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Fidelity Asian Values (LSE:FAS) Shiller PE Ratio : 11.93 (As of May. 10, 2024)


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What is Fidelity Asian Values Shiller PE Ratio?

As of today (2024-05-10), Fidelity Asian Values's current share price is £5.37. Fidelity Asian Values's E10 for the fiscal year that ended in Jul23 was £0.45. Fidelity Asian Values's Shiller PE Ratio for today is 11.93.

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

LSE:FAS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.31   Med: 12.24   Max: 22
Current: 11.76

During the past 13 years, Fidelity Asian Values's highest Shiller PE Ratio was 22.00. The lowest was 7.31. And the median was 12.24.

LSE:FAS's Shiller PE Ratio is ranked better than
57.22% of 762 companies
in the Asset Management industry
Industry Median: 12.865 vs LSE:FAS: 11.76

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.

Fidelity Asian Values's adjusted earnings per share data of for the fiscal year that ended in Jul23 was £0.551. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.45 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidelity Asian Values Shiller PE Ratio Historical Data

The historical data trend for Fidelity Asian Values'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.

Fidelity Asian Values Shiller PE Ratio Chart

Fidelity Asian Values Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.00 14.63 14.60 10.88 11.58

Fidelity Asian Values Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 10.88 - 11.58 -

Competitive Comparison of Fidelity Asian Values's Shiller PE Ratio

For the Asset Management subindustry, Fidelity Asian Values'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.


Fidelity Asian Values's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Fidelity Asian Values's Shiller PE Ratio falls into.



Fidelity Asian Values 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.

Fidelity Asian Values's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.37/0.45
=11.93

* 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.

Fidelity Asian Values's E10 for the fiscal year that ended in Jul23 is calculated as:

For example, Fidelity Asian Values's adjusted earnings per share data for the fiscal year that ended in Jul23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jul23 (Change)*Current CPI (Jul23)
=0.551/129.0000*129.0000
=0.551

Current CPI (Jul23) = 129.0000.

Fidelity Asian Values Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 0.268 99.600 0.347
201507 0.103 100.000 0.133
201607 0.889 100.900 1.137
201707 0.675 103.500 0.841
201807 0.099 105.900 0.121
201907 0.340 108.000 0.406
202007 -0.743 109.200 -0.878
202107 1.413 111.400 1.636
202207 0.185 121.200 0.197
202307 0.551 129.000 0.551

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.


Fidelity Asian Values  (LSE:FAS) 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.


Fidelity Asian Values Shiller PE Ratio Related Terms

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Fidelity Asian Values (LSE:FAS) Business Description

Traded in Other Exchanges
Address
Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP
Fidelity Asian Values PLC is an investment trust to achieve long-term capital growth from stock markets in the Asian region excluding Japan. The company's investment policy is to invest in a diversified portfolio of securities and instruments of companies. The company invests in consumer discretionary, financials, information technology, consumer staples, industrials, health care, utilities, materials, telecommunication services and energy sectors.