GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Asahi Group Holdings Ltd (OTCPK:ASBRF) » Definitions » Shiller PE Ratio

Asahi Group Holdings (Asahi Group Holdings) Shiller PE Ratio : 18.95 (As of Apr. 27, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Asahi Group Holdings Shiller PE Ratio?

As of today (2024-04-27), Asahi Group Holdings's current share price is $35.8096. Asahi Group Holdings's E10 for the quarter that ended in Dec. 2023 was $1.89. Asahi Group Holdings's Shiller PE Ratio for today is 18.95.

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

ASBRF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.49   Med: 23.21   Max: 34.35
Current: 19.34

During the past years, Asahi Group Holdings's highest Shiller PE Ratio was 34.35. The lowest was 15.49. And the median was 23.21.

ASBRF's Shiller PE Ratio is ranked better than
61.65% of 133 companies
in the Beverages - Alcoholic industry
Industry Median: 23.91 vs ASBRF: 19.34

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.

Asahi Group Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.425. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Group Holdings Shiller PE Ratio Historical Data

The historical data trend for Asahi Group Holdings'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.

Asahi Group Holdings Shiller PE Ratio Chart

Asahi Group Holdings 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 25.06 20.81 20.02 16.54 19.19

Asahi Group Holdings 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 16.54 19.37 21.36 20.78 19.19

Competitive Comparison of Asahi Group Holdings's Shiller PE Ratio

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.


Asahi Group Holdings's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Shiller PE Ratio distribution charts can be found below:

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



Asahi Group Holdings 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.

Asahi Group Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=35.8096/1.89
=18.95

* 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.

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

For example, Asahi Group Holdings'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)
=0.425/106.8000*106.8000
=0.425

Current CPI (Dec. 2023) = 106.8000.

Asahi Group Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.052 95.700 0.058
201406 0.352 98.000 0.384
201409 0.701 98.500 0.760
201412 0.267 97.900 0.291
201503 0.239 97.900 0.261
201506 0.458 98.400 0.497
201509 0.535 98.500 0.580
201512 0.123 98.100 0.134
201603 0.042 97.900 0.046
201606 0.592 98.100 0.645
201609 0.599 98.000 0.653
201612 0.574 98.400 0.623
201703 0.054 98.100 0.059
201706 0.747 98.500 0.810
201709 1.046 98.800 1.131
201712 0.913 99.400 0.981
201803 0.305 99.200 0.328
201806 0.904 99.200 0.973
201809 1.093 99.900 1.168
201812 0.673 99.700 0.721
201903 0.299 99.700 0.320
201906 0.935 99.800 1.001
201909 1.042 100.100 1.112
201912 0.587 100.500 0.624
202003 0.169 100.300 0.180
202006 0.415 99.900 0.444
202009 0.961 99.900 1.027
202012 0.302 99.300 0.325
202103 0.602 99.900 0.644
202106 0.827 99.500 0.888
202109 0.811 100.100 0.865
202112 0.501 100.100 0.535
202203 0.072 101.100 0.076
202206 0.776 101.800 0.814
202209 0.791 103.100 0.819
202212 0.542 104.100 0.556
202303 0.295 104.400 0.302
202306 0.640 105.200 0.650
202309 0.897 106.200 0.902
202312 0.425 106.800 0.425

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.


Asahi Group Holdings  (OTCPK:ASBRF) 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.


Asahi Group Holdings Shiller PE Ratio Related Terms

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


Asahi Group Holdings (Asahi Group Holdings) Business Description

Traded in Other Exchanges
Address
1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602
Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.

Asahi Group Holdings (Asahi Group Holdings) Headlines

From GuruFocus

Bernard Horn Comments on Asahi Group Holdings

By Holly LaFon Holly LaFon 01-24-2017

3 Stocks Recommendations Trading at Attractive Valuations

By Alberto Abaterusso Alberto Abaterusso 03-06-2020

Bernard Horn Comments on Asahi Group Holdings

By Holly LaFon Holly LaFon 07-18-2019

Monetary Metals Enters into Agreement with Asahi Refining

By PRNewswire PRNewswire 05-09-2023

Bernard Horn Comments on Asahi Group Holdings

By Holly LaFon Holly LaFon 04-21-2017

Bernard Horn Comments on Asahi Group

By Sydnee Gatewood Sydnee Gatewood 01-22-2020

Asahi Group Buys 3 Breweries From AB Inbev

By Holmes Osborne, CFA Holmes Osborne, CFA 12-13-2016

Bernard Horn Comments on Asahi Group Holdings

By Holly LaFon Holly LaFon 01-17-2018

Bernard Horn Comments on Asahi Group

By Sydnee Gatewood Sydnee Gatewood 10-18-2019

Bernard Horn Comments on Asahi Group Holdings

By Vera Yuan Vera Yuan 08-07-2014