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Leggett & Platt (Leggett & Platt) Shiller PE Ratio : 7.91 (As of Apr. 25, 2024)


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What is Leggett & Platt Shiller PE Ratio?

As of today (2024-04-25), Leggett & Platt's current share price is $17.88. Leggett & Platt's E10 for the quarter that ended in Dec. 2023 was $2.26. Leggett & Platt's Shiller PE Ratio for today is 7.91.

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

LEG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.81   Med: 25.26   Max: 45.21
Current: 7.91

During the past years, Leggett & Platt's highest Shiller PE Ratio was 45.21. The lowest was 7.81. And the median was 25.26.

LEG's Shiller PE Ratio is ranked better than
86.15% of 260 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 18.68 vs LEG: 7.91

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.

Leggett & Platt's adjusted earnings per share data for the three months ended in Dec. 2023 was $-2.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leggett & Platt Shiller PE Ratio Historical Data

The historical data trend for Leggett & Platt'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.

Leggett & Platt Shiller PE Ratio Chart

Leggett & Platt 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 26.63 22.37 17.96 13.16 11.60

Leggett & Platt 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 13.16 12.82 11.89 10.21 11.60

Competitive Comparison of Leggett & Platt's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, Leggett & Platt'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.


Leggett & Platt's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Leggett & Platt's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Leggett & Platt's Shiller PE Ratio falls into.



Leggett & Platt 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.

Leggett & Platt's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=17.88/2.26
=7.91

* 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.

Leggett & Platt's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Leggett & Platt'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)
=-2.18/129.4194*129.4194
=-2.180

Current CPI (Dec. 2023) = 129.4194.

Leggett & Platt Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.370 99.695 0.480
201406 -0.170 100.560 -0.219
201409 0.340 100.428 0.438
201412 0.140 99.070 0.183
201503 0.500 99.621 0.650
201506 0.540 100.684 0.694
201509 0.670 100.392 0.864
201512 0.570 99.792 0.739
201603 0.630 100.470 0.812
201606 0.870 101.688 1.107
201609 0.670 101.861 0.851
201612 0.590 101.863 0.750
201703 0.620 102.862 0.780
201706 0.640 103.349 0.801
201709 0.600 104.136 0.746
201712 0.268 104.011 0.333
201803 0.570 105.290 0.701
201806 0.630 106.317 0.767
201809 0.670 106.507 0.814
201812 0.390 105.998 0.476
201903 0.450 107.251 0.543
201906 0.640 108.070 0.766
201909 0.740 108.329 0.884
201912 0.640 108.420 0.764
202003 0.330 108.902 0.392
202006 -0.050 108.767 -0.059
202009 0.790 109.815 0.931
202012 0.760 109.897 0.895
202103 0.640 111.754 0.741
202106 0.820 114.631 0.926
202109 0.710 115.734 0.794
202112 0.770 117.630 0.847
202203 0.660 121.301 0.704
202206 0.700 125.017 0.725
202209 0.520 125.227 0.537
202212 0.389 125.222 0.402
202303 0.390 127.348 0.396
202306 0.400 128.729 0.402
202309 0.390 129.860 0.389
202312 -2.180 129.419 -2.180

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.


Leggett & Platt  (NYSE:LEG) 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.


Leggett & Platt Shiller PE Ratio Related Terms

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


Leggett & Platt (Leggett & Platt) Business Description

Traded in Other Exchanges
Address
No. 1 Leggett Road, Carthage, MO, USA, 64836
Leggett & Platt Inc designs and produces engineered components and products found in most homes and automobiles. It operates its business through three segments namely Bedding Products, Specialized Products, and Furniture, Flooring and Textile Products. Serving a broad suite of customers around the world, Leggett & Platt's products include bedding components, automotive seat support and lumbar systems, specialty bedding foam and private label finished mattresses, components for home furniture and work furniture, flooring underlayment, adjustable beds, and various other products.
Executives
Ryan Michael Kleiboeker officer: SVP-Chief Strategic Plan. Off. NO.1 LEGGETT ROAD, CARTHAGE MO 64836
Phoebe A Wood director PO BOX 1080, LOUISVILLE KY 40201
Scott S Douglas officer: SVP-Gen. Counsel and Secretary NO 1 LEGGETT ROAD, CARTHAGE MO 64836
Karl G Glassman director, officer: Executive Vice President LEGGETT & PLATT, INCORPORATED, NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Angela Barbee director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Benjamin Michael Burns officer: SVP-Business Support Services NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
James Tyson Hagale officer: SVP, Pres. - Bedding Products NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Christina Ptasinski officer: SVP - Chief HR Officer NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
J Mitchell Dolloff director, officer: President and COO NO.1 LEGGETT ROAD, CARTHAGE MO 64836
Steven K Henderson officer: Executive Vice President NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Tammy M Trent officer: SVP - Chief Accounting Officer NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Jeffrey L. Tate officer: Executive Vice President - CFO 2211 H.H. DOW WAY, MIDLAND MI 48674
Susan R Mccoy officer: SVP - Investor Relations NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Judy C Odom director 2140 MERRITT DRIVE, GARLAND TX 75401
Maryelizabeth R Campbell director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836

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