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Premier Investments (ASX:PMV) Shiller PE Ratio : 26.81 (As of May. 09, 2024)


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What is Premier Investments Shiller PE Ratio?

As of today (2024-05-09), Premier Investments's current share price is A$28.95. Premier Investments's E10 for the fiscal year that ended in Jul23 was A$1.08. Premier Investments's Shiller PE Ratio for today is 26.81.

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

ASX:PMV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.02   Med: 21.14   Max: 42.92
Current: 26.75

During the past 13 years, Premier Investments's highest Shiller PE Ratio was 42.92. The lowest was 6.02. And the median was 21.14.

ASX:PMV's Shiller PE Ratio is ranked worse than
68.51% of 562 companies
in the Retail - Cyclical industry
Industry Median: 17.03 vs ASX:PMV: 26.75

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.

Premier Investments's adjusted earnings per share data of for the fiscal year that ended in Jul23 was A$1.686. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$1.08 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Premier Investments Shiller PE Ratio Historical Data

The historical data trend for Premier Investments'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.

Premier Investments Shiller PE Ratio Chart

Premier Investments Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.84 25.32 32.68 20.95 20.44

Premier Investments Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 20.95 - 20.44 -

Competitive Comparison of Premier Investments's Shiller PE Ratio

For the Apparel Retail subindustry, Premier Investments'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.


Premier Investments's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Premier Investments's Shiller PE Ratio distribution charts can be found below:

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



Premier Investments 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.

Premier Investments's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=28.95/1.08
=26.81

* 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.

Premier Investments's E10 for the fiscal year that ended in Jul23 is calculated as:

For example, Premier Investments's adjusted earnings per share data for the fiscal year that ended in Jul23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jul23 (Change)*Current CPI (Jul23)
=1.686/125.6559*125.6559
=1.686

Current CPI (Jul23) = 125.6559.

Premier Investments Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 0.464 98.816 0.590
201507 0.559 100.302 0.700
201607 0.658 101.602 0.814
201707 0.663 103.460 0.805
201807 0.526 105.410 0.627
201907 0.672 107.174 0.788
202007 0.866 107.917 1.008
202107 1.704 111.168 1.926
202207 1.782 119.248 1.878
202307 1.686 125.656 1.686

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.


Premier Investments  (ASX:PMV) 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.


Premier Investments Shiller PE Ratio Related Terms

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Premier Investments (ASX:PMV) Business Description

Traded in Other Exchanges
N/A
Address
417 St Kilda Road, Level 7, Melbourne, VIC, AUS, 3004
Premier Investments is an Australian company that operates six speciality retail fashion chains in the speciality retail fashion markets in Australia and New Zealand. It also operates the unique Smiggle brand, retailing children's stationery in Australia and overseas markets. Premier Investments has a separate business division that focuses on investment in listed securities and money market deposits.

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