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Webjet (ASX:WEB) Shiller PE Ratio : 116.86 (As of May. 05, 2024)


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What is Webjet Shiller PE Ratio?

As of today (2024-05-05), Webjet's current share price is A$8.18. Webjet's E10 for the fiscal year that ended in Mar23 was A$0.07. Webjet's Shiller PE Ratio for today is 116.86.

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

ASX:WEB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.5   Med: 51.8   Max: 126.14
Current: 117.07

During the past 13 years, Webjet's highest Shiller PE Ratio was 126.14. The lowest was 12.50. And the median was 51.80.

ASX:WEB's Shiller PE Ratio is ranked worse than
88.97% of 399 companies
in the Travel & Leisure industry
Industry Median: 27.2 vs ASX:WEB: 117.07

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.

Webjet's adjusted earnings per share data of for the fiscal year that ended in Mar23 was A$0.038. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.07 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Webjet Shiller PE Ratio Historical Data

The historical data trend for Webjet'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.

Webjet Shiller PE Ratio Chart

Webjet Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.67 49.75 31.88 71.89 100.47

Webjet Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 - 71.89 - 100.47 -

Competitive Comparison of Webjet's Shiller PE Ratio

For the Travel Services subindustry, Webjet'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.


Webjet's Shiller PE Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Webjet's Shiller PE Ratio distribution charts can be found below:

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



Webjet 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.

Webjet's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.18/0.07
=116.86

* 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.

Webjet's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Webjet'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)
=0.038/123.1484*123.1484
=0.038

Current CPI (Mar23) = 123.1484.

Webjet Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201306 0.060 95.473 0.077
201406 0.169 98.352 0.212
201506 0.153 99.838 0.189
201606 0.191 100.859 0.233
201706 0.374 102.809 0.448
201806 0.256 104.945 0.300
201906 0.340 106.617 0.393
202006 -0.821 106.246 -0.952
202203 -0.224 115.069 -0.240
202303 0.038 123.148 0.038

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.


Webjet  (ASX:WEB) 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.


Webjet Shiller PE Ratio Related Terms

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Webjet (ASX:WEB) Business Description

Traded in Other Exchanges
Address
509 St Kilda Road, Level 2, Melbourne, VIC, AUS, 3004
Webjet provides online travel bookings across Europe, Asia Pacific, the Middle East, and Africa. The group operates in both the business to consumer, or B2C, and business to business, or B2B, segments. The B2B business, WebBeds, acts as an intermediary between hotels and wholesale/retail travel service providers. WebBeds is currently the world's second largest B2B accommodation booking provider despite only a circa 4% market share of the fragmented AUD 70 billion global B2B accommodation market. The company's B2C units, Webjet Online Travel Agent, or OTA, and GoSee allow retail customers to book flights, hotel accommodation, holiday packages, travel insurance, rental cars and caravans online.