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Rockwool AS (OCSE:ROCK A) Shiller PE Ratio : 28.94 (As of May. 12, 2024)


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What is Rockwool AS Shiller PE Ratio?

As of today (2024-05-12), Rockwool AS's current share price is kr2565.00. Rockwool AS's E10 for the quarter that ended in Dec. 2023 was kr88.62. Rockwool AS's Shiller PE Ratio for today is 28.94.

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

OCSE:ROCK A' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.03   Med: 29.5   Max: 46.55
Current: 28.94

During the past years, Rockwool AS's highest Shiller PE Ratio was 46.55. The lowest was 12.03. And the median was 29.50.

OCSE:ROCK A's Shiller PE Ratio is ranked worse than
74.9% of 984 companies
in the Construction industry
Industry Median: 15.805 vs OCSE:ROCK A: 28.94

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.

Rockwool AS's adjusted earnings per share data for the three months ended in Dec. 2023 was kr34.286. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr88.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rockwool AS Shiller PE Ratio Historical Data

The historical data trend for Rockwool AS'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.

Rockwool AS Shiller PE Ratio Chart

Rockwool AS 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 27.33 34.77 35.31 20.49 22.23

Rockwool AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 20.49 20.27 20.85 19.66 22.23

Competitive Comparison of Rockwool AS's Shiller PE Ratio

For the Building Products & Equipment subindustry, Rockwool AS'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.


Rockwool AS's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rockwool AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Rockwool AS's Shiller PE Ratio falls into.



Rockwool AS 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.

Rockwool AS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2565.00/88.62
=28.94

* 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.

Rockwool AS's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Rockwool AS's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=34.286/116.7000*116.7000
=34.286

Current CPI (Dec. 2023) = 116.7000.

Rockwool AS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 6.719 99.600 7.873
201406 11.181 99.700 13.087
201409 11.909 99.700 13.940
201412 8.037 99.400 9.436
201503 5.970 100.200 6.953
201506 11.189 100.300 13.019
201509 6.712 100.200 7.817
201512 7.465 99.800 8.729
201603 9.697 100.200 11.294
201606 15.623 100.600 18.123
201609 17.138 100.200 19.960
201612 15.176 100.300 17.657
201703 11.158 101.200 12.867
201706 15.621 101.200 18.014
201709 18.610 101.800 21.334
201712 27.238 101.300 31.379
201803 18.620 101.700 21.366
201806 23.100 102.300 26.352
201809 25.366 102.400 28.908
201812 23.053 102.100 26.350
201903 19.407 102.900 22.010
201906 26.897 102.900 30.504
201909 26.129 102.900 29.633
201912 24.501 102.900 27.787
202003 20.929 103.300 23.644
202006 13.422 103.200 15.178
202009 26.033 103.500 29.353
202012 25.369 103.400 28.632
202103 23.059 104.300 25.800
202106 29.004 105.000 32.236
202109 27.513 105.800 30.348
202112 24.539 106.600 26.864
202203 21.566 109.900 22.900
202206 21.583 113.600 22.172
202209 15.629 116.400 15.669
202212 34.966 115.900 35.207
202303 26.796 117.300 26.659
202306 34.992 116.400 35.082
202309 38.033 117.400 37.806
202312 34.286 116.700 34.286

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.


Rockwool AS  (OCSE:ROCK A) 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.


Rockwool AS Shiller PE Ratio Related Terms

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


Rockwool AS (OCSE:ROCK A) Business Description

Traded in Other Exchanges
Address
Hovedgaden 584, Hedehusene, DNK, 2640
Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

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