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Vale (BUE:VALE) Shiller PE Ratio : 9.75 (As of May. 05, 2024)


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What is Vale Shiller PE Ratio?

As of today (2024-05-05), Vale's current share price is ARS7071.00. Vale's E10 for the quarter that ended in Mar. 2024 was ARS724.90. Vale's Shiller PE Ratio for today is 9.75.

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

BUE:VALE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.11   Med: 11.95   Max: 50.75
Current: 9.59

During the past years, Vale's highest Shiller PE Ratio was 50.75. The lowest was 2.11. And the median was 11.95.

BUE:VALE's Shiller PE Ratio is ranked better than
76.55% of 371 companies
in the Metals & Mining industry
Industry Median: 23.04 vs BUE:VALE: 9.59

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.

Vale's adjusted earnings per share data for the three months ended in Mar. 2024 was ARS657.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS724.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vale Shiller PE Ratio Historical Data

The historical data trend for Vale'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.

Vale Shiller PE Ratio Chart

Vale 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 22.50 43.40 22.24 16.10 11.56

Vale Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.24 11.18 11.59 11.56 9.11

Competitive Comparison of Vale's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Vale'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.


Vale's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vale's Shiller PE Ratio distribution charts can be found below:

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



Vale 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.

Vale's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7071.00/724.9
=9.75

* 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.

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

For example, Vale'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)
=657.15/156.2729*156.2729
=657.150

Current CPI (Mar. 2024) = 156.2729.

Vale Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 4.550 91.838 7.742
201409 -4.715 92.602 -7.957
201412 -6.157 94.194 -10.215
201503 -10.760 97.799 -17.193
201506 5.997 100.006 9.371
201509 -7.710 101.392 -11.883
201512 -42.453 104.247 -63.640
201603 9.931 106.979 14.507
201606 5.871 108.851 8.429
201609 3.282 109.986 4.663
201612 3.170 110.802 4.471
201703 14.800 111.869 20.675
201706 0.000 112.115 0.000
201709 15.070 112.777 20.882
201712 5.728 114.068 7.847
201803 12.089 114.868 16.447
201806 0.499 117.038 0.666
201809 19.871 117.881 26.343
201812 55.049 118.340 72.694
201903 -25.018 120.124 -32.547
201906 -2.681 120.977 -3.463
201909 35.793 121.292 46.116
201912 -35.864 123.436 -45.405
202003 6.207 124.092 7.817
202006 26.015 123.557 32.903
202009 84.634 125.095 105.728
202012 22.786 129.012 27.601
202103 194.573 131.660 230.946
202106 282.295 133.871 329.535
202109 148.626 137.913 168.412
202112 224.198 141.992 246.746
202203 199.712 146.537 212.981
202206 317.671 149.784 331.434
202209 272.342 147.800 287.955
202212 278.299 150.207 289.538
202303 161.991 153.352 165.076
202306 96.000 154.519 97.090
202309 461.934 155.464 464.339
202312 404.320 156.273 404.320
202403 657.150 156.273 657.150

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.


Vale  (BUE:VALE) 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.


Vale Shiller PE Ratio Related Terms

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


Vale (BUE:VALE) Business Description

Address
Praia de Botafogo, 186, Salas 501 a 1901, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in its base metals business, which is expected to become effective early in 2024, and which is likely the first step in separating base metals and iron ore.