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MKS Instruments (MKS Instruments) Shiller PE Ratio : 46.11 (As of Apr. 25, 2024)


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What is MKS Instruments Shiller PE Ratio?

As of today (2024-04-25), MKS Instruments's current share price is $113.90. MKS Instruments's E10 for the quarter that ended in Dec. 2023 was $2.47. MKS Instruments's Shiller PE Ratio for today is 46.11.

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

MKSI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.23   Med: 35.41   Max: 77.55
Current: 46.11

During the past years, MKS Instruments's highest Shiller PE Ratio was 77.55. The lowest was 13.23. And the median was 35.41.

MKSI's Shiller PE Ratio is ranked worse than
78.03% of 1352 companies
in the Hardware industry
Industry Median: 23.195 vs MKSI: 46.11

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.

MKS Instruments's adjusted earnings per share data for the three months ended in Dec. 2023 was $-1.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MKS Instruments Shiller PE Ratio Historical Data

The historical data trend for MKS Instruments'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.

MKS Instruments Shiller PE Ratio Chart

MKS Instruments 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 35.42 43.63 39.58 16.44 41.69

MKS Instruments 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 16.44 17.16 42.32 32.93 41.69

Competitive Comparison of MKS Instruments's Shiller PE Ratio

For the Scientific & Technical Instruments subindustry, MKS Instruments'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.


MKS Instruments's Shiller PE Ratio Distribution in the Hardware Industry

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

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



MKS Instruments 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.

MKS Instruments's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=113.90/2.47
=46.11

* 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.

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

For example, MKS Instruments'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)
=-1.02/129.4194*129.4194
=-1.020

Current CPI (Dec. 2023) = 129.4194.

MKS Instruments Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.580 99.695 0.753
201406 0.400 100.560 0.515
201409 0.550 100.428 0.709
201412 0.640 99.070 0.836
201503 0.630 99.621 0.818
201506 0.620 100.684 0.797
201509 0.560 100.392 0.722
201512 0.480 99.792 0.623
201603 0.330 100.470 0.425
201606 0.170 101.688 0.216
201609 0.600 101.861 0.762
201612 0.830 101.863 1.055
201703 1.180 102.862 1.485
201706 2.190 103.349 2.742
201709 1.380 104.136 1.715
201712 1.410 104.011 1.754
201803 1.900 105.290 2.335
201806 2.220 106.317 2.702
201809 1.700 106.507 2.066
201812 1.320 105.998 1.612
201903 0.230 107.251 0.278
201906 0.690 108.070 0.826
201909 0.860 108.329 1.027
201912 0.770 108.420 0.919
202003 1.250 108.902 1.486
202006 1.330 108.767 1.583
202009 1.660 109.815 1.956
202012 2.080 109.897 2.450
202103 2.200 111.754 2.548
202106 2.630 114.631 2.969
202109 2.380 115.734 2.661
202112 2.690 117.630 2.960
202203 2.570 121.301 2.742
202206 2.320 125.017 2.402
202209 0.090 125.227 0.093
202212 0.810 125.222 0.837
202303 -0.640 127.348 -0.650
202306 -26.470 128.729 -26.612
202309 0.580 129.860 0.578
202312 -1.020 129.419 -1.020

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.


MKS Instruments  (NAS:MKSI) 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.


MKS Instruments Shiller PE Ratio Related Terms

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


MKS Instruments (MKS Instruments) Business Description

Traded in Other Exchanges
Address
2 Tech Drive, Suite 201, Andover, MA, USA, 01810
MKS Instruments Inc is engaged in providing instruments, subsystems, and process control systems used to measure, monitor, deliver, and control parameters of manufacturing processes. The company's product portfolio includes instruments, components, and systems required in manufacturing products such as flat panel displays, medical devices, and electronic materials, among others used in industrial technologies, semiconductor, life and health sciences, and research and defense markets. The company organizes itself into three reportable business segments: Vacuum Solutions, Photonics Solutions, and Materials Solutions. The Vacuum Solutions segment contributes to roughly half of the company's revenue, and the majority of its revenue is earned in the United States.
Executives
Gerard G Colella officer: VP Global Business Operations 6 SHATTUCK RD, ANDOVER MA 01810
Elizabeth Mora director C/O MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Jacqueline F Moloney director 222 MERRIMACK STREET, LOWELL MA 01852
David Philip Henry officer: SVP, Corp Mkt, PMO & Glob Svc MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Seth H Bagshaw officer: Vice President, CFO
Kathleen Flaherty Burke officer: Sr. VP, GC & Secretary MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Cap Iv, L.l.c. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004
Cap Iv General Partner, L.p. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004
Carlyle Asia Partners Iv, L.p. 10 percent owner 1001 PENNSYLVANIA AVENUE, NW, SUITE 220, WASHINGTON DC 20004
Carlyle Partners Vi Cayman Holdings, L.p. 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Geoffrey Wild director 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Tc Group Vi Cayman, L.p. 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Cg Subsidiary Holdings L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Tc Group Vi Cayman, L.l.c. 10 percent owner C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004

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