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Vestas Wind Systems A/S (OCSE:VWS) Shiller PE Ratio : 59.14 (As of May. 20, 2024)


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What is Vestas Wind Systems A/S Shiller PE Ratio?

As of today (2024-05-20), Vestas Wind Systems A/S's current share price is kr191.60. Vestas Wind Systems A/S's E10 for the quarter that ended in Mar. 2024 was kr3.24. Vestas Wind Systems A/S's Shiller PE Ratio for today is 59.14.

The historical rank and industry rank for Vestas Wind Systems A/S's Shiller PE Ratio or its related term are showing as below:

OCSE:VWS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.08   Med: 59.02   Max: 111.83
Current: 59.18

During the past years, Vestas Wind Systems A/S's highest Shiller PE Ratio was 111.83. The lowest was 14.08. And the median was 59.02.

OCSE:VWS's Shiller PE Ratio is ranked worse than
81.58% of 1754 companies
in the Industrial Products industry
Industry Median: 25.94 vs OCSE:VWS: 59.18

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.

Vestas Wind Systems A/S's adjusted earnings per share data for the three months ended in Mar. 2024 was kr-0.522. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr3.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vestas Wind Systems A/S Shiller PE Ratio Historical Data

The historical data trend for Vestas Wind Systems A/S'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.

Vestas Wind Systems A/S Shiller PE Ratio Chart

Vestas Wind Systems A/S 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 59.10 103.09 - 65.24 66.02

Vestas Wind Systems A/S 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 60.74 56.43 45.32 66.02 59.61

Competitive Comparison of Vestas Wind Systems A/S's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems A/S'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.


Vestas Wind Systems A/S's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems A/S's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems A/S's Shiller PE Ratio falls into.



Vestas Wind Systems A/S 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.

Vestas Wind Systems A/S's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=191.60/3.24
=59.14

* 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.

Vestas Wind Systems A/S's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Vestas Wind Systems A/S'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)
=-0.522/118.4000*118.4000
=-0.522

Current CPI (Mar. 2024) = 118.4000.

Vestas Wind Systems A/S Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.641 99.700 0.761
201409 0.685 99.700 0.813
201412 1.295 99.400 1.543
201503 0.373 100.200 0.441
201506 0.835 100.300 0.986
201509 1.372 100.200 1.621
201512 2.001 99.800 2.374
201603 0.239 100.200 0.282
201606 1.875 100.600 2.207
201609 2.086 100.200 2.465
201612 2.336 100.300 2.758
201703 1.116 101.200 1.306
201706 1.294 101.200 1.514
201709 1.772 101.800 2.061
201712 2.084 101.300 2.436
201803 0.745 101.700 0.867
201806 1.371 102.300 1.587
201809 1.313 102.400 1.518
201812 1.641 102.100 1.903
201903 0.194 102.900 0.223
201906 0.672 102.900 0.773
201909 2.284 102.900 2.628
201912 2.151 102.900 2.475
202003 -0.024 103.300 -0.028
202006 -0.075 103.200 -0.086
202009 2.157 103.500 2.468
202012 4.241 103.400 4.856
202103 -0.521 104.300 -0.591
202106 0.595 105.000 0.671
202109 0.818 105.800 0.915
202112 0.000 106.600 0.000
202203 -5.652 109.900 -6.089
202206 -0.893 113.600 -0.931
202209 -1.116 116.400 -1.135
202212 -3.943 115.900 -4.028
202303 0.074 117.300 0.075
202306 -0.893 116.400 -0.908
202309 0.224 117.400 0.226
202312 1.118 116.700 1.134
202403 -0.522 118.400 -0.522

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.


Vestas Wind Systems A/S  (OCSE:VWS) 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.


Vestas Wind Systems A/S Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Vestas Wind Systems A/S's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Vestas Wind Systems A/S (OCSE:VWS) Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

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