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Espey Manufacturing & Electronics (Espey Manufacturing & Electronics) Shiller PE Ratio : 21.16 (As of Apr. 26, 2024)


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What is Espey Manufacturing & Electronics Shiller PE Ratio?

As of today (2024-04-26), Espey Manufacturing & Electronics's current share price is $22.64. Espey Manufacturing & Electronics's E10 for the quarter that ended in Dec. 2023 was $1.07. Espey Manufacturing & Electronics's Shiller PE Ratio for today is 21.16.

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

ESP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.52   Med: 15.55   Max: 24.26
Current: 21.16

During the past years, Espey Manufacturing & Electronics's highest Shiller PE Ratio was 24.26. The lowest was 10.52. And the median was 15.55.

ESP's Shiller PE Ratio is ranked better than
58.01% of 1710 companies
in the Industrial Products industry
Industry Median: 24.85 vs ESP: 21.16

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.

Espey Manufacturing & Electronics's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Espey Manufacturing & Electronics Shiller PE Ratio Historical Data

The historical data trend for Espey Manufacturing & Electronics'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.

Espey Manufacturing & Electronics Shiller PE Ratio Chart

Espey Manufacturing & Electronics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.05 12.35 11.83 12.27 16.41

Espey Manufacturing & Electronics 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 12.85 18.32 16.41 15.95 17.40

Competitive Comparison of Espey Manufacturing & Electronics's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Espey Manufacturing & Electronics'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.


Espey Manufacturing & Electronics's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Espey Manufacturing & Electronics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Espey Manufacturing & Electronics's Shiller PE Ratio falls into.



Espey Manufacturing & Electronics 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.

Espey Manufacturing & Electronics's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=22.64/1.07
=21.16

* 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.

Espey Manufacturing & Electronics's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Espey Manufacturing & Electronics'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)
=0.72/129.4194*129.4194
=0.720

Current CPI (Dec. 2023) = 129.4194.

Espey Manufacturing & Electronics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.310 99.695 0.402
201406 -0.310 100.560 -0.399
201409 0.400 100.428 0.515
201412 0.540 99.070 0.705
201503 0.220 99.621 0.286
201506 0.240 100.684 0.308
201509 0.380 100.392 0.490
201512 0.270 99.792 0.350
201603 0.430 100.470 0.554
201606 0.300 101.688 0.382
201609 0.180 101.861 0.229
201612 0.110 101.863 0.140
201703 0.120 102.862 0.151
201706 0.080 103.349 0.100
201709 0.190 104.136 0.236
201712 0.690 104.011 0.859
201803 0.140 105.290 0.172
201806 0.290 106.317 0.353
201809 0.030 106.507 0.036
201812 0.090 105.998 0.110
201903 0.390 107.251 0.471
201906 0.480 108.070 0.575
201909 0.030 108.329 0.036
201912 0.100 108.420 0.119
202003 -0.040 108.902 -0.048
202006 0.400 108.767 0.476
202009 0.080 109.815 0.094
202012 -0.080 109.897 -0.094
202103 -0.440 111.754 -0.510
202106 0.360 114.631 0.406
202109 0.130 115.734 0.145
202112 0.010 117.630 0.011
202203 0.270 121.301 0.288
202206 0.110 125.017 0.114
202209 0.310 125.227 0.320
202212 0.470 125.222 0.486
202303 0.350 127.348 0.356
202306 0.360 128.729 0.362
202309 0.440 129.860 0.439
202312 0.720 129.419 0.720

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.


Espey Manufacturing & Electronics  (AMEX:ESP) 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.


Espey Manufacturing & Electronics Shiller PE Ratio Related Terms

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


Espey Manufacturing & Electronics (Espey Manufacturing & Electronics) Business Description

Traded in Other Exchanges
N/A
Address
233 Ballston Avenue, Saratoga Springs, NY, USA, 12866
Espey Manufacturing & Electronics Corp designs, develops, tests, and manufactures specialized military and rugged industrial power supplies and transformers for use in harsh or severe environment applications. Its products and solutions include power converters, power conditioning, high-voltage radar, contract manufacturing, custom engineering, and others. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power.
Executives
Nancy Koskey Patzwahl director 81 OLD LANE, CLAVERACK NY 12513
Peggy A Murphy officer: Corporate Secretary 91 FEEDER DAM RD, S GLENSFALLS NY 12803
Katrina Leonore Sparano officer: Assistant Treasurer 670 ACLAND BLVD., BALLSTON SPA NY 12020
Howard M Pinsley director, officer: President/CEO, other: Chairman of the Board 233 BALLSTON AVE., SARATOGA SPRINGS NY 12866
Barry Pinsley director 6101 PELICAN BAY BLVD., NAPLES FL 34108
Alvin O Sabo director 51 ISLAND VIEW ROAD, COHOES NY 12047
Paul J Corr director 87 RAILROAD PLACE, UNIT 306, SARATOGA SPRINGS NY 12866
David A Oneil officer: Treasurer 14 BRIDGET CIRCLE, COHOES NY 12047
Sexauer Roger Nicholas Ii director 2820 BENNETT POINT RD., QUEENSTOWN MD 21658
Carl Helmetag director 330 SEA VIEW, RIVERSIDE RI 02915
Enright Patrick Thomas Jr. director, officer: President and CEO 3111 SQUAW CREEK TRAIL, BALLSTON SPA NY 12020
Michael W Wool director 131 HILLS POINT RD, CHARLOTTE VT 05402
St Pierre Mark Francis officer: President 13 SECLUDED RIDGE, SOUTHWICK MA 01077
Espey Mfg. & Electronics Corp. Employee Retirement Plan & Trust 10 percent owner, other: Retirement Plan Trust 233 BALLSTON AVE., SARATOGA SPRINGS NY 12866
Seymour Saslow director 199 CAROLINE ST, SARATOGA SPRINGS NY 12866