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Terna SpA (Terna SpA) Shiller PE Ratio : 17.45 (As of May. 25, 2024)


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What is Terna SpA Shiller PE Ratio?

As of today (2024-05-25), Terna SpA's current share price is $7.677. Terna SpA's E10 for the quarter that ended in Dec. 2023 was $0.44. Terna SpA's Shiller PE Ratio for today is 17.45.

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: 12.69   Med: 18.55   Max: 22.92
Current: 19.03

During the past years, Terna SpA's highest Shiller PE Ratio was 22.92. The lowest was 12.69. And the median was 18.55.

TERRF's Shiller PE Ratio is ranked worse than
64.18% of 388 companies
in the Utilities - Regulated industry
Industry Median: 15.985 vs TERRF: 19.03

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 Dec. 2023 was $0.132. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.44 for the trailing ten years ended in Dec. 2023.

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 19.45 19.98 20.88 17.37 18.29

Terna SpA 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 19.00 19.30 17.43 18.29 -

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.



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
=7.677/0.44
=17.45

* 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 Dec. 2023 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.132/119.7000*119.7000
=0.132

Current CPI (Dec. 2023) = 119.7000.

Terna SpA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.100 99.907 0.120
201406 0.087 100.093 0.104
201409 0.092 99.814 0.110
201412 0.078 99.721 0.094
201503 0.089 99.814 0.107
201506 0.081 100.279 0.097
201509 0.081 100.000 0.097
201512 0.076 99.814 0.091
201603 0.090 99.600 0.108
201606 0.091 99.900 0.109
201609 0.090 100.100 0.108
201612 0.077 100.300 0.092
201703 0.095 101.000 0.113
201706 0.096 101.100 0.114
201709 0.105 101.200 0.124
201712 0.094 101.200 0.111
201803 0.112 101.800 0.132
201806 0.103 102.400 0.120
201809 0.105 102.600 0.123
201812 0.093 102.300 0.109
201903 0.105 102.800 0.122
201906 0.102 103.100 0.118
201909 0.102 102.900 0.119
201912 0.113 102.800 0.132
202003 0.103 102.900 0.120
202006 0.129 102.900 0.150
202009 0.112 102.300 0.131
202012 0.131 102.600 0.153
202103 0.113 103.700 0.130
202106 0.117 104.200 0.134
202109 0.115 104.900 0.131
202112 0.118 106.600 0.133
202203 0.105 110.400 0.114
202206 0.109 112.500 0.116
202209 0.093 114.200 0.097
202212 0.143 119.000 0.144
202303 0.107 118.800 0.108
202306 0.114 119.700 0.114
202309 0.123 120.300 0.122
202312 0.132 119.700 0.132

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

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Terna SpA (Terna SpA) Business Description

Traded in Other Exchanges
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.

Terna SpA (Terna SpA) Headlines

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