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Bayer AG (BSE:BAYN) Shiller PE Ratio : 11.07 (As of Jun. 07, 2024)


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What is Bayer AG Shiller PE Ratio?

As of today (2024-06-07), Bayer AG's current share price is lei141.70. Bayer AG's E10 for the quarter that ended in Mar. 2024 was lei12.80. Bayer AG's Shiller PE Ratio for today is 11.07.

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

BSE:BAYN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.32   Med: 19.26   Max: 45.7
Current: 11.11

During the past years, Bayer AG's highest Shiller PE Ratio was 45.70. The lowest was 10.32. And the median was 19.26.

BSE:BAYN's Shiller PE Ratio is ranked better than
84.46% of 534 companies
in the Drug Manufacturers industry
Industry Median: 23.85 vs BSE:BAYN: 11.11

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.

Bayer AG's adjusted earnings per share data for the three months ended in Mar. 2024 was lei10.128. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is lei12.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayer AG Shiller PE Ratio Historical Data

The historical data trend for Bayer 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.

Bayer AG Shiller PE Ratio Chart

Bayer 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 17.18 16.10 16.28 15.09 13.24

Bayer AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.63 16.71 18.32 13.24 11.13

Competitive Comparison of Bayer AG's Shiller PE Ratio

For the Drug Manufacturers - General subindustry, Bayer 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.


Bayer AG's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bayer AG's Shiller PE Ratio distribution charts can be found below:

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



Bayer 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.

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

Shiller PE Ratio=Share Price/ E10
=141.70/12.8
=11.07

* 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.

Bayer AG's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Bayer AG's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.128/125.0381*125.0381
=10.128

Current CPI (Mar. 2024) = 125.0381.

Bayer AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 7.137 99.543 8.965
201409 5.886 99.823 7.373
201412 1.521 99.543 1.911
201503 8.008 99.717 10.042
201506 7.177 100.417 8.937
201509 6.203 100.417 7.724
201512 3.682 99.717 4.617
201603 9.308 100.017 11.637
201606 8.571 100.717 10.641
201609 7.331 101.017 9.074
201612 2.457 101.217 3.035
201703 11.676 101.417 14.395
201706 7.083 102.117 8.673
201709 23.846 102.717 29.028
201712 0.919 102.617 1.120
201803 12.447 102.917 15.122
201806 4.642 104.017 5.580
201809 15.617 104.718 18.648
201812 -22.137 104.217 -26.560
201903 6.555 104.217 7.865
201906 2.116 105.718 2.503
201909 5.282 106.018 6.230
201912 7.308 105.818 8.635
202003 7.672 105.718 9.074
202006 -49.998 106.618 -58.636
202009 -15.010 105.818 -17.736
202012 1.778 105.518 2.107
202103 11.582 107.518 13.469
202106 -13.098 108.486 -15.096
202109 0.484 109.435 0.553
202112 6.090 110.384 6.899
202203 16.852 113.968 18.489
202206 -1.449 115.760 -1.565
202209 2.533 118.818 2.666
202212 3.000 119.345 3.143
202303 10.857 122.402 11.091
202306 -9.502 123.140 -9.648
202309 -22.717 124.195 -22.871
202312 6.824 123.773 6.894
202403 10.128 125.038 10.128

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.


Bayer AG  (BSE:BAYN) 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.


Bayer AG Shiller PE Ratio Related Terms

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Bayer AG (BSE:BAYN) Business Description

Address
Kaiser-Wilhelm-Allee 1, Leverkusen, NW, DEU, 51368
Bayer is a German healthcare and agriculture conglomerate. Healthcare provides close to half of the company's sales and includes pharmaceutical drugs as well as vitamins and other consumer healthcare products. The firm also has a crop science business that includes seeds, pesticides, herbicides, and fungicides, which was expanded through the acquisition of Monsanto.

Bayer AG (BSE:BAYN) Headlines