Terms

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Saipem SpA (STU:SPEA) Business Description

Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.

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