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Investment AB Latour (FRA:18LB) Shiller PE Ratio : 38.06 (As of May. 25, 2024)


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What is Investment AB Latour Shiller PE Ratio?

As of today (2024-05-25), Investment AB Latour's current share price is €25.88. Investment AB Latour's E10 for the quarter that ended in Mar. 2024 was €0.68. Investment AB Latour's Shiller PE Ratio for today is 38.06.

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

FRA:18LB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.12   Med: 35.49   Max: 67.24
Current: 37.91

During the past years, Investment AB Latour's highest Shiller PE Ratio was 67.24. The lowest was 15.12. And the median was 35.49.

FRA:18LB's Shiller PE Ratio is ranked worse than
89.59% of 759 companies
in the Asset Management industry
Industry Median: 12.92 vs FRA:18LB: 37.91

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.

Investment AB Latour's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.274. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investment AB Latour Shiller PE Ratio Historical Data

The historical data trend for Investment AB Latour'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.

Investment AB Latour Shiller PE Ratio Chart

Investment AB Latour 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 35.87 40.23 67.15 29.94 34.95

Investment AB Latour 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 30.63 29.56 26.52 34.95 36.30

Competitive Comparison of Investment AB Latour's Shiller PE Ratio

For the Asset Management subindustry, Investment AB Latour'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.


Investment AB Latour's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Investment AB Latour's Shiller PE Ratio falls into.



Investment AB Latour 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.

Investment AB Latour's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.88/0.68
=38.06

* 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.

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

For example, Investment AB Latour'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)
=0.274/132.2054*132.2054
=0.274

Current CPI (Mar. 2024) = 132.2054.

Investment AB Latour Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.078 100.432 0.103
201409 0.084 100.161 0.111
201412 0.091 100.225 0.120
201503 0.141 99.950 0.187
201506 0.152 99.995 0.201
201509 0.106 100.228 0.140
201512 0.294 100.276 0.388
201603 0.269 100.751 0.353
201606 0.104 101.019 0.136
201609 0.130 101.138 0.170
201612 0.105 102.022 0.136
201703 0.091 102.022 0.118
201706 0.128 102.752 0.165
201709 0.120 103.279 0.154
201712 0.110 103.793 0.140
201803 0.091 103.962 0.116
201806 0.056 104.875 0.071
201809 0.111 105.679 0.139
201812 0.096 105.912 0.120
201903 0.252 105.886 0.315
201906 0.245 106.742 0.303
201909 0.101 107.214 0.125
201912 0.189 107.766 0.232
202003 0.001 106.563 0.001
202006 0.407 107.498 0.501
202009 0.193 107.635 0.237
202012 0.197 108.296 0.240
202103 0.186 108.360 0.227
202106 0.182 108.928 0.221
202109 0.162 110.338 0.194
202112 0.141 112.486 0.166
202203 0.167 114.825 0.192
202206 0.138 118.384 0.154
202209 0.098 122.296 0.106
202212 0.201 126.365 0.210
202303 0.282 127.042 0.293
202306 0.254 129.407 0.259
202309 0.074 130.224 0.075
202312 0.197 131.912 0.197
202403 0.274 132.205 0.274

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.


Investment AB Latour  (FRA:18LB) 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.


Investment AB Latour Shiller PE Ratio Related Terms

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Investment AB Latour (FRA:18LB) Business Description

Traded in Other Exchanges
Address
J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

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