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Avista (FRA:AV6) Shiller PE Ratio : 14.18 (As of May. 08, 2024)


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What is Avista Shiller PE Ratio?

As of today (2024-05-08), Avista's current share price is €34.60. Avista's E10 for the quarter that ended in Mar. 2024 was €2.44. Avista's Shiller PE Ratio for today is 14.18.

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

FRA:AV6' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.89   Med: 19.56   Max: 26.88
Current: 14.14

During the past years, Avista's highest Shiller PE Ratio was 26.88. The lowest was 11.89. And the median was 19.56.

FRA:AV6's Shiller PE Ratio is ranked better than
58.61% of 389 companies
in the Utilities - Regulated industry
Industry Median: 15.97 vs FRA:AV6: 14.14

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.

Avista's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.837. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avista Shiller PE Ratio Historical Data

The historical data trend for Avista'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.

Avista Shiller PE Ratio Chart

Avista 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 21.57 17.80 17.59 16.95 13.31

Avista 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 16.07 14.89 12.19 13.31 13.11

Competitive Comparison of Avista's Shiller PE Ratio

For the Utilities - Diversified subindustry, Avista'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.


Avista's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Avista's Shiller PE Ratio distribution charts can be found below:

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



Avista 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.

Avista's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.60/2.44
=14.18

* 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.

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

For example, Avista'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)
=0.837/129.4194*129.4194
=0.837

Current CPI (Mar. 2024) = 129.4194.

Avista Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.229 100.560 1.582
201409 0.124 100.428 0.160
201412 0.414 99.070 0.541
201503 0.684 99.621 0.889
201506 0.356 100.684 0.458
201509 0.187 100.392 0.241
201512 0.569 99.792 0.738
201603 0.826 100.470 1.064
201606 0.383 101.688 0.487
201609 0.169 101.861 0.215
201612 0.588 101.863 0.747
201703 0.898 102.862 1.130
201706 0.303 103.349 0.379
201709 0.059 104.136 0.073
201712 0.355 104.011 0.442
201803 0.673 105.290 0.827
201806 0.334 106.317 0.407
201809 0.129 106.507 0.157
201812 0.613 105.998 0.748
201903 1.558 107.251 1.880
201906 0.336 108.070 0.402
201909 0.073 108.329 0.087
201912 0.680 108.420 0.812
202003 0.652 108.902 0.775
202006 0.231 108.767 0.275
202009 0.059 109.815 0.070
202012 0.707 109.897 0.833
202103 0.823 111.754 0.953
202106 0.166 114.631 0.187
202109 0.170 115.734 0.190
202112 0.628 117.630 0.691
202203 0.899 121.301 0.959
202206 0.151 125.017 0.156
202209 -0.081 125.227 -0.084
202212 1.001 125.222 1.035
202303 0.682 127.348 0.693
202306 0.212 128.729 0.213
202309 0.178 129.860 0.177
202312 1.000 129.419 1.000
202403 0.837 129.419 0.837

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.


Avista  (FRA:AV6) 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.


Avista Shiller PE Ratio Related Terms

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


Avista (FRA:AV6) Business Description

Traded in Other Exchanges
Address
1411 East Mission Avenue, Spokane, WA, USA, 99202-2600
Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon and Montana. AEL&P is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.

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