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Henderson European Focus Trust (LSE:HEFT) Shiller PE Ratio : 12.50 (As of May. 10, 2024)


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What is Henderson European Focus Trust Shiller PE Ratio?

As of today (2024-05-10), Henderson European Focus Trust's current share price is £1.875. Henderson European Focus Trust's E10 for the fiscal year that ended in Sep23 was £0.15. Henderson European Focus Trust's Shiller PE Ratio for today is 12.50.

The historical rank and industry rank for Henderson European Focus Trust's Shiller PE Ratio or its related term are showing as below:

LSE:HEFT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.6   Med: 12.8   Max: 17.6
Current: 12.47

During the past 13 years, Henderson European Focus Trust's highest Shiller PE Ratio was 17.60. The lowest was 8.60. And the median was 12.80.

LSE:HEFT's Shiller PE Ratio is ranked better than
53.48% of 761 companies
in the Asset Management industry
Industry Median: 12.91 vs LSE:HEFT: 12.47

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.

Henderson European Focus Trust's adjusted earnings per share data of for the fiscal year that ended in Sep23 was £0.354. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.15 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Henderson European Focus Trust Shiller PE Ratio Historical Data

The historical data trend for Henderson European Focus Trust'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.

Henderson European Focus Trust Shiller PE Ratio Chart

Henderson European Focus Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.44 11.49 10.51 9.94 10.81

Henderson European Focus Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 10.51 - 9.94 - 10.81

Competitive Comparison of Henderson European Focus Trust's Shiller PE Ratio

For the Asset Management subindustry, Henderson European Focus Trust'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.


Henderson European Focus Trust's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Henderson European Focus Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Henderson European Focus Trust's Shiller PE Ratio falls into.



Henderson European Focus Trust 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.

Henderson European Focus Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.875/0.15
=12.50

* 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.

Henderson European Focus Trust's E10 for the fiscal year that ended in Sep23 is calculated as:

For example, Henderson European Focus Trust's adjusted earnings per share data for the fiscal year that ended in Sep23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.354/130.1000*130.1000
=0.354

Current CPI (Sep23) = 130.1000.

Henderson European Focus Trust Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.121 100.000 0.157
201509 0.040 100.200 0.052
201609 0.196 101.500 0.251
201709 0.243 104.300 0.303
201809 0.027 106.600 0.033
201909 0.055 108.400 0.066
202009 0.081 109.200 0.097
202109 0.324 112.400 0.375
202209 -0.222 122.300 -0.236
202309 0.354 130.100 0.354

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.


Henderson European Focus Trust  (LSE:HEFT) 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.


Henderson European Focus Trust Shiller PE Ratio Related Terms

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Henderson European Focus Trust (LSE:HEFT) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Henderson European Focus Trust PLC is a United Kingdom-based investment company. The core business of the company involves capital appreciation from a focused portfolio of continental European stocks. It invests in the equity of medium and smaller capitalized companies engaged in the energy, healthcare, financials, consumer discretionary, industrials, basic materials, Consumer Staples, UK government bonds and technology sectors. Henderson's investments cater to parts of Europe such as Switzerland, Germany, Sweden, France, Netherlands, Finland, and Belgium among others.

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