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Frontline (FRA:HF6) Shiller PE Ratio : 148.53 (As of Jun. 05, 2024)


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What is Frontline Shiller PE Ratio?

As of today (2024-06-05), Frontline's current share price is €25.25. Frontline's E10 for the quarter that ended in Mar. 2024 was €0.17. Frontline's Shiller PE Ratio for today is 148.53.

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

FRA:HF6' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.05   Max: 2415
Current: 149.71

During the past years, Frontline's highest Shiller PE Ratio was 2415.00. The lowest was 0.32. And the median was 1.05.

FRA:HF6's Shiller PE Ratio is ranked worse than
96.42% of 419 companies
in the Oil & Gas industry
Industry Median: 17.22 vs FRA:HF6: 149.71

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.

Frontline'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 €0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontline Shiller PE Ratio Historical Data

The historical data trend for Frontline'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.

Frontline Shiller PE Ratio Chart

Frontline 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 - - - - 2,443.15

Frontline 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 - - - 2,443.15 130.21

Competitive Comparison of Frontline's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, Frontline'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.


Frontline's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Frontline's Shiller PE Ratio distribution charts can be found below:

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



Frontline 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.

Frontline's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.25/0.17
=148.53

* 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.

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

For example, Frontline'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)
=0.745/131.7762*131.7762
=0.745

Current CPI (Mar. 2024) = 131.7762.

Frontline Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -2.981 100.560 -3.906
201409 -2.328 100.428 -3.055
201412 -0.487 99.070 -0.648
201503 1.155 99.621 1.528
201506 0.390 100.684 0.510
201509 0.401 100.392 0.526
201512 0.344 99.792 0.454
201603 0.449 100.470 0.589
201606 0.080 101.688 0.104
201609 0.027 101.861 0.035
201612 0.114 101.863 0.147
201703 0.150 102.862 0.192
201706 -0.098 103.349 -0.125
201709 -0.117 104.136 -0.148
201712 -1.234 104.011 -1.563
201803 -0.065 105.290 -0.081
201806 -0.111 106.317 -0.138
201809 0.009 106.507 0.011
201812 0.132 105.998 0.164
201903 0.212 107.251 0.260
201906 0.000 108.070 0.000
201909 -0.054 108.329 -0.066
201912 0.135 108.420 0.164
202003 0.760 108.902 0.920
202006 0.897 108.767 1.087
202009 0.246 109.815 0.295
202012 -0.041 109.897 -0.049
202103 0.126 111.754 0.149
202106 -0.108 114.631 -0.124
202109 -0.145 115.734 -0.165
202112 0.089 117.630 0.100
202203 0.127 121.301 0.138
202206 0.237 125.017 0.250
202209 0.707 125.227 0.744
202212 1.020 125.222 1.073
202303 0.841 127.348 0.870
202306 0.951 128.729 0.974
202309 0.450 129.860 0.457
202312 0.981 129.419 0.999
202403 0.745 131.776 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.


Frontline  (FRA:HF6) 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.


Frontline Shiller PE Ratio Related Terms

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


Frontline (FRA:HF6) Business Description

Address
8, John Kennedy Street, 7th floor, Iris House, Office 740B, Limassol, CYP, 3106
Frontline Plc is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.

Frontline (FRA:HF6) Headlines

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