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Moscow Exchange MICEX-RTS PJSC (MIC:MOEX) Shiller PE Ratio : 15.40 (As of May. 21, 2024)


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What is Moscow Exchange MICEX-RTS PJSC Shiller PE Ratio?

As of today (2024-05-21), Moscow Exchange MICEX-RTS PJSC's current share price is ₽236.51. Moscow Exchange MICEX-RTS PJSC's E10 for the quarter that ended in Sep. 2023 was ₽15.36. Moscow Exchange MICEX-RTS PJSC's Shiller PE Ratio for today is 15.40.

The historical rank and industry rank for Moscow Exchange MICEX-RTS PJSC's Shiller PE Ratio or its related term are showing as below:

MIC:MOEX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.55   Med: 12.57   Max: 17.29
Current: 15.41

During the past years, Moscow Exchange MICEX-RTS PJSC's highest Shiller PE Ratio was 17.29. The lowest was 5.55. And the median was 12.57.

MIC:MOEX's Shiller PE Ratio is ranked better than
60.42% of 475 companies
in the Capital Markets industry
Industry Median: 20.01 vs MIC:MOEX: 15.41

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.

Moscow Exchange MICEX-RTS PJSC's adjusted earnings per share data for the three months ended in Sep. 2023 was ₽6.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₽15.36 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moscow Exchange MICEX-RTS PJSC Shiller PE Ratio Historical Data

The historical data trend for Moscow Exchange MICEX-RTS PJSC'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.

Moscow Exchange MICEX-RTS PJSC Shiller PE Ratio Chart

Moscow Exchange MICEX-RTS PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 15.08 13.30 6.97

Moscow Exchange MICEX-RTS PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 5.84 6.97 7.86 8.36 11.66

Competitive Comparison of Moscow Exchange MICEX-RTS PJSC's Shiller PE Ratio

For the Financial Data & Stock Exchanges subindustry, Moscow Exchange MICEX-RTS PJSC'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.


Moscow Exchange MICEX-RTS PJSC's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Moscow Exchange MICEX-RTS PJSC's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Moscow Exchange MICEX-RTS PJSC's Shiller PE Ratio falls into.



Moscow Exchange MICEX-RTS PJSC 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.

Moscow Exchange MICEX-RTS PJSC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=236.51/15.36
=15.40

* 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.

Moscow Exchange MICEX-RTS PJSC's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Moscow Exchange MICEX-RTS PJSC's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=6.3/242.6000*242.6000
=6.300

Current CPI (Sep. 2023) = 242.6000.

Moscow Exchange MICEX-RTS PJSC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 1.280 124.900 2.486
201403 1.440 127.800 2.734
201406 1.580 130.900 2.928
201409 1.820 132.700 3.327
201412 2.360 139.000 4.119
201503 3.230 149.400 5.245
201506 2.680 150.900 4.309
201509 3.120 153.500 4.931
201512 3.400 157.000 5.254
201603 3.100 160.200 4.695
201606 2.840 162.200 4.248
201609 2.780 163.300 4.130
201612 2.440 165.400 3.579
201703 2.210 167.000 3.210
201706 2.350 169.200 3.369
201709 2.280 168.200 3.289
201712 2.140 169.600 3.061
201803 1.900 171.000 2.696
201806 2.160 173.100 3.027
201809 2.270 173.900 3.167
201812 2.400 176.800 3.293
201903 1.370 179.900 1.847
201906 2.620 181.200 3.508
201909 2.420 180.800 3.247
201912 2.550 182.200 3.395
202003 2.620 184.500 3.445
202006 3.020 187.000 3.918
202009 2.480 187.400 3.211
202012 3.030 191.100 3.847
202103 3.020 195.200 3.753
202106 3.070 199.100 3.741
202109 2.980 201.300 3.591
202112 3.320 207.200 3.887
202203 3.560 227.800 3.791
202206 3.650 230.800 3.837
202209 3.840 228.800 4.072
202212 4.910 231.900 5.137
202303 6.310 235.800 6.492
202306 5.340 238.300 5.436
202309 6.300 242.600 6.300

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.


Moscow Exchange MICEX-RTS PJSC  (MIC:MOEX) 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.


Moscow Exchange MICEX-RTS PJSC Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Moscow Exchange MICEX-RTS PJSC's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Moscow Exchange MICEX-RTS PJSC (MIC:MOEX) Business Description

Traded in Other Exchanges
N/A
Address
13 Bolshoy Kislovsky per, Moscow, RUS, 125009
Moscow Exchange MICEX-RTS PJSC is an integrated exchange structure that offers financial market participants a full set of competitive trading, clearing, settlement, depository, and information services. The company operates in the foreign currencies exchange market, government securities and money market, market of derivative financial instruments, equities market, corporate and regional bonds market, the commodities market.

Moscow Exchange MICEX-RTS PJSC (MIC:MOEX) Headlines

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