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RBC Bearings (RBC Bearings) Shiller PE Ratio

: 57.68 (As of Today)
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As of today (2024-04-19), RBC Bearings's current share price is $246.305. RBC Bearings's E10 for the quarter that ended in Dec. 2023 was $4.27. RBC Bearings's Shiller PE Ratio for today is 57.68.

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

RBC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.3   Med: 49   Max: 70.44
Current: 57.68

During the past years, RBC Bearings's highest Shiller PE Ratio was 70.44. The lowest was 27.30. And the median was 49.00.

RBC's Shiller PE Ratio is ranked worse than
81.74% of 1698 companies
in the Industrial Products industry
Industry Median: 24.875 vs RBC: 57.68

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.

RBC Bearings's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


RBC Bearings Shiller PE Ratio Historical Data

The historical data trend for RBC Bearings'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.

RBC Bearings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.69 35.22 56.86 53.30 58.27

RBC Bearings 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 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 Premium Member Only Premium Member Only Premium Member Only 54.52 58.27 52.98 55.50 66.71

Competitive Comparison

For the Tools & Accessories subindustry, RBC Bearings'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.


RBC Bearings Shiller PE Ratio Distribution

For the Industrial Products industry and Industrials sector, RBC Bearings's Shiller PE Ratio distribution charts can be found below:

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



RBC Bearings 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.

RBC Bearings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=246.305/4.27
=57.68

* 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.

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

For example, RBC Bearings'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)
=1.39/129.4194*129.4194
=1.390

Current CPI (Dec. 2023) = 129.4194.

RBC Bearings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.780 99.695 1.013
201406 0.690 100.560 0.888
201409 0.570 100.428 0.735
201412 0.600 99.070 0.784
201503 0.640 99.621 0.831
201506 0.570 100.684 0.733
201509 0.620 100.392 0.799
201512 0.730 99.792 0.947
201603 0.810 100.470 1.043
201606 0.760 101.688 0.967
201609 0.770 101.861 0.978
201612 0.540 101.863 0.686
201703 0.900 102.862 1.132
201706 0.900 103.349 1.127
201709 0.610 104.136 0.758
201712 0.970 104.011 1.207
201803 1.090 105.290 1.340
201806 1.120 106.317 1.363
201809 1.220 106.507 1.482
201812 0.650 105.998 0.794
201903 1.270 107.251 1.533
201906 1.230 108.070 1.473
201909 1.260 108.329 1.505
201912 1.220 108.420 1.456
202003 1.350 108.902 1.604
202006 0.910 108.767 1.083
202009 0.820 109.815 0.966
202012 0.860 109.897 1.013
202103 0.990 111.754 1.146
202106 0.950 114.631 1.073
202109 -0.070 115.734 -0.078
202112 -0.180 117.630 -0.198
202203 0.890 121.301 0.950
202206 1.090 125.017 1.128
202209 1.310 125.227 1.354
202212 1.050 125.222 1.085
202303 1.490 127.348 1.514
202306 1.520 128.729 1.528
202309 1.580 129.860 1.575
202312 1.390 129.419 1.390

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.


RBC Bearings  (NYSE:RBC) 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.


RBC Bearings Shiller PE Ratio Related Terms

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


RBC Bearings (RBC Bearings) Business Description

Traded in Other Exchanges
Address
102 Willenbrock Road, One Tribology Center, Oxford, CT, USA, 06478
RBC Bearings Inc is a manufacturer and marketer of precision bearings and products used in aircraft and mechanical systems. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The products reduce wear in moving parts, facilitate proper power transmission, reduce damage and energy loss, and control pressure and flow. The primary customers for RBC Bearings are industrial markets and aerospace markets such as construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, commercial, private and military aircraft engines, and guided weaponry. The end market is the United States of America.
Executives
Michael H. Ambrose director ONE TRIBOLOGY CENTER, 102 WILLENBROCK ROAD, OXFORD CT 06478
Michael J Hartnett officer: President and CEO RBC BEARINGS, INC., 102 WILLENBROCK ROAD, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Richard R Crowell director AURORA CAPITAL PARTNERS LP, 10877 WILSHIRE BOULEVARD SUITE 2100, LOS ANGELES CA 90024
Dolores J Ennico director RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Robert M Sullivan officer: Corporate Controller 103 STILLWOLD DRIVE, WETHERSFIELD CT 06109
John J. Feeney officer: Vice President and Secretary ONE TRIBOLOGY CENTER, 102 WILLENBROCK ROAD, OXFORD CT 06478
Steven H. Kaplan director 11 LINDEN SHORES, BRANFORD CT 06405
Patrick S. Bannon officer: V.P. and General Manager 131 WOODS WAY DRIVE, SOUTHBURY CT 06488
Richard J Edwards officer: V.P. and General Manager RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Edward Stewart director 5715 EAST CHENEY DRIVE, PARADISE VALLEY AZ 85253
Daniel A Bergeron officer: VP and CFO
Alan B Levine director
Ernest D Hawkins officer: Vice President of Finance 102 WILLENBROCK ROAD, OXFORD CT 06478
Amir Faghri director RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478
Joseph Salamunovich officer: General Counsel and Secretary RBC BEARINGS INCORPORATED, ONE TRIBOLOGY CENTER, OXFORD CT 06478