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Vale (VALE) Shiller PE Ratio : (As of Apr. 29, 2024)


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What is Vale Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vale Shiller PE Ratio Historical Data

The historical data trend for Vale'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.

Vale Shiller PE Ratio Chart

Vale 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 22.50 43.40 22.24 16.10 11.56

Vale 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 14.24 11.18 11.59 11.56 -

Competitive Comparison of Vale's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Vale'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.


Vale's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vale's Shiller PE Ratio distribution charts can be found below:

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



Vale 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.

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

For example, Vale'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)
=0.39/156.2729*156.2729
=0.390

Current CPI (Mar. 2024) = 156.2729.

Vale Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.280 91.838 0.476
201409 -0.280 92.602 -0.473
201412 -0.360 94.194 -0.597
201503 -0.610 97.799 -0.975
201506 0.330 100.006 0.516
201509 -0.410 101.392 -0.632
201512 -1.640 104.247 -2.458
201603 0.340 106.979 0.497
201606 0.210 108.851 0.301
201609 0.110 109.986 0.156
201612 0.100 110.802 0.141
201703 0.480 111.869 0.671
201706 0.000 112.115 0.000
201709 0.430 112.777 0.596
201712 0.150 114.068 0.206
201803 0.300 114.868 0.408
201806 0.010 117.038 0.013
201809 0.270 117.881 0.358
201812 0.730 118.340 0.964
201903 -0.320 120.124 -0.416
201906 -0.030 120.977 -0.039
201909 0.320 121.292 0.412
201912 -0.300 123.436 -0.380
202003 0.050 124.092 0.063
202006 0.190 123.557 0.240
202009 0.570 125.095 0.712
202012 0.140 129.012 0.170
202103 1.080 131.660 1.282
202106 1.490 133.871 1.739
202109 0.760 137.913 0.861
202112 1.110 141.992 1.222
202203 0.930 146.537 0.992
202206 1.320 149.784 1.377
202209 0.980 147.800 1.036
202212 0.830 150.207 0.864
202303 0.410 153.352 0.418
202306 0.200 154.519 0.202
202309 0.660 155.464 0.663
202312 0.560 156.273 0.560
202403 0.390 156.273 0.390

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.


Vale  (NYSE:VALE) 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.


Vale Shiller PE Ratio Related Terms

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Vale (VALE) Business Description

Address
Praia de Botafogo, 186, Salas 501 a 1901, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in its base metals business, which is expected to become effective early in 2024, and which is likely the first step in separating base metals and iron ore.

Vale (VALE) Headlines

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