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Nova (LTS:0YAA) Shiller PE Ratio : 75.64 (As of May. 15, 2024)


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What is Nova Shiller PE Ratio?

As of today (2024-05-15), Nova's current share price is ₪646.70. Nova's E10 for the quarter that ended in Mar. 2024 was ₪8.55. Nova's Shiller PE Ratio for today is 75.64.

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

LTS:0YAA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.92   Med: 49.11   Max: 111.83
Current: 86.58

During the past years, Nova's highest Shiller PE Ratio was 111.83. The lowest was 24.92. And the median was 49.11.

LTS:0YAA's Shiller PE Ratio is ranked worse than
87.13% of 513 companies
in the Semiconductors industry
Industry Median: 27.89 vs LTS:0YAA: 86.58

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.

Nova's adjusted earnings per share data for the three months ended in Mar. 2024 was ₪4.251. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₪8.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nova Shiller PE Ratio Historical Data

The historical data trend for Nova'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.

Nova Shiller PE Ratio Chart

Nova 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 39.00 67.33 111.62 45.78 61.75

Nova 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 54.62 58.23 52.88 61.75 76.79

Competitive Comparison of Nova's Shiller PE Ratio

For the Semiconductor Equipment & Materials subindustry, Nova'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.


Nova's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



Nova 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.

Nova's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=646.70/8.55
=75.64

* 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.

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

For example, Nova'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)
=4.251/129.4194*129.4194
=4.251

Current CPI (Mar. 2024) = 129.4194.

Nova Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.739 100.560 0.951
201409 0.444 100.428 0.572
201412 0.444 99.070 0.580
201503 0.407 99.621 0.529
201506 0.296 100.684 0.380
201509 0.739 100.392 0.953
201512 0.702 99.792 0.910
201603 0.407 100.470 0.524
201606 0.407 101.688 0.518
201609 -0.665 101.861 -0.845
201612 1.109 101.863 1.409
201703 1.774 102.862 2.232
201706 1.737 103.349 2.175
201709 1.479 104.136 1.838
201712 1.072 104.011 1.334
201803 1.811 105.290 2.226
201806 1.516 106.317 1.845
201809 1.700 106.507 2.066
201812 1.959 105.998 2.392
201903 0.998 107.251 1.204
201906 0.850 108.070 1.018
201909 1.109 108.329 1.325
201912 1.589 108.420 1.897
202003 1.516 108.902 1.802
202006 1.109 108.767 1.320
202009 1.774 109.815 2.091
202012 1.737 109.897 2.046
202103 2.218 111.754 2.569
202106 2.846 114.631 3.213
202109 3.770 115.734 4.216
202112 2.698 117.630 2.968
202203 3.955 121.301 4.220
202206 4.029 125.017 4.171
202209 4.066 125.227 4.202
202212 4.214 125.222 4.355
202303 4.066 127.348 4.132
202306 3.475 128.729 3.494
202309 3.881 129.860 3.868
202312 4.436 129.419 4.436
202403 4.251 129.419 4.251

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.


Nova  (LTS:0YAA) 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.


Nova Shiller PE Ratio Related Terms

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


Nova (LTS:0YAA) Business Description

Traded in Other Exchanges
Address
5 David Fikes Street, Rehovot, ISR, 7632805
Nova Ltd is a semiconductor equipment manufacturer. The company provides metrology solutions for process control used in semiconductor manufacturing. The company offers in-line optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems. The product range consists of Nova 2040, Nova 3090Next, Nova i500 and i500 Plus, Nova T500, Nova T600, Nova V2600, HelioSense 100, Nova Hybrid Metrology solution, NovaMars. The company generates majority of its revenue from Taiwan, R.O.C. Geographically the company has its business spread across the region of Taiwan, Korea, China, the United States, and Europe.

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