GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TE Connectivity Ltd (BSP:T1EL34) » Definitions » Shiller PE Ratio

TE Connectivity (BSP:T1EL34) Shiller PE Ratio

: 23.42 (As of Today)
View and export this data going back to 2020. Start your Free Trial

As of today (2024-04-19), TE Connectivity's current share price is R$301.62. TE Connectivity's E10 for the quarter that ended in Dec. 2023 was R$12.88. TE Connectivity's Shiller PE Ratio for today is 23.42.

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

BSP:T1EL34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.71   Med: 28.3   Max: 52.59
Current: 23.42

During the past years, TE Connectivity's highest Shiller PE Ratio was 52.59. The lowest was 12.71. And the median was 28.30.

BSP:T1EL34's Shiller PE Ratio is ranked better than
50.59% of 1354 companies
in the Hardware industry
Industry Median: 23.6 vs BSP:T1EL34: 23.42

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.

TE Connectivity's adjusted earnings per share data for the three months ended in Dec. 2023 was R$14.111. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$12.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TE Connectivity Shiller PE Ratio Historical Data

The historical data trend for TE Connectivity'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.

TE Connectivity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.11 24.03 30.43 21.46 22.40

TE Connectivity 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 22.11 24.57 25.78 22.40 23.43

Competitive Comparison

For the Electronic Components subindustry, TE Connectivity'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.


TE Connectivity Shiller PE Ratio Distribution

For the Hardware industry and Technology sector, TE Connectivity's Shiller PE Ratio distribution charts can be found below:

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



TE Connectivity 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.

TE Connectivity's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=301.62/12.88
=23.42

* 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.

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

For example, TE Connectivity'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)
=14.111/106.4611*106.4611
=14.111

Current CPI (Dec. 2023) = 106.4611.

TE Connectivity Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.011 101.224 1.063
201406 1.084 101.517 1.137
201409 1.859 101.247 1.955
201412 1.506 100.704 1.592
201503 2.278 100.339 2.417
201506 1.167 100.464 1.237
201509 5.016 99.785 5.352
201512 1.766 99.386 1.892
201603 1.904 99.475 2.038
201606 3.971 100.088 4.224
201609 1.984 99.604 2.121
201612 1.912 99.380 2.048
201703 1.767 100.040 1.880
201706 2.010 100.285 2.134
201709 1.911 100.254 2.029
201712 -0.181 100.213 -0.192
201803 2.263 100.836 2.389
201806 2.432 101.435 2.553
201809 9.758 101.246 10.261
201812 1.553 100.906 1.638
201903 2.477 101.571 2.596
201906 4.299 102.044 4.485
201909 2.266 101.396 2.379
201912 0.164 101.063 0.173
202003 -3.347 101.048 -3.526
202006 -0.311 100.743 -0.329
202009 1.863 100.585 1.972
202012 2.932 100.241 3.114
202103 4.255 100.800 4.494
202106 4.375 101.352 4.596
202109 6.335 101.533 6.643
202112 4.863 101.776 5.087
202203 4.255 103.205 4.389
202206 4.619 104.783 4.693
202209 5.794 104.835 5.884
202212 3.252 104.666 3.308
202303 3.542 106.245 3.549
202306 4.053 106.576 4.049
202309 4.321 106.570 4.317
202312 14.111 106.461 14.111

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.


TE Connectivity  (BSP:T1EL34) 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.


TE Connectivity Shiller PE Ratio Related Terms

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


TE Connectivity (BSP:T1EL34) Business Description

Traded in Other Exchanges
Address
Muhlenstrasse 26, Schaffhausen, CHE, CH-8200
TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.

TE Connectivity (BSP:T1EL34) Headlines

No Headlines