GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hurco Companies Inc (NAS:HURC) » Definitions » Shiller PE Ratio

Hurco (HURC) Shiller PE Ratio : 9.38 (As of Apr. 28, 2024)


View and export this data going back to 1989. Start your Free Trial

What is Hurco Shiller PE Ratio?

As of today (2024-04-28), Hurco's current share price is $18.47. Hurco's E10 for the quarter that ended in Jan. 2024 was $1.97. Hurco's Shiller PE Ratio for today is 9.38.

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

HURC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.38   Med: 15.55   Max: 29.02
Current: 9.38

During the past years, Hurco's highest Shiller PE Ratio was 29.02. The lowest was 9.38. And the median was 15.55.

HURC's Shiller PE Ratio is ranked better than
91.26% of 1716 companies
in the Industrial Products industry
Industry Median: 25.01 vs HURC: 9.38

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.

Hurco's adjusted earnings per share data for the three months ended in Jan. 2024 was $-0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.97 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hurco Shiller PE Ratio Historical Data

The historical data trend for Hurco'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.

Hurco Shiller PE Ratio Chart

Hurco Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.03 14.35 15.45 11.53 9.77

Hurco Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 13.68 11.03 11.43 9.77 12.24

Competitive Comparison of Hurco's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Hurco'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.


Hurco's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hurco's Shiller PE Ratio distribution charts can be found below:

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



Hurco 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.

Hurco's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.47/1.97
=9.38

* 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.

Hurco's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Hurco's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.25/129.4194*129.4194
=-0.250

Current CPI (Jan. 2024) = 129.4194.

Hurco Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.540 100.023 0.699
201407 0.660 100.520 0.850
201410 0.740 100.176 0.956
201501 0.570 98.604 0.748
201504 0.600 99.824 0.778
201507 0.550 100.691 0.707
201510 0.720 100.346 0.929
201601 0.580 99.957 0.751
201604 0.560 100.947 0.718
201607 0.400 101.524 0.510
201610 0.450 101.988 0.571
201701 0.130 102.456 0.164
201704 0.540 103.167 0.677
201707 0.580 103.278 0.727
201710 1.000 104.070 1.244
201801 0.430 104.578 0.532
201804 0.550 105.708 0.673
201807 0.950 106.324 1.156
201810 1.220 106.695 1.480
201901 0.970 106.200 1.182
201904 0.760 107.818 0.912
201907 0.510 108.250 0.610
201910 0.310 108.577 0.370
202001 -0.130 108.841 -0.155
202004 -0.580 108.173 -0.694
202007 0.320 109.318 0.379
202010 -0.540 109.861 -0.636
202101 0.100 110.364 0.117
202104 0.360 112.673 0.414
202107 0.230 115.183 0.258
202110 0.310 116.696 0.344
202201 0.530 118.619 0.578
202204 0.300 121.978 0.318
202207 0.180 125.002 0.186
202210 0.220 125.734 0.226
202301 0.200 126.223 0.205
202304 0.060 127.992 0.061
202307 0.040 128.974 0.040
202310 0.360 129.810 0.359
202401 -0.250 129.419 -0.250

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.


Hurco  (NAS:HURC) 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.


Hurco Shiller PE Ratio Related Terms

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


Hurco (HURC) Business Description

Traded in Other Exchanges
Address
One Technology Way, Indianapolis, IN, USA, 46268
Hurco Companies Inc is a United States-based industrial technology company. It designs, manufactures, and sells computerized machine tools, consisting mainly of vertical machining centers and turning centers, to companies in the metal working industry through sales, service and distribution network. The company concentrated on designing user-friendly computer control systems that can be operated by both skilled and unskilled machine tool operators. It generates maximum revenue from the Computerized Machine Tools product. Geographically, It derives a majority of revenue from the United States of America. Its product categories include 5-Axis VMC; 3-Axis VMC; Horizontal MC and Turning Centers.
Executives
Michael Doar director, officer: Chairman & CEO ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Jonathon D. Wright officer: General Counsel/Corp Secretary ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC>, INDIANAPOLIS IN 46268
Richard R. Porter director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Haiquynh Jamison officer: Corporate Controller ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC., INDIANAPOLIS IN 46268
Gregory S Volovic officer: EVP-Technology and Operations ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Sonja K Mcclelland officer: Chief Financial Officer ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Thomas A. Aaro director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Timothy J Gardner director 3600 WEST LAKE AVENUE, GLENVIEW IL 60026
Robert W Cruickshank director
Cynthia S Dubin director 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Janaki Sivanesan director 575 MADISON AVENUE, NEW YORK NY 10022
Jay C. Longbottom director C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Andrew Sheeley Niner director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald G. Strackbein director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268

Hurco (HURC) Headlines

From GuruFocus

Hurco Companies, Inc. Announces Quarterly Cash Dividend

By Marketwired Marketwired 11-13-2020

Hurco Announces Quarterly Cash Dividend

By sperokesalga sperokesalga 06-09-2023

Hurco Companies, Inc. Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 06-30-2022

Hurco Companies, Inc. Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 07-10-2022

Hurco Companies, Inc. Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 06-20-2022

Hurco Companies, Inc. Announces Quarterly Cash Dividend

By Marketwired Marketwired 09-10-2021

Unveiling the Dividend Profile of Hurco Companies Inc

By GuruFocus Research 09-29-2023

Hurco Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 03-11-2022