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SalMar ASA (OSL:SALM) Shiller PE Ratio : 27.35 (As of May. 12, 2024)


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What is SalMar ASA Shiller PE Ratio?

As of today (2024-05-12), SalMar ASA's current share price is kr677.50. SalMar ASA's E10 for the quarter that ended in Dec. 2023 was kr24.77. SalMar ASA's Shiller PE Ratio for today is 27.35.

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

OSL:SALM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.24   Med: 28.43   Max: 38.08
Current: 27.35

During the past years, SalMar ASA's highest Shiller PE Ratio was 38.08. The lowest was 13.24. And the median was 28.43.

OSL:SALM's Shiller PE Ratio is ranked worse than
67.16% of 1078 companies
in the Consumer Packaged Goods industry
Industry Median: 18.98 vs OSL:SALM: 27.35

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.

SalMar ASA's adjusted earnings per share data for the three months ended in Dec. 2023 was kr10.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr24.77 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SalMar ASA Shiller PE Ratio Historical Data

The historical data trend for SalMar ASA'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.

SalMar ASA Shiller PE Ratio Chart

SalMar ASA 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 28.14 29.91 30.59 16.49 22.98

SalMar ASA 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 16.49 18.46 18.20 22.53 22.98

Competitive Comparison of SalMar ASA's Shiller PE Ratio

For the Farm Products subindustry, SalMar ASA'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.


SalMar ASA's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SalMar ASA's Shiller PE Ratio falls into.



SalMar ASA 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.

SalMar ASA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=677.50/24.77
=27.35

* 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.

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

For example, SalMar ASA'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)
=10.03/131.9000*131.9000
=10.030

Current CPI (Dec. 2023) = 131.9000.

SalMar ASA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.960 97.300 2.657
201406 2.040 97.500 2.760
201409 3.970 98.500 5.316
201412 2.680 98.600 3.585
201503 1.930 99.200 2.566
201506 1.580 100.100 2.082
201509 2.890 100.600 3.789
201512 3.430 100.900 4.484
201603 5.240 102.500 6.743
201606 3.640 103.800 4.625
201609 5.710 104.200 7.228
201612 8.840 104.400 11.169
201703 3.860 105.000 4.849
201706 4.970 105.800 6.196
201709 8.710 105.900 10.848
201712 2.650 106.100 3.294
201803 6.330 107.300 7.781
201806 6.780 108.500 8.242
201809 8.170 109.500 9.841
201812 10.330 109.800 12.409
201903 6.370 110.400 7.611
201906 7.950 110.600 9.481
201909 1.790 111.100 2.125
201912 5.920 111.300 7.016
202003 3.570 111.200 4.235
202006 10.440 112.100 12.284
202009 3.270 112.900 3.820
202012 0.210 112.900 0.245
202103 6.320 114.600 7.274
202106 6.970 115.300 7.973
202109 5.840 117.500 6.556
202112 3.450 118.900 3.827
202203 9.200 119.800 10.129
202206 15.600 122.600 16.783
202209 4.700 125.600 4.936
202212 -1.900 125.900 -1.991
202303 13.200 127.600 13.645
202306 -6.400 130.400 -6.474
202309 7.600 129.800 7.723
202312 10.030 131.900 10.030

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.


SalMar ASA  (OSL:SALM) 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.


SalMar ASA Shiller PE Ratio Related Terms

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


SalMar ASA (OSL:SALM) Business Description

Traded in Other Exchanges
Address
Industriveien 51, Kverva, NOR, N-7266
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.