Advanced Energy Industries Shiller PE Ratio Definition
As of today (2024-04-24), Advanced Energy Industries's current share price is $92.84. Advanced Energy Industries's E10 for the quarter that ended in Dec. 2023 was $2.84. Advanced Energy Industries's Shiller PE Ratio for today is 32.69.
The historical rank and industry rank for Advanced Energy Industries's Shiller PE Ratio or its related term are showing as below:
AEIS'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.89 Med: 52.86 Max: 462.17
Current: 32.69
During the past years, Advanced Energy Industries's highest Shiller PE Ratio was 462.17. The lowest was 25.89. And the median was 52.86.
AEIS's Shiller PE Ratio is ranked worse than 63.89% of 1706
companies
in the Industrial Products industry
Industry Median: 24.665
vs AEIS: 32.69
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.
Advanced Energy Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.84 for the trailing ten years ended in Dec. 2023.
Shiller PE for Stocks: The True Measure of Stock Valuation
Advanced Energy Industries Shiller PE Ratio Historical Data
The historical data trend for Advanced Energy Industries'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.
Competitive Comparison of Advanced Energy Industries's Shiller PE Ratio
For the Electrical Equipment & Parts subindustry, Advanced Energy Industries'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.
Advanced Energy Industries Shiller PE Ratio Distribution
For the Industrial Products industry and Industrials sector, Advanced Energy Industries's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Advanced Energy Industries's Shiller PE Ratio falls into.
Advanced Energy Industries 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.
Advanced Energy Industries's Shiller PE Ratio for today is calculated as
* 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.
Advanced Energy Industries's E10 for the quarter that ended in Dec. 2023 is calculated as:
For example, Advanced Energy Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was:
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.
Advanced Energy Industries (NAS:AEIS) 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.
Advanced Energy Industries Shiller PE Ratio Related Terms
Thank you for viewing the detailed overview of Advanced Energy Industries's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Advanced Energy Industries (Advanced Energy Industries) Business Description
Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.
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