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Corporate Travel Management (ASX:CTD) Shiller PE Ratio : 45.29 (As of May. 11, 2024)


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What is Corporate Travel Management Shiller PE Ratio?

As of today (2024-05-11), Corporate Travel Management's current share price is A$15.40. Corporate Travel Management's E10 for the fiscal year that ended in Jun23 was A$0.34. Corporate Travel Management's Shiller PE Ratio for today is 45.29.

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

ASX:CTD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.7   Med: 60.22   Max: 90.52
Current: 45.72

During the past 13 years, Corporate Travel Management's highest Shiller PE Ratio was 90.52. The lowest was 25.70. And the median was 60.22.

ASX:CTD's Shiller PE Ratio is ranked worse than
71.93% of 399 companies
in the Travel & Leisure industry
Industry Median: 26.77 vs ASX:CTD: 45.72

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.

Corporate Travel Management's adjusted earnings per share data of for the fiscal year that ended in Jun23 was A$0.529. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.34 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corporate Travel Management Shiller PE Ratio Historical Data

The historical data trend for Corporate Travel Management'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.

Corporate Travel Management Shiller PE Ratio Chart

Corporate Travel Management Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 28.28 75.20 64.66 53.11

Corporate Travel Management Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 64.66 - 53.11 -

Competitive Comparison of Corporate Travel Management's Shiller PE Ratio

For the Travel Services subindustry, Corporate Travel Management'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.


Corporate Travel Management's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Corporate Travel Management's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Corporate Travel Management's Shiller PE Ratio falls into.



Corporate Travel Management 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.

Corporate Travel Management's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.40/0.34
=45.29

* 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.

Corporate Travel Management's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Corporate Travel Management's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.529/124.1700*124.1700
=0.529

Current CPI (Jun23) = 124.1700.

Corporate Travel Management Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.180 98.352 0.227
201506 0.270 99.838 0.336
201606 0.414 100.859 0.510
201706 0.510 102.809 0.616
201806 0.694 104.945 0.821
201906 0.770 106.617 0.897
202006 -0.073 106.246 -0.085
202106 -0.449 110.332 -0.505
202206 0.022 117.112 0.023
202306 0.529 124.170 0.529

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.


Corporate Travel Management  (ASX:CTD) 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.


Corporate Travel Management Shiller PE Ratio Related Terms

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Corporate Travel Management (ASX:CTD) Business Description

Traded in Other Exchanges
Address
307 Queen Street, Level 24, Brisbane, QLD, AUS, 4000
Corporate Travel Management provides travel services for business and government clients across the Americas, Australia and New Zealand, Europe, and Asia. The company has built scale and breadth through both organic growth and acquisitions. As of 2022, Corporate Travel is the world's fourth-largest corporate travel management company based with pro forma, pre-COVID-19 total transaction volumes of AUD 11 billion, but it remains a relative minnow in the highly fragmented USD 1.5 trillion global market. The group offers expertise and personalized service to corporate clients spanning various industries such as government, healthcare, mining, energy, infrastructure, and construction. Before the pandemic, more than 60% of the group's client travel was domestic (within country) in nature.

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