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Trex Co (Trex Co) Shiller PE Ratio

: 69.36 (As of Today)
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As of today (2024-04-23), Trex Co's current share price is $90.17. Trex Co's E10 for the quarter that ended in Dec. 2023 was $1.30. Trex Co's Shiller PE Ratio for today is 69.36.

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

TREX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 38.42   Med: 117.36   Max: 1229
Current: 69.36

During the past years, Trex Co's highest Shiller PE Ratio was 1229.00. The lowest was 38.42. And the median was 117.36.

TREX's Shiller PE Ratio is ranked worse than
92.98% of 968 companies
in the Construction industry
Industry Median: 15.845 vs TREX: 69.36

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.

Trex Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trex Co Shiller PE Ratio Historical Data

The historical data trend for Trex Co'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.

Trex Co 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 95.31 130.87 153.00 38.40 63.88

Trex Co 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 38.40 42.74 54.19 47.58 63.88

Competitive Comparison

For the Building Products & Equipment subindustry, Trex Co'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.


Trex Co Shiller PE Ratio Distribution

For the Construction industry and Industrials sector, Trex Co's Shiller PE Ratio distribution charts can be found below:

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



Trex Co 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.

Trex Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=90.17/1.3
=69.36

* 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.

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

For example, Trex Co'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)
=0.2/129.4194*129.4194
=0.200

Current CPI (Dec. 2023) = 129.4194.

Trex Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.093 99.695 0.121
201406 0.115 100.560 0.148
201409 0.070 100.428 0.090
201412 0.040 99.070 0.052
201503 0.138 99.621 0.179
201506 0.145 100.684 0.186
201509 0.030 100.392 0.039
201512 0.065 99.792 0.084
201603 0.198 100.470 0.255
201606 0.200 101.688 0.255
201609 0.065 101.861 0.083
201612 0.110 101.863 0.140
201703 0.238 102.862 0.299
201706 0.245 103.349 0.307
201709 0.170 104.136 0.211
201712 0.155 104.011 0.193
201803 0.315 105.290 0.387
201806 0.365 106.317 0.444
201809 0.250 106.507 0.304
201812 0.215 105.998 0.263
201903 0.270 107.251 0.326
201906 0.305 108.070 0.365
201909 0.360 108.329 0.430
201912 0.305 108.420 0.364
202003 0.360 108.902 0.428
202006 0.410 108.767 0.488
202009 0.370 109.815 0.436
202012 0.370 109.897 0.436
202103 0.420 111.754 0.486
202106 0.530 114.631 0.598
202109 0.640 115.734 0.716
202112 0.220 117.630 0.242
202203 0.620 121.301 0.661
202206 0.790 125.017 0.818
202209 0.130 125.227 0.134
202212 0.090 125.222 0.093
202303 0.380 127.348 0.386
202306 0.710 128.729 0.714
202309 0.600 129.860 0.598
202312 0.200 129.419 0.200

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.


Trex Co  (NYSE:TREX) 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.


Trex Co Shiller PE Ratio Related Terms

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


Trex Co (Trex Co) Business Description

Traded in Other Exchanges
Address
160 Exeter Drive, Winchester, VA, USA, 22603-8605
Trex Co Inc is a manufacturer of wooden alternative-decking products. The company offers outdoor products in the decking, railing, porch, fencing, trim, steel deck framing, and outdoor lighting categories. Its products are sold under the Trex brand and manufactured in the United States. Further, the company licenses its Trex brand to third parties to manufacture and sell products under the Trex trademark. The distribution is focused on wholesale distributors and retail lumber dealers, which in turn sell Trex products to homeowners and contractors, with an emphasis on professional contractors, remodelers, and homebuilders. The company operates in two reportable segments Trex Residential and Trex Commercial. The majority of revenue is derived from the Trex Residential segment.
Executives
Brenda Lovcik officer: SVP, Chief Financial Officer 2500 TREX WAY, C/O TREX COMPANY, INC., WINCHESTER VA 22601
Amy M. Fernandez officer: VP, GC and Secretary 2500 TREX WAY, WINCHESTER VA 22601
Melkeya Mcduffie director C/O CLEAN HARBORS INC., 42 LONGWATER DRIVE, NORWELL MA 02061
Michael F Golden director 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Bryan Horix Fairbanks officer: VP and CFO 160 EXETER DRIVE, WINCHESTER VA 22603
Adam Dante Zambanini officer: Vice President, Marketing C/O TREX COMPANY INC., 160 EXETER DRIVE, WINCHESTER VA 22603
William R. Gupp officer: V.P. & General Counsel C/O TREX COMPANY, 160 EXETER DRIVE, WINCHESTER VA 22603
Dennis Charles Schemm officer: VP and Chief Financial Officer CONTINENTAL BUILDING PRODUCTS, 12950 WORLDGATE DRIVE, HERNDON VA 20170
Richard E Posey director C/O TREX COMPANY INC., 160 EXETER DRIVE, WINCHESTER VA 22603
Patricia B Robinson director
James E Cline officer: Vice President and CFO C/O TREX COMPANY INC., 160 EXETER DRIVE, WINCHESTER VA 22603
Jay M Gratz director RYERSON INC, 2621 W 15TH PLACE, CHICAGO IL 60608
Gena C Lovett director 11324 FOX CREEK FARM WAY, GREAT FALLS VA 22066
Christopher Paul Gerhard officer: Vice President, Sales 160 EXETER DRIVE, WINCHESTER VA 22603
Kristine L Juster director 1600 ROYAL ST, JASPER IN 47549