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Manila Electric Co (Manila Electric Co) Shiller PE Ratio : 14.47 (As of Jun. 05, 2024)


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What is Manila Electric Co Shiller PE Ratio?

As of today (2024-06-05), Manila Electric Co's current share price is $12.88. Manila Electric Co's E10 for the quarter that ended in Mar. 2024 was $0.89. Manila Electric Co's Shiller PE Ratio for today is 14.47.

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

MAEOY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.66   Med: 16.1   Max: 26.28
Current: 14.97

During the past years, Manila Electric Co's highest Shiller PE Ratio was 26.28. The lowest was 11.66. And the median was 16.10.

MAEOY's Shiller PE Ratio is ranked better than
53.75% of 387 companies
in the Utilities - Regulated industry
Industry Median: 15.66 vs MAEOY: 14.97

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.

Manila Electric Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manila Electric Co Shiller PE Ratio Historical Data

The historical data trend for Manila Electric Co'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.

Manila Electric Co Shiller PE Ratio Chart

Manila Electric Co 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 18.47 16.38 14.94 13.82 16.82

Manila Electric Co 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 13.99 14.75 15.75 16.82 14.55

Competitive Comparison of Manila Electric Co's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Manila Electric Co'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.


Manila Electric Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Manila Electric Co's Shiller PE Ratio falls into.



Manila Electric Co 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.

Manila Electric Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=12.88/0.89
=14.47

* 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.

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

For example, Manila Electric Co'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)
=0.29/131.7762*131.7762
=0.290

Current CPI (Mar. 2024) = 131.7762.

Manila Electric Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.170 100.560 0.223
201409 0.141 100.428 0.185
201412 0.113 99.070 0.150
201503 0.134 99.621 0.177
201506 0.222 100.684 0.291
201509 0.133 100.392 0.175
201512 0.089 99.792 0.118
201603 0.137 100.470 0.180
201606 0.188 101.688 0.244
201609 0.148 101.861 0.191
201612 0.106 101.863 0.137
201703 0.146 102.862 0.187
201706 0.172 103.349 0.219
201709 0.164 104.136 0.208
201712 0.135 104.011 0.171
201803 0.161 105.290 0.202
201806 0.201 106.317 0.249
201809 0.189 106.507 0.234
201812 0.145 105.998 0.180
201903 0.171 107.251 0.210
201906 0.192 108.070 0.234
201909 0.191 108.329 0.232
201912 0.150 108.420 0.182
202003 0.079 108.902 0.096
202006 0.128 108.767 0.155
202009 0.133 109.815 0.160
202012 0.153 109.897 0.183
202103 0.131 111.754 0.154
202106 0.170 114.631 0.195
202109 0.199 115.734 0.227
202112 0.211 117.630 0.236
202203 0.193 121.301 0.210
202206 0.204 125.017 0.215
202209 0.201 125.227 0.212
202212 0.262 125.222 0.276
202303 0.244 127.348 0.252
202306 0.296 128.729 0.303
202309 0.319 129.860 0.324
202312 0.291 129.419 0.296
202403 0.290 131.776 0.290

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.


Manila Electric Co  (OTCPK:MAEOY) 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.


Manila Electric Co Shiller PE Ratio Related Terms

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


Manila Electric Co (Manila Electric Co) Business Description

Traded in Other Exchanges
Address
Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605
Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

Manila Electric Co (Manila Electric Co) Headlines

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