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Azimut Holding SPA (MIL:AZM) Shiller PE Ratio : 10.66 (As of May. 16, 2024)


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What is Azimut Holding SPA Shiller PE Ratio?

As of today (2024-05-16), Azimut Holding SPA's current share price is €26.11. Azimut Holding SPA's E10 for the quarter that ended in Dec. 2023 was €2.45. Azimut Holding SPA's Shiller PE Ratio for today is 10.66.

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

MIL:AZM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.87   Med: 11.82   Max: 19.97
Current: 10.61

During the past years, Azimut Holding SPA's highest Shiller PE Ratio was 19.97. The lowest was 6.87. And the median was 11.82.

MIL:AZM's Shiller PE Ratio is ranked better than
66.84% of 760 companies
in the Asset Management industry
Industry Median: 13.02 vs MIL:AZM: 10.61

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.

Azimut Holding SPA's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.679. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Azimut Holding SPA Shiller PE Ratio Historical Data

The historical data trend for Azimut Holding SPA'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.

Azimut Holding SPA Shiller PE Ratio Chart

Azimut Holding SPA 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 17.20 12.33 13.16 9.26 9.64

Azimut Holding SPA 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 8.59 8.34 8.48 9.64 -

Competitive Comparison of Azimut Holding SPA's Shiller PE Ratio

For the Asset Management subindustry, Azimut Holding SPA'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.


Azimut Holding SPA's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Azimut Holding SPA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Azimut Holding SPA's Shiller PE Ratio falls into.



Azimut Holding SPA 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.

Azimut Holding SPA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=26.11/2.45
=10.66

* 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.

Azimut Holding SPA's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Azimut Holding SPA'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)
=0.679/119.7000*119.7000
=0.679

Current CPI (Dec. 2023) = 119.7000.

Azimut Holding SPA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.261 99.907 0.313
201406 0.372 100.093 0.445
201409 0.294 99.814 0.353
201412 -0.238 99.721 -0.286
201503 0.896 99.814 1.075
201506 0.369 100.279 0.440
201509 0.193 100.000 0.231
201512 0.276 99.814 0.331
201603 0.143 99.600 0.172
201606 0.332 99.900 0.398
201609 0.375 100.100 0.448
201612 0.360 100.300 0.430
201703 0.511 101.000 0.606
201706 0.345 101.100 0.408
201709 0.251 101.200 0.297
201712 0.420 101.200 0.497
201803 0.189 101.800 0.222
201806 0.326 102.400 0.381
201809 0.295 102.600 0.344
201812 0.073 102.300 0.085
201903 0.642 102.800 0.748
201906 0.568 103.100 0.659
201909 0.536 102.900 0.624
201912 0.876 102.800 1.020
202003 0.348 102.900 0.405
202006 0.684 102.900 0.796
202009 0.630 102.300 0.737
202012 1.096 102.600 1.279
202103 0.700 103.700 0.808
202106 0.926 104.200 1.064
202109 0.690 104.900 0.787
202112 2.027 106.600 2.276
202203 0.684 110.400 0.742
202206 0.928 112.500 0.987
202209 0.687 114.200 0.720
202212 0.588 119.000 0.591
202303 0.728 118.800 0.734
202306 0.883 119.700 0.883
202309 0.851 120.300 0.847
202312 0.679 119.700 0.679

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.


Azimut Holding SPA  (MIL:AZM) 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.


Azimut Holding SPA Shiller PE Ratio Related Terms

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Azimut Holding SPA (MIL:AZM) Business Description

Traded in Other Exchanges
Address
Via Cusani 4, Milan, ITA, 20121
Azimut Holding SPA is a large independent asset management firm operating primarily in Italy but with an increasingly global presence. In Italy, its capital management division sells and manages Italian mutual funds, Italian hedge funds, and is active in the discretionary management of individual investment portfolios. Its international business operations involve the sale, management, and distribution of financial and insurance products. Its portfolio solutions encompass a broad array of strategies that cut across various traditional and alternative asset classes. A majority of its revenue is derived from recurring fees from assets under management.

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