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Bure Equity AB (OSTO:BURE) Shiller PE Ratio : 11.13 (As of Jun. 05, 2024)


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What is Bure Equity AB Shiller PE Ratio?

As of today (2024-06-05), Bure Equity AB's current share price is kr369.60. Bure Equity AB's E10 for the quarter that ended in Mar. 2024 was kr33.22. Bure Equity AB's Shiller PE Ratio for today is 11.13.

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

OSTO:BURE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.07   Med: 10.76   Max: 17.36
Current: 10.99

During the past years, Bure Equity AB's highest Shiller PE Ratio was 17.36. The lowest was 7.07. And the median was 10.76.

OSTO:BURE's Shiller PE Ratio is ranked better than
63.13% of 754 companies
in the Asset Management industry
Industry Median: 12.87 vs OSTO:BURE: 10.99

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.

Bure Equity AB's adjusted earnings per share data for the three months ended in Mar. 2024 was kr40.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr33.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bure Equity AB Shiller PE Ratio Historical Data

The historical data trend for Bure Equity AB'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.

Bure Equity AB Shiller PE Ratio Chart

Bure Equity AB 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 11.20 12.94 13.52 10.76 9.67

Bure Equity AB 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 9.54 9.19 8.58 9.67 10.32

Competitive Comparison of Bure Equity AB's Shiller PE Ratio

For the Asset Management subindustry, Bure Equity AB'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.


Bure Equity AB's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bure Equity AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bure Equity AB's Shiller PE Ratio falls into.



Bure Equity AB 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.

Bure Equity AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=369.60/33.22
=11.13

* 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.

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

For example, Bure Equity AB'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)
=40.24/132.2054*132.2054
=40.240

Current CPI (Mar. 2024) = 132.2054.

Bure Equity AB Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.340 100.432 3.080
201409 2.680 100.161 3.537
201412 4.550 100.225 6.002
201503 16.110 99.950 21.309
201506 6.080 99.995 8.038
201509 -7.470 100.228 -9.853
201512 26.641 100.276 35.124
201603 -1.090 100.751 -1.430
201606 6.340 101.019 8.297
201609 26.160 101.138 34.196
201612 -14.492 102.022 -18.780
201703 0.190 102.022 0.246
201706 4.300 102.752 5.533
201709 22.390 103.279 28.661
201712 -14.852 103.793 -18.918
201803 7.130 103.962 9.067
201806 9.200 104.875 11.598
201809 -1.940 105.679 -2.427
201812 11.900 105.912 14.854
201903 27.830 105.886 34.747
201906 -9.370 106.742 -11.605
201909 5.330 107.214 6.572
201912 37.490 107.766 45.992
202003 -49.900 106.563 -61.908
202006 50.010 107.498 61.504
202009 34.760 107.635 42.695
202012 9.009 108.296 10.998
202103 -3.590 108.360 -4.380
202106 53.050 108.928 64.387
202109 18.920 110.338 22.670
202112 17.290 112.486 20.321
202203 -89.330 114.825 -102.851
202206 -34.890 118.384 -38.964
202209 -32.940 122.296 -35.609
202212 32.500 126.365 34.002
202303 32.540 127.042 33.863
202306 9.830 129.407 10.043
202309 -18.530 130.224 -18.812
202312 40.030 131.912 40.119
202403 40.240 132.205 40.240

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.


Bure Equity AB  (OSTO:BURE) 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.


Bure Equity AB Shiller PE Ratio Related Terms

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Bure Equity AB (OSTO:BURE) Business Description

Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE-114 34
Bure Equity AB is a Sweden-based investment company. The foundation of the company's business model is far-reaching engagement and a strong presence in the portfolio companies. The company specializes in long-term owning, developing, as well as disposing of listed and unlisted operating entities. Bure's objectives are to be a profitable investment for shareholders and to be a competitive investment alternative in the market.

Bure Equity AB (OSTO:BURE) Headlines

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