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ABC arbitrage (CHIX:ABCAP) Shiller PE Ratio : 10.61 (As of May. 25, 2024)


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What is ABC arbitrage Shiller PE Ratio?

As of today (2024-05-25), ABC arbitrage's current share price is €5.94. ABC arbitrage's E10 for the fiscal year that ended in Dec23 was €0.56. ABC arbitrage's Shiller PE Ratio for today is 10.61.

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

CHIX:ABCAp' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8   Med: 12.76   Max: 18.81
Current: 9.19

During the past 13 years, ABC arbitrage's highest Shiller PE Ratio was 18.81. The lowest was 8.00. And the median was 12.76.

CHIX:ABCAp's Shiller PE Ratio is ranked better than
74.57% of 759 companies
in the Asset Management industry
Industry Median: 12.92 vs CHIX:ABCAp: 9.19

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.

ABC arbitrage's adjusted earnings per share data of for the fiscal year that ended in Dec23 was €0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.56 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABC arbitrage Shiller PE Ratio Historical Data

The historical data trend for ABC arbitrage'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.

ABC arbitrage Shiller PE Ratio Chart

ABC arbitrage 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 16.39 17.05 17.29 14.89 10.57

ABC arbitrage 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 17.29 - 14.89 - 10.57

Competitive Comparison of ABC arbitrage's Shiller PE Ratio

For the Asset Management subindustry, ABC arbitrage'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.


ABC arbitrage's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ABC arbitrage's Shiller PE Ratio distribution charts can be found below:

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



ABC arbitrage 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.

ABC arbitrage's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.94/0.56
=10.61

* 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.

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

For example, ABC arbitrage'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)
=0.28/118.3900*118.3900
=0.280

Current CPI (Dec23) = 118.3900.

ABC arbitrage Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.340 99.860 0.403
201512 0.430 100.040 0.509
201612 0.510 100.650 0.600
201712 0.310 101.850 0.360
201812 0.330 103.470 0.378
201912 0.310 104.980 0.350
202012 0.580 104.960 0.654
202112 0.460 107.850 0.505
202212 0.490 114.160 0.508
202312 0.280 118.390 0.280

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.


ABC arbitrage  (CHIX:ABCAp) 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.


ABC arbitrage Shiller PE Ratio Related Terms

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


ABC arbitrage (CHIX:ABCAP) Business Description

Traded in Other Exchanges
Address
18 rue du Quatre Septembre, Paris, FRA, 75002
ABC arbitrage SA is a France-based company engaged in the design of arbitration strategies in European and American financial markets. The group conducts two types of arbitrage strategies, including arbitrage without market risks, which exploits opportunities that are independent of directional or event risks, and arbitrage with market risks, where various risks involved are systematically identified and hedged using appropriate instruments. ABC Arbitrage also provides asset management services to institutional clients and advisory services for third party institutional clients or qualified investors. The company's funds are managed by ABC arbitrage Asset Management.

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