GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Affiliated Managers Group Inc (FRA:AFS) » Definitions » Shiller PE Ratio

Affiliated Managers Group (FRA:AFS) Shiller PE Ratio : 13.85 (As of May. 06, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Affiliated Managers Group Shiller PE Ratio?

As of today (2024-05-06), Affiliated Managers Group's current share price is €150.00. Affiliated Managers Group's E10 for the quarter that ended in Dec. 2023 was €10.83. Affiliated Managers Group's Shiller PE Ratio for today is 13.85.

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

FRA:AFS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.74   Med: 23.7   Max: 70.45
Current: 13.5

During the past years, Affiliated Managers Group's highest Shiller PE Ratio was 70.45. The lowest was 7.74. And the median was 23.70.

FRA:AFS's Shiller PE Ratio is ranked worse than
55.03% of 765 companies
in the Asset Management industry
Industry Median: 12.8 vs FRA:AFS: 13.50

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.

Affiliated Managers Group's adjusted earnings per share data for the three months ended in Dec. 2023 was €4.723. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €10.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Affiliated Managers Group Shiller PE Ratio Historical Data

The historical data trend for Affiliated Managers Group'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.

Affiliated Managers Group Shiller PE Ratio Chart

Affiliated Managers Group 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 13.45 15.67 20.82 14.89 12.75

Affiliated Managers Group 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 14.89 12.93 13.26 11.07 12.75

Competitive Comparison of Affiliated Managers Group's Shiller PE Ratio

For the Asset Management subindustry, Affiliated Managers Group'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.


Affiliated Managers Group's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Affiliated Managers Group's Shiller PE Ratio falls into.



Affiliated Managers Group 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.

Affiliated Managers Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=150.00/10.83
=13.85

* 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.

Affiliated Managers Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Affiliated Managers Group'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)
=4.723/129.4194*129.4194
=4.723

Current CPI (Dec. 2023) = 129.4194.

Affiliated Managers Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.012 99.695 1.314
201406 1.288 100.560 1.658
201409 1.412 100.428 1.820
201412 2.449 99.070 3.199
201503 2.107 99.621 2.737
201506 2.058 100.684 2.645
201509 1.746 100.392 2.251
201512 2.497 99.792 3.238
201603 1.706 100.470 2.198
201606 1.762 101.688 2.243
201609 1.800 101.861 2.287
201612 2.531 101.863 3.216
201703 1.992 102.862 2.506
201706 1.976 103.349 2.474
201709 1.863 104.136 2.315
201712 4.647 104.011 5.782
201803 2.246 105.290 2.761
201806 1.849 106.317 2.251
201809 2.005 106.507 2.436
201812 -2.532 105.998 -3.091
201903 -3.425 107.251 -4.133
201906 1.867 108.070 2.236
201909 1.553 108.329 1.855
201912 0.414 108.420 0.494
202003 -0.299 108.902 -0.355
202006 0.577 108.767 0.687
202009 1.299 109.815 1.531
202012 2.055 109.897 2.420
202103 2.864 111.754 3.317
202106 2.117 114.631 2.390
202109 2.550 115.734 2.852
202112 3.690 117.630 4.060
202203 3.151 121.301 3.362
202206 2.535 125.017 2.624
202209 2.828 125.227 2.923
202212 16.426 125.222 16.977
202303 3.213 127.348 3.265
202306 3.000 128.729 3.016
202309 5.135 129.860 5.118
202312 4.723 129.419 4.723

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.


Affiliated Managers Group  (FRA:AFS) 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.


Affiliated Managers Group Shiller PE Ratio Related Terms

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


Affiliated Managers Group (FRA:AFS) Business Description

Traded in Other Exchanges
Address
777 South Flagler Drive, West Palm Beach, FL, USA, 33401
Affiliated Managers Group offers investment strategies to investors through its network of affiliates. The firm typically buys a majority interest in small to midsize boutique asset managers, receiving a fixed percentage of revenue from these firms in return. Affiliates operate independently, with AMG providing strategic, operational, and technology support, as well as global distribution. At the end of September 2023, AMG's affiliate network—which includes firms like AQR Capital Management, and Pantheon in alternative assets and other products (which accounted for 36% of AUM), Artemis, Genesis, Harding Loevner, and Tweedy Browne in global and emerging-market equities (27%) and Frontier, River Road, Parnassus, and Yacktman in U.S. equities (21%)—had $635.8 billion in managed assets.

Affiliated Managers Group (FRA:AFS) Headlines

No Headlines