GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (MIL:SRG) » Definitions » Shiller PE Ratio

Snam SpA (MIL:SRG) Shiller PE Ratio : 12.51 (As of Jun. 06, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Snam SpA Shiller PE Ratio?

As of today (2024-06-06), Snam SpA's current share price is €4.503. Snam SpA's E10 for the quarter that ended in Dec. 2023 was €0.36. Snam SpA's Shiller PE Ratio for today is 12.51.

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

MIL:SRG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.29   Med: 13.89   Max: 17.1
Current: 11.99

During the past years, Snam SpA's highest Shiller PE Ratio was 17.10. The lowest was 8.29. And the median was 13.89.

MIL:SRG's Shiller PE Ratio is ranked better than
66.41% of 387 companies
in the Utilities - Regulated industry
Industry Median: 15.66 vs MIL:SRG: 11.99

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.

Snam SpA's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.026. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Snam SpA Shiller PE Ratio Historical Data

The historical data trend for Snam 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.

Snam SpA Shiller PE Ratio Chart

Snam 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 15.70 15.60 16.20 12.60 12.83

Snam 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 13.60 13.10 12.01 12.83 -

Competitive Comparison of Snam SpA's Shiller PE Ratio

For the Utilities - Regulated Gas subindustry, Snam 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.


Snam SpA's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

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

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



Snam 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.

Snam SpA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.503/0.36
=12.51

* 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.

Snam SpA's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Snam 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)
=0.026/119.7000*119.7000
=0.026

Current CPI (Dec. 2023) = 119.7000.

Snam SpA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.090 99.907 0.108
201406 0.080 100.093 0.096
201409 0.090 99.814 0.108
201412 0.090 99.721 0.108
201503 0.100 99.814 0.120
201506 0.070 100.279 0.084
201509 0.079 100.000 0.095
201512 0.096 99.814 0.115
201603 0.076 99.600 0.091
201606 0.074 99.900 0.089
201609 0.073 100.100 0.087
201612 0.022 100.300 0.026
201703 0.074 101.000 0.088
201706 0.073 101.100 0.086
201709 0.073 101.200 0.086
201712 0.042 101.200 0.050
201803 0.075 101.800 0.088
201806 0.079 102.400 0.092
201809 0.081 102.600 0.095
201812 0.051 102.300 0.060
201903 0.086 102.800 0.100
201906 0.090 103.100 0.104
201909 0.086 102.900 0.100
201912 0.068 102.800 0.079
202003 0.091 102.900 0.106
202006 0.084 102.900 0.098
202009 0.089 102.300 0.104
202012 0.072 102.600 0.084
202103 0.096 103.700 0.111
202106 0.173 104.200 0.199
202109 0.019 104.900 0.022
202112 0.170 106.600 0.191
202203 0.095 110.400 0.103
202206 0.112 112.500 0.119
202209 0.085 114.200 0.089
202212 -0.090 119.000 -0.091
202303 0.091 118.800 0.092
202306 0.118 119.700 0.118
202309 0.104 120.300 0.103
202312 0.026 119.700 0.026

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.


Snam SpA  (MIL:SRG) 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.


Snam SpA Shiller PE Ratio Related Terms

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


Snam SpA (MIL:SRG) Business Description

Traded in Other Exchanges
Address
Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 6.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.

Snam SpA (MIL:SRG) Headlines

From GuruFocus

Lessons From Mohnish Pabrai's Seritage Trade

By Rupert Hargreaves 09-13-2022

Seritage Growth Properties Makes $160 Million Loan Prepayment

By Business Wire Business Wire 01-04-2022

Seritage Growth Properties Appoints John Garilli as Interim CFO

By Business Wire Business Wire 01-07-2022

Seritage Growth Properties Makes $200 Million Loan Prepayment

By Business Wire Business Wire 05-30-2023

Seritage Growth Properties Makes $100 Million Loan Prepayment

By Business Wire Business Wire 08-08-2022

Pabrai's Top Holding Seritage Sours in 2021

By James Li 01-11-2022

Seritage Growth Properties Announces Termination of REIT Election

By Business Wire Business Wire 03-31-2022