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TAT Technologies (XTAE:TATT) Shiller PE Ratio : 559.50 (As of Jun. 05, 2024)


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What is TAT Technologies Shiller PE Ratio?

As of today (2024-06-05), TAT Technologies's current share price is ₪55.95. TAT Technologies's E10 for the quarter that ended in Mar. 2024 was ₪0.10. TAT Technologies's Shiller PE Ratio for today is 559.50.

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

XTAE:TATT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.15   Med: 22.22   Max: 1669
Current: 576.7

During the past years, TAT Technologies's highest Shiller PE Ratio was 1669.00. The lowest was 10.15. And the median was 22.22.

XTAE:TATT's Shiller PE Ratio is ranked worse than
98.53% of 136 companies
in the Aerospace & Defense industry
Industry Median: 37.35 vs XTAE:TATT: 576.70

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.

TAT Technologies's adjusted earnings per share data for the three months ended in Mar. 2024 was ₪0.706. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₪0.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAT Technologies Shiller PE Ratio Historical Data

The historical data trend for TAT Technologies'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.

TAT Technologies Shiller PE Ratio Chart

TAT Technologies 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 - 189.40 - 1,182.03 743.39

TAT Technologies 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 - - - 743.39 471.87

Competitive Comparison of TAT Technologies's Shiller PE Ratio

For the Aerospace & Defense subindustry, TAT Technologies'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.


TAT Technologies's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAT Technologies's Shiller PE Ratio distribution charts can be found below:

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



TAT Technologies 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.

TAT Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=55.95/0.1
=559.50

* 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.

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

For example, TAT Technologies'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)
=0.706/131.7762*131.7762
=0.706

Current CPI (Mar. 2024) = 131.7762.

TAT Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.149 100.560 0.195
201409 -0.186 100.428 -0.244
201412 0.483 99.070 0.642
201503 0.817 99.621 1.081
201506 0.297 100.684 0.389
201509 0.074 100.392 0.097
201512 1.263 99.792 1.668
201603 0.037 100.470 0.049
201606 -1.040 101.688 -1.348
201609 0.371 101.861 0.480
201612 0.669 101.863 0.865
201703 0.520 102.862 0.666
201706 0.260 103.349 0.332
201709 0.371 104.136 0.469
201712 -0.111 104.011 -0.141
201803 -0.297 105.290 -0.372
201806 -0.594 106.317 -0.736
201809 -0.223 106.507 -0.276
201812 -0.743 105.998 -0.924
201903 0.037 107.251 0.045
201906 0.074 108.070 0.090
201909 0.074 108.329 0.090
201912 0.223 108.420 0.271
202003 0.186 108.902 0.225
202006 -0.966 108.767 -1.170
202009 -0.594 109.815 -0.713
202012 -0.854 109.897 -1.024
202103 0.260 111.754 0.307
202106 -1.040 114.631 -1.196
202109 -0.409 115.734 -0.466
202112 -0.297 117.630 -0.333
202203 -0.631 121.301 -0.685
202206 -0.037 125.017 -0.039
202209 -0.149 125.227 -0.157
202212 0.204 125.222 0.215
202303 0.275 127.348 0.285
202306 0.557 128.729 0.570
202309 0.892 129.860 0.905
202312 0.149 129.419 0.152
202403 0.706 131.776 0.706

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.


TAT Technologies  (XTAE:TATT) 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.


TAT Technologies Shiller PE Ratio Related Terms

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


TAT Technologies (XTAE:TATT) Business Description

Traded in Other Exchanges
Address
Hamelacha 5, Netanya, ISR, 4250540
TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.