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Altria Group (BUE:MO) Shiller PE Ratio : 11.13 (As of Apr. 28, 2024)


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What is Altria Group Shiller PE Ratio?

As of today (2024-04-28), Altria Group's current share price is ARS11770.00. Altria Group's E10 for the quarter that ended in Mar. 2024 was ARS1,057.43. Altria Group's Shiller PE Ratio for today is 11.13.

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

BUE:MO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.01   Med: 14.85   Max: 25.59
Current: 11.11

During the past years, Altria Group's highest Shiller PE Ratio was 25.59. The lowest was 9.01. And the median was 14.85.

BUE:MO's Shiller PE Ratio is ranked better than
57.69% of 26 companies
in the Tobacco Products industry
Industry Median: 12.975 vs BUE:MO: 11.11

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.

Altria Group's adjusted earnings per share data for the three months ended in Mar. 2024 was ARS4,077.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS1,057.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altria Group Shiller PE Ratio Historical Data

The historical data trend for Altria Group'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.

Altria Group Shiller PE Ratio Chart

Altria Group 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 16.15 13.01 14.33 12.78 10.45

Altria Group 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 12.23 12.16 11.10 10.45 11.17

Competitive Comparison of Altria Group's Shiller PE Ratio

For the Tobacco subindustry, Altria Group'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.


Altria Group's Shiller PE Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Shiller PE Ratio distribution charts can be found below:

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



Altria Group 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.

Altria Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11770.00/1057.43
=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.

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

For example, Altria Group'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)
=4077.7/129.4194*129.4194
=4,077.700

Current CPI (Mar. 2024) = 129.4194.

Altria Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 20.800 100.560 26.769
201409 23.910 100.428 30.812
201412 21.549 99.070 28.150
201503 18.345 99.621 23.832
201506 26.896 100.684 34.572
201509 29.335 100.392 37.817
201512 33.134 99.792 42.971
201603 36.218 100.470 46.654
201606 46.972 101.688 59.782
201609 33.414 101.861 42.454
201612 333.537 101.863 423.768
201703 44.401 102.862 55.865
201706 67.931 103.349 85.067
201709 67.991 104.136 84.499
201712 197.824 104.011 246.149
201803 80.596 105.290 99.067
201806 98.762 106.317 120.223
201809 151.612 106.507 184.228
201812 99.541 105.998 121.536
201903 93.816 107.251 113.208
201906 191.226 108.070 229.004
201909 -310.949 108.329 -371.486
201912 -239.094 108.420 -285.403
202003 206.070 108.902 244.895
202006 284.794 108.767 338.869
202009 -151.450 109.815 -178.487
202012 335.286 109.897 394.848
202103 277.446 111.754 321.302
202106 439.547 114.631 496.251
202109 -578.858 115.734 -647.306
202112 355.485 117.630 391.115
202203 463.847 121.301 494.891
202206 235.847 125.017 244.153
202209 66.696 125.227 68.929
202212 1,005.900 125.222 1,039.619
202303 790.200 127.348 803.054
202306 1,142.400 128.729 1,148.530
202309 1,707.756 129.860 1,701.968
202312 1,689.480 129.419 1,689.480
202403 4,077.700 129.419 4,077.700

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.


Altria Group  (BUE:MO) 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.


Altria Group Shiller PE Ratio Related Terms

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


Altria Group (BUE:MO) Business Description

Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.

Altria Group (BUE:MO) Headlines