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LATAM Airlines Group (XSGO:LTM) Shiller PE Ratio : (As of May. 01, 2024)


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What is LATAM Airlines Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


LATAM Airlines Group Shiller PE Ratio Historical Data

The historical data trend for LATAM Airlines Group'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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LATAM Airlines Group Shiller PE Ratio Chart

LATAM Airlines Group 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 207.76 - - - -

LATAM Airlines Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of LATAM Airlines Group's Shiller PE Ratio

For the Airlines subindustry, LATAM Airlines Group'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.


LATAM Airlines Group's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, LATAM Airlines Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where LATAM Airlines Group's Shiller PE Ratio falls into.



LATAM Airlines Group 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.

LATAM Airlines Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, LATAM Airlines Group'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)
=-0.039/146.1089*146.1089
=-0.039

Current CPI (Dec. 2023) = 146.1089.

LATAM Airlines Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -2.327 94.584 -3.595
201406 -3.317 95.543 -5.073
201409 -15.875 96.883 -23.941
201412 6.104 97.515 9.146
201503 -2.561 98.539 -3.797
201506 -3.227 99.770 -4.726
201509 -8.167 101.383 -11.770
201512 -1.162 101.775 -1.668
201603 7.056 102.930 10.016
201606 -6.229 103.965 -8.754
201609 0.320 104.521 0.447
201612 3.699 104.532 5.170
201703 3.997 105.752 5.522
201706 -8.422 105.730 -11.638
201709 9.410 106.035 12.966
201712 1.174 106.907 1.604
201803 5.132 107.670 6.964
201806 -12.384 108.421 -16.689
201809 2.143 109.369 2.863
201812 24.972 109.653 33.274
201903 -3.764 110.339 -4.984
201906 -3.929 111.352 -5.155
201909 5.759 111.821 7.525
201912 15.554 112.943 20.121
202003 -165.073 114.468 -210.701
202006 -66.843 114.283 -85.458
202009 -41.360 115.275 -52.423
202012 -64.544 116.299 -81.088
202103 -29.019 117.770 -36.002
202106 -52.060 118.630 -64.119
202109 -51.151 121.431 -61.546
202112 -219.556 124.634 -257.387
202203 -27.523 128.850 -31.209
202206 -44.283 133.448 -48.484
202209 -26.298 138.101 -27.823
202212 3.522 140.574 3.661
202303 0.201 143.145 0.205
202306 0.193 143.538 0.196
202309 0.401 145.172 0.404
202312 -0.039 146.109 -0.039

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.


LATAM Airlines Group  (XSGO:LTM) 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.


LATAM Airlines Group Shiller PE Ratio Related Terms

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LATAM Airlines Group (XSGO:LTM) Business Description

Traded in Other Exchanges
Address
Avenida Presidente Riesco No. 5711, 20th Floor, Las Condes, Santiago, CHL
LATAM Airlines Group SA operates as a passenger airline group. Geographically, the company operates in Brazil, Chile, Colombia, Ecuador, and Peru, along with international operations within Latin America and to Europe, the US, and the Caribbean. The firm generates its revenue from transporting passengers and cargo.

LATAM Airlines Group (XSGO:LTM) Headlines

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