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Singapore Airlines (SGX:C6L) Shiller PE Ratio : 45.40 (As of May. 16, 2024)


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What is Singapore Airlines Shiller PE Ratio?

As of today (2024-05-16), Singapore Airlines's current share price is S$6.81. Singapore Airlines's E10 for the quarter that ended in Dec. 2023 was S$0.15. Singapore Airlines's Shiller PE Ratio for today is 45.40.

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

SGX:C6L' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.52   Med: 18.41   Max: 64.75
Current: 45.88

During the past years, Singapore Airlines's highest Shiller PE Ratio was 64.75. The lowest was 5.52. And the median was 18.41.

SGX:C6L's Shiller PE Ratio is ranked worse than
85.56% of 568 companies
in the Transportation industry
Industry Median: 17.215 vs SGX:C6L: 45.88

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.

Singapore Airlines's adjusted earnings per share data for the three months ended in Dec. 2023 was S$0.156. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is S$0.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Singapore Airlines Shiller PE Ratio Historical Data

The historical data trend for Singapore Airlines'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.

Singapore Airlines Shiller PE Ratio Chart

Singapore Airlines Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.08 11.31 42.05 62.68 48.59

Singapore Airlines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 54.70 48.59 57.82 47.52 44.59

Competitive Comparison of Singapore Airlines's Shiller PE Ratio

For the Airlines subindustry, Singapore Airlines'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.


Singapore Airlines's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Singapore Airlines's Shiller PE Ratio distribution charts can be found below:

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



Singapore Airlines 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.

Singapore Airlines's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.81/0.15
=45.40

* 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.

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

For example, Singapore Airlines'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)
=0.156/129.4194*129.4194
=0.156

Current CPI (Dec. 2023) = 129.4194.

Singapore Airlines Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.016 99.695 0.021
201406 0.020 100.560 0.026
201409 0.054 100.428 0.070
201412 0.121 99.070 0.158
201503 0.024 99.621 0.031
201506 0.055 100.684 0.071
201509 0.128 100.392 0.165
201512 0.166 99.792 0.215
201603 0.135 100.470 0.174
201606 0.152 101.688 0.193
201609 0.039 101.861 0.050
201612 0.105 101.863 0.133
201703 -0.082 102.862 -0.103
201706 0.201 103.349 0.252
201709 0.174 104.136 0.216
201712 0.231 104.011 0.287
201803 0.167 105.290 0.205
201806 0.083 106.317 0.101
201809 0.033 106.507 0.040
201812 0.168 105.998 0.205
201903 0.120 107.251 0.145
201906 0.059 108.070 0.071
201909 0.056 108.329 0.067
201912 0.166 108.420 0.198
202003 -0.388 108.902 -0.461
202006 -0.508 108.767 -0.604
202009 -0.791 109.815 -0.932
202012 -0.029 109.897 -0.034
202103 -0.223 111.754 -0.258
202106 -0.092 114.631 -0.104
202109 -0.144 115.734 -0.161
202112 0.013 117.630 0.014
202203 -0.071 121.301 -0.076
202206 0.057 125.017 0.059
202209 0.187 125.227 0.193
202212 0.101 125.222 0.104
202303 0.203 127.348 0.206
202306 0.140 128.729 0.141
202309 0.238 129.860 0.237
202312 0.156 129.419 0.156

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.


Singapore Airlines  (SGX:C6L) 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.


Singapore Airlines Shiller PE Ratio Related Terms

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Singapore Airlines (SGX:C6L) Business Description

Traded in Other Exchanges
Address
25 Airline Road, Airline House, Sinagapore, SGP, 819829
Singapore Airlines is Singapore's flagship carrier and one of the region's largest airlines in revenue and carrying capacity. The company's hub is Changi Airport, providing regional and cross-continental passenger and cargo services destined to or transit through Singapore. The company operates under dual brands: the premium carrier, SIA, coupled with its wholly owned subsidiary, and the low-cost regional carrier Scoot. It also owns stakes in SATs and SIA Engineering.

Singapore Airlines (SGX:C6L) Headlines

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