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Nutrien (TSX:NTR) Shiller PE Ratio : 12.81 (As of May. 08, 2024)


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What is Nutrien Shiller PE Ratio?

As of today (2024-05-08), Nutrien's current share price is C$75.82. Nutrien's E10 for the quarter that ended in Dec. 2023 was C$5.92. Nutrien's Shiller PE Ratio for today is 12.81.

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

TSX:NTR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.72   Med: 13.47   Max: 29.18
Current: 12.82

During the past years, Nutrien's highest Shiller PE Ratio was 29.18. The lowest was 7.72. And the median was 13.47.

TSX:NTR's Shiller PE Ratio is ranked better than
70.78% of 154 companies
in the Agriculture industry
Industry Median: 16.62 vs TSX:NTR: 12.82

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.

Nutrien's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$5.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nutrien Shiller PE Ratio Historical Data

The historical data trend for Nutrien'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.

Nutrien Shiller PE Ratio Chart

Nutrien 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 11.96 12.88 20.53 16.41 12.62

Nutrien Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 16.41 16.47 13.01 14.11 12.62

Competitive Comparison of Nutrien's Shiller PE Ratio

For the Agricultural Inputs subindustry, Nutrien'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.


Nutrien's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nutrien's Shiller PE Ratio distribution charts can be found below:

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



Nutrien 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.

Nutrien's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=75.82/5.92
=12.81

* 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.

Nutrien's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Nutrien's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.47/125.4675*125.4675
=0.470

Current CPI (Dec. 2023) = 125.4675.

Nutrien Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.111 98.604 1.414
201406 1.516 99.473 1.912
201409 1.046 99.394 1.320
201412 1.413 98.367 1.802
201503 1.388 99.789 1.745
201506 1.546 100.500 1.930
201509 1.128 100.421 1.409
201512 0.823 99.947 1.033
201603 0.298 101.054 0.370
201606 0.451 102.002 0.555
201609 0.328 101.765 0.404
201612 0.233 101.449 0.288
201703 0.602 102.634 0.736
201706 0.798 103.029 0.972
201709 0.184 103.345 0.223
201712 -0.287 103.345 -0.348
201803 -0.002 105.004 -0.002
201806 2.940 105.557 3.495
201809 -2.216 105.636 -2.632
201812 7.014 105.399 8.350
201903 0.094 106.979 0.110
201906 1.953 107.690 2.275
201909 0.318 107.611 0.371
201912 -0.105 107.769 -0.122
202003 -0.084 107.927 -0.098
202006 1.816 108.401 2.102
202009 -1.363 108.164 -1.581
202012 0.704 108.559 0.814
202103 0.277 110.298 0.315
202106 2.371 111.720 2.663
202109 1.584 112.905 1.760
202112 2.701 113.774 2.979
202203 3.152 117.646 3.362
202206 8.335 120.806 8.657
202209 3.922 120.648 4.079
202212 2.921 120.964 3.030
202303 1.560 122.702 1.595
202306 1.182 124.203 1.194
202309 0.203 125.230 0.203
202312 0.470 125.468 0.470

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.


Nutrien  (TSX:NTR) 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.


Nutrien Shiller PE Ratio Related Terms

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


Nutrien (TSX:NTR) Business Description

Traded in Other Exchanges
Address
211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.
Executives
Noralee Bradley Senior Officer

Nutrien (TSX:NTR) Headlines