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RBC Bearings (FRA:B1X) Shiller PE Ratio : 58.85 (As of Apr. 29, 2024)


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What is RBC Bearings Shiller PE Ratio?

As of today (2024-04-29), RBC Bearings's current share price is €226.00. RBC Bearings's E10 for the quarter that ended in Dec. 2023 was €3.84. RBC Bearings's Shiller PE Ratio for today is 58.85.

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

FRA:B1X' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.3   Med: 49.06   Max: 70.44
Current: 57.37

During the past years, RBC Bearings's highest Shiller PE Ratio was 70.44. The lowest was 27.30. And the median was 49.06.

FRA:B1X's Shiller PE Ratio is ranked worse than
81.47% of 1716 companies
in the Industrial Products industry
Industry Median: 25.01 vs FRA:B1X: 57.37

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.

RBC Bearings's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.275. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RBC Bearings Shiller PE Ratio Historical Data

The historical data trend for RBC Bearings'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.

RBC Bearings Shiller PE Ratio Chart

RBC Bearings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.69 35.22 56.86 53.30 58.27

RBC Bearings 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 54.52 58.27 52.98 55.50 66.71

Competitive Comparison of RBC Bearings's Shiller PE Ratio

For the Tools & Accessories subindustry, RBC Bearings'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.


RBC Bearings's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RBC Bearings's Shiller PE Ratio distribution charts can be found below:

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



RBC Bearings 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.

RBC Bearings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=226.00/3.84
=58.85

* 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.

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

For example, RBC Bearings'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)
=1.275/129.4194*129.4194
=1.275

Current CPI (Dec. 2023) = 129.4194.

RBC Bearings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.564 99.695 0.732
201406 0.508 100.560 0.654
201409 0.442 100.428 0.570
201412 0.487 99.070 0.636
201503 0.591 99.621 0.768
201506 0.508 100.684 0.653
201509 0.552 100.392 0.712
201512 0.670 99.792 0.869
201603 0.727 100.470 0.936
201606 0.676 101.688 0.860
201609 0.686 101.861 0.872
201612 0.512 101.863 0.651
201703 0.841 102.862 1.058
201706 0.801 103.349 1.003
201709 0.512 104.136 0.636
201712 0.820 104.011 1.020
201803 0.884 105.290 1.087
201806 0.959 106.317 1.167
201809 1.046 106.507 1.271
201812 0.571 105.998 0.697
201903 1.124 107.251 1.356
201906 1.089 108.070 1.304
201909 1.144 108.329 1.367
201912 1.098 108.420 1.311
202003 1.222 108.902 1.452
202006 0.808 108.767 0.961
202009 0.696 109.815 0.820
202012 0.707 109.897 0.833
202103 0.832 111.754 0.964
202106 0.789 114.631 0.891
202109 -0.060 115.734 -0.067
202112 -0.159 117.630 -0.175
202203 0.808 121.301 0.862
202206 1.031 125.017 1.067
202209 1.323 125.227 1.367
202212 0.991 125.222 1.024
202303 1.392 127.348 1.415
202306 1.403 128.729 1.411
202309 1.480 129.860 1.475
202312 1.275 129.419 1.275

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.


RBC Bearings  (FRA:B1X) 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.


RBC Bearings Shiller PE Ratio Related Terms

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


RBC Bearings (FRA:B1X) Business Description

Traded in Other Exchanges
Address
102 Willenbrock Road, One Tribology Center, Oxford, CT, USA, 06478
RBC Bearings Inc is a manufacturer and marketer of precision bearings and products used in aircraft and mechanical systems. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The products reduce wear in moving parts, facilitate proper power transmission, reduce damage and energy loss, and control pressure and flow. The primary customers for RBC Bearings are industrial markets and aerospace markets such as construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, commercial, private and military aircraft engines, and guided weaponry. The end market is the United States of America.

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