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Roper Technologies (FRA:ROP) Shiller PE Ratio : 37.50 (As of Apr. 26, 2024)


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What is Roper Technologies Shiller PE Ratio?

As of today (2024-04-26), Roper Technologies's current share price is €499.50. Roper Technologies's E10 for the quarter that ended in Dec. 2023 was €13.32. Roper Technologies's Shiller PE Ratio for today is 37.50.

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

FRA:ROP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.48   Med: 43.14   Max: 56.62
Current: 36.35

During the past years, Roper Technologies's highest Shiller PE Ratio was 56.62. The lowest was 29.48. And the median was 43.14.

FRA:ROP's Shiller PE Ratio is ranked worse than
60.11% of 900 companies
in the Software industry
Industry Median: 30.44 vs FRA:ROP: 36.35

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.

Roper Technologies's adjusted earnings per share data for the three months ended in Dec. 2023 was €3.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €13.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Roper Technologies Shiller PE Ratio Historical Data

The historical data trend for Roper Technologies'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.

Roper Technologies Shiller PE Ratio Chart

Roper Technologies 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 45.77 51.64 51.73 31.28 36.67

Roper Technologies 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 31.28 31.14 33.16 32.78 36.67

Competitive Comparison of Roper Technologies's Shiller PE Ratio

For the Software - Application subindustry, Roper Technologies'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.


Roper Technologies's Shiller PE Ratio Distribution in the Software Industry

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

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



Roper Technologies 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.

Roper Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=499.50/13.32
=37.50

* 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.

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

For example, Roper Technologies'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)
=3.31/129.4194*129.4194
=3.310

Current CPI (Dec. 2023) = 129.4194.

Roper Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.056 99.695 1.371
201406 1.148 100.560 1.477
201409 1.195 100.428 1.540
201412 1.492 99.070 1.949
201503 1.423 99.621 1.849
201506 1.506 100.684 1.936
201509 1.408 100.392 1.815
201512 1.882 99.792 2.441
201603 1.329 100.470 1.712
201606 1.371 101.688 1.745
201609 1.452 101.861 1.845
201612 1.687 101.863 2.143
201703 1.431 102.862 1.800
201706 1.549 103.349 1.940
201709 1.544 104.136 1.919
201712 3.608 104.011 4.489
201803 1.646 105.290 2.023
201806 1.875 106.317 2.282
201809 2.031 106.507 2.468
201812 2.162 105.998 2.640
201903 3.124 107.251 3.770
201906 2.106 108.070 2.522
201909 2.397 108.329 2.864
201912 7.452 108.420 8.895
202003 2.063 108.902 2.452
202006 1.847 108.767 2.198
202009 1.876 109.815 2.211
202012 1.981 109.897 2.333
202103 2.293 111.754 2.655
202106 2.233 114.631 2.521
202109 2.304 115.734 2.576
202112 2.390 117.630 2.630
202203 17.198 121.301 18.349
202206 2.384 125.017 2.468
202209 3.091 125.227 3.194
202212 17.049 125.222 17.621
202303 2.475 127.348 2.515
202306 3.138 128.729 3.155
202309 3.027 129.860 3.017
202312 3.310 129.419 3.310

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.


Roper Technologies  (FRA:ROP) 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.


Roper Technologies Shiller PE Ratio Related Terms

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


Roper Technologies (FRA:ROP) Business Description

Traded in Other Exchanges
Address
6901 Professional Parkway East, Suite 200, Sarasota, FL, USA, 34240
Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.