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ManpowerGroup (ManpowerGroup) Shiller PE Ratio : 10.67 (As of May. 27, 2024)


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What is ManpowerGroup Shiller PE Ratio?

As of today (2024-05-27), ManpowerGroup's current share price is $74.66. ManpowerGroup's E10 for the quarter that ended in Mar. 2024 was $7.00. ManpowerGroup's Shiller PE Ratio for today is 10.67.

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

MAN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.28   Med: 21.39   Max: 39.31
Current: 10.67

During the past years, ManpowerGroup's highest Shiller PE Ratio was 39.31. The lowest was 9.28. And the median was 21.39.

MAN's Shiller PE Ratio is ranked better than
79.92% of 528 companies
in the Business Services industry
Industry Median: 19.795 vs MAN: 10.67

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.

ManpowerGroup's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $7.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ManpowerGroup Shiller PE Ratio Historical Data

The historical data trend for ManpowerGroup'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.

ManpowerGroup Shiller PE Ratio Chart

ManpowerGroup 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 19.54 16.49 15.74 11.93 11.51

ManpowerGroup Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.46 10.88 10.09 11.51 11.10

Competitive Comparison of ManpowerGroup's Shiller PE Ratio

For the Staffing & Employment Services subindustry, ManpowerGroup'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.


ManpowerGroup's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ManpowerGroup's Shiller PE Ratio distribution charts can be found below:

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



ManpowerGroup 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.

ManpowerGroup's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=74.66/7
=10.67

* 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.

ManpowerGroup's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, ManpowerGroup's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.81/131.7762*131.7762
=0.810

Current CPI (Mar. 2024) = 131.7762.

ManpowerGroup Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.350 100.560 1.769
201409 1.610 100.428 2.113
201412 1.470 99.070 1.955
201503 0.830 99.621 1.098
201506 1.330 100.684 1.741
201509 1.610 100.392 2.113
201512 1.660 99.792 2.192
201603 0.980 100.470 1.285
201606 1.600 101.688 2.073
201609 1.870 101.861 2.419
201612 1.870 101.863 2.419
201703 1.090 102.862 1.396
201706 1.720 103.349 2.193
201709 2.040 104.136 2.581
201712 3.220 104.011 4.080
201803 1.450 105.290 1.815
201806 2.170 106.317 2.690
201809 2.430 106.507 3.007
201812 2.540 105.998 3.158
201903 0.880 107.251 1.081
201906 2.110 108.070 2.573
201909 2.420 108.329 2.944
201912 2.330 108.420 2.832
202003 0.030 108.902 0.036
202006 -1.110 108.767 -1.345
202009 0.180 109.815 0.216
202012 1.330 109.897 1.595
202103 1.110 111.754 1.309
202106 2.020 114.631 2.322
202109 1.770 115.734 2.015
202112 2.020 117.630 2.263
202203 1.680 121.301 1.825
202206 2.290 125.017 2.414
202209 2.130 125.227 2.241
202212 0.950 125.222 1.000
202303 1.510 127.348 1.563
202306 1.290 128.729 1.321
202309 0.600 129.860 0.609
202312 -1.730 129.419 -1.762
202403 0.810 131.776 0.810

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.


ManpowerGroup  (NYSE:MAN) 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.


ManpowerGroup Shiller PE Ratio Related Terms

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


ManpowerGroup (ManpowerGroup) Business Description

Traded in Other Exchanges
Address
100 Manpower Place, Milwaukee, WI, USA, 53212
Manpower is one of the three largest multinational firms in the fragmented and over $600 billion global staffing industry. The firm generates most of its sales outside the U.S. and boasts a vast global footprint. Its client base consists of mainly large and multinational companies, but the firm also services small and midsize businesses through its local branch network. It offers each main staffing service (temporary, permanent, and project based) across a variety of professions under its four subsidiary brands: Experis specializes in IT placements; Talent Solutions provides recruitment process outsourcing, or RPO, and outplacement services; Jefferson Wells serves finance, tax, and compliance needs; Manpower focuses on manufacturing, administrative, and assembly positions.
Executives
Donald O Mondano officer: SVP, Global Controller MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Ulice Jr Payne director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Muriel Francoise Penicaud director 22 PASSAGE COURTOIS, PARIS I0 75011
John T Mcginnis officer: EVP, CFO C/O MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Richard Buchband officer: SVP, General Counsel 100 MANPOWER PLACE, MILWAUKEE WI 53212
Cari M Dominguez director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Jean Philippe Courtois director MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399
William P Gipson director 1201 S 2ND STREET, MILWAUKEE WI 53204
Michelle Nettles officer: Chief People & Culture MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Mara E Swan officer: EVP C/O ADOLPH COORS CO, 311 10TH ST. MH311, GOLDEN CO 80401-0030
Gina Boswell director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Jonas Prising director, officer: CEO MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Van Handel Michael J officer: EVP, CFO MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Sriram Chandrashekar officer: EVP 10 HOE CHIANG ROAD #21, 04/05 KEPPEL TOWERS, SINGAPORE U0 089315
William Downe director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212