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Janus Henderson Group (FRA:HDJA) Shiller PE Ratio : 12.03 (As of May. 17, 2024)


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What is Janus Henderson Group Shiller PE Ratio?

As of today (2024-05-17), Janus Henderson Group's current share price is €30.80. Janus Henderson Group's E10 for the quarter that ended in Mar. 2024 was €2.56. Janus Henderson Group's Shiller PE Ratio for today is 12.03.

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

FRA:HDJA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.44   Med: 9.64   Max: 12.18
Current: 12.04

During the past years, Janus Henderson Group's highest Shiller PE Ratio was 12.18. The lowest was 7.44. And the median was 9.64.

FRA:HDJA's Shiller PE Ratio is ranked better than
54.88% of 758 companies
in the Asset Management industry
Industry Median: 13.05 vs FRA:HDJA: 12.04

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.

Janus Henderson Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.745. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Janus Henderson Group Shiller PE Ratio Historical Data

The historical data trend for Janus Henderson Group'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.

Janus Henderson Group Shiller PE Ratio Chart

Janus Henderson Group 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 - - - 8.54 10.74

Janus Henderson Group 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 9.64 9.74 9.24 10.74 11.57

Competitive Comparison of Janus Henderson Group's Shiller PE Ratio

For the Asset Management subindustry, Janus Henderson Group'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.


Janus Henderson Group's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Janus Henderson Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Janus Henderson Group's Shiller PE Ratio falls into.



Janus Henderson Group 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.

Janus Henderson Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=30.80/2.56
=12.03

* 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.

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

For example, Janus Henderson Group'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)
=0.745/131.6000*131.6000
=0.745

Current CPI (Mar. 2024) = 131.6000.

Janus Henderson Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201206 0.000 95.600 0.000
201212 0.000 97.300 0.000
201306 0.000 98.000 0.000
201312 0.000 99.200 0.000
201406 0.000 99.800 0.000
201412 0.000 99.900 0.000
201506 0.000 100.100 0.000
201512 0.000 100.400 0.000
201606 0.365 101.000 0.476
201609 0.410 101.500 0.532
201612 0.313 102.200 0.403
201703 0.355 102.700 0.455
201706 0.249 103.500 0.317
201709 0.411 104.300 0.519
201712 1.960 105.000 2.457
201803 0.665 105.100 0.833
201806 0.599 105.900 0.744
201809 0.471 106.600 0.581
201812 0.473 107.100 0.581
201903 0.425 107.000 0.523
201906 0.496 107.900 0.605
201909 0.527 108.400 0.640
201912 0.531 108.500 0.644
202003 -1.222 108.600 -1.481
202006 0.488 108.800 0.590
202009 0.552 109.200 0.665
202012 0.838 109.400 1.008
202103 0.739 109.700 0.887
202106 0.656 111.400 0.775
202109 0.969 112.400 1.135
202112 0.689 114.700 0.791
202203 0.554 116.500 0.626
202206 0.539 120.500 0.589
202209 0.657 122.300 0.707
202212 0.368 125.300 0.387
202303 0.495 126.800 0.514
202306 0.498 129.400 0.506
202309 0.525 130.100 0.531
202312 0.675 130.500 0.681
202403 0.745 131.600 0.745

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.


Janus Henderson Group  (FRA:HDJA) 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.


Janus Henderson Group Shiller PE Ratio Related Terms

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


Janus Henderson Group (FRA:HDJA) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Janus Henderson Group provides investment management services to retail intermediary (54% of managed assets), self-directed (23%) and institutional (23%) clients. At the end of September, active equities (61%), fixed-income (21%), multi-asset (15%) and alternative (3%) investment platforms constituted the company's USD 308.3 billion in assets under management. Janus Henderson sources 59% of its managed assets from clients in North America, with customers from Europe, the Middle East, Africa, and Latin America (31%) and the Asia-Pacific region (10%) accounting for the remainder. Headquartered in London, JHG is dual-listed on the New York Stock Exchange and the Australian Securities Exchange.

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