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Arkema (XPAR:AKE) Shiller PE Ratio : 11.86 (As of Apr. 30, 2024)


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What is Arkema Shiller PE Ratio?

As of today (2024-04-30), Arkema's current share price is €97.40. Arkema's E10 for the quarter that ended in Dec. 2023 was €8.21. Arkema's Shiller PE Ratio for today is 11.86.

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

XPAR:AKE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.77   Med: 21.26   Max: 70.41
Current: 11.72

During the past years, Arkema's highest Shiller PE Ratio was 70.41. The lowest was 9.77. And the median was 21.26.

XPAR:AKE's Shiller PE Ratio is ranked better than
74.18% of 1034 companies
in the Chemicals industry
Industry Median: 19.17 vs XPAR:AKE: 11.72

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.

Arkema's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €8.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arkema Shiller PE Ratio Historical Data

The historical data trend for Arkema'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.

Arkema Shiller PE Ratio Chart

Arkema 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 18.70 19.54 19.31 10.89 12.54

Arkema 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 10.89 11.21 10.57 11.38 12.54

Competitive Comparison of Arkema's Shiller PE Ratio

For the Specialty Chemicals subindustry, Arkema'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.


Arkema's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arkema's Shiller PE Ratio distribution charts can be found below:

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



Arkema 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.

Arkema's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=97.40/8.21
=11.86

* 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.

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

For example, Arkema'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)
=0.27/118.2300*118.2300
=0.270

Current CPI (Dec. 2023) = 118.2300.

Arkema Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.990 100.240 1.168
201406 0.770 100.180 0.909
201409 0.360 99.920 0.426
201412 0.390 99.860 0.462
201503 0.570 100.170 0.673
201506 1.820 100.440 2.142
201509 0.810 99.950 0.958
201512 0.650 100.040 0.768
201603 1.310 100.020 1.549
201606 1.960 100.630 2.303
201609 1.260 100.340 1.485
201612 1.130 100.650 1.327
201703 1.810 101.170 2.115
201706 2.100 101.320 2.450
201709 1.880 101.330 2.194
201712 1.360 101.850 1.579
201803 2.470 102.750 2.842
201806 2.870 103.370 3.283
201809 2.270 103.560 2.592
201812 1.210 103.470 1.383
201903 1.920 103.890 2.185
201906 1.810 104.580 2.046
201909 1.900 104.500 2.150
201912 0.780 104.980 0.878
202003 1.020 104.590 1.153
202006 1.550 104.790 1.749
202009 1.020 104.550 1.153
202012 0.370 104.960 0.417
202103 1.550 105.750 1.733
202106 10.760 106.340 11.963
202109 3.160 106.810 3.498
202112 1.570 107.850 1.721
202203 4.360 110.490 4.665
202206 5.400 112.550 5.673
202209 2.860 112.740 2.999
202212 0.130 114.160 0.135
202303 1.690 116.790 1.711
202306 2.030 117.650 2.040
202309 1.370 118.260 1.370
202312 0.270 118.230 0.270

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.


Arkema  (XPAR:AKE) 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.


Arkema Shiller PE Ratio Related Terms

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


Arkema (XPAR:AKE) Business Description

Address
420 rue d’Estienne d’Orves, Colombes, FRA, 92700
Arkema is a French chemical company formerly known for its large presence in the global acrylics market. However, the company has now developed a strong portfolio of speciality materials. Arkema is organised into four segments. Adhesive solutions, advanced materials, and coatings solutions contain the more specialized material businesses. The intermediates segment houses the remaining commodity chemical businesses. Geographically, sales are split fairly equally between Europe, the U.S., and Asia.

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