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Watkin Jones (LSE:WJG) Shiller PE Ratio : 4.56 (As of May. 11, 2024)


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What is Watkin Jones Shiller PE Ratio?

As of today (2024-05-11), Watkin Jones's current share price is £0.502. Watkin Jones's E10 for the fiscal year that ended in Sep23 was £0.11. Watkin Jones's Shiller PE Ratio for today is 4.56.

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

LSE:WJG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.13   Med: 5.47   Max: 12.6
Current: 3.96

During the past 11 years, Watkin Jones's highest Shiller PE Ratio was 12.60. The lowest was 3.13. And the median was 5.47.

LSE:WJG's Shiller PE Ratio is ranked better than
90% of 70 companies
in the Homebuilding & Construction industry
Industry Median: 12.11 vs LSE:WJG: 3.96

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.

Watkin Jones's adjusted earnings per share data of for the fiscal year that ended in Sep23 was £-0.127. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.11 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Watkin Jones Shiller PE Ratio Historical Data

The historical data trend for Watkin Jones'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.

Watkin Jones Shiller PE Ratio Chart

Watkin Jones 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 - - - 12.38 3.51

Watkin Jones Semi-Annual Data
Sep13 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 - - 12.38 - 3.51

Competitive Comparison of Watkin Jones's Shiller PE Ratio

For the Residential Construction subindustry, Watkin Jones'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.


Watkin Jones's Shiller PE Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Watkin Jones's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Watkin Jones's Shiller PE Ratio falls into.



Watkin Jones 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.

Watkin Jones's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.502/0.11
=4.56

* 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.

Watkin Jones's E10 for the fiscal year that ended in Sep23 is calculated as:

For example, Watkin Jones'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)
=-0.127/130.1000*130.1000
=-0.127

Current CPI (Sep23) = 130.1000.

Watkin Jones Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.038 100.000 0.049
201509 0.222 100.200 0.288
201609 0.016 101.500 0.021
201709 0.140 104.300 0.175
201809 0.173 106.600 0.211
201909 0.152 108.400 0.182
202009 0.082 109.200 0.098
202109 0.163 112.400 0.189
202209 0.052 122.300 0.055
202309 -0.127 130.100 -0.127

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.


Watkin Jones  (LSE:WJG) 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.


Watkin Jones Shiller PE Ratio Related Terms

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Watkin Jones (LSE:WJG) Business Description

Traded in Other Exchanges
Address
7-9 Swallow Street, London, GBR, W1B 4DE
Watkin Jones PLC is a developer and constructor of multi-occupancy property assets, with a focus on the student accommodation sector. Its service includes site identification and procurement, planning consent, construction delivery, and asset management. The company's operating segments include Student accommodation, Build to Rent, Affordable Homes, and Accommodation management. The majority of its revenue is derived from the Student accommodation and build-to-rent segments.

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