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Harley-Davidson (BUE:HOG) Shiller PE Ratio : 10.58 (As of Apr. 25, 2024)


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What is Harley-Davidson Shiller PE Ratio?

As of today (2024-04-25), Harley-Davidson's current share price is ARS13815.00. Harley-Davidson's E10 for the quarter that ended in Dec. 2023 was ARS1,305.85. Harley-Davidson's Shiller PE Ratio for today is 10.58.

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

BUE:HOG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.71   Med: 14.56   Max: 24.81
Current: 9.82

During the past years, Harley-Davidson's highest Shiller PE Ratio was 24.81. The lowest was 4.71. And the median was 14.56.

BUE:HOG's Shiller PE Ratio is ranked better than
77.37% of 813 companies
in the Vehicles & Parts industry
Industry Median: 17.55 vs BUE:HOG: 9.82

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.

Harley-Davidson's adjusted earnings per share data for the three months ended in Dec. 2023 was ARS194.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS1,305.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harley-Davidson Shiller PE Ratio Historical Data

The historical data trend for Harley-Davidson'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.

Harley-Davidson Shiller PE Ratio Chart

Harley-Davidson 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 11.80 11.76 10.90 10.85 9.17

Harley-Davidson 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 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 10.85 9.56 8.85 8.15 9.17

Competitive Comparison of Harley-Davidson's Shiller PE Ratio

For the Recreational Vehicles subindustry, Harley-Davidson'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.


Harley-Davidson's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Harley-Davidson's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Harley-Davidson's Shiller PE Ratio falls into.



Harley-Davidson 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.

Harley-Davidson's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13815.00/1305.85
=10.58

* 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.

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

For example, Harley-Davidson'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)
=194.94/129.4194*129.4194
=194.940

Current CPI (Dec. 2023) = 129.4194.

Harley-Davidson Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 28.782 99.695 37.364
201406 39.487 100.560 50.820
201409 17.427 100.428 22.458
201412 8.979 99.070 11.730
201503 33.603 99.621 43.654
201506 39.254 100.684 50.457
201509 19.463 100.392 25.091
201512 8.542 99.792 11.078
201603 59.584 100.470 76.752
201606 65.006 101.688 82.734
201609 28.640 101.861 36.389
201612 12.841 101.863 16.315
201703 48.564 102.862 61.102
201706 73.207 103.349 91.674
201709 21.028 104.136 26.134
201712 2.864 104.011 3.564
201803 62.260 105.290 76.529
201806 108.489 106.317 132.064
201809 75.070 106.507 91.220
201812 0.343 105.998 0.419
201903 93.816 107.251 113.208
201906 164.866 108.070 197.436
201909 92.278 108.329 110.243
201912 16.139 108.420 19.265
202003 83.794 108.902 99.581
202006 -123.228 108.767 -146.626
202009 173.722 109.815 204.735
202012 -153.808 109.897 -181.131
202103 454.003 111.754 525.767
202106 377.973 114.631 426.733
202109 308.007 115.734 344.428
202112 42.416 117.630 46.667
202203 467.068 121.301 498.328
202206 527.045 125.017 545.605
202209 741.993 125.227 766.837
202212 140.826 125.222 145.547
202303 1,209.006 127.348 1,228.673
202306 878.400 128.729 883.113
202309 1,448.793 129.860 1,443.883
202312 194.940 129.419 194.940

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.


Harley-Davidson  (BUE:HOG) 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.


Harley-Davidson Shiller PE Ratio Related Terms

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


Harley-Davidson (BUE:HOG) Business Description

Address
3700 West Juneau Avenue, Milwaukee, WI, USA, 53208
Harley-Davidson is a global leading manufacturer of heavyweight motorcycles, merchandise, parts, and accessories. It sells custom, cruiser, and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear, and apparel, as well as merchandise. Harley-Davidson Financial Services provides wholesale financing to dealers and retail financing and insurance brokerage services to customers. Harley has historically captured about half of all heavyweight domestic retail motorcycle registrations, a metric it had ceded in 2020 as it repositioned the business, and has yet to restore (at 39% in the third quarter). In recent years the firm has expanded into the adventure touring market with its Pan America model and into electric with the LiveWire brand.