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Hochtief AG (STU:HOT) Shiller PE Ratio : 19.10 (As of May. 11, 2024)


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What is Hochtief AG Shiller PE Ratio?

As of today (2024-05-11), Hochtief AG's current share price is €102.20. Hochtief AG's E10 for the quarter that ended in Dec. 2023 was €5.35. Hochtief AG's Shiller PE Ratio for today is 19.10.

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

STU:HOT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.1   Med: 21.55   Max: 54.56
Current: 18.54

During the past years, Hochtief AG's highest Shiller PE Ratio was 54.56. The lowest was 10.10. And the median was 21.55.

STU:HOT's Shiller PE Ratio is ranked worse than
58.23% of 984 companies
in the Construction industry
Industry Median: 15.805 vs STU:HOT: 18.54

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.

Hochtief AG's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.890. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €5.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hochtief AG Shiller PE Ratio Historical Data

The historical data trend for Hochtief AG'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.

Hochtief AG Shiller PE Ratio Chart

Hochtief AG 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 35.58 24.00 17.61 11.01 18.72

Hochtief AG 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 11.01 15.36 15.62 18.31 18.72

Competitive Comparison of Hochtief AG's Shiller PE Ratio

For the Engineering & Construction subindustry, Hochtief AG'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.


Hochtief AG's Shiller PE Ratio Distribution in the Construction Industry

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

* The bar in red indicates where Hochtief AG's Shiller PE Ratio falls into.



Hochtief AG 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.

Hochtief AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=102.20/5.35
=19.10

* 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.

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

For example, Hochtief AG'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)
=1.89/123.6675*123.6675
=1.890

Current CPI (Dec. 2023) = 123.6675.

Hochtief AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.640 99.543 0.795
201406 0.810 99.543 1.006
201409 0.790 99.823 0.979
201412 1.400 99.543 1.739
201503 0.760 99.717 0.943
201506 0.820 100.417 1.010
201509 0.640 100.417 0.788
201512 0.880 99.717 1.091
201603 0.980 100.017 1.212
201606 1.200 100.717 1.473
201609 1.290 101.017 1.579
201612 1.510 101.217 1.845
201703 1.370 101.417 1.671
201706 1.570 102.117 1.901
201709 1.770 102.717 2.131
201712 1.840 102.617 2.217
201803 1.520 102.917 1.826
201806 2.050 104.017 2.437
201809 2.710 104.718 3.200
201812 2.010 104.217 2.385
201903 1.810 104.217 2.148
201906 2.130 105.718 2.492
201909 2.510 106.018 2.928
201912 -9.380 105.818 -10.962
202003 1.630 105.718 1.907
202006 1.250 106.618 1.450
202009 1.770 105.818 2.069
202012 1.510 105.518 1.770
202103 1.260 107.518 1.449
202106 1.590 108.486 1.813
202109 1.460 109.435 1.650
202112 -1.270 110.384 -1.423
202203 1.560 113.968 1.693
202206 1.930 115.760 2.062
202209 1.530 118.818 1.592
202212 1.680 119.345 1.741
202303 1.700 122.402 1.718
202306 1.790 123.140 1.798
202309 1.580 124.195 1.573
202312 1.890 123.668 1.890

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.


Hochtief AG  (STU:HOT) 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.


Hochtief AG Shiller PE Ratio Related Terms

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Hochtief AG (STU:HOT) Business Description

Address
Alfredstrasse 236, Essen, NW, DEU, 45133
Hochtief AG develops and constructs building and infrastructure projects. It works on complex projects in transportation, energy, urban infrastructure, and mining markets. It expands transportation networks with roads, bridges, and tunnels, or designs and constructs office buildings, hospitals, and power plants. The company leans on expertise and technical know-how in developing, financing, building, and operating in designated business areas. Also, it will partner with external groups to work on specific components of a project. Hochtief reports operating segments by regional divisions: Americas, Asia Pacific, and Europe. The Americas and the Asia Pacific account for the majority of sales and are where most of the company's assets are located.