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Griffon (Griffon) Shiller PE Ratio : 80.73 (As of Apr. 24, 2024)


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What is Griffon Shiller PE Ratio?

As of today (2024-04-24), Griffon's current share price is $67.81. Griffon's E10 for the quarter that ended in Dec. 2023 was $0.84. Griffon's Shiller PE Ratio for today is 80.73.

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

GFF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.22   Med: 33.49   Max: 192.5
Current: 80.73

During the past years, Griffon's highest Shiller PE Ratio was 192.50. The lowest was 15.22. And the median was 33.49.

GFF's Shiller PE Ratio is ranked worse than
91.37% of 336 companies
in the Conglomerates industry
Industry Median: 15.655 vs GFF: 80.73

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.

Griffon's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Griffon Shiller PE Ratio Historical Data

The historical data trend for Griffon'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.

Griffon Shiller PE Ratio Chart

Griffon Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.61 26.61 26.07 48.56 51.91

Griffon 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 51.53 54.07 59.22 51.91 72.93

Competitive Comparison of Griffon's Shiller PE Ratio

For the Conglomerates subindustry, Griffon'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.


Griffon's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Griffon's Shiller PE Ratio distribution charts can be found below:

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



Griffon 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.

Griffon's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=67.81/0.84
=80.73

* 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.

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

For example, Griffon'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)
=0.82/129.4194*129.4194
=0.820

Current CPI (Dec. 2023) = 129.4194.

Griffon Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.530 99.695 -0.688
201406 0.290 100.560 0.373
201409 0.160 100.428 0.206
201412 0.160 99.070 0.209
201503 0.110 99.621 0.143
201506 0.230 100.684 0.296
201509 0.240 100.392 0.309
201512 0.240 99.792 0.311
201603 0.140 100.470 0.180
201606 0.180 101.688 0.229
201609 0.180 101.861 0.229
201612 0.290 101.863 0.368
201703 0.120 102.862 0.151
201706 0.220 103.349 0.275
201709 -0.290 104.136 -0.360
201712 0.720 104.011 0.896
201803 2.110 105.290 2.594
201806 0.140 106.317 0.170
201809 -0.040 106.507 -0.049
201812 0.210 105.998 0.256
201903 -0.030 107.251 -0.036
201906 0.310 108.070 0.371
201909 0.370 108.329 0.442
201912 0.240 108.420 0.286
202003 0.020 108.902 0.024
202006 0.500 108.767 0.595
202009 0.430 109.815 0.507
202012 0.550 109.897 0.648
202103 0.320 111.754 0.371
202106 0.310 114.631 0.350
202109 0.300 115.734 0.335
202112 0.360 117.630 0.396
202203 1.230 121.301 1.312
202206 2.600 125.017 2.692
202209 -8.000 125.227 -8.268
202212 0.880 125.222 0.909
202303 -1.170 127.348 -1.189
202306 0.900 128.729 0.905
202309 0.790 129.860 0.787
202312 0.820 129.419 0.820

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.


Griffon  (NYSE:GFF) 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.


Griffon Shiller PE Ratio Related Terms

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


Griffon (Griffon) Business Description

Traded in Other Exchanges
Address
712 Fifth Avenue, 18th Floor, New York, NY, USA, 10019
Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products and Home and Building Products. The company generates a majority of its revenue from the Home and Building Products segment.
Executives
Voss Value-oriented Special Situations Fund, Lp director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value Master Fund, L.p. director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value Master Fund, Lp director, other: See Remarks 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Travis W. Cocke director, other: See Remarks 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Advisors Gp, Llc director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Capital, Llc director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Michelle L Taylor director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 10019
Diao H.c. Charles director 1775 TYSONS BOULEVARD, TYSONS VA 22102
Lacy M. Johnson director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Louis J. Grabowsky director 6605 ABERDEEN, DALLAS TX 75230
Henry A Alpert director
Kevin F Sullivan director C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Jerome L Coben director 5482 WILSHIRE BLVD., #1579, LOS ANGELES CA 90036
Thomas Brosig director C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018
Seth L. Kaplan officer: Sr VP, Gen. Counsel and Secy 712 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10019

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