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Air Lease (FRA:AVLA) Shiller PE Ratio : 11.13 (As of May. 17, 2024)


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What is Air Lease Shiller PE Ratio?

As of today (2024-05-17), Air Lease's current share price is €45.40. Air Lease's E10 for the quarter that ended in Mar. 2024 was €4.08. Air Lease's Shiller PE Ratio for today is 11.13.

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

FRA:AVLA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.9   Med: 10.05   Max: 15.02
Current: 11.44

During the past years, Air Lease's highest Shiller PE Ratio was 15.02. The lowest was 7.90. And the median was 10.05.

FRA:AVLA's Shiller PE Ratio is ranked better than
77.46% of 528 companies
in the Business Services industry
Industry Median: 20.13 vs FRA:AVLA: 11.44

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.

Air Lease's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Air Lease Shiller PE Ratio Historical Data

The historical data trend for Air Lease'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.

Air Lease Shiller PE Ratio Chart

Air Lease 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 - 12.84 11.07 9.70 9.59

Air Lease 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 9.64 10.00 9.23 9.59 11.73

Competitive Comparison of Air Lease's Shiller PE Ratio

For the Rental & Leasing Services subindustry, Air Lease'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.


Air Lease's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Air Lease's Shiller PE Ratio distribution charts can be found below:

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



Air Lease 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.

Air Lease's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=45.40/4.08
=11.13

* 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.

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

For example, Air Lease'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)
=0.8/131.7762*131.7762
=0.800

Current CPI (Mar. 2024) = 131.7762.

Air Lease Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.427 100.560 0.560
201409 0.450 100.428 0.590
201412 0.527 99.070 0.701
201503 0.176 99.621 0.233
201506 0.624 100.684 0.817
201509 0.633 100.392 0.831
201512 0.679 99.792 0.897
201603 0.763 100.470 1.001
201606 0.748 101.688 0.969
201609 0.766 101.861 0.991
201612 0.844 101.863 1.092
201703 0.729 102.862 0.934
201706 0.819 103.349 1.044
201709 0.755 104.136 0.955
201712 3.566 104.011 4.518
201803 0.811 105.290 1.015
201806 0.890 106.317 1.103
201809 1.131 106.507 1.399
201812 1.090 105.998 1.355
201903 1.089 107.251 1.338
201906 0.974 108.070 1.188
201909 1.217 108.329 1.480
201912 1.278 108.420 1.553
202003 1.059 108.902 1.281
202006 1.119 108.767 1.356
202009 0.866 109.815 1.039
202012 0.773 109.897 0.927
202103 0.588 111.754 0.693
202106 0.623 114.631 0.716
202109 0.740 115.734 0.843
202112 1.097 117.630 1.229
202203 -3.823 121.301 -4.153
202206 0.899 125.017 0.948
202209 0.909 125.227 0.957
202212 1.142 125.222 1.202
202303 0.990 127.348 1.024
202306 1.015 128.729 1.039
202309 1.031 129.860 1.046
202312 1.733 129.419 1.765
202403 0.800 131.776 0.800

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.


Air Lease  (FRA:AVLA) 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.


Air Lease Shiller PE Ratio Related Terms

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Air Lease (FRA:AVLA) Business Description

Traded in Other Exchanges
Address
2000 Avenue of the Stars, Suite 1000N, Los Angeles, CA, USA, 90067
Air Lease Corp is an aircraft leasing company based in the United States. However, it derives its revenue from the Asia region. Its business involves purchasing aircraft from renowned manufacturers such as The Boeing Company (Boeing) and Airbus S.A.S and leasing them to airline companies across the world. Its suite of aircraft entails single-aisle narrow-bodied jets and twin-aisle wide-bodied aircraft. The company's primary source of revenue originates from the leasing of aircraft and to a certain extent from the provision of fleet management services to investors and owners of aircraft portfolios.

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