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Hellenic Exchanges - Athens Stock Exchange (ATH:EXAE) Shiller PE Ratio : 37.07 (As of May. 18, 2024)


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What is Hellenic Exchanges - Athens Stock Exchange Shiller PE Ratio?

As of today (2024-05-18), Hellenic Exchanges - Athens Stock Exchange's current share price is €5.19. Hellenic Exchanges - Athens Stock Exchange's E10 for the quarter that ended in Dec. 2023 was €0.14. Hellenic Exchanges - Athens Stock Exchange's Shiller PE Ratio for today is 37.07.

The historical rank and industry rank for Hellenic Exchanges - Athens Stock Exchange's Shiller PE Ratio or its related term are showing as below:

ATH:EXAE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.31   Med: 20.55   Max: 49.75
Current: 39.56

During the past years, Hellenic Exchanges - Athens Stock Exchange's highest Shiller PE Ratio was 49.75. The lowest was 0.31. And the median was 20.55.

ATH:EXAE's Shiller PE Ratio is ranked worse than
74.47% of 474 companies
in the Capital Markets industry
Industry Median: 19.58 vs ATH:EXAE: 39.56

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.

Hellenic Exchanges - Athens Stock Exchange's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.058. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hellenic Exchanges - Athens Stock Exchange Shiller PE Ratio Historical Data

The historical data trend for Hellenic Exchanges - Athens Stock Exchange'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.

Hellenic Exchanges - Athens Stock Exchange Shiller PE Ratio Chart

Hellenic Exchanges - Athens Stock Exchange 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 21.65 22.78 23.24 18.86 38.68

Hellenic Exchanges - Athens Stock Exchange 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 18.86 23.76 43.20 40.80 38.68

Competitive Comparison of Hellenic Exchanges - Athens Stock Exchange's Shiller PE Ratio

For the Financial Data & Stock Exchanges subindustry, Hellenic Exchanges - Athens Stock Exchange'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.


Hellenic Exchanges - Athens Stock Exchange's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hellenic Exchanges - Athens Stock Exchange's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hellenic Exchanges - Athens Stock Exchange's Shiller PE Ratio falls into.



Hellenic Exchanges - Athens Stock Exchange 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.

Hellenic Exchanges - Athens Stock Exchange's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.19/0.14
=37.07

* 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.

Hellenic Exchanges - Athens Stock Exchange's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Hellenic Exchanges - Athens Stock Exchange'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)
=0.058/116.3641*116.3641
=0.058

Current CPI (Dec. 2023) = 116.3641.

Hellenic Exchanges - Athens Stock Exchange Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.073 102.748 0.083
201406 0.132 103.060 0.149
201409 0.058 102.624 0.066
201412 0.050 100.254 0.058
201503 0.062 100.549 0.072
201506 0.021 100.838 0.024
201509 0.002 100.856 0.002
201512 0.053 100.087 0.062
201603 0.028 99.041 0.033
201606 0.021 100.121 0.024
201609 -0.020 99.878 -0.023
201612 -0.008 100.110 -0.009
201703 0.007 100.770 0.008
201706 0.020 101.138 0.023
201709 0.011 100.882 0.013
201712 0.015 100.762 0.017
201803 0.016 100.534 0.019
201806 0.026 102.121 0.030
201809 -0.008 101.982 -0.009
201812 0.012 101.330 0.014
201903 0.010 101.482 0.011
201906 0.027 101.837 0.031
201909 0.060 101.906 0.069
201912 0.003 102.120 0.003
202003 0.026 101.479 0.030
202006 0.012 100.239 0.014
202009 0.004 99.886 0.005
202012 0.022 99.751 0.026
202103 0.032 99.817 0.037
202106 0.052 101.270 0.060
202109 0.032 102.095 0.036
202112 0.020 104.853 0.022
202203 0.054 108.651 0.058
202206 0.035 113.517 0.036
202209 0.025 114.371 0.025
202212 0.024 112.428 0.025
202303 0.058 113.620 0.059
202306 0.056 115.515 0.056
202309 0.053 116.234 0.053
202312 0.058 116.364 0.058

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.


Hellenic Exchanges - Athens Stock Exchange  (ATH:EXAE) 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.


Hellenic Exchanges - Athens Stock Exchange Shiller PE Ratio Related Terms

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Hellenic Exchanges - Athens Stock Exchange (ATH:EXAE) Business Description

Traded in Other Exchanges
Address
110 Athinon Avenue, Athens, GRC, 10442
Hellenic Exchanges - Athens Stock Exchange SA or Athex Group consists of the Athens Stock Exchange as the parent company, and the Athens Exchange Clearing House and the Hellenic Central Securities Depository SA as its subsidiaries. The Athens Stock Exchange is the only stock exchange in Greece. The parent company and its subsidiaries operate the organized cash and derivatives markets, provide comprehensive informational technology solutions to the Greek capital market, and promote the development of capital markets in Greece. The group's revenue derives from its operational functions including listing, trading, clearing and settling, as well as depository services.

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