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AB (AllianceBernstein Holding LP) Shiller PE Ratio : 12.52 (As of Oct. 31, 2024)


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What is AllianceBernstein Holding LP Shiller PE Ratio?

As of today (2024-10-31), AllianceBernstein Holding LP's current share price is $37.05. AllianceBernstein Holding LP's E10 for the quarter that ended in Sep. 2024 was $2.96. AllianceBernstein Holding LP's Shiller PE Ratio for today is 12.52.

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

AB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.53   Med: 14.86   Max: 29.48
Current: 12.52

During the past years, AllianceBernstein Holding LP's highest Shiller PE Ratio was 29.48. The lowest was 8.53. And the median was 14.86.

AB's Shiller PE Ratio is ranked better than
52.21% of 747 companies
in the Asset Management industry
Industry Median: 13.14 vs AB: 12.52

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.

AllianceBernstein Holding LP's adjusted earnings per share data for the three months ended in Sep. 2024 was $1.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.96 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AllianceBernstein Holding LP Shiller PE Ratio Historical Data

The historical data trend for AllianceBernstein Holding LP'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.

AllianceBernstein Holding LP Shiller PE Ratio Chart

AllianceBernstein Holding LP 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 19.74 20.01 21.11 12.87 11.20

AllianceBernstein Holding LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.88 11.20 12.24 11.67 11.80

Competitive Comparison of AllianceBernstein Holding LP's Shiller PE Ratio

For the Asset Management subindustry, AllianceBernstein Holding LP'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.


AllianceBernstein Holding LP's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AllianceBernstein Holding LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where AllianceBernstein Holding LP's Shiller PE Ratio falls into.



AllianceBernstein Holding LP 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.

AllianceBernstein Holding LP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=37.05/2.96
=12.52

* 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.

AllianceBernstein Holding LP's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, AllianceBernstein Holding LP's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.12/133.0289*133.0289
=1.120

Current CPI (Sep. 2024) = 133.0289.

AllianceBernstein Holding LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.560 99.070 0.752
201503 0.450 99.621 0.601
201506 0.480 100.684 0.634
201509 0.420 100.392 0.557
201512 0.001 99.792 0.001
201603 0.550 100.470 0.728
201606 0.400 101.688 0.523
201609 0.520 101.861 0.679
201612 0.001 101.863 0.001
201703 0.460 102.862 0.595
201706 0.430 103.349 0.553
201709 0.460 104.136 0.588
201712 0.840 104.011 1.074
201803 0.600 105.290 0.758
201806 0.590 106.317 0.738
201809 0.680 106.507 0.849
201812 0.628 105.998 0.788
201903 0.490 107.251 0.608
201906 0.540 108.070 0.665
201909 0.620 108.329 0.761
201912 0.836 108.420 1.026
202003 0.630 108.902 0.770
202006 0.590 108.767 0.722
202009 0.700 109.815 0.848
202012 0.970 109.897 1.174
202103 0.810 111.754 0.964
202106 0.910 114.631 1.056
202109 0.890 115.734 1.023
202112 1.270 117.630 1.436
202203 0.870 121.301 0.954
202206 0.690 125.017 0.734
202209 0.560 125.227 0.595
202212 0.588 125.222 0.625
202303 0.590 127.348 0.616
202306 0.530 128.729 0.548
202309 0.500 129.860 0.512
202312 0.710 129.419 0.730
202403 0.670 131.776 0.676
202406 0.990 132.554 0.994
202409 1.120 133.029 1.120

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.


AllianceBernstein Holding LP  (NYSE:AB) 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.


AllianceBernstein Holding LP Shiller PE Ratio Related Terms

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


AllianceBernstein Holding LP Business Description

Traded in Other Exchanges
N/A
Address
501 Commerce Street, Nashville, TN, USA, 37203
AllianceBernstein provides investment management services to institutional (42% of assets under management), retail (41%), and private (17%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. At the end of July 2024, AB had $777 billion in managed assets, composed primarily of fixed-income (37% of AUM) and equity (43%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder.
Executives
Equitable Holdings, Inc. other: Filed by mult. reporting pers. 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Stonehill Charles G.t. director C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Thomas Simeone officer: Chief Accounting Officer ALLIANCEBERNSTEIN, 501 COMMERCE STREET, NASHVILLE TN 37203
Kate C Burke officer: Head of Human Capital and CTO /CO ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Joan M Lammtennant director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Karl Sprules officer: Head of Global Tech and Ops C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mark R Manley officer: SVP/Acting GC of Gen. Partner C/O ALLIANCE CAPITAL, 1345 AVENUE OF AMERICAS, NEW YORK NY 10105
Onur Erzan officer: Head, Gl. Cl. Grp. & Pr. Wlth. C/O ALLIANCE BERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Todd Walthall director C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Laurence E Cranch officer: General Counsel ALLIANCE CAPITAL MANAGEMENT L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ali Dibadj officer: CFO and Head of Strategy C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Bertram L Scott director C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
James A Gingrich officer: Chief Operating Officer C/O ALLIANCEBERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Seth P Bernstein director, officer: President and CEO C/O ALLIANCEBERNSTEIN HOLDING, L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Nella Domenici director C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105