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Ball (FRA:BL8) Shiller PE Ratio : 22.81 (As of May. 03, 2024)


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What is Ball Shiller PE Ratio?

As of today (2024-05-03), Ball's current share price is €64.10. Ball's E10 for the quarter that ended in Mar. 2024 was €2.81. Ball's Shiller PE Ratio for today is 22.81.

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

FRA:BL8' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.19   Med: 32.01   Max: 70.62
Current: 22.54

During the past years, Ball's highest Shiller PE Ratio was 70.62. The lowest was 21.19. And the median was 32.01.

FRA:BL8's Shiller PE Ratio is ranked worse than
66.79% of 265 companies
in the Packaging & Containers industry
Industry Median: 16.98 vs FRA:BL8: 22.54

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.

Ball's adjusted earnings per share data for the three months ended in Mar. 2024 was €10.681. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ball Shiller PE Ratio Historical Data

The historical data trend for Ball'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.

Ball Shiller PE Ratio Chart

Ball 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 47.00 65.77 59.26 28.53 30.31

Ball 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 29.82 30.93 26.04 30.31 22.33

Competitive Comparison of Ball's Shiller PE Ratio

For the Packaging & Containers subindustry, Ball'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.


Ball's Shiller PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Shiller PE Ratio distribution charts can be found below:

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



Ball 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.

Ball's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=64.10/2.81
=22.81

* 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.

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

For example, Ball'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)
=10.681/129.4194*129.4194
=10.681

Current CPI (Mar. 2024) = 129.4194.

Ball Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.394 100.560 0.507
201409 0.404 100.428 0.521
201412 0.219 99.070 0.286
201503 0.069 99.621 0.090
201506 0.503 100.684 0.647
201509 0.143 100.392 0.184
201512 0.179 99.792 0.232
201603 -0.404 100.470 -0.520
201606 0.943 101.688 1.200
201609 0.080 101.861 0.102
201612 0.038 101.863 0.048
201703 0.178 102.862 0.224
201706 0.249 103.349 0.312
201709 0.109 104.136 0.135
201712 0.439 104.011 0.546
201803 0.284 105.290 0.349
201806 0.291 106.317 0.354
201809 0.146 106.507 0.177
201812 0.387 105.998 0.473
201903 0.301 107.251 0.363
201906 0.513 108.070 0.614
201909 0.245 108.329 0.293
201912 0.432 108.420 0.516
202003 0.063 108.902 0.075
202006 0.249 108.767 0.296
202009 0.611 109.815 0.720
202012 0.559 109.897 0.658
202103 0.504 111.754 0.584
202106 0.506 114.631 0.571
202109 0.459 115.734 0.513
202112 0.797 117.630 0.877
202203 1.244 121.301 1.327
202206 -0.520 125.017 -0.538
202209 1.252 125.227 1.294
202212 0.160 125.222 0.165
202303 0.523 127.348 0.532
202306 0.508 128.729 0.511
202309 0.600 129.860 0.598
202312 0.449 129.419 0.449
202403 10.681 129.419 10.681

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.


Ball  (FRA:BL8) 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.


Ball Shiller PE Ratio Related Terms

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Ball (FRA:BL8) Business Description

Traded in Other Exchanges
Address
9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the U.S. defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports four segments—beverage packaging, North and Central America (44% of revenue), beverage packaging, EMEA (25%), beverage packaging, South America (14%), aerospace (14%)—and it generated $15.3 billion in revenue in 2022.

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