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CEZ a.s (FRA:CEZ) Shiller PE Ratio : 19.32 (As of May. 13, 2024)


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What is CEZ a.s Shiller PE Ratio?

As of today (2024-05-13), CEZ a.s's current share price is €37.10. CEZ a.s's E10 for the quarter that ended in Dec. 2023 was €1.92. CEZ a.s's Shiller PE Ratio for today is 19.32.

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

FRA:CEZ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.2   Med: 15.79   Max: 26.44
Current: 18.62

During the past years, CEZ a.s's highest Shiller PE Ratio was 26.44. The lowest was 6.20. And the median was 15.79.

FRA:CEZ's Shiller PE Ratio is ranked better than
54.36% of 195 companies
in the Utilities - Independent Power Producers industry
Industry Median: 19.94 vs FRA:CEZ: 18.62

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.

CEZ a.s's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.016. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEZ a.s Shiller PE Ratio Historical Data

The historical data trend for CEZ a.s'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.

CEZ a.s Shiller PE Ratio Chart

CEZ a.s 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 8.42 11.09 19.62 15.38 19.78

CEZ a.s 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 15.38 21.62 18.51 19.79 19.78

Competitive Comparison of CEZ a.s's Shiller PE Ratio

For the Utilities - Renewable subindustry, CEZ a.s'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.


CEZ a.s's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CEZ a.s's Shiller PE Ratio distribution charts can be found below:

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



CEZ a.s 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.

CEZ a.s's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=37.10/1.92
=19.32

* 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.

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

For example, CEZ a.s'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)
=-0.016/129.4194*129.4194
=-0.016

Current CPI (Dec. 2023) = 129.4194.

CEZ a.s Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.679 99.695 0.881
201406 0.503 100.560 0.647
201409 0.174 100.428 0.224
201412 0.174 99.070 0.227
201503 0.516 99.621 0.670
201506 0.538 100.684 0.692
201509 0.089 100.392 0.115
201512 0.281 99.792 0.364
201603 0.682 100.470 0.879
201606 0.259 101.688 0.330
201609 0.055 101.861 0.070
201612 -0.011 101.863 -0.014
201703 0.591 102.862 0.744
201706 0.552 103.349 0.691
201709 -0.015 104.136 -0.019
201712 0.195 104.011 0.243
201803 0.523 105.290 0.643
201806 0.027 106.317 0.033
201809 0.109 106.507 0.132
201812 0.097 105.998 0.118
201903 0.717 107.251 0.865
201906 0.258 108.070 0.309
201909 0.008 108.329 0.010
201912 0.067 108.420 0.080
202003 0.971 108.902 1.154
202006 0.045 108.767 0.054
202009 -0.082 109.815 -0.097
202012 -0.555 109.897 -0.654
202103 0.599 111.754 0.694
202106 -0.511 114.631 -0.577
202109 0.374 115.734 0.418
202112 0.242 117.630 0.266
202203 1.992 121.301 2.125
202206 0.522 125.017 0.540
202209 1.416 125.227 1.463
202212 2.183 125.222 2.256
202303 0.849 127.348 0.863
202306 0.899 128.729 0.904
202309 0.575 129.860 0.573
202312 -0.016 129.419 -0.016

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.


CEZ a.s  (FRA:CEZ) 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.


CEZ a.s Shiller PE Ratio Related Terms

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


CEZ a.s (FRA:CEZ) Business Description

Address
Duhova 2/1444, Prague 4, CZE, 140 53
CEZ a.s is a Czech energy company of which the government of the Czech Republic is the majority shareholder. Its core business is the generation, distribution, trade, and sale of electricity and heat. With its subsidiaries, the company operates a portfolio of both conventional and renewable energy power plants. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. Most of its revenue gets derived from the Generation segment.

CEZ a.s (FRA:CEZ) Headlines

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