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Frontline (LTS:0REH) Shiller PE Ratio : 150.58 (As of Jun. 07, 2024)


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What is Frontline Shiller PE Ratio?

As of today (2024-06-07), Frontline's current share price is kr286.10. Frontline's E10 for the quarter that ended in Mar. 2024 was kr1.90. Frontline's Shiller PE Ratio for today is 150.58.

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

LTS:0REH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.05   Max: 2415
Current: 149.43

During the past years, Frontline's highest Shiller PE Ratio was 2415.00. The lowest was 0.32. And the median was 1.05.

LTS:0REH's Shiller PE Ratio is ranked worse than
96.66% of 419 companies
in the Oil & Gas industry
Industry Median: 17.18 vs LTS:0REH: 149.43

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.

Frontline's adjusted earnings per share data for the three months ended in Mar. 2024 was kr8.596. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr1.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontline Shiller PE Ratio Historical Data

The historical data trend for Frontline'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.

Frontline Shiller PE Ratio Chart

Frontline 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 - - - - 2,443.15

Frontline 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 - - - 2,443.15 130.21

Competitive Comparison of Frontline's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, Frontline'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.


Frontline's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Frontline's Shiller PE Ratio distribution charts can be found below:

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



Frontline 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.

Frontline's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=286.10/1.9
=150.58

* 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.

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

For example, Frontline'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)
=8.596/131.7762*131.7762
=8.596

Current CPI (Mar. 2024) = 131.7762.

Frontline Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -24.477 100.560 -32.075
201409 -19.058 100.428 -25.007
201412 -4.366 99.070 -5.807
201503 9.994 99.621 13.220
201506 3.420 100.684 4.476
201509 3.728 100.392 4.893
201512 3.257 99.792 4.301
201603 4.238 100.470 5.559
201606 0.748 101.688 0.969
201609 0.246 101.861 0.318
201612 1.027 101.863 1.329
201703 1.361 102.862 1.744
201706 -0.931 103.349 -1.187
201709 -1.097 104.136 -1.388
201712 -12.144 104.011 -15.386
201803 -0.622 105.290 -0.778
201806 -1.054 106.317 -1.306
201809 0.082 106.507 0.101
201812 1.294 105.998 1.609
201903 2.066 107.251 2.538
201906 0.000 108.070 0.000
201909 -0.540 108.329 -0.657
201912 1.354 108.420 1.646
202003 8.602 108.902 10.409
202006 9.628 108.767 11.665
202009 2.657 109.815 3.188
202012 -0.435 109.897 -0.522
202103 1.277 111.754 1.506
202106 -1.095 114.631 -1.259
202109 -1.472 115.734 -1.676
202112 0.898 117.630 1.006
202203 1.237 121.301 1.344
202206 2.437 125.017 2.569
202209 7.209 125.227 7.586
202212 10.671 125.222 11.230
202303 9.479 127.348 9.809
202306 11.120 128.729 11.383
202309 5.148 129.860 5.224
202312 11.288 129.419 11.494
202403 8.596 131.776 8.596

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.


Frontline  (LTS:0REH) 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.


Frontline Shiller PE Ratio Related Terms

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


Frontline (LTS:0REH) Business Description

Address
8, John Kennedy Street, 7th floor, Iris House, Office 740B, Limassol, CYP, 3106
Frontline Plc is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.

Frontline (LTS:0REH) Headlines

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