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AMP (ASX:AMP) Shiller PE Ratio : 35.50 (As of May. 22, 2024)


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What is AMP Shiller PE Ratio?

As of today (2024-05-22), AMP's current share price is A$1.065. AMP's E10 for the fiscal year that ended in Dec23 was A$0.03. AMP's Shiller PE Ratio for today is 35.50.

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

ASX:AMP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.19   Med: 15.17   Max: 39.5
Current: 39.39

During the past 13 years, AMP's highest Shiller PE Ratio was 39.50. The lowest was 6.19. And the median was 15.17.

ASX:AMP's Shiller PE Ratio is ranked worse than
88.64% of 44 companies
in the Diversified Financial Services industry
Industry Median: 14.375 vs ASX:AMP: 39.39

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.

AMP's adjusted earnings per share data of for the fiscal year that ended in Dec23 was A$0.091. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMP Shiller PE Ratio Historical Data

The historical data trend for AMP'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.

AMP Shiller PE Ratio Chart

AMP 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 14.05 16.03 16.48 28.32 33.61

AMP Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 16.48 - 28.32 - 33.61

Competitive Comparison of AMP's Shiller PE Ratio

For the Financial Conglomerates subindustry, AMP'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.


AMP's Shiller PE Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AMP's Shiller PE Ratio distribution charts can be found below:

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



AMP 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.

AMP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.065/0.03
=35.50

* 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.

AMP's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, AMP's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.091/126.3989*126.3989
=0.091

Current CPI (Dec23) = 126.3989.

AMP Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.300 99.002 0.383
201512 0.331 100.673 0.416
201612 -0.117 102.159 -0.145
201712 0.291 104.110 0.353
201812 0.010 105.967 0.012
201912 -0.795 107.917 -0.931
202012 0.051 108.846 0.059
202112 -0.076 112.654 -0.085
202212 0.119 121.477 0.124
202312 0.091 126.399 0.091

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.


AMP  (ASX:AMP) 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.


AMP Shiller PE Ratio Related Terms

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AMP (ASX:AMP) Business Description

Traded in Other Exchanges
Address
50 Bridge Street, AMP Building, Sydney, NSW, AUS, 2000
At its roots, AMP is a wealth manager, providing financial advice via Australia's second-largest network of aligned financial advisors. It has a vertically integrated business model: AMP advisors can invest client funds into superfunds and non-super investments manufactured by AMP through the firm's own platforms, though advisors are free to recommend non-AMP products and third party platforms to their clients. The firm also has a small wealth presence in New Zealand with about 72 advisors. In addition, AMP also has a retail banking business focused on deposit taking and residential mortgages.