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Bayer AG (BUE:BAYN) Shiller PE Ratio : 11.24 (As of May. 16, 2024)


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What is Bayer AG Shiller PE Ratio?

As of today (2024-05-16), Bayer AG's current share price is ARS3800.00. Bayer AG's E10 for the quarter that ended in Mar. 2024 was ARS338.16. Bayer AG's Shiller PE Ratio for today is 11.24.

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

BUE:BAYN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.33   Med: 19.88   Max: 45.7
Current: 11.6

During the past years, Bayer AG's highest Shiller PE Ratio was 45.70. The lowest was 10.33. And the median was 19.88.

BUE:BAYN's Shiller PE Ratio is ranked better than
83.9% of 534 companies
in the Drug Manufacturers industry
Industry Median: 24.825 vs BUE:BAYN: 11.60

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.

Bayer AG's adjusted earnings per share data for the three months ended in Mar. 2024 was ARS1,868.152. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS338.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayer AG Shiller PE Ratio Historical Data

The historical data trend for Bayer 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.

Bayer AG Shiller PE Ratio Chart

Bayer 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 17.18 16.10 16.28 15.09 13.25

Bayer AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.63 16.71 18.32 13.25 11.24

Competitive Comparison of Bayer AG's Shiller PE Ratio

For the Drug Manufacturers - General subindustry, Bayer 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.


Bayer AG's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bayer AG's Shiller PE Ratio distribution charts can be found below:

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



Bayer 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.

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

Shiller PE Ratio=Share Price/ E10
=3800.00/338.16
=11.24

* 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.

Bayer AG's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Bayer AG's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1868.152/123.6675*123.6675
=1,868.152

Current CPI (Mar. 2024) = 123.6675.

Bayer AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 12.695 99.543 15.772
201409 10.849 99.823 13.441
201412 2.847 99.543 3.537
201503 15.463 99.717 19.177
201506 14.277 100.417 17.583
201509 12.769 100.417 15.726
201512 10.433 99.717 12.939
201603 29.761 100.017 36.799
201606 26.232 100.717 32.210
201609 23.940 101.017 29.308
201612 8.528 101.217 10.420
201703 39.408 101.417 48.054
201706 25.566 102.117 30.961
201709 91.481 102.717 110.140
201712 3.842 102.617 4.630
201803 54.907 102.917 65.977
201806 25.348 104.017 30.137
201809 125.812 104.718 148.579
201812 -182.734 104.217 -216.838
201903 56.095 104.217 66.564
201906 20.699 105.718 24.214
201909 64.672 106.018 75.439
201912 95.638 105.818 111.771
202003 104.249 105.718 121.950
202006 -749.359 106.618 -869.192
202009 -243.969 105.818 -285.123
202012 31.681 105.518 37.130
202103 228.417 107.518 262.726
202106 -271.635 108.486 -309.648
202109 10.353 109.435 11.699
202112 134.653 110.384 150.858
202203 396.141 113.968 429.855
202206 -38.160 115.760 -40.767
202209 77.042 118.818 80.187
202212 110.109 119.345 114.097
202303 469.551 122.402 474.404
202306 -499.242 123.140 -501.379
202309 -1,740.413 124.195 -1,733.026
202312 539.335 123.668 539.335
202403 1,868.152 123.668 1,868.152

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.


Bayer AG  (BUE:BAYN) 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.


Bayer AG Shiller PE Ratio Related Terms

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Bayer AG (BUE:BAYN) Business Description

Address
Kaiser-Wilhelm-Allee 1, Leverkusen, NW, DEU, 51368
Bayer is a German healthcare and agriculture conglomerate. Healthcare provides close to half of the company's sales and includes pharmaceutical drugs as well as vitamins and other consumer healthcare products. The firm also has a crop science business that includes seeds, pesticides, herbicides, and fungicides, which was expanded through the acquisition of Monsanto.

Bayer AG (BUE:BAYN) Headlines