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Roper Technologies (Roper Technologies) Shiller PE Ratio

: 35.46 (As of Today)
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As of today (2024-04-19), Roper Technologies's current share price is $527.27. Roper Technologies's E10 for the quarter that ended in Dec. 2023 was $14.87. Roper Technologies's Shiller PE Ratio for today is 35.46.

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

ROP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.48   Med: 43.14   Max: 56.62
Current: 35.46

During the past years, Roper Technologies's highest Shiller PE Ratio was 56.62. The lowest was 29.48. And the median was 43.14.

ROP's Shiller PE Ratio is ranked worse than
58.59% of 896 companies
in the Software industry
Industry Median: 30.41 vs ROP: 35.46

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.

Roper Technologies's adjusted earnings per share data for the three months ended in Dec. 2023 was $3.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $14.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Roper Technologies Shiller PE Ratio Historical Data

The historical data trend for Roper Technologies'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.

Roper Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.77 51.64 51.73 31.28 36.67

Roper Technologies 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 31.28 31.14 33.16 32.78 36.67

Competitive Comparison

For the Software - Application subindustry, Roper Technologies'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.


Roper Technologies Shiller PE Ratio Distribution

For the Software industry and Technology sector, Roper Technologies's Shiller PE Ratio distribution charts can be found below:

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



Roper Technologies 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.

Roper Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=527.27/14.87
=35.46

* 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.

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

For example, Roper Technologies'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)
=3.61/129.4194*129.4194
=3.610

Current CPI (Dec. 2023) = 129.4194.

Roper Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.460 99.695 1.895
201406 1.560 100.560 2.008
201409 1.540 100.428 1.985
201412 1.840 99.070 2.404
201503 1.540 99.621 2.001
201506 1.690 100.684 2.172
201509 1.580 100.392 2.037
201512 2.050 99.792 2.659
201603 1.480 100.470 1.906
201606 1.540 101.688 1.960
201609 1.630 101.861 2.071
201612 1.780 101.863 2.262
201703 1.530 102.862 1.925
201706 1.740 103.349 2.179
201709 1.840 104.136 2.287
201712 4.270 104.011 5.313
201803 2.030 105.290 2.495
201806 2.190 106.317 2.666
201809 2.370 106.507 2.880
201812 2.460 105.998 3.004
201903 3.530 107.251 4.260
201906 2.380 108.070 2.850
201909 2.640 108.329 3.154
201912 8.280 108.420 9.884
202003 2.280 108.902 2.710
202006 2.080 108.767 2.475
202009 2.210 109.815 2.605
202012 2.410 109.897 2.838
202103 2.730 111.754 3.162
202106 2.690 114.631 3.037
202109 2.710 115.734 3.030
202112 2.700 117.630 2.971
202203 18.940 121.301 20.208
202206 2.520 125.017 2.609
202209 3.060 125.227 3.162
202212 18.060 125.222 18.665
202303 2.650 127.348 2.693
202306 3.400 128.729 3.418
202309 3.230 129.860 3.219
202312 3.610 129.419 3.610

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.


Roper Technologies  (NAS:ROP) 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.


Roper Technologies Shiller PE Ratio Related Terms

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


Roper Technologies (Roper Technologies) Business Description

Traded in Other Exchanges
Address
6901 Professional Parkway East, Suite 200, Sarasota, FL, USA, 34240
Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.
Executives
Robert D Johnson director HONEYWELL, 1944 E SKY HARBOR CIRCLE, PHOENIX AZ 85034
Christopher Wright director C/O GENAISSANCE PHARMACEUTICALS INC, 5 SCIENCE PARK, NEW HAVEN CT 06511
Laurence Neil Hunn officer: Executive Vice President 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
Shellye L Archambeau director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Jason Conley officer: Vice President and Controller C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY, SARASOTA FL 34240
Richard F Wallman director HONEYWELL, 101 COLUMBIA ROAD, MORRISTOWN NJ 07962
Brandon L Cross officer: VP and Corporate Controller 6901 PROFESSIONAL PARKWAY, SUITE 200, SARASOTA FL 34240
Robert Crisci officer: Vice President and CFO C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY, SARASOTA FL 34240
John K Stipancich officer: VP, GC & Secretary C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY E, STE. 200, SARASOTA FL 34240
Joyce Thomas Patrick Jr director 2099 PENNSYLVANIA AVENUE, NW, 12TH FLOOR, WASHINGTON DC 22207
Irene M Esteves director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
Amy Woods Brinkley director BANK OF AMERICA CORP, 100 NORTH TRYON ST NC1-007-58-04, CHARLOTTE NC 28255
Fort John F Iii director C/O ROPER INDUSTRIES INC, 2160 SATELLITE BLVD, DULUTH GA 30097
Wilbur J Prezzano director 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Knowling Robert E Jr director C/O HEWLETT-PACKARD CO, 3000 HANOVER STREET, PALO ALTO CA 94304