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TERRF (Terna SpA) Shiller PE Ratio : 22.11 (As of Apr. 28, 2025)


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What is Terna SpA Shiller PE Ratio?

As of today (2025-04-28), Terna SpA's current share price is $9.95. Terna SpA's E10 for the quarter that ended in Sep. 2024 was $0.45. Terna SpA's Shiller PE Ratio for today is 22.11.

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

TERRF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.32   Med: 18.43   Max: 22.92
Current: 21.17

During the past years, Terna SpA's highest Shiller PE Ratio was 22.92. The lowest was 14.32. And the median was 18.43.

TERRF's Shiller PE Ratio is ranked worse than
60.94% of 361 companies
in the Utilities - Regulated industry
Industry Median: 16.84 vs TERRF: 21.17

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.

Terna SpA's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.148. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.45 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Terna SpA Shiller PE Ratio Historical Data

The historical data trend for Terna 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.

* Premium members only.

Terna SpA Shiller PE Ratio Chart

Terna SpA 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 19.47 19.98 20.88 17.37 18.29

Terna SpA 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 17.43 18.29 18.26 16.89 18.65

Competitive Comparison of Terna SpA's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Terna 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.


Terna SpA's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Terna SpA's Shiller PE Ratio distribution charts can be found below:

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


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Terna 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.

Terna SpA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9.95/0.45
=22.11

* 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.

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

For example, Terna SpA'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)
=0.148/121.2000*121.2000
=0.148

Current CPI (Sep. 2024) = 121.2000.

Terna SpA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.078 99.721 0.095
201503 0.089 99.814 0.108
201506 0.081 100.279 0.098
201509 0.081 100.000 0.098
201512 0.076 99.814 0.092
201603 0.090 99.600 0.110
201606 0.091 99.900 0.110
201609 0.090 100.100 0.109
201612 0.077 100.300 0.093
201703 0.095 101.000 0.114
201706 0.096 101.100 0.115
201709 0.105 101.200 0.126
201712 0.094 101.200 0.113
201803 0.112 101.800 0.133
201806 0.103 102.400 0.122
201809 0.105 102.600 0.124
201812 0.093 102.300 0.110
201903 0.105 102.800 0.124
201906 0.102 103.100 0.120
201909 0.102 102.900 0.120
201912 0.113 102.800 0.133
202003 0.103 102.900 0.121
202006 0.129 102.900 0.152
202009 0.112 102.300 0.133
202012 0.131 102.600 0.155
202103 0.113 103.700 0.132
202106 0.117 104.200 0.136
202109 0.115 104.900 0.133
202112 0.118 106.600 0.134
202203 0.105 110.400 0.115
202206 0.109 112.500 0.117
202209 0.093 114.200 0.099
202212 0.143 119.000 0.146
202303 0.107 118.800 0.109
202306 0.114 119.700 0.115
202309 0.123 120.300 0.124
202312 0.132 119.700 0.134
202403 0.145 120.200 0.146
202406 0.148 120.700 0.149
202409 0.148 121.200 0.148

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.


Terna SpA  (OTCPK:TERRF) 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.


Terna SpA Shiller PE Ratio Related Terms

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


Terna SpA Business Description

Address
Viale Egidio Galbani, 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.