As of today (2024-04-24), AdvanSix's current share price is $26.64. AdvanSix's E10 for the fiscal year that ended in Dec23 was $3.32. AdvanSix's Shiller PE Ratio for today is 8.02.
The historical rank and industry rank for AdvanSix's Shiller PE Ratio or its related term are showing as below:
ASIX'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.58 Med: 8.57 Max: 12.5
Current: 8.02
During the past 11 years, AdvanSix's highest Shiller PE Ratio was 12.50. The lowest was 7.58. And the median was 8.57.
ASIX's Shiller PE Ratio is ranked better than 90.03% of 1023
companies
in the Chemicals industry
Industry Median: 18.53
vs ASIX: 8.02
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.
AdvanSix's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $1.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.32 for the trailing ten years ended in Dec23.
Shiller PE for Stocks: The True Measure of Stock Valuation
AdvanSix Shiller PE Ratio Historical Data
The historical data trend for AdvanSix'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 AdvanSix's Shiller PE Ratio
For the Chemicals subindustry, AdvanSix'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.
AdvanSix's Shiller PE Ratio Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, AdvanSix's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where AdvanSix's Shiller PE Ratio falls into.
AdvanSix 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.
AdvanSix'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.
AdvanSix's E10 for the fiscal year that ended in Dec23 is calculated as:
For example, AdvanSix's adjusted earnings per share data for the fiscal year that ended in Dec23 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.
AdvanSix (NYSE:ASIX) 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.
AdvanSix Shiller PE Ratio Related Terms
Thank you for viewing the detailed overview of AdvanSix's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
AdvanSix Inc. is an integrated manufacturer of Nylon 6, a polymer resin and fertilizers. Nylon 6 is a synthetic material used by customers to produce engineered plastics, fibers, filaments, and films, which in turn are used in such end-products as automotive and electronic components, carpets, sports apparel, fishing nets and food and industrial packaging. In addition, it also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process including caprolactam, ammonium sulfate fertilizers, and other chemical intermediates. Geographically, the group operates through the United States and its business is also expanding internationally but it derives the majority of its revenue from the United States region.
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