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Volkswagen AG (WBO:VOW) Shiller PE Ratio : 5.05 (As of Apr. 28, 2024)


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What is Volkswagen AG Shiller PE Ratio?

As of today (2024-04-28), Volkswagen AG's current share price is €120.25. Volkswagen AG's E10 for the quarter that ended in Dec. 2023 was €23.83. Volkswagen AG's Shiller PE Ratio for today is 5.05.

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

WBO:VOW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.12   Med: 6.75   Max: 10.46
Current: 5.03

During the past years, Volkswagen AG's highest Shiller PE Ratio was 10.46. The lowest was 4.12. And the median was 6.75.

WBO:VOW's Shiller PE Ratio is ranked better than
95.1% of 816 companies
in the Vehicles & Parts industry
Industry Median: 17.73 vs WBO:VOW: 5.03

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.

Volkswagen AG's adjusted earnings per share data for the three months ended in Dec. 2023 was €9.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €23.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Volkswagen AG Shiller PE Ratio Historical Data

The historical data trend for Volkswagen AG'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.

Volkswagen AG Shiller PE Ratio Chart

Volkswagen AG 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 7.72 6.70 7.73 5.25 4.69

Volkswagen AG 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 5.25 5.45 5.32 4.61 4.69

Competitive Comparison of Volkswagen AG's Shiller PE Ratio

For the Auto Manufacturers subindustry, Volkswagen AG'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.


Volkswagen AG's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volkswagen AG's Shiller PE Ratio distribution charts can be found below:

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



Volkswagen AG 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.

Volkswagen AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=120.25/23.83
=5.05

* 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.

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

For example, Volkswagen AG'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)
=9.31/123.6675*123.6675
=9.310

Current CPI (Dec. 2023) = 123.6675.

Volkswagen AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 4.860 99.543 6.038
201406 6.460 99.543 8.026
201409 5.840 99.823 7.235
201412 4.660 99.543 5.789
201503 5.740 99.717 7.119
201506 5.330 100.417 6.564
201509 -3.450 100.417 -4.249
201512 -10.810 99.717 -13.406
201603 4.580 100.017 5.663
201606 2.300 100.717 2.824
201609 4.540 101.017 5.558
201612 -1.180 101.217 -1.442
201703 6.590 101.417 8.036
201706 6.060 102.117 7.339
201709 1.970 102.717 2.372
201712 7.650 102.617 9.219
201803 6.400 102.917 7.690
201806 6.440 104.017 7.657
201809 5.320 104.718 6.283
201812 5.400 104.217 6.408
201903 5.780 104.217 6.859
201906 7.910 105.718 9.253
201909 7.560 106.018 8.819
201912 5.350 105.818 6.252
202003 0.780 105.718 0.912
202006 -3.230 106.618 -3.747
202009 5.170 105.818 6.042
202012 13.870 105.518 16.256
202103 6.450 107.518 7.419
202106 9.700 108.486 11.057
202109 5.510 109.435 6.227
202112 7.940 110.384 8.896
202203 13.090 113.968 14.204
202206 7.460 115.760 7.970
202209 3.910 118.818 4.070
202212 5.210 119.345 5.399
202303 8.370 122.402 8.457
202306 6.480 123.140 6.508
202309 7.760 124.195 7.727
202312 9.310 123.668 9.310

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.


Volkswagen AG  (WBO:VOW) 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.


Volkswagen AG Shiller PE Ratio Related Terms

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


Volkswagen AG (WBO:VOW) Business Description

Address
Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

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