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Ambev (BUE:ABEV) Shiller PE Ratio : 13.54 (As of May. 05, 2024)


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What is Ambev Shiller PE Ratio?

As of today (2024-05-05), Ambev's current share price is ARS8202.50. Ambev's E10 for the quarter that ended in Dec. 2023 was ARS605.98. Ambev's Shiller PE Ratio for today is 13.54.

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

BUE:ABEV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.72   Med: 24   Max: 54.06
Current: 12.18

During the past years, Ambev's highest Shiller PE Ratio was 54.06. The lowest was 11.72. And the median was 24.00.

BUE:ABEV's Shiller PE Ratio is ranked better than
83.58% of 134 companies
in the Beverages - Alcoholic industry
Industry Median: 23.81 vs BUE:ABEV: 12.18

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.

Ambev's adjusted earnings per share data for the three months ended in Dec. 2023 was ARS20.629. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS605.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ambev Shiller PE Ratio Historical Data

The historical data trend for Ambev'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.

Ambev Shiller PE Ratio Chart

Ambev 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 23.13 18.77 16.37 14.34 13.51

Ambev 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 14.34 13.91 14.93 12.65 13.51

Competitive Comparison of Ambev's Shiller PE Ratio

For the Beverages - Brewers subindustry, Ambev'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.


Ambev's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ambev's Shiller PE Ratio distribution charts can be found below:

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



Ambev 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.

Ambev's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8202.50/605.98
=13.54

* 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.

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

For example, Ambev'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)
=20.629/156.2729*156.2729
=20.629

Current CPI (Dec. 2023) = 156.2729.

Ambev Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.546 90.447 0.943
201406 0.509 91.838 0.866
201409 0.648 92.602 1.094
201412 0.939 94.194 1.558
201503 0.505 97.799 0.807
201506 0.467 100.006 0.730
201509 0.458 101.392 0.706
201512 0.867 104.247 1.300
201603 0.711 106.979 1.039
201606 0.531 108.851 0.762
201609 0.871 109.986 1.238
201612 1.418 110.802 2.000
201703 0.690 111.869 0.964
201706 0.650 112.115 0.906
201709 0.000 112.777 0.000
201712 1.159 114.068 1.588
201803 0.983 114.868 1.337
201806 0.962 117.038 1.284
201809 1.596 117.881 2.116
201812 2.039 118.340 2.693
201903 1.708 120.124 2.222
201906 1.841 120.977 2.378
201909 2.140 121.292 2.757
201912 3.786 123.436 4.793
202003 0.874 124.092 1.101
202006 1.020 123.557 1.290
202009 1.970 125.095 2.461
202012 6.802 129.012 8.239
202103 2.644 131.660 3.138
202106 3.429 133.871 4.003
202109 4.149 137.913 4.701
202112 4.286 141.992 4.717
202203 4.645 146.537 4.954
202206 4.465 149.784 4.658
202209 5.196 147.800 5.494
202212 10.547 150.207 10.973
202303 8.856 153.352 9.025
202306 7.808 154.519 7.897
202309 17.495 155.464 17.586
202312 20.629 156.273 20.629

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.


Ambev  (BUE:ABEV) 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.


Ambev Shiller PE Ratio Related Terms

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Ambev (BUE:ABEV) Business Description

Traded in Other Exchanges
Address
Rua Doutor Renato Paes de Barros, 1017, 3rd Floor, Sao Paulo, SP, BRA, 04530-001
Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now AB InBev) a controlling interest of 61.8% as at the end of 2022.

Ambev (BUE:ABEV) Headlines

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