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Bechtle AG (FRA:BC8) Shiller PE Ratio : 31.24 (As of Apr. 26, 2024)


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What is Bechtle AG Shiller PE Ratio?

As of today (2024-04-26), Bechtle AG's current share price is €45.92. Bechtle AG's E10 for the quarter that ended in Dec. 2023 was €1.47. Bechtle AG's Shiller PE Ratio for today is 31.24.

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

FRA:BC8' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.31   Med: 42.25   Max: 98.93
Current: 30.91

During the past years, Bechtle AG's highest Shiller PE Ratio was 98.93. The lowest was 21.31. And the median was 42.25.

FRA:BC8's Shiller PE Ratio is ranked worse than
51% of 900 companies
in the Software industry
Industry Median: 30.44 vs FRA:BC8: 30.91

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.

Bechtle AG's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.602. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bechtle AG Shiller PE Ratio Historical Data

The historical data trend for Bechtle AG'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.

Bechtle AG Shiller PE Ratio Chart

Bechtle AG 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 54.37 67.90 60.19 25.88 30.82

Bechtle AG 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 25.88 32.70 26.01 30.64 30.82

Competitive Comparison of Bechtle AG's Shiller PE Ratio

For the Information Technology Services subindustry, Bechtle AG'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.


Bechtle AG's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Bechtle AG's Shiller PE Ratio distribution charts can be found below:

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



Bechtle AG 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.

Bechtle AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=45.92/1.47
=31.24

* 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.

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

For example, Bechtle AG'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)
=0.602/123.6675*123.6675
=0.602

Current CPI (Dec. 2023) = 123.6675.

Bechtle AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.117 99.543 0.145
201406 0.132 99.543 0.164
201409 0.167 99.823 0.207
201412 0.190 99.543 0.236
201503 0.125 99.717 0.155
201506 0.148 100.417 0.182
201509 0.188 100.417 0.232
201512 0.275 99.717 0.341
201603 0.152 100.017 0.188
201606 0.180 100.717 0.221
201609 0.205 101.017 0.251
201612 0.283 101.217 0.346
201703 0.177 101.417 0.216
201706 0.200 102.117 0.242
201709 0.233 102.717 0.281
201712 0.297 102.617 0.358
201803 0.197 102.917 0.237
201806 0.243 104.017 0.289
201809 0.257 104.718 0.304
201812 0.390 104.217 0.463
201903 0.250 104.217 0.297
201906 0.310 105.718 0.363
201909 0.320 106.018 0.373
201912 0.473 105.818 0.553
202003 0.290 105.718 0.339
202006 0.323 106.618 0.375
202009 0.400 105.818 0.467
202012 0.512 105.518 0.600
202103 0.350 107.518 0.403
202106 0.460 108.486 0.524
202109 0.500 109.435 0.565
202112 0.540 110.384 0.605
202203 0.420 113.968 0.456
202206 0.500 115.760 0.534
202209 0.500 118.818 0.520
202212 0.560 119.345 0.580
202303 0.450 122.402 0.455
202306 0.530 123.140 0.532
202309 0.530 124.195 0.528
202312 0.602 123.668 0.602

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.


Bechtle AG  (FRA:BC8) 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.


Bechtle AG Shiller PE Ratio Related Terms

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


Bechtle AG (FRA:BC8) Business Description

Traded in Other Exchanges
Address
Bechtle Platz 1, Neckarsulm, BW, DEU, 74172
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. Bechtle operates through two segments: IT System House and Managed Services, and IT E-commerce. The IT System House and Managed Services segment consist of IT strategy consulting, hardware and software sales, project planning and roll-out, system integrations, IT services and training, and client management, among others. The IT E-commerce segment includes e-procurement services, software solutions, and product marketing through the Internet and telemarketing.
Executives
Klaus Winkler Supervisory Board

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