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CMC Materials (CMC Materials) Shiller PE Ratio : 63.62 (As of May. 06, 2024)


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What is CMC Materials Shiller PE Ratio?

As of today (2024-05-06), CMC Materials's current share price is $173.69. CMC Materials's E10 for the quarter that ended in Mar. 2022 was $2.73. CMC Materials's Shiller PE Ratio for today is 63.62.

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

CCMP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.42   Med: 32.64   Max: 82.47
Current: 63.54

During the past years, CMC Materials's highest Shiller PE Ratio was 82.47. The lowest was 16.42. And the median was 32.64.

CCMP's Shiller PE Ratio is not ranked
in the Semiconductors industry.
Industry Median: 28.085 vs CCMP: 63.54

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.

CMC Materials's adjusted earnings per share data for the three months ended in Mar. 2022 was $1.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.73 for the trailing ten years ended in Mar. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


CMC Materials Shiller PE Ratio Historical Data

The historical data trend for CMC Materials'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.

CMC Materials Shiller PE Ratio Chart

CMC Materials Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.96 41.93 54.69 50.12 49.63

CMC Materials Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 75.40 61.45 49.63 74.78 67.83

Competitive Comparison of CMC Materials's Shiller PE Ratio

For the Semiconductor Equipment & Materials subindustry, CMC Materials'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.


CMC Materials's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, CMC Materials's Shiller PE Ratio distribution charts can be found below:

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



CMC Materials 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.

CMC Materials's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=173.69/2.73
=63.62

* 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.

CMC Materials's E10 for the quarter that ended in Mar. 2022 is calculated as:

For example, CMC Materials's adjusted earnings per share data for the three months ended in Mar. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=1.19/121.3010*121.3010
=1.190

Current CPI (Mar. 2022) = 121.3010.

CMC Materials Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201206 0.550 96.819 0.689
201209 0.490 97.633 0.609
201212 0.410 96.871 0.513
201303 0.400 98.209 0.494
201306 0.680 98.518 0.837
201309 0.700 98.790 0.860
201312 0.450 98.326 0.555
201403 0.400 99.695 0.487
201406 0.530 100.560 0.639
201409 0.650 100.428 0.785
201412 0.800 99.070 0.980
201503 0.550 99.621 0.670
201506 0.390 100.684 0.470
201509 0.500 100.392 0.604
201512 0.460 99.792 0.559
201603 0.370 100.470 0.447
201606 0.760 101.688 0.907
201609 0.830 101.861 0.988
201612 0.880 101.863 1.048
201703 0.710 102.862 0.837
201706 0.770 103.349 0.904
201709 1.030 104.136 1.200
201712 -0.120 104.011 -0.140
201803 1.140 105.290 1.313
201806 1.340 106.317 1.529
201809 1.840 106.507 2.096
201812 0.480 105.998 0.549
201903 0.920 107.251 1.041
201906 0.640 108.070 0.718
201909 -0.700 108.329 -0.784
201912 1.300 108.420 1.454
202003 1.110 108.902 1.236
202006 1.170 108.767 1.305
202009 1.250 109.815 1.381
202012 1.070 109.897 1.181
202103 -5.130 111.754 -5.568
202106 1.130 114.631 1.196
202109 0.550 115.734 0.576
202112 0.950 117.630 0.980
202203 1.190 121.301 1.190

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.


CMC Materials  (NAS:CCMP) 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.


CMC Materials Shiller PE Ratio Related Terms

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


CMC Materials (CMC Materials) Business Description

Traded in Other Exchanges
N/A
Address
870 North Commons Drive, Aurora, IL, USA, 60504
CMC Materials Inc is a supplier of polishing slurries and polishing pads used in the manufacturing of advanced integrated circuit devices within the semiconductor industry. The company's products assist in the production of advanced IC devices, by helping customers produce smaller, faster, and more complex IC devices with fewer defects. CMC's products are predominately geared towards the process of flattening layers of materials that are deposited upon silicon wafers in the production of ICs. Slightly less than half of the company's revenue is derived from foundry customers that provide contract manufacturing services for producers of logic devices.
Executives
Susan M Whitney director 870 N. COMMONS ROAD AURORA IL 60504
Barbara A Klein director CORN PRODUCTS INTERNATIONAL, INC., 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Daniel D. Woodland officer: VP, Marketing C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Jeffrey Michael Dysard officer: VP and Pres. of Perf. Material 870 N. COMMONS DRIVE AURORA IL 60504
David H Li officer: VP, Asia Pacific Region 870 N COMMONS DR AURORA IL 60504
Mumford Colleen Elizabeth officer: VP, Marketing & Communications 870 N COMMONS DRIVE AURORA IL 60504
Anne K Roby director 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Eckstein Bernstein H Carol officer: Vice President, General Counse 870 N COMMONS DR AURORA IL 60504
William P Noglows director, officer: Chairman, President & CEO C/O CABOT MICROELECTRONICS CORP, 870 N. COMMONS DR, AURORA IL 60504
Jeanette A. Press officer: Corporate Controller 550 WEST ADAMS STREET, CHICAGO IL 60661
Richard Hill director
Thomas S Roman officer: Principal Accounting Officer 870 N. COMMONS ROAD AURORA IL 60504
Ananth Naman officer: VP, Research & Development 870 N COMMONS DR AURORA IL 60504
Eleanor Kate Thorp officer: Vice President Human Resources 870 N. COMMONS RD AURORA IL 60504
Scott D Beamer officer: Vice President and CFO 870 N. COMMONS DRIVE, AURORA IL 60504