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UPM-Kymmene Oyj (OHEL:UPM) Shiller PE Ratio : 15.78 (As of Apr. 28, 2024)


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What is UPM-Kymmene Oyj Shiller PE Ratio?

As of today (2024-04-28), UPM-Kymmene Oyj's current share price is €32.98. UPM-Kymmene Oyj's E10 for the quarter that ended in Mar. 2024 was €2.09. UPM-Kymmene Oyj's Shiller PE Ratio for today is 15.78.

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

OHEL:UPM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.06   Med: 28.21   Max: 84.68
Current: 15.8

During the past years, UPM-Kymmene Oyj's highest Shiller PE Ratio was 84.68. The lowest was 13.06. And the median was 28.21.

OHEL:UPM's Shiller PE Ratio is ranked worse than
62.23% of 188 companies
in the Forest Products industry
Industry Median: 12.65 vs OHEL:UPM: 15.80

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.

UPM-Kymmene Oyj's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


UPM-Kymmene Oyj Shiller PE Ratio Historical Data

The historical data trend for UPM-Kymmene Oyj'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.

UPM-Kymmene Oyj Shiller PE Ratio Chart

UPM-Kymmene Oyj 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 26.37 26.30 24.85 17.32 16.41

UPM-Kymmene Oyj 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 14.88 13.08 15.77 16.41 14.79

Competitive Comparison of UPM-Kymmene Oyj's Shiller PE Ratio

For the Paper & Paper Products subindustry, UPM-Kymmene Oyj'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.


UPM-Kymmene Oyj's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, UPM-Kymmene Oyj's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where UPM-Kymmene Oyj's Shiller PE Ratio falls into.



UPM-Kymmene Oyj 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.

UPM-Kymmene Oyj's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=32.98/2.09
=15.78

* 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.

UPM-Kymmene Oyj's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, UPM-Kymmene Oyj'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)
=0.51/121.2200*121.2200
=0.510

Current CPI (Mar. 2024) = 121.2200.

UPM-Kymmene Oyj Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.250 100.147 0.303
201409 0.340 100.726 0.409
201412 0.010 100.229 0.012
201503 0.290 100.120 0.351
201506 0.300 100.030 0.364
201509 0.770 100.130 0.932
201512 0.360 99.990 0.436
201603 0.430 100.080 0.521
201606 0.370 100.390 0.447
201609 0.500 100.540 0.603
201612 0.350 101.020 0.420
201703 0.450 100.910 0.541
201706 0.380 101.140 0.455
201709 0.540 101.320 0.646
201712 0.450 101.510 0.537
201803 0.580 101.730 0.691
201806 0.500 102.320 0.592
201809 0.610 102.600 0.721
201812 1.110 102.710 1.310
201903 0.570 102.870 0.672
201906 0.460 103.360 0.539
201909 0.460 103.540 0.539
201912 0.500 103.650 0.585
202003 0.360 103.490 0.422
202006 0.190 103.320 0.223
202009 0.150 103.710 0.175
202012 0.350 103.890 0.408
202103 0.420 104.870 0.485
202106 0.450 105.360 0.518
202109 0.920 106.290 1.049
202112 0.630 107.490 0.710
202203 0.250 110.950 0.273
202206 0.530 113.570 0.566
202209 1.150 114.920 1.213
202212 0.930 117.320 0.961
202303 0.330 119.750 0.334
202306 0.150 120.690 0.151
202309 -0.050 121.280 -0.050
202312 0.300 121.220 0.300
202403 0.510 121.220 0.510

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.


UPM-Kymmene Oyj  (OHEL:UPM) 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.


UPM-Kymmene Oyj Shiller PE Ratio Related Terms

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UPM-Kymmene Oyj (OHEL:UPM) Business Description

Traded in Other Exchanges
Address
Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100
UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.

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