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Azul (BSP:AZUL4) Shiller PE Ratio : (As of Jun. 08, 2024)


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What is Azul Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Azul Shiller PE Ratio Historical Data

The historical data trend for Azul'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.

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Azul Shiller PE Ratio Chart

Azul Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Azul Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Azul's Shiller PE Ratio

For the Airlines subindustry, Azul'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.


Azul's Shiller PE Ratio Distribution in the Transportation Industry

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

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



Azul 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.

Azul's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Azul's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-3.02/159.3724*159.3724
=-3.020

Current CPI (Mar. 2024) = 159.3724.

Azul Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201212 0.000 83.581 0.000
201303 0.093 85.205 0.174
201309 0.285 86.749 0.524
201312 0.124 88.522 0.223
201409 -0.076 92.602 -0.131
201412 -0.006 94.194 -0.010
201512 0.000 104.247 0.000
201603 -0.203 106.979 -0.302
201606 -0.364 108.851 -0.533
201609 0.028 109.986 0.041
201612 0.155 110.802 0.223
201703 0.177 111.869 0.252
201706 -0.120 112.115 -0.171
201709 0.590 112.777 0.834
201712 0.890 114.068 1.243
201803 0.510 114.868 0.708
201806 -0.130 117.038 -0.177
201809 -0.141 117.881 -0.191
201812 0.400 118.340 0.539
201903 0.360 120.124 0.478
201906 1.030 120.977 1.357
201909 -1.541 121.292 -2.025
201912 2.530 123.436 3.267
202003 -17.980 124.092 -23.092
202006 -8.596 123.557 -11.088
202009 -3.588 125.095 -4.571
202012 -2.680 129.012 -3.311
202103 -7.675 131.660 -9.290
202106 2.650 133.871 3.155
202109 -6.488 137.913 -7.498
202112 -2.736 141.992 -3.071
202203 7.680 146.537 8.353
202206 -7.130 149.784 -7.586
202209 -5.790 147.800 -6.243
202212 0.550 150.207 0.584
202303 -2.120 153.352 -2.203
202306 0.070 154.519 0.072
202309 -3.090 155.464 -3.168
202312 1.160 157.148 1.176
202403 -3.020 159.372 -3.020

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.


Azul  (BSP:AZUL4) 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.


Azul Shiller PE Ratio Related Terms

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Azul (BSP:AZUL4) Business Description

Traded in Other Exchanges
Address
Marcos Penteado de Ulhoa Rodrigues, 939, Edificio Jatoba, 8th Floor, Castelo Branco Office Park, Tambore, Barueri, Sao Paulo, SP, BRA, 06460-040
Azul SA is involved in the operation of regular and non-regular airline passenger services, cargo or mail, passenger charter, provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition and lease, development of frequent-flyer programs, development of related activities and equity holding in other companies.

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