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Measurement Specialties (FRA:MEG) Shiller PE Ratio : 56.17 (As of Jun. 06, 2024)


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What is Measurement Specialties Shiller PE Ratio?

As of today (2024-06-06), Measurement Specialties's current share price is €62.35. Measurement Specialties's E10 for the quarter that ended in Jun. 2014 was €1.11. Measurement Specialties's Shiller PE Ratio for today is 56.17.

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

FRA:MEG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.24   Med: 28.46   Max: 247.67
Current: 57.86

During the past years, Measurement Specialties's highest Shiller PE Ratio was 247.67. The lowest was 2.24. And the median was 28.46.

FRA:MEG's Shiller PE Ratio is not ranked
in the Hardware industry.
Industry Median: 24.31 vs FRA:MEG: 57.86

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.

Measurement Specialties's adjusted earnings per share data for the three months ended in Jun. 2014 was €0.044. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.11 for the trailing ten years ended in Jun. 2014.

Shiller PE for Stocks: The True Measure of Stock Valuation


Measurement Specialties Shiller PE Ratio Historical Data

The historical data trend for Measurement Specialties'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.

Measurement Specialties Shiller PE Ratio Chart

Measurement Specialties Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.47 29.74 29.60 29.95 44.93

Measurement Specialties Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 33.89 37.93 41.61 44.93 57.83

Competitive Comparison of Measurement Specialties's Shiller PE Ratio

For the Scientific & Technical Instruments subindustry, Measurement Specialties'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.


Measurement Specialties's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Measurement Specialties 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.

Measurement Specialties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=62.35/1.11
=56.17

* 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.

Measurement Specialties's E10 for the quarter that ended in Jun. 2014 is calculated as:

For example, Measurement Specialties's adjusted earnings per share data for the three months ended in Jun. 2014 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=0.044/100.5595*100.5595
=0.044

Current CPI (Jun. 2014) = 100.5595.

Measurement Specialties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200409 0.237 80.121 0.297
200412 0.187 80.290 0.234
200503 0.208 81.555 0.256
200506 0.173 82.062 0.212
200509 0.245 83.876 0.294
200512 0.851 83.032 1.031
200603 0.163 84.298 0.194
200606 0.134 85.606 0.157
200609 0.181 85.606 0.213
200612 0.288 85.142 0.340
200703 0.155 86.640 0.180
200706 0.194 87.906 0.222
200709 0.165 87.964 0.189
200712 0.234 88.616 0.266
200803 0.196 90.090 0.219
200806 0.174 92.320 0.190
200809 0.181 92.307 0.197
200812 0.044 88.697 0.050
200903 -0.168 89.744 -0.188
200906 -0.071 91.003 -0.078
200909 -0.007 91.120 -0.008
200912 0.151 91.111 0.167
201003 0.209 91.821 0.229
201006 0.303 91.962 0.331
201009 0.343 92.162 0.374
201012 0.370 92.474 0.402
201103 0.379 94.283 0.404
201106 0.347 95.235 0.366
201109 0.305 95.727 0.320
201112 0.228 95.213 0.241
201203 0.395 96.783 0.410
201206 0.422 96.819 0.438
201209 0.497 97.633 0.512
201212 0.290 96.871 0.301
201303 0.433 98.209 0.443
201306 0.424 98.518 0.433
201309 0.449 98.790 0.457
201312 0.401 98.326 0.410
201403 0.404 99.695 0.408
201406 0.044 100.560 0.044

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.


Measurement Specialties  (FRA:MEG) 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.


Measurement Specialties Shiller PE Ratio Related Terms

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


Measurement Specialties (FRA:MEG) Business Description

Traded in Other Exchanges
N/A
Address
Measurement Specialties, Inc. is a New Jersey corporation organized in 1981. The Company is engaged in the design, development and manufacture of sensors and sensor-based systems for original equipment manufacturers (OEM) and end users, based on a broad portfolio of proprietary technology and typically characterized by the MEAS brand name. The Company is a multi-national corporation with fifteen main manufacturing facilities strategically located in the United States, China and Europe, enabling the Company to produce and market an array of sensors that use advanced technologies to measure precise ranges of physical characteristics. These sensors are used for engine and vehicle, medical, general industrial, consumer and home appliance, military/aerospace, and test and measurement applications. The Company's products include sensors for measuring pressure, linear/rotary position, force, torque, piezoelectric polymer film sensors, custom microstructures, load cells, vibrations and acceleration, optical absorption, humidity, gas concentration, gas flow rate, temperature, fluid properties and fluid level. The Company's advanced technologies include piezoresistive silicon, polymer and ceramic piezoelectric materials, application specific integrated circuits, micro-electromechanical systems ('MEMS'), foil strain gauges, electromagnetic force balance systems, fluid capacitive devices, linear and rotational variable differential transformers, anisotropic magneto-resistive devices, electromagnetic displacement sensors, hygroscopic capacitive structures, ultrasonic measurement systems, optical measurement systems, negative thermal coefficient ('NTC') ceramic sensors, 3-6 DOF (degree of freedom) force/torque structures, complex mechanical resonators, magnetic reed switches, high frequency multipoint scanning algorithms, and high precision submersible hydrostatic level detection. The Company's competitors include small independent companies and divisions of large corporations such as Danaher, General Electric, Schneider-Electric and Honeywell.

Measurement Specialties (FRA:MEG) Headlines

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