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Mercedes-Benz Group AG (XTER:MBG) Shiller PE Ratio : 5.18 (As of Oct. 31, 2024)


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What is Mercedes-Benz Group AG Shiller PE Ratio?

As of today (2024-10-31), Mercedes-Benz Group AG's current share price is €56.40. Mercedes-Benz Group AG's E10 for the quarter that ended in Sep. 2024 was €10.89. Mercedes-Benz Group AG's Shiller PE Ratio for today is 5.18.

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

XTER:MBG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.82   Med: 7.91   Max: 19.46
Current: 5.18

During the past years, Mercedes-Benz Group AG's highest Shiller PE Ratio was 19.46. The lowest was 2.82. And the median was 7.91.

XTER:MBG's Shiller PE Ratio is ranked better than
93.5% of 739 companies
in the Vehicles & Parts industry
Industry Median: 17.84 vs XTER:MBG: 5.18

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.

Mercedes-Benz Group AG's adjusted earnings per share data for the three months ended in Sep. 2024 was €1.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €10.89 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercedes-Benz Group AG Shiller PE Ratio Historical Data

The historical data trend for Mercedes-Benz Group 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.

Mercedes-Benz Group AG Shiller PE Ratio Chart

Mercedes-Benz Group 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 6.15 7.37 8.07 6.33 5.90

Mercedes-Benz Group AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.25 5.90 6.78 5.87 5.33

Competitive Comparison of Mercedes-Benz Group AG's Shiller PE Ratio

For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.


Mercedes-Benz Group AG's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Shiller PE Ratio falls into.



Mercedes-Benz Group 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.

Mercedes-Benz Group AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=56.40/10.89
=5.18

* 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.

Mercedes-Benz Group AG's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, Mercedes-Benz Group AG's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.81/126.1978*126.1978
=1.810

Current CPI (Sep. 2024) = 126.1978.

Mercedes-Benz Group AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.030 99.543 1.306
201503 1.830 99.717 2.316
201506 2.120 100.417 2.664
201509 2.230 100.417 2.803
201512 1.680 99.717 2.126
201603 1.260 100.017 1.590
201606 2.270 100.717 2.844
201609 2.430 101.017 3.036
201612 2.010 101.217 2.506
201703 2.390 101.417 2.974
201706 2.280 102.117 2.818
201709 2.010 102.717 2.469
201712 2.930 102.617 3.603
201803 2.120 102.917 2.600
201806 1.610 104.017 1.953
201809 1.580 104.718 1.904
201812 1.460 104.217 1.768
201903 1.960 104.217 2.373
201906 -1.240 105.718 -1.480
201909 1.610 106.018 1.916
201912 -0.100 105.818 -0.119
202003 0.090 105.718 0.107
202006 -1.870 106.618 -2.213
202009 1.910 105.818 2.278
202012 3.260 105.518 3.899
202103 4.010 107.518 4.707
202106 3.360 108.486 3.909
202109 2.310 109.435 2.664
202112 11.820 110.384 13.513
202203 3.260 113.968 3.610
202206 2.910 115.760 3.172
202209 3.660 118.818 3.887
202212 3.720 119.345 3.934
202303 3.690 122.402 3.804
202306 3.340 123.140 3.423
202309 3.440 124.195 3.495
202312 2.990 123.773 3.049
202403 2.860 125.038 2.887
202406 2.950 125.882 2.957
202409 1.810 126.198 1.810

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.


Mercedes-Benz Group AG  (XTER:MBG) 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.


Mercedes-Benz Group AG Shiller PE Ratio Related Terms

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


Mercedes-Benz Group AG Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).
Executives
Dr. Martin Brudermüller Supervisory Board
Dr. Frank Weber Supervisory Board
Bader M. Al Saad Supervisory Board
Sari Baldauf Supervisory Board
Ben Van Beurden Supervisory Board
Dr. Bernd Pischetsrieder Supervisory Board
Timotheus Höttges Supervisory Board
Petraea Heynike Supervisory Board
Dr. Manfred Bischoff Supervisory Board
Josef Kaeser Supervisory Board
Dr. Jürgen Hambrecht Supervisory Board