GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Nigerian Breweries PLC (NSA:NB) » Definitions » Shiller PE Ratio

Nigerian Breweries (NSA:NB) Shiller PE Ratio : 39.55 (As of May. 30, 2024)


View and export this data going back to . Start your Free Trial

What is Nigerian Breweries Shiller PE Ratio?

As of today (2024-05-30), Nigerian Breweries's current share price is ₦26.50. Nigerian Breweries's E10 for the quarter that ended in Mar. 2024 was ₦0.67. Nigerian Breweries's Shiller PE Ratio for today is 39.55.

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

NSA:NB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.05   Med: 11.53   Max: 43.13
Current: 35.5

During the past years, Nigerian Breweries's highest Shiller PE Ratio was 43.13. The lowest was 8.05. And the median was 11.53.

NSA:NB's Shiller PE Ratio is ranked worse than
69.92% of 133 companies
in the Beverages - Alcoholic industry
Industry Median: 23.83 vs NSA:NB: 35.50

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.

Nigerian Breweries's adjusted earnings per share data for the three months ended in Mar. 2024 was ₦-6.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₦0.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nigerian Breweries Shiller PE Ratio Historical Data

The historical data trend for Nigerian Breweries'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.

Nigerian Breweries Shiller PE Ratio Chart

Nigerian Breweries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 9.59 11.54 12.86 25.51

Nigerian Breweries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.40 18.18 18.26 25.51 43.87

Competitive Comparison of Nigerian Breweries's Shiller PE Ratio

For the Beverages - Brewers subindustry, Nigerian Breweries'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.


Nigerian Breweries's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Nigerian Breweries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nigerian Breweries's Shiller PE Ratio falls into.



Nigerian Breweries 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.

Nigerian Breweries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=26.50/0.67
=39.55

* 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.

Nigerian Breweries's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Nigerian Breweries's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-6.27/131.7762*131.7762
=-6.270

Current CPI (Mar. 2024) = 131.7762.

Nigerian Breweries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.464 100.560 1.918
201409 0.632 100.428 0.829
201412 1.344 99.070 1.788
201503 1.016 99.621 1.344
201506 1.144 100.684 1.497
201509 0.472 100.392 0.620
201512 1.216 99.792 1.606
201603 1.056 100.470 1.385
201606 0.872 101.688 1.130
201609 0.104 101.861 0.135
201612 0.832 101.863 1.076
201703 1.152 102.862 1.476
201706 1.232 103.349 1.571
201709 0.024 104.136 0.030
201712 0.904 104.011 1.145
201803 1.024 105.290 1.282
201806 0.824 106.317 1.021
201809 -0.368 106.507 -0.455
201812 0.464 105.998 0.577
201903 0.800 107.251 0.983
201906 0.528 108.070 0.644
201909 -0.104 108.329 -0.127
201912 0.384 108.420 0.467
202003 0.552 108.902 0.668
202006 0.008 108.767 0.010
202009 0.136 109.815 0.163
202012 0.040 109.897 0.048
202103 0.768 111.754 0.906
202106 0.008 114.631 0.009
202109 0.048 115.734 0.055
202112 0.440 117.630 0.493
202203 1.690 121.301 1.836
202206 0.640 125.017 0.675
202209 -0.490 125.227 -0.516
202212 -0.240 125.222 -0.253
202303 -1.290 127.348 -1.335
202306 -4.440 128.729 -4.545
202309 -1.160 129.860 -1.177
202312 -5.910 129.419 -6.018
202403 -6.270 131.776 -6.270

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.


Nigerian Breweries  (NSA:NB) 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.


Nigerian Breweries Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Nigerian Breweries's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Nigerian Breweries (NSA:NB) Business Description

Traded in Other Exchanges
N/A
Address
Abebe Village Road, Iganmu House, Iganmu, Lagos, NGA, 101241
Nigerian Breweries PLC is a Brewing firm. The principal activities of the company remained brewing, marketing, and selling lager, stout, non-alcoholic malt drinks, and soft drinks. Geographically, it derives a majority of revenue from Nigeria and also has a presence in the United Kingdom, the Netherlands, the United States of America, Canada, some parts of Africa and parts of the Middle East and Asia. The company's brands include Star, Gulder, Maltina, Legend Extra Stout, Amstel Malta, Heineken, Maltina Sip-it, Fayrouz, Goldberg, Malta Gold, and others.