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K2 LT AB (OVSE:K2LT) Shiller PE Ratio : 11.51 (As of May. 04, 2024)


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What is K2 LT AB Shiller PE Ratio?

As of today (2024-05-04), K2 LT AB's current share price is €25.20. K2 LT AB's E10 for the fiscal year that ended in Dec23 was €2.19. K2 LT AB's Shiller PE Ratio for today is 11.51.

The historical rank and industry rank for K2 LT AB's Shiller PE Ratio or its related term are showing as below:

OVSE:K2LT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.5   Med: 12.2   Max: 13.37
Current: 11.4

During the past 11 years, K2 LT AB's highest Shiller PE Ratio was 13.37. The lowest was 10.50. And the median was 12.20.

OVSE:K2LT's Shiller PE Ratio is ranked better than
71.11% of 45 companies
in the Personal Services industry
Industry Median: 19.28 vs OVSE:K2LT: 11.40

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.

K2 LT AB's adjusted earnings per share data of for the fiscal year that ended in Dec23 was €1.725. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.19 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


K2 LT AB Shiller PE Ratio Historical Data

The historical data trend for K2 LT AB'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.

K2 LT AB Shiller PE Ratio Chart

K2 LT AB 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 - - - 13.15 10.85

K2 LT AB Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - 13.15 - 10.85

Competitive Comparison of K2 LT AB's Shiller PE Ratio

For the Personal Services subindustry, K2 LT AB'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.


K2 LT AB's Shiller PE Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, K2 LT AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where K2 LT AB's Shiller PE Ratio falls into.



K2 LT AB 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.

K2 LT AB's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.20/2.19
=11.51

* 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.

K2 LT AB's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, K2 LT AB's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.725/129.4194*129.4194
=1.725

Current CPI (Dec23) = 129.4194.

K2 LT AB Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 1.253 99.070 1.637
201512 1.802 99.792 2.337
201612 1.800 101.863 2.287
201712 1.089 104.011 1.355
201812 0.501 105.998 0.612
201912 1.622 108.420 1.936
202012 3.048 109.897 3.589
202112 3.707 117.630 4.079
202212 2.299 125.222 2.376
202312 1.725 129.419 1.725

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.


K2 LT AB  (OVSE:K2LT) 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.


K2 LT AB Shiller PE Ratio Related Terms

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K2 LT AB (OVSE:K2LT) Business Description

Traded in Other Exchanges
N/A
Address
Metalistu Street 3, Kedainiai, LTU, LT-57241
K2 LT AB is a funeral company engaged in carrying out the cremation. It provides services like storage remains, farewell rooms, and others. The company provides different types of Urns and cremation coffins with different price ranges.

K2 LT AB (OVSE:K2LT) Headlines

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