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Petronas Gas Bhd (XKLS:6033) Shiller PE Ratio : 16.38 (As of May. 24, 2024)


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What is Petronas Gas Bhd Shiller PE Ratio?

As of today (2024-05-24), Petronas Gas Bhd's current share price is RM18.34. Petronas Gas Bhd's E10 for the quarter that ended in Dec. 2023 was RM1.12. Petronas Gas Bhd's Shiller PE Ratio for today is 16.38.

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

XKLS:6033' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.39   Med: 16.26   Max: 21.7
Current: 16.31

During the past years, Petronas Gas Bhd's highest Shiller PE Ratio was 21.70. The lowest was 14.39. And the median was 16.26.

XKLS:6033's Shiller PE Ratio is ranked worse than
51.42% of 387 companies
in the Utilities - Regulated industry
Industry Median: 15.96 vs XKLS:6033: 16.31

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.

Petronas Gas Bhd's adjusted earnings per share data for the three months ended in Dec. 2023 was RM0.224. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is RM1.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Petronas Gas Bhd Shiller PE Ratio Historical Data

The historical data trend for Petronas Gas Bhd'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.

Petronas Gas Bhd Shiller PE Ratio Chart

Petronas Gas Bhd 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 17.81 17.46 16.93 15.23 15.59

Petronas Gas Bhd 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 15.23 14.44 14.97 14.99 15.59

Competitive Comparison of Petronas Gas Bhd's Shiller PE Ratio

For the Utilities - Regulated Gas subindustry, Petronas Gas Bhd'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.


Petronas Gas Bhd's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Petronas Gas Bhd's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Petronas Gas Bhd's Shiller PE Ratio falls into.



Petronas Gas Bhd 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.

Petronas Gas Bhd's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.34/1.12
=16.38

* 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.

Petronas Gas Bhd's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Petronas Gas Bhd'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)
=0.224/129.4194*129.4194
=0.224

Current CPI (Dec. 2023) = 129.4194.

Petronas Gas Bhd Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.211 99.695 0.274
201406 0.220 100.560 0.283
201409 0.212 100.428 0.273
201412 0.288 99.070 0.376
201503 0.227 99.621 0.295
201506 0.413 100.684 0.531
201509 0.154 100.392 0.199
201512 0.209 99.792 0.271
201603 0.226 100.470 0.291
201606 0.204 101.688 0.260
201609 0.214 101.861 0.272
201612 0.235 101.863 0.299
201703 0.234 102.862 0.294
201706 0.215 103.349 0.269
201709 0.211 104.136 0.262
201712 0.246 104.011 0.306
201803 0.244 105.290 0.300
201806 0.257 106.317 0.313
201809 0.253 106.507 0.307
201812 0.152 105.998 0.186
201903 0.261 107.251 0.315
201906 0.254 108.070 0.304
201909 0.218 108.329 0.260
201912 0.245 108.420 0.292
202003 0.186 108.902 0.221
202006 0.277 108.767 0.330
202009 0.299 109.815 0.352
202012 0.255 109.897 0.300
202103 0.261 111.754 0.302
202106 0.222 114.631 0.251
202109 0.294 115.734 0.329
202112 0.229 117.630 0.252
202203 0.208 121.301 0.222
202206 0.200 125.017 0.207
202209 0.215 125.227 0.222
202212 0.209 125.222 0.216
202303 0.214 127.348 0.217
202306 0.245 128.729 0.246
202309 0.237 129.860 0.236
202312 0.224 129.419 0.224

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.


Petronas Gas Bhd  (XKLS:6033) 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.


Petronas Gas Bhd Shiller PE Ratio Related Terms

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Petronas Gas Bhd (XKLS:6033) Business Description

Traded in Other Exchanges
Address
Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

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