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Freedom Holding (UKEX:FRHC) Shiller PE Ratio : 33.45 (As of Jun. 23, 2024)


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What is Freedom Holding Shiller PE Ratio?

As of today (2024-06-23), Freedom Holding's current share price is ₴1180.00. Freedom Holding's E10 for the quarter that ended in Mar. 2024 was ₴35.28. Freedom Holding's Shiller PE Ratio for today is 33.45.

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

UKEX:FRHC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 31.01   Med: 53.4   Max: 78.31
Current: 37.94

During the past years, Freedom Holding's highest Shiller PE Ratio was 78.31. The lowest was 31.01. And the median was 53.40.

UKEX:FRHC's Shiller PE Ratio is ranked worse than
73.37% of 492 companies
in the Capital Markets industry
Industry Median: 20.615 vs UKEX:FRHC: 37.94

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.

Freedom Holding's adjusted earnings per share data for the three months ended in Mar. 2024 was ₴63.772. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₴35.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Freedom Holding Shiller PE Ratio Historical Data

The historical data trend for Freedom Holding'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.

Freedom Holding Shiller PE Ratio Chart

Freedom Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 65.77 53.24 33.42

Freedom Holding 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 53.24 54.11 49.10 42.39 33.42

Competitive Comparison of Freedom Holding's Shiller PE Ratio

For the Capital Markets subindustry, Freedom Holding'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.


Freedom Holding's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Freedom Holding's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Freedom Holding's Shiller PE Ratio falls into.



Freedom Holding 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.

Freedom Holding's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1180.00/35.28
=33.45

* 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.

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

For example, Freedom Holding'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)
=63.772/131.7762*131.7762
=63.772

Current CPI (Mar. 2024) = 131.7762.

Freedom Holding Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.021 100.560 -0.028
201409 -0.010 100.428 -0.013
201412 0.030 99.070 0.040
201503 -0.013 99.621 -0.017
201506 -0.008 100.684 -0.010
201509 -0.024 100.392 -0.032
201512 -0.076 99.792 -0.100
201603 -0.015 100.470 -0.020
201606 -0.179 101.688 -0.232
201609 0.337 101.861 0.436
201612 -0.082 101.863 -0.106
201703 0.850 102.862 1.089
201706 0.658 103.349 0.839
201709 34.706 104.136 43.918
201712 -10.333 104.011 -13.091
201803 -2.599 105.290 -3.253
201806 -4.787 106.317 -5.933
201809 1.193 106.507 1.476
201812 6.054 105.998 7.526
201903 2.018 107.251 2.479
201906 5.651 108.070 6.891
201909 6.054 108.329 7.364
201912 2.825 108.420 3.434
202003 2.825 108.902 3.418
202006 16.952 108.767 20.538
202009 16.145 109.815 19.374
202012 29.061 109.897 34.847
202103 41.169 111.754 48.545
202106 37.537 114.631 43.151
202109 140.057 115.734 159.470
202112 34.711 117.630 38.886
202203 -54.085 121.301 -58.756
202206 41.573 125.017 43.821
202209 17.759 125.227 18.688
202212 42.380 125.222 44.598
202303 38.344 127.348 39.677
202306 46.416 128.729 47.515
202309 78.706 129.860 79.868
202312 65.790 129.419 66.988
202403 63.772 131.776 63.772

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.


Freedom Holding  (UKEX:FRHC) 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.


Freedom Holding Shiller PE Ratio Related Terms

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Freedom Holding (UKEX:FRHC) Business Description

Traded in Other Exchanges
Address
No. 77-7 Al Farabi Avenue, Esentai Tower BC, Floor 7, Almaty, KAZ, 050040
Freedom Holding Corp is engaged in a broad range of activities in the securities industry, including retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking, and underwriting services in Eurasia. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its geographical segments are Central Asia, Europe, the United States, and the Middle East/Caucasus, of which Europe accounts for the majority of its revenue.

Freedom Holding (UKEX:FRHC) Headlines

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