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Telenor ASA (OSTO:TELO) Shiller PE Ratio : 12.35 (As of Apr. 27, 2024)


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What is Telenor ASA Shiller PE Ratio?

As of today (2024-04-27), Telenor ASA's current share price is kr125.70. Telenor ASA's E10 for the quarter that ended in Dec. 2023 was kr10.18. Telenor ASA's Shiller PE Ratio for today is 12.35.

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

OSTO:TELo' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.92   Med: 20.69   Max: 30.38
Current: 12.58

During the past years, Telenor ASA's highest Shiller PE Ratio was 30.38. The lowest was 9.92. And the median was 20.69.

OSTO:TELo's Shiller PE Ratio is ranked better than
60.38% of 212 companies
in the Telecommunication Services industry
Industry Median: 14.755 vs OSTO:TELo: 12.58

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.

Telenor ASA's adjusted earnings per share data for the three months ended in Dec. 2023 was kr-5.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr10.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telenor ASA Shiller PE Ratio Historical Data

The historical data trend for Telenor ASA'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.

Telenor ASA Shiller PE Ratio Chart

Telenor ASA 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 24.36 21.67 20.90 9.64 11.44

Telenor ASA 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 9.64 11.56 10.25 11.68 11.44

Competitive Comparison of Telenor ASA's Shiller PE Ratio

For the Telecom Services subindustry, Telenor ASA'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.


Telenor ASA's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telenor ASA's Shiller PE Ratio distribution charts can be found below:

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



Telenor ASA 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.

Telenor ASA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=125.70/10.18
=12.35

* 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.

Telenor ASA's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Telenor ASA'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)
=-5.53/131.9000*131.9000
=-5.530

Current CPI (Dec. 2023) = 131.9000.

Telenor ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 2.430 97.300 3.294
201406 1.540 97.500 2.083
201409 1.720 98.500 2.303
201412 0.330 98.600 0.441
201503 2.570 99.200 3.417
201506 2.300 100.100 3.031
201509 -1.180 100.600 -1.547
201512 -1.420 100.900 -1.856
201603 2.830 102.500 3.642
201606 0.740 103.800 0.940
201609 -3.210 104.200 -4.063
201612 1.530 104.400 1.933
201703 2.780 105.000 3.492
201706 -0.110 105.800 -0.137
201709 3.840 105.900 4.783
201712 1.490 106.100 1.852
201803 3.350 107.300 4.118
201806 1.790 108.500 2.176
201809 4.010 109.500 4.830
201812 0.850 109.800 1.021
201903 2.620 110.400 3.130
201906 1.970 110.600 2.349
201909 -0.470 111.100 -0.558
201912 1.250 111.300 1.481
202003 0.490 111.200 0.581
202006 3.140 112.100 3.695
202009 3.230 112.900 3.774
202012 5.480 112.900 6.402
202103 -2.780 114.600 -3.200
202106 1.560 115.300 1.785
202109 1.890 117.500 2.122
202112 0.420 118.900 0.466
202203 4.690 119.800 5.164
202206 -0.800 122.600 -0.861
202209 1.110 125.600 1.166
202212 27.080 125.900 28.371
202303 13.010 127.600 13.448
202306 0.590 130.400 0.597
202309 1.770 129.800 1.799
202312 -5.530 131.900 -5.530

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.


Telenor ASA  (OSTO:TELo) 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.


Telenor ASA Shiller PE Ratio Related Terms

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


Telenor ASA (OSTO:TELO) Business Description

Address
Snaroyveien 30, Fornebu, NOR, N-1360
Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.

Telenor ASA (OSTO:TELO) Headlines