GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Benchmark Electronics Inc (NYSE:BHE) » Definitions » Shiller PE Ratio
中文

Benchmark Electronics (Benchmark Electronics) Shiller PE Ratio : 25.71 (As of Apr. 25, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Benchmark Electronics Shiller PE Ratio?

As of today (2024-04-25), Benchmark Electronics's current share price is $30.59. Benchmark Electronics's E10 for the quarter that ended in Dec. 2023 was $1.19. Benchmark Electronics's Shiller PE Ratio for today is 25.71.

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

BHE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.16   Med: 23.16   Max: 40.39
Current: 25.66

During the past years, Benchmark Electronics's highest Shiller PE Ratio was 40.39. The lowest was 15.16. And the median was 23.16.

BHE's Shiller PE Ratio is ranked worse than
54.87% of 1354 companies
in the Hardware industry
Industry Median: 23.25 vs BHE: 25.66

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.

Benchmark Electronics's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Benchmark Electronics Shiller PE Ratio Historical Data

The historical data trend for Benchmark 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.

Benchmark Electronics Shiller PE Ratio Chart

Benchmark Electronics 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 30.24 26.05 24.56 21.55 23.19

Benchmark 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 21.55 18.70 19.89 18.51 23.19

Competitive Comparison of Benchmark Electronics's Shiller PE Ratio

For the Electronic Components subindustry, Benchmark 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.


Benchmark Electronics's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Benchmark Electronics's Shiller PE Ratio distribution charts can be found below:

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



Benchmark 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.

Benchmark Electronics's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=30.59/1.19
=25.71

* 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.

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

For example, Benchmark 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)
=0.49/129.4194*129.4194
=0.490

Current CPI (Dec. 2023) = 129.4194.

Benchmark Electronics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.350 99.695 0.454
201406 0.410 100.560 0.528
201409 0.310 100.428 0.399
201412 0.450 99.070 0.588
201503 0.270 99.621 0.351
201506 0.400 100.684 0.514
201509 0.400 100.392 0.516
201512 0.770 99.792 0.999
201603 0.220 100.470 0.283
201606 0.260 101.688 0.331
201609 0.440 101.861 0.559
201612 0.370 101.863 0.470
201703 0.170 102.862 0.214
201706 0.360 103.349 0.451
201709 0.350 104.136 0.435
201712 -1.540 104.011 -1.916
201803 -0.490 105.290 -0.602
201806 0.230 106.317 0.280
201809 0.170 106.507 0.207
201812 0.640 105.998 0.781
201903 0.340 107.251 0.410
201906 0.240 108.070 0.287
201909 0.190 108.329 0.227
201912 -0.190 108.420 -0.227
202003 0.100 108.902 0.119
202006 -0.090 108.767 -0.107
202009 0.160 109.815 0.189
202012 0.210 109.897 0.247
202103 0.220 111.754 0.255
202106 0.200 114.631 0.226
202109 0.230 115.734 0.257
202112 0.350 117.630 0.385
202203 0.310 121.301 0.331
202206 0.490 125.017 0.507
202209 0.530 125.227 0.548
202212 0.600 125.222 0.620
202303 0.350 127.348 0.356
202306 0.390 128.729 0.392
202309 0.570 129.860 0.568
202312 0.490 129.419 0.490

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.


Benchmark Electronics  (NYSE:BHE) 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.


Benchmark Electronics Shiller PE Ratio Related Terms

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


Benchmark Electronics (Benchmark Electronics) Business Description

Traded in Other Exchanges
Address
56 South Rockford Drive, Tempe, AZ, USA, 85288
Benchmark Electronics Inc is engaged in product designing, engineering services, technology solutions, and advanced manufacturing services (electronic manufacturing services (EMS) and precision technology services). It serves various industries, including aerospace & defense (A&D), medical technologies, complex industrials, semiconductor capital equipment, next-generation telecommunications, and high-end computing. Its geographical segments are the Americas, Asia and Europe of which key revenue is derived from the Americas.
Executives
David Valkanoff officer: EVP, Chief Operating Officer C/O BENCHMARK ELECTRONICS INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85288
David Moezidis officer: EVP, Chief Commercial Officer C/O BENCHMARK ELECTRONICS INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85288
Douglas Britt director 1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243
Jeffrey Stephen Mccreary director C/O MIPS TECHNOLOGIES, INC., 955 EAST ARQUES AVENUE, SUNNYVALE CA 94085
Jeff Benck director, officer: President and CEO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Rhonda R Turner officer: Chief Human Resources Officer 20410 NORTH 19TH AVENUE, STE 200, PHOENIX AZ 85027
Ramesh Gopalakrishnan director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Greef-safft Anne De director 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Roop Kalyan Lakkaraju officer: CFO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Lisa K Weeks officer: Vice President 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Douglas G Duncan director 1715 AARON BRENNER DR STE 600, MEMPHIS TN 38120
Robert K Gifford director 370 WABASHA STREET NORTH, ST. PAUL MN 55102
Robert Crawford officer: Chief Revenue Officer 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Stephen J Beaver officer: VP and General Counsel 7440 E. EDWARD LANE, SCOTTSDALE AZ 85250