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Ball (BALL) Shiller PE Ratio

: 34.18 (As of Today)
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As of today (2024-04-19), Ball's current share price is $64.95. Ball's E10 for the quarter that ended in Dec. 2023 was $1.90. Ball's Shiller PE Ratio for today is 34.18.

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

BALL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.19   Med: 32.02   Max: 70.62
Current: 34.18

During the past years, Ball's highest Shiller PE Ratio was 70.62. The lowest was 21.19. And the median was 32.02.

BALL's Shiller PE Ratio is ranked worse than
84.29% of 261 companies
in the Packaging & Containers industry
Industry Median: 16.58 vs BALL: 34.18

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.

Ball's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ball Shiller PE Ratio Historical Data

The historical data trend for Ball'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.

Ball Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.00 65.77 59.26 28.53 30.31

Ball Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 28.53 29.82 30.93 26.04 30.31

Competitive Comparison

For the Packaging & Containers subindustry, Ball'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.


Ball Shiller PE Ratio Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Shiller PE Ratio distribution charts can be found below:

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



Ball 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.

Ball's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=64.95/1.9
=34.18

* 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.

Ball's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Ball's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.49/129.4194*129.4194
=0.490

Current CPI (Dec. 2023) = 129.4194.

Ball Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.325 99.695 0.422
201406 0.535 100.560 0.689
201409 0.520 100.428 0.670
201412 0.270 99.070 0.353
201503 0.075 99.621 0.097
201506 0.565 100.684 0.726
201509 0.160 100.392 0.206
201512 0.195 99.792 0.253
201603 -0.450 100.470 -0.580
201606 1.060 101.688 1.349
201609 0.090 101.861 0.114
201612 0.040 101.863 0.051
201703 0.190 102.862 0.239
201706 0.280 103.349 0.351
201709 0.130 104.136 0.162
201712 0.520 104.011 0.647
201803 0.350 105.290 0.430
201806 0.340 106.317 0.414
201809 0.170 106.507 0.207
201812 0.440 105.998 0.537
201903 0.340 107.251 0.410
201906 0.580 108.070 0.695
201909 0.270 108.329 0.323
201912 0.480 108.420 0.573
202003 0.070 108.902 0.083
202006 0.280 108.767 0.333
202009 0.720 109.815 0.849
202012 0.680 109.897 0.801
202103 0.600 111.754 0.695
202106 0.610 114.631 0.689
202109 0.540 115.734 0.604
202112 0.900 117.630 0.990
202203 1.370 121.301 1.462
202206 -0.550 125.017 -0.569
202209 1.240 125.227 1.282
202212 0.170 125.222 0.176
202303 0.560 127.348 0.569
202306 0.550 128.729 0.553
202309 0.640 129.860 0.638
202312 0.490 129.419 0.490

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.


Ball  (NYSE:BALL) 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.


Ball Shiller PE Ratio Related Terms

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


Ball (BALL) Business Description

Traded in Other Exchanges
Address
9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the U.S. defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports four segments—beverage packaging, North and Central America (44% of revenue), beverage packaging, EMEA (25%), beverage packaging, South America (14%), aerospace (14%)—and it generated $15.3 billion in revenue in 2022.
Executives
Ronald J. Lewis officer: SR VP & COO C/O COCA-COLA ENTERPRISES, 2500 WINDY RIDGE PARKWAY, NW, 14TH FLOOR, ATLANTA GA 30339
Howard H Yu officer: E.V.P and C.F.O 250 S. KRAEMER BLVD., BREA CA 92821
Hannah S. Lim officer: SVP, CLO & CORP SEC 2135 WEST MAPLE ROAD, TROY MI 48084
Deron Goodwin officer: Vice President & Treasurer 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
David A Kaufman officer: President, Ball Aerospace 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
John A Hayes officer: VP, CORP STR, MKTG & PROD DEV C/O BALL CORP, 10 LONGS PEAK DR, BROOMFIELD CO 80021-2510
Daniel William Fisher officer: Sr VP & COO Global Bev Pkg 2526 SPRUCE MEADOWS DRIVE, BROOMFIELD CO 80023
Cynthia Niekamp director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Betty J. Sapp director C/O BALL CORPORATION, 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
Stacey J. Panayiotou officer: SVP and CHRO 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Nate C Carey officer: Vice President & Controller 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021
Dune Ives director 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Pedro Henrique Mariani director 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021
Michael J Cave director C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004
Georgia R Nelson director C/O TOWER AUTOMOTIVE INC, 27175 HAGGERTY ROAD, NOVI MI 48377-3626

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