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Tele2 AB (FRA:NCY) Shiller PE Ratio : 20.36 (As of May. 21, 2024)


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What is Tele2 AB Shiller PE Ratio?

As of today (2024-05-21), Tele2 AB's current share price is €4.48. Tele2 AB's E10 for the quarter that ended in Mar. 2024 was €0.22. Tele2 AB's Shiller PE Ratio for today is 20.36.

The historical rank and industry rank for Tele2 AB's Shiller PE Ratio or its related term are showing as below:

FRA:NCY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.18   Med: 11.88   Max: 19.13
Current: 18.41

During the past years, Tele2 AB's highest Shiller PE Ratio was 19.13. The lowest was 6.18. And the median was 11.88.

FRA:NCY's Shiller PE Ratio is ranked worse than
59.91% of 222 companies
in the Telecommunication Services industry
Industry Median: 15.16 vs FRA:NCY: 18.41

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.

Tele2 AB's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.053. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tele2 AB Shiller PE Ratio Historical Data

The historical data trend for Tele2 AB'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.

Tele2 AB Shiller PE Ratio Chart

Tele2 AB 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 15.86 13.57 16.57 9.76 15.68

Tele2 AB 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 11.99 17.39 15.61 15.68 15.94

Competitive Comparison of Tele2 AB's Shiller PE Ratio

For the Telecom Services subindustry, Tele2 AB'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.


Tele2 AB's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tele2 AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tele2 AB's Shiller PE Ratio falls into.



Tele2 AB 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.

Tele2 AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.48/0.22
=20.36

* 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.

Tele2 AB's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Tele2 AB'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)
=0.053/132.2054*132.2054
=0.053

Current CPI (Mar. 2024) = 132.2054.

Tele2 AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.083 100.432 0.109
201409 0.073 100.161 0.096
201412 0.047 100.225 0.062
201503 0.259 99.950 0.343
201506 0.036 99.995 0.048
201509 0.045 100.228 0.059
201512 -0.004 100.276 -0.005
201603 0.043 100.751 0.056
201606 0.004 101.019 0.005
201609 -0.264 101.138 -0.345
201612 -0.009 102.022 -0.012
201703 0.043 102.022 0.056
201706 0.027 102.752 0.035
201709 0.058 103.279 0.074
201712 -0.105 103.793 -0.134
201803 0.033 103.962 0.042
201806 0.039 104.875 0.049
201809 0.047 105.679 0.059
201812 -0.043 105.912 -0.054
201903 0.067 105.886 0.084
201906 0.140 106.742 0.173
201909 0.070 107.214 0.086
201912 0.065 107.766 0.080
202003 0.079 106.563 0.098
202006 0.062 107.498 0.076
202009 0.084 107.635 0.103
202012 0.292 108.296 0.356
202103 0.061 108.360 0.074
202106 0.097 108.928 0.118
202109 0.080 110.338 0.096
202112 0.067 112.486 0.079
202203 0.169 114.825 0.195
202206 0.058 118.384 0.065
202209 0.066 122.296 0.071
202212 0.082 126.365 0.086
202303 0.054 127.042 0.056
202306 0.055 129.407 0.056
202309 0.065 130.224 0.066
202312 0.060 131.912 0.060
202403 0.053 132.205 0.053

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.


Tele2 AB  (FRA:NCY) 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.


Tele2 AB Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Tele2 AB's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tele2 AB (FRA:NCY) Business Description

Address
Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 16494
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.

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