SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'ShillerPE' OMTK (OmniTek Engineering) Shiller PE Ratio
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » OmniTek Engineering Corp (OTCPK:OMTK) » Definitions » Shiller PE Ratio

OmniTek Engineering (OmniTek Engineering) Shiller PE Ratio

: (As of Today)
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Shiller PE for Stocks: The True Measure of Stock Valuation

OmniTek Engineering Shiller PE Ratio Historical Data

The historical data trend for OmniTek Engineering'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.

OmniTek Engineering Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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OmniTek Engineering 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 - - - - -
Competitive Comparison

For the Auto Parts subindustry, OmniTek Engineering'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.

OmniTek Engineering Shiller PE Ratio Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, OmniTek Engineering's Shiller PE Ratio distribution charts can be found below:

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


OmniTek Engineering 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.

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

For example, OmniTek Engineering'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)
=0/129.4194*129.4194
=0.000

Current CPI (Dec. 2023) = 129.4194.

OmniTek Engineering Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.020 99.695 -0.026
201406 -0.020 100.560 -0.026
201409 -0.030 100.428 -0.039
201412 -0.020 99.070 -0.026
201503 -0.010 99.621 -0.013
201506 -0.010 100.684 -0.013
201509 -0.010 100.392 -0.013
201512 -0.020 99.792 -0.026
201603 -0.010 100.470 -0.013
201606 -0.010 101.688 -0.013
201609 -0.010 101.861 -0.013
201612 0.000 101.863 0.000
201703 -0.010 102.862 -0.013
201706 -0.010 103.349 -0.013
201709 -0.010 104.136 -0.012
201712 -0.020 104.011 -0.025
201803 -0.005 105.290 -0.006
201806 -0.004 106.317 -0.005
201809 -0.010 106.507 -0.012
201812 0.000 105.998 0.000
201903 -0.010 107.251 -0.012
201906 -0.010 108.070 -0.012
201909 -0.010 108.329 -0.012
201912 -0.020 108.420 -0.024
202003 -0.010 108.902 -0.012
202006 -0.010 108.767 -0.012
202009 -0.004 109.815 -0.005
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 -0.004 114.631 -0.005
202109 0.000 115.734 0.000
202112 0.005 117.630 0.006
202203 -0.003 121.301 -0.003
202206 -0.003 125.017 -0.003
202209 -0.003 125.227 -0.003
202212 0.000 125.222 0.000
202303 -0.003 127.348 -0.003
202306 -0.004 128.729 -0.004
202309 -0.002 129.860 -0.002
202312 0.000 129.419 0.000

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.

OmniTek Engineering  (OTCPK:OMTK) 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.

OmniTek Engineering Shiller PE Ratio Related Terms

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OmniTek Engineering (OmniTek Engineering) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » OmniTek Engineering Corp (OTCPK:OMTK) » Definitions » Shiller PE Ratio
Comparable Companies
FLES REII TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON LKQ SHSE:601689 SZSE:002920 TSE:7259 BWA XTER:HLE TSE:5802 ALV
Traded in Other Exchanges
N/A
Address
1345 Specialty Dr. No. E, Vista, CA, USA, 92081
Website
https://www.omnitekcorp.com
OmniTek Engineering Corp is a developer or manufacturer of patented hotwires spark plug wires. It develops and sells proprietary diesel-to-natural gas engine conversion systems and complementary products, including new natural gas engines that utilize the Company's technology. Omnitek products are available for stationary applications in the transportation industry, which includes light commercial vehicles, minibuses, heavy-duty trucks, municipal buses, as well as rail and marine applications.
Executives
Gary S Maier director 815 MORAGA DRIVE, SUITE 306, LOS ANGELES CA 90049
John M Palumbo director
Werner Funk director, 10 percent owner, officer: President, CEO and Secretary 1345 SPECIALTY DR., #E, VISTA CA 92081
Richard L Miller officer: CFO 1333 KEYSTONE WAY, #101, VISTA CA 92081
Janice M Quigley director, officer: Vice President 15-2819 INA STREET, PAHOA HI 96778
Alicia A Rolfe officer: CFO 1333 KEYSTONE WAY, #101, VISTA CA 92081
George G Chachas director
John D Garber 10 percent owner 7506 N BROADWAY EXTN, STE 505, OKLAHOMA CITY OK 73116