GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trimble Inc (NAS:TRMB) » Definitions » Shiller PE Ratio
中文

Trimble (Trimble) Shiller PE Ratio : 43.12 (As of Apr. 25, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Trimble Shiller PE Ratio?

As of today (2024-04-25), Trimble's current share price is $59.51. Trimble's E10 for the quarter that ended in Dec. 2023 was $1.38. Trimble's Shiller PE Ratio for today is 43.12.

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

TRMB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 26.97   Med: 52.97   Max: 89.45
Current: 43.12

During the past years, Trimble's highest Shiller PE Ratio was 89.45. The lowest was 26.97. And the median was 52.97.

TRMB's Shiller PE Ratio is ranked worse than
75.63% of 1354 companies
in the Hardware industry
Industry Median: 23.25 vs TRMB: 43.12

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.

Trimble's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trimble Shiller PE Ratio Historical Data

The historical data trend for Trimble'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.

Trimble Shiller PE Ratio Chart

Trimble 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 48.93 68.95 75.10 38.31 38.57

Trimble 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 38.31 38.28 38.51 38.77 38.57

Competitive Comparison of Trimble's Shiller PE Ratio

For the Scientific & Technical Instruments subindustry, Trimble'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.


Trimble's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Trimble's Shiller PE Ratio distribution charts can be found below:

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



Trimble 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.

Trimble's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=59.51/1.38
=43.12

* 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.

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

For example, Trimble'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)
=0.25/129.4194*129.4194
=0.250

Current CPI (Dec. 2023) = 129.4194.

Trimble Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.260 99.695 0.338
201406 0.290 100.560 0.373
201409 0.040 100.428 0.052
201412 0.210 99.070 0.274
201503 0.130 99.621 0.169
201506 0.100 100.684 0.129
201509 0.140 100.392 0.180
201512 0.090 99.792 0.117
201603 0.080 100.470 0.103
201606 0.140 101.688 0.178
201609 0.150 101.861 0.191
201612 0.150 101.863 0.191
201703 0.190 102.862 0.239
201706 0.180 103.349 0.225
201709 0.220 104.136 0.273
201712 -0.140 104.011 -0.174
201803 0.230 105.290 0.283
201806 0.250 106.317 0.304
201809 0.290 106.507 0.352
201812 0.340 105.998 0.415
201903 0.250 107.251 0.302
201906 0.370 108.070 0.443
201909 0.310 108.329 0.370
201912 1.110 108.420 1.325
202003 0.250 108.902 0.297
202006 0.250 108.767 0.297
202009 0.340 109.815 0.401
202012 0.710 109.897 0.836
202103 0.450 111.754 0.521
202106 0.550 114.631 0.621
202109 0.490 115.734 0.548
202112 0.450 117.630 0.495
202203 0.440 121.301 0.469
202206 0.670 125.017 0.694
202209 0.340 125.227 0.351
202212 0.340 125.222 0.351
202303 0.520 127.348 0.528
202306 0.180 128.729 0.181
202309 0.300 129.860 0.299
202312 0.250 129.419 0.250

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.


Trimble  (NAS:TRMB) 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.


Trimble Shiller PE Ratio Related Terms

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


Trimble (Trimble) Business Description

Traded in Other Exchanges
Address
10368 Westmoor Dr, Westminister, CO, USA, 80021
Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies. Its products portfolio includes 3D laser scanning, flow and application control systems, monitoring systems, water management, and navigation infrastructure. It also manufactures laser and optics-based products, and GPS products. The company serves various industries which include agriculture, architecture, civil engineering, survey and land administration, construction, geospatial among others. The company operates in four reportable segments namely, Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. It derives most of its revenues from the US and Europe with the rest coming from the Asia Pacific and other markets.
Executives
Robert G Painter officer: CFO C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Peter Large officer: Senior Vice President 935 STEWART DRIVE, SUNNYVALE CA 94085
Darryl R Matthews officer: SVP & Sector Head C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Mark S Peek director 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Kaigham Gabriel director C/O TRIMBLE INC., 935 STEWART DR, SUNNYVALE CA 94085
Ronald Bisio officer: Sr. Vice President C/O TRIMBLE INC., 935 STEWARD DR., SUNNYVALE CA 94085
Jennifer Allison officer: Corporate VP, General Counsel 10368 WESTMOOR DRIVE, WESTMINSTER CO 80021
James Calvin Dalton director 2065 COURTHOUSE ROAD, STAFFORD VA 22554
Jennifer Lin officer: Chief Platform Officer 935 STEWART DRIVE, SUNNYVALE CA 94085
James A Kirkland officer: Vice President C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
James Joel Langley officer: Sr. Vice President 935 STEWART DRIVE, SUNNYVALE CA 94085
Thomas W Sweet director ONE DELL WAY, ROUND ROCK TX 78682
Sandra Macquillan director P.O. BOX 619100, DALLAS TX 75261-9100
Bryn Fosburgh officer: VP, Geomatics & Engineering C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Steven W Berglund officer: President & CEO C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085

Trimble (Trimble) Headlines

From GuruFocus

Q1 2021 Trimble Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2022 Trimble Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 Trimble Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Trimble Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q2 2023 Trimble Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2022 Trimble Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024