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SFL (SFL) Shiller PE Ratio : 12.49 (As of Apr. 28, 2024)


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What is SFL Shiller PE Ratio?

As of today (2024-04-28), SFL's current share price is $13.24. SFL's E10 for the quarter that ended in Dec. 2023 was $1.06. SFL's Shiller PE Ratio for today is 12.49.

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

SFL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.18   Med: 7.23   Max: 12.78
Current: 12.5

During the past years, SFL's highest Shiller PE Ratio was 12.78. The lowest was 4.18. And the median was 7.23.

SFL's Shiller PE Ratio is ranked better than
66.37% of 565 companies
in the Transportation industry
Industry Median: 17.19 vs SFL: 12.50

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.

SFL's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SFL Shiller PE Ratio Historical Data

The historical data trend for SFL'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.

SFL Shiller PE Ratio Chart

SFL 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 9.27 5.54 7.12 8.52 10.65

SFL 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 8.52 8.94 8.89 10.48 10.65

Competitive Comparison of SFL's Shiller PE Ratio

For the Marine Shipping subindustry, SFL'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.


SFL's Shiller PE Ratio Distribution in the Transportation Industry

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

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



SFL 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.

SFL's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.24/1.06
=12.49

* 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.

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

For example, SFL'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)
=0.25/129.4194*129.4194
=0.250

Current CPI (Dec. 2023) = 129.4194.

SFL Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.400 99.695 0.519
201406 0.240 100.560 0.309
201409 0.340 100.428 0.438
201412 0.270 99.070 0.353
201503 0.320 99.621 0.416
201506 0.730 100.684 0.938
201509 0.430 100.392 0.554
201512 0.580 99.792 0.752
201603 0.420 100.470 0.541
201606 0.420 101.688 0.535
201609 0.300 101.861 0.381
201612 0.310 101.863 0.394
201703 0.320 102.862 0.403
201706 0.220 103.349 0.275
201709 0.290 104.136 0.360
201712 0.200 104.011 0.249
201803 0.240 105.290 0.295
201806 0.150 106.317 0.183
201809 0.240 106.507 0.292
201812 0.030 105.998 0.037
201903 0.310 107.251 0.374
201906 0.260 108.070 0.311
201909 0.040 108.329 0.048
201912 0.220 108.420 0.263
202003 -0.810 108.902 -0.963
202006 0.110 108.767 0.131
202009 0.150 109.815 0.177
202012 -1.490 109.897 -1.755
202103 0.270 111.754 0.313
202106 0.160 114.631 0.181
202109 0.260 115.734 0.291
202112 0.630 117.630 0.693
202203 0.380 121.301 0.405
202206 0.450 125.017 0.466
202209 0.370 125.227 0.382
202212 0.380 125.222 0.393
202303 0.050 127.348 0.051
202306 0.130 128.729 0.131
202309 0.230 129.860 0.229
202312 0.250 129.419 0.250

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.


SFL  (NYSE:SFL) 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.


SFL Shiller PE Ratio Related Terms

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


SFL (SFL) Business Description

Traded in Other Exchanges
Address
14 Par-la-Ville Road, Par-la-Ville Place, P.O. Box HM 1593, Hamilton, BMU, HM 08
SFL Corp Ltd is an international ship owning and chartering company. The company is engaged primarily in the ownership and operation of vessels and offshore related assets and is also involved in the charter, purchase, and sale of assets. Its oil tankers, chemical tankers, and oil product tankers are all double-hull vessels.

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