GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Transmissora Alianca de Energia Eletrica SA (BSP:TAEE3) » Definitions » Shiller PE Ratio

Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Shiller PE Ratio : 7.23 (As of May. 08, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Transmissora Alianca de Energia Eletrica Shiller PE Ratio?

As of today (2024-05-08), Transmissora Alianca de Energia Eletrica's current share price is R$11.79. Transmissora Alianca de Energia Eletrica's E10 for the quarter that ended in Dec. 2023 was R$1.63. Transmissora Alianca de Energia Eletrica's Shiller PE Ratio for today is 7.23.

The historical rank and industry rank for Transmissora Alianca de Energia Eletrica's Shiller PE Ratio or its related term are showing as below:

BSP:TAEE3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.82   Med: 8.55   Max: 12.71
Current: 7.47

During the past years, Transmissora Alianca de Energia Eletrica's highest Shiller PE Ratio was 12.71. The lowest was 6.82. And the median was 8.55.

BSP:TAEE3's Shiller PE Ratio is ranked better than
82.26% of 389 companies
in the Utilities - Regulated industry
Industry Median: 15.97 vs BSP:TAEE3: 7.47

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.

Transmissora Alianca de Energia Eletrica's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.466. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transmissora Alianca de Energia Eletrica Shiller PE Ratio Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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.

Transmissora Alianca de Energia Eletrica Shiller PE Ratio Chart

Transmissora Alianca de Energia Eletrica 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 9.58 8.93 8.23 7.33 7.86

Transmissora Alianca de Energia Eletrica 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 7.33 7.13 7.66 7.20 7.86

Competitive Comparison of Transmissora Alianca de Energia Eletrica's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica'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.


Transmissora Alianca de Energia Eletrica's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Transmissora Alianca de Energia Eletrica's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Transmissora Alianca de Energia Eletrica's Shiller PE Ratio falls into.



Transmissora Alianca de Energia Eletrica 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.

Transmissora Alianca de Energia Eletrica's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.79/1.63
=7.23

* 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.

Transmissora Alianca de Energia Eletrica's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Transmissora Alianca de Energia Eletrica'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)
=0.466/156.2729*156.2729
=0.466

Current CPI (Dec. 2023) = 156.2729.

Transmissora Alianca de Energia Eletrica Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.108 90.447 0.187
201406 0.077 91.838 0.131
201409 0.481 92.602 0.812
201412 0.209 94.194 0.347
201503 0.195 97.799 0.312
201506 0.233 100.006 0.364
201509 0.154 101.392 0.237
201512 0.298 104.247 0.447
201603 0.245 106.979 0.358
201606 0.200 108.851 0.287
201609 0.094 109.986 0.134
201612 0.740 110.802 1.044
201703 0.195 111.869 0.272
201706 0.070 112.115 0.098
201709 0.094 112.777 0.130
201712 0.269 114.068 0.369
201803 0.224 114.868 0.305
201806 0.267 117.038 0.357
201809 0.285 117.881 0.378
201812 0.260 118.340 0.343
201903 0.154 120.124 0.200
201906 0.297 120.977 0.384
201909 0.346 121.292 0.446
201912 0.273 123.436 0.346
202003 0.379 124.092 0.477
202006 0.449 123.557 0.568
202009 0.636 125.095 0.795
202012 0.726 129.012 0.879
202103 0.538 131.660 0.639
202106 0.675 133.871 0.788
202109 0.519 137.913 0.588
202112 0.409 141.992 0.450
202203 0.542 146.537 0.578
202206 0.546 149.784 0.570
202209 0.293 147.800 0.310
202212 0.022 150.207 0.023
202303 0.374 153.352 0.381
202306 0.213 154.519 0.215
202309 0.270 155.464 0.271
202312 0.466 156.273 0.466

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.


Transmissora Alianca de Energia Eletrica  (BSP:TAEE3) 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.


Transmissora Alianca de Energia Eletrica Shiller PE Ratio Related Terms

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


Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Business Description

Traded in Other Exchanges
Address
Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010
Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Headlines

No Headlines