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Ashmore Group (LSE:ASHM) Shiller PE Ratio : 8.66 (As of Oct. 31, 2024)


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What is Ashmore Group Shiller PE Ratio?

As of today (2024-10-31), Ashmore Group's current share price is £2.166. Ashmore Group's E10 for the fiscal year that ended in Jun24 was £0.25. Ashmore Group's Shiller PE Ratio for today is 8.66.

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

LSE:ASHM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.58   Med: 14.53   Max: 22.7
Current: 8.56

During the past 13 years, Ashmore Group's highest Shiller PE Ratio was 22.70. The lowest was 6.58. And the median was 14.53.

LSE:ASHM's Shiller PE Ratio is ranked better than
80.19% of 747 companies
in the Asset Management industry
Industry Median: 13.14 vs LSE:ASHM: 8.56

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.

Ashmore Group's adjusted earnings per share data of for the fiscal year that ended in Jun24 was £0.136. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.25 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashmore Group Shiller PE Ratio Historical Data

The historical data trend for Ashmore 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.

Ashmore Group Shiller PE Ratio Chart

Ashmore Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.65 14.86 8.52 8.19 6.81

Ashmore Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 8.52 - 8.19 - 6.81

Competitive Comparison of Ashmore Group's Shiller PE Ratio

For the Asset Management subindustry, Ashmore 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.


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

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

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



Ashmore 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.

Ashmore Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.166/0.25
=8.66

* 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.

Ashmore Group's E10 for the fiscal year that ended in Jun24 is calculated as:

For example, Ashmore Group's adjusted earnings per share data for the fiscal year that ended in Jun24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.136/133.0000*133.0000
=0.136

Current CPI (Jun24) = 133.0000.

Ashmore Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 0.193 100.100 0.256
201606 0.181 101.000 0.238
201706 0.237 103.500 0.305
201806 0.213 105.900 0.268
201906 0.250 107.900 0.308
202006 0.257 108.800 0.314
202106 0.342 111.400 0.408
202206 0.126 120.500 0.139
202306 0.122 129.400 0.125
202406 0.136 133.000 0.136

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.


Ashmore Group  (LSE:ASHM) 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.


Ashmore Group Shiller PE Ratio Related Terms

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Ashmore Group Business Description

Traded in Other Exchanges
Address
61 Aldwych, London, GBR, WC2B 4AE
Ashmore Group PLC is a value-oriented asset management firm that focuses its investments on emerging markets. It offers a diverse range of both traditional and alternative investment strategies to a global client base, including both institutional and retail investors. The company invests in sovereign debt instruments, currencies, corporate debt, equities, derivatives, private equity, real estate, distressed debt, and other special situations. The firm reports on changes in assets under management as the majority of its revenue is derived from management fees. The company also benefits from performance fees on its investments.

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