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PACCAR (HAM:PAE) Shiller PE Ratio : 23.59 (As of May. 11, 2024)


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What is PACCAR Shiller PE Ratio?

As of today (2024-05-11), PACCAR's current share price is €101.22. PACCAR's E10 for the quarter that ended in Mar. 2024 was €4.29. PACCAR's Shiller PE Ratio for today is 23.59.

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

HAM:PAE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.87   Med: 20.16   Max: 27.72
Current: 23.59

During the past years, PACCAR's highest Shiller PE Ratio was 27.72. The lowest was 12.87. And the median was 20.16.

HAM:PAE's Shiller PE Ratio is ranked worse than
52.55% of 137 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 23.06 vs HAM:PAE: 23.59

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.

PACCAR's adjusted earnings per share data for the three months ended in Mar. 2024 was €2.088. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PACCAR Shiller PE Ratio Historical Data

The historical data trend for PACCAR'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.

PACCAR Shiller PE Ratio Chart

PACCAR 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 19.45 19.84 18.21 17.59 21.86

PACCAR Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.79 20.40 19.80 21.86 26.77

Competitive Comparison of PACCAR's Shiller PE Ratio

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.


PACCAR's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Shiller PE Ratio distribution charts can be found below:

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



PACCAR 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.

PACCAR's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=101.22/4.29
=23.59

* 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.

PACCAR's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, PACCAR's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.088/129.4194*129.4194
=2.088

Current CPI (Mar. 2024) = 129.4194.

PACCAR Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.442 100.560 0.569
201409 0.538 100.428 0.693
201412 0.600 99.070 0.784
201503 0.653 99.621 0.848
201506 0.748 100.684 0.961
201509 0.719 100.392 0.927
201512 0.600 99.792 0.778
201603 -1.012 100.470 -1.304
201606 0.813 101.688 1.035
201609 0.582 101.861 0.739
201612 0.518 101.863 0.658
201703 0.549 102.862 0.691
201706 0.629 103.349 0.788
201709 0.638 104.136 0.793
201712 0.941 104.011 1.171
201803 0.784 105.290 0.964
201806 0.907 106.317 1.104
201809 0.886 106.507 1.077
201812 0.967 105.998 1.181
201903 1.068 107.251 1.289
201906 1.050 108.070 1.257
201909 1.059 108.329 1.265
201912 0.918 108.420 1.096
202003 0.621 108.902 0.738
202006 0.255 108.767 0.303
202009 0.628 109.815 0.740
202012 0.641 109.897 0.755
202103 0.756 111.754 0.876
202106 0.786 114.631 0.887
202109 0.618 115.734 0.691
202112 0.867 117.630 0.954
202203 1.044 121.301 1.114
202206 1.296 125.017 1.342
202209 1.485 125.227 1.535
202212 1.661 125.222 1.717
202303 1.308 127.348 1.329
202306 2.151 128.729 2.163
202309 2.193 129.860 2.186
202312 2.476 129.419 2.476
202403 2.088 129.419 2.088

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.


PACCAR  (HAM:PAE) 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.


PACCAR Shiller PE Ratio Related Terms

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


PACCAR (HAM:PAE) Business Description

Traded in Other Exchanges
Address
777-106th Avenue N.E., Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

PACCAR (HAM:PAE) Headlines