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Scottish Mortgage Investment Trust (LSE:SMT) Shiller PE Ratio : 10.33 (As of May. 02, 2024)


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What is Scottish Mortgage Investment Trust Shiller PE Ratio?

As of today (2024-05-02), Scottish Mortgage Investment Trust's current share price is £8.576. Scottish Mortgage Investment Trust's E10 for the fiscal year that ended in Mar23 was £0.83. Scottish Mortgage Investment Trust's Shiller PE Ratio for today is 10.33.

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

LSE:SMT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.63   Med: 12.48   Max: 29.64
Current: 10.04

During the past 13 years, Scottish Mortgage Investment Trust's highest Shiller PE Ratio was 29.64. The lowest was 6.63. And the median was 12.48.

LSE:SMT's Shiller PE Ratio is ranked better than
68.37% of 765 companies
in the Asset Management industry
Industry Median: 12.7 vs LSE:SMT: 10.04

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.

Scottish Mortgage Investment Trust's adjusted earnings per share data of for the fiscal year that ended in Mar23 was £-2.046. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.83 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scottish Mortgage Investment Trust Shiller PE Ratio Historical Data

The historical data trend for Scottish Mortgage Investment Trust'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.

Scottish Mortgage Investment Trust Shiller PE Ratio Chart

Scottish Mortgage Investment Trust 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 10.71 12.10 10.52 10.52 8.17

Scottish Mortgage Investment Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 10.52 - 8.17 -

Competitive Comparison of Scottish Mortgage Investment Trust's Shiller PE Ratio

For the Asset Management subindustry, Scottish Mortgage Investment Trust'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.


Scottish Mortgage Investment Trust's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Scottish Mortgage Investment Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Scottish Mortgage Investment Trust's Shiller PE Ratio falls into.



Scottish Mortgage Investment Trust 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.

Scottish Mortgage Investment Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.576/0.83
=10.33

* 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.

Scottish Mortgage Investment Trust's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Scottish Mortgage Investment Trust's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=-2.046/126.8000*126.8000
=-2.046

Current CPI (Mar23) = 126.8000.

Scottish Mortgage Investment Trust Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.378 99.300 0.483
201503 0.587 99.600 0.747
201603 -0.012 100.400 -0.015
201703 0.984 102.700 1.215
201803 0.870 105.100 1.050
201903 0.612 107.000 0.725
202003 0.661 108.600 0.772
202103 6.328 109.700 7.314
202203 -1.783 116.500 -1.941
202303 -2.046 126.800 -2.046

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.


Scottish Mortgage Investment Trust  (LSE:SMT) 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.


Scottish Mortgage Investment Trust Shiller PE Ratio Related Terms

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Scottish Mortgage Investment Trust (LSE:SMT) Business Description

Traded in Other Exchanges
Address
1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
Scottish Mortgage Investment Trust PLC is an investment trust company. The company's objective is to maximize total return from a portfolio of long term investments chosen on a global basis enabling the company to provide capital and dividend growth. It focuses on investment in quoted securities irrespective of any geographical, industry and sector exposure. The portfolio also invests in fixed income securities, convertible securities, funds, unquoted entities, and other assets.

Scottish Mortgage Investment Trust (LSE:SMT) Headlines