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Ayala (PHS:AC) Shiller PE Ratio : 12.09 (As of May. 26, 2024)


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What is Ayala Shiller PE Ratio?

As of today (2024-05-26), Ayala's current share price is ₱617.00. Ayala's E10 for the quarter that ended in Mar. 2024 was ₱51.05. Ayala's Shiller PE Ratio for today is 12.09.

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

PHS:AC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.5   Med: 20.79   Max: 35.26
Current: 12.09

During the past years, Ayala's highest Shiller PE Ratio was 35.26. The lowest was 11.50. And the median was 20.79.

PHS:AC's Shiller PE Ratio is ranked better than
63.82% of 340 companies
in the Conglomerates industry
Industry Median: 16.36 vs PHS:AC: 12.09

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.

Ayala's adjusted earnings per share data for the three months ended in Mar. 2024 was ₱20.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₱51.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ayala Shiller PE Ratio Historical Data

The historical data trend for Ayala'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.

Ayala Shiller PE Ratio Chart

Ayala 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 22.21 22.78 20.10 15.57 13.82

Ayala 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 14.11 13.24 12.72 13.82 12.54

Competitive Comparison of Ayala's Shiller PE Ratio

For the Conglomerates subindustry, Ayala'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.


Ayala's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ayala's Shiller PE Ratio distribution charts can be found below:

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



Ayala 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.

Ayala's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=617.00/51.05
=12.09

* 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.

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

For example, Ayala'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)
=20.44/131.7762*131.7762
=20.440

Current CPI (Mar. 2024) = 131.7762.

Ayala Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 6.940 100.560 9.094
201409 6.820 100.428 8.949
201412 6.730 99.070 8.952
201503 7.510 99.621 9.934
201506 8.000 100.684 10.470
201509 11.130 100.392 14.609
201512 6.740 99.792 8.900
201603 8.680 100.470 11.385
201606 12.220 101.688 15.836
201609 8.810 101.861 11.397
201612 9.600 101.863 12.419
201703 10.500 102.862 13.451
201706 12.320 103.349 15.709
201709 12.560 104.136 15.894
201712 10.610 104.011 13.442
201803 11.630 105.290 14.556
201806 12.810 106.317 15.878
201809 11.690 106.507 14.464
201812 12.110 105.998 15.055
201903 12.080 107.251 14.842
201906 46.810 108.070 57.078
201909 12.740 108.329 15.497
201912 -17.740 108.420 -21.562
202003 10.110 108.902 12.234
202006 1.510 108.767 1.829
202009 4.940 109.815 5.928
202012 8.670 109.897 10.396
202103 8.030 111.754 9.469
202106 7.510 114.631 8.633
202109 13.740 115.734 15.644
202112 13.420 117.630 15.034
202203 12.030 121.301 13.069
202206 13.110 125.017 13.819
202209 11.760 125.227 12.375
202212 5.120 125.222 5.388
202303 15.970 127.348 16.525
202306 12.690 128.729 12.990
202309 21.360 129.860 21.675
202312 8.630 129.419 8.787
202403 20.440 131.776 20.440

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.


Ayala  (PHS:AC) 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.


Ayala Shiller PE Ratio Related Terms

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


Ayala (PHS:AC) Business Description

Traded in Other Exchanges
Address
Paseo de Roxas cor. Makati Avenue, 37th Floor to 39th Floor, Ayala Triangle Gardens Tower 2, Makati, PHL, 1226
Ayala Corporation is a general real estate company. The group is organized into a variety of business units. Ayala's real estate business is primarily conducted through its subsidiary, Ayala Land, Inc. Its involvement in financial services is through an affiliate, the Bank of the Philippine Islands. The group's business has the following main segments: Parent Company; Real estate and hotels; Financial services and insurance; Telecommunications; Industrial Technologies; Power Generation; and Automotive and Others.