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Leonardo SpA (Leonardo SpA) Shiller PE Ratio : 23.20 (As of May. 01, 2024)


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What is Leonardo SpA Shiller PE Ratio?

As of today (2024-05-01), Leonardo SpA's current share price is $11.60. Leonardo SpA's E10 for the quarter that ended in Sep. 2023 was $0.50. Leonardo SpA's Shiller PE Ratio for today is 23.20.

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

FINMY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.26   Med: 18.43   Max: 238.33
Current: 22.75

During the past years, Leonardo SpA's highest Shiller PE Ratio was 238.33. The lowest was 9.26. And the median was 18.43.

FINMY's Shiller PE Ratio is ranked better than
75.18% of 137 companies
in the Aerospace & Defense industry
Industry Median: 39.23 vs FINMY: 22.75

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.

Leonardo SpA's adjusted earnings per share data for the three months ended in Sep. 2023 was $0.086. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.50 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leonardo SpA Shiller PE Ratio Historical Data

The historical data trend for Leonardo 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.

Leonardo SpA Shiller PE Ratio Chart

Leonardo 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 - - 13.19 9.14 -

Leonardo SpA 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 9.14 12.51 11.36 14.32 -

Competitive Comparison of Leonardo SpA's Shiller PE Ratio

For the Aerospace & Defense subindustry, Leonardo 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.


Leonardo SpA's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Leonardo SpA's Shiller PE Ratio distribution charts can be found below:

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



Leonardo 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.

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

Shiller PE Ratio=Share Price/ E10
=11.60/0.5
=23.20

* 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.

Leonardo SpA's E10 for the quarter that ended in Sep. 2023 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.086/120.3000*120.3000
=0.086

Current CPI (Sep. 2023) = 120.3000.

Leonardo SpA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.228 99.721 0.275
201403 -0.025 99.907 -0.030
201406 -0.048 100.093 -0.058
201409 0.005 99.814 0.006
201412 0.028 99.721 0.034
201503 0.001 99.814 0.001
201506 0.083 100.279 0.100
201509 0.035 100.000 0.042
201512 0.344 99.814 0.415
201603 0.062 99.600 0.075
201606 0.143 99.900 0.172
201609 0.140 100.100 0.168
201612 0.140 100.300 0.168
201703 0.046 101.000 0.055
201706 0.160 101.100 0.190
201709 0.054 101.200 0.064
201712 0.013 101.200 0.015
201803 0.054 101.800 0.064
201806 0.057 102.400 0.067
201809 0.159 102.600 0.186
201812 0.244 102.300 0.287
201903 0.076 102.800 0.089
201906 0.267 103.100 0.312
201909 0.111 102.900 0.130
201912 0.344 102.800 0.403
202003 -0.057 102.900 -0.067
202006 0.116 102.900 0.136
202009 0.079 102.300 0.093
202012 0.111 102.600 0.130
202103 -0.002 103.700 -0.002
202106 0.186 104.200 0.215
202109 0.053 104.900 0.061
202112 0.352 106.600 0.397
202203 0.071 110.400 0.077
202206 0.176 112.500 0.188
202209 0.340 114.200 0.358
202212 0.244 119.000 0.247
202303 0.033 118.800 0.033
202306 0.151 119.700 0.152
202309 0.086 120.300 0.086

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.


Leonardo SpA  (OTCPK:FINMY) 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.


Leonardo SpA Shiller PE Ratio Related Terms

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Leonardo SpA (Leonardo SpA) Business Description

Address
Piazza Monte Grappa 4, Rome, ITA, 00195
Leonardo is one of the largest European defense firms, with 30% of its shares owned by the Italian government. The group's divisions include helicopters; defense, electronics, and security systems; and aeronautics. The helicopter division serves both military and civil markets through AgustaWestland. DES has access to the U.S. defense market through the DRS subsidiary. The aeronautics division cooperates in international programs, such as Eurofighter Typhoon, F-35, and the new Tempest, and supplies aerostructures to large commercial aircraft programs.