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Novolipetsk Steel PJSC (XKAZ:RU_NLMK) Shiller PE Ratio : 11.62 (As of Jun. 08, 2024)


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What is Novolipetsk Steel PJSC Shiller PE Ratio?

As of today (2024-06-08), Novolipetsk Steel PJSC's current share price is ₸1381.00. Novolipetsk Steel PJSC's E10 for the quarter that ended in Dec. 2021 was ₸118.82. Novolipetsk Steel PJSC's Shiller PE Ratio for today is 11.62.

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

XKAZ:RU_NLMK's Shiller PE Ratio is not ranked *
in the Steel industry.
Industry Median: 15.45
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Novolipetsk Steel PJSC's adjusted earnings per share data for the three months ended in Dec. 2021 was ₸93.135. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₸118.82 for the trailing ten years ended in Dec. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


Novolipetsk Steel PJSC Shiller PE Ratio Historical Data

The historical data trend for Novolipetsk Steel PJSC'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.

Novolipetsk Steel PJSC Shiller PE Ratio Chart

Novolipetsk Steel PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 11.80

Novolipetsk Steel PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 - 16.40 14.82 13.13 11.80

Competitive Comparison of Novolipetsk Steel PJSC's Shiller PE Ratio

For the Steel subindustry, Novolipetsk Steel PJSC'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.


Novolipetsk Steel PJSC's Shiller PE Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Novolipetsk Steel PJSC's Shiller PE Ratio falls into.



Novolipetsk Steel PJSC 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.

Novolipetsk Steel PJSC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1381.00/118.82
=11.62

* 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.

Novolipetsk Steel PJSC's E10 for the quarter that ended in Dec. 2021 is calculated as:

For example, Novolipetsk Steel PJSC's adjusted earnings per share data for the three months ended in Dec. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=93.135/207.2000*207.2000
=93.135

Current CPI (Dec. 2021) = 207.2000.

Novolipetsk Steel PJSC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201203 5.055 111.700 9.377
201206 8.205 113.600 14.965
201209 4.925 115.700 8.820
201212 -0.640 117.300 -1.131
201303 1.124 119.500 1.949
201306 1.004 121.400 1.714
201309 4.171 122.800 7.038
201312 -1.927 124.900 -3.197
201403 5.210 127.800 8.447
201406 4.788 130.900 7.579
201409 9.675 132.700 15.107
201412 2.845 139.000 4.241
201503 9.785 149.400 13.571
201506 4.940 150.900 6.783
201509 18.379 153.500 24.809
201512 4.237 157.000 5.592
201603 3.236 160.200 4.185
201606 10.392 162.200 13.275
201609 21.362 163.300 27.105
201612 17.062 165.400 21.374
201703 16.867 167.000 20.927
201706 18.173 169.200 22.254
201709 20.024 168.200 24.667
201712 23.549 169.600 28.770
201803 26.961 171.000 32.669
201806 32.035 173.100 38.346
201809 39.182 173.900 46.685
201812 31.682 176.800 37.130
201903 24.032 179.900 27.679
201906 26.428 181.200 30.220
201909 22.220 180.800 25.465
201912 12.800 182.200 14.556
202003 18.180 184.500 20.417
202006 5.217 187.000 5.781
202009 21.792 187.400 24.094
202012 39.618 191.100 42.956
202103 54.076 195.200 57.400
202106 96.977 199.100 100.922
202109 115.249 201.300 118.627
202112 93.135 207.200 93.135

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.


Novolipetsk Steel PJSC  (XKAZ:RU_NLMK) 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.


Novolipetsk Steel PJSC Shiller PE Ratio Related Terms

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Novolipetsk Steel PJSC (XKAZ:RU_NLMK) Business Description

Traded in Other Exchanges
N/A
Address
2, Metallurgov Sq., Lipetsk, RUS, 398040
Novolipetsk Steel PJSC is a Russia-based steelmaker with production assets located in Russia, Europe, and the United States. The company's metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and off shore wind turbines. The company operates through six segments, namely Mining, Russian flat products, Russian long products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. Russian flat products for over half of the company's revenue. Russia, Europe, North America, and the Middle East are the four largest markets for the company.

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