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Forrester Research (NAS:FORR) Shiller PE Ratio

: 40.09 (As of Today)
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As of today (2023-03-26), Forrester Research's current share price is $32.07. Forrester Research's E10 for the quarter that ended in Dec. 2022 was $0.80. Forrester Research's Shiller PE Ratio for today is 40.09.

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

FORR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 30.67   Med: 44.08   Max: 75.29
Current: 40.2

During the past years, Forrester Research's highest Shiller PE Ratio was 75.29. The lowest was 30.67. And the median was 44.08.

FORR's Shiller PE Ratio is ranked worse than
74.11% of 394 companies
in the Business Services industry
Industry Median: 22.30 vs FORR: 40.20

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.

Forrester Research's adjusted earnings per share data for the three months ended in Dec. 2022 was $-0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.80 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forrester Research Shiller PE Ratio Historical Data

The historical data trend for Forrester Research'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.

Forrester Research Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.72 54.37 57.81 75.01 44.82

Forrester Research Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 75.01 69.50 55.32 43.18 44.82

Competitive Comparison

For the Consulting Services subindustry, Forrester Research'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.

   

Forrester Research Shiller PE Ratio Distribution

For the Business Services industry and Industrials sector, Forrester Research's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Forrester Research's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.



Forrester Research 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.

Forrester Research's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=32.07/0.8
=40.09

* 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.

Forrester Research's E10 for the quarter that ended in Dec. 2022 is calculated as:

For example, Forrester Research's adjusted earnings per share data for the three months ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.09/125.2218*125.2218
=-0.090

Current CPI (Dec. 2022) = 125.2218.

Forrester Research Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 0.100 98.209 0.128
201306 0.280 98.518 0.356
201309 0.120 98.790 0.152
201312 0.100 98.326 0.127
201403 -0.003 99.695 -0.004
201406 0.230 100.560 0.286
201409 0.160 100.428 0.200
201412 0.190 99.070 0.240
201503 -0.010 99.621 -0.013
201506 0.310 100.684 0.386
201509 0.250 100.392 0.312
201512 0.110 99.792 0.138
201603 0.070 100.470 0.087
201606 0.410 101.688 0.505
201609 0.170 101.861 0.209
201612 0.310 101.863 0.381
201703 0.160 102.862 0.195
201706 0.340 103.349 0.412
201709 0.220 104.136 0.265
201712 0.110 104.011 0.132
201803 -0.100 105.290 -0.119
201806 0.430 106.317 0.506
201809 0.210 106.507 0.247
201812 0.290 105.998 0.343
201903 -0.730 107.251 -0.852
201906 0.080 108.070 0.093
201909 -0.150 108.329 -0.173
201912 0.260 108.420 0.300
202003 -0.030 108.902 -0.034
202006 0.630 108.767 0.725
202009 -0.200 109.815 -0.228
202012 0.130 109.897 0.148
202103 0.210 111.754 0.235
202106 0.430 114.631 0.470
202109 0.230 115.734 0.249
202112 0.410 117.630 0.436
202203 0.220 121.301 0.227
202206 0.720 125.017 0.721
202209 0.280 125.227 0.280
202212 -0.090 125.222 -0.090

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.


Forrester Research  (NAS:FORR) 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.


Forrester Research Shiller PE Ratio Related Terms

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


Forrester Research (NAS:FORR) Business Description

Forrester Research logo
Traded in Other Exchanges
Address
60 Acorn Park Drive, Cambridge, MA, USA, 02140
Forrester Research Inc is a United States-based company that provides independent research, data, and advisory services. It operates through the following segments: The Research segment develops and delivers research, connect, and analytics products; The consulting segment includes the revenues and the related costs of the company's consulting organization, and the Events segment is engaged in developing and hosting in-person and virtual events.
Executives
Roy Sarah Le officer: Chief People Officer C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Warren N Romine director 7325 16TH STREET NW, WASHINGTON DC 20012
Sharyn Leaver officer: Chief Research Officer C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Alicia Lee officer: Chief Consulting Officer C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Nathaniel Swan officer: Chief Sales Officer C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
George F Colony director, 10 percent owner, officer: Chairman & CEO C/O FORRESTER RESEARCH INC, 1033 MASSACHUSETTS AVE, CAMBRIDGE MA 02138
Leo Christian Finn officer: Chief Financial Officer C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Michael Kasparian officer: Chief Information Officer C/O FORRESTER RESEARCH, 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Shirley Macbeth officer: Chief Marketing Officer C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Sherri Kottmann officer: Chief People Officer C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Carrie Johnson officer: Chief Research Officer C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Jean Birch director 3050 SOFT HORIZON WAY, LAS VEGAS NV 89135
Kelley Hippler officer: Chief Sales Officer C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DR., CAMBRIDGE MA 02140
Anthony J Friscia director C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Yvonne Wassenaar director C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140

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