GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Altria Group Inc (FRA:PHM7) » Definitions » Shiller PE Ratio

Altria Group (FRA:PHM7) Shiller PE Ratio : 11.15 (As of May. 04, 2024)


View and export this data going back to 1985. Start your Free Trial

What is Altria Group Shiller PE Ratio?

As of today (2024-05-04), Altria Group's current share price is €40.35. Altria Group's E10 for the quarter that ended in Mar. 2024 was €3.62. Altria Group's Shiller PE Ratio for today is 11.15.

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

FRA:PHM7' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.01   Med: 14.84   Max: 25.59
Current: 11.16

During the past years, Altria Group's highest Shiller PE Ratio was 25.59. The lowest was 9.01. And the median was 14.84.

FRA:PHM7's Shiller PE Ratio is ranked better than
64% of 25 companies
in the Tobacco Products industry
Industry Median: 12.8 vs FRA:PHM7: 11.16

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.

Altria Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.113. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altria Group Shiller PE Ratio Historical Data

The historical data trend for Altria 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.

Altria Group Shiller PE Ratio Chart

Altria 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 16.15 13.01 14.33 12.78 10.45

Altria 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 12.23 12.16 11.10 10.45 11.17

Competitive Comparison of Altria Group's Shiller PE Ratio

For the Tobacco subindustry, Altria 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.


Altria Group's Shiller PE Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Shiller PE Ratio distribution charts can be found below:

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



Altria 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.

Altria Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=40.35/3.62
=11.15

* 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.

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

For example, Altria 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)
=1.113/129.4194*129.4194
=1.113

Current CPI (Mar. 2024) = 129.4194.

Altria Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.471 100.560 0.606
201409 0.551 100.428 0.710
201412 0.511 99.070 0.668
201503 0.480 99.621 0.624
201506 0.659 100.684 0.847
201509 0.695 100.392 0.896
201512 0.588 99.792 0.763
201603 0.557 100.470 0.717
201606 0.748 101.688 0.952
201609 0.499 101.861 0.634
201612 4.986 101.863 6.335
201703 0.673 102.862 0.847
201706 0.917 103.349 1.148
201709 0.814 104.136 1.012
201712 2.189 104.011 2.724
201803 0.811 105.290 0.997
201806 0.847 106.317 1.031
201809 0.883 106.507 1.073
201812 0.580 105.998 0.708
201903 0.531 107.251 0.641
201906 0.947 108.070 1.134
201909 -1.262 108.329 -1.508
201912 -0.900 108.420 -1.074
202003 0.751 108.902 0.892
202006 0.924 108.767 1.099
202009 -0.433 109.815 -0.510
202012 0.847 109.897 0.997
202103 0.647 111.754 0.749
202106 0.963 114.631 1.087
202109 -1.258 115.734 -1.407
202112 0.779 117.630 0.857
202203 0.981 121.301 1.047
202206 0.464 125.017 0.480
202209 0.121 125.227 0.125
202212 1.416 125.222 1.463
202303 0.934 127.348 0.949
202306 1.098 128.729 1.104
202309 1.143 129.860 1.139
202312 1.073 129.419 1.073
202403 1.113 129.419 1.113

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.


Altria Group  (FRA:PHM7) 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.


Altria Group Shiller PE Ratio Related Terms

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


Altria Group (FRA:PHM7) Business Description

Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.

Altria Group (FRA:PHM7) Headlines

No Headlines