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IDEX (NYSE:IEX) Shiller PE Ratio

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Shiller PE for Stocks: The True Measure of Stock Valuation


IDEX Shiller PE Ratio Historical Data

The historical data trend for IDEX'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.

IDEX 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 40.55 48.11 51.17 52.73 -

IDEX 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 52.73 40.56 36.55 38.91 -

Competitive Comparison

For the Specialty Industrial Machinery subindustry, IDEX'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.

   

IDEX Shiller PE Ratio Distribution

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

* The bar in red indicates where IDEX'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.



IDEX 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.

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

For example, IDEX'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)
=0/125.6074*125.6074
=0.000

Current CPI (Dec. 2022) = 125.6074.

IDEX Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 0.740 98.209 0.946
201306 0.760 98.518 0.969
201309 0.780 98.790 0.992
201312 0.820 98.326 1.048
201403 0.910 99.695 1.147
201406 0.880 100.560 1.099
201409 0.880 100.428 1.101
201412 0.770 99.070 0.976
201503 0.840 99.621 1.059
201506 0.890 100.684 1.110
201509 1.020 100.392 1.276
201512 0.870 99.792 1.095
201603 0.890 100.470 1.113
201606 0.990 101.688 1.223
201609 0.910 101.861 1.122
201612 0.750 101.863 0.925
201703 0.990 102.862 1.209
201706 1.080 103.349 1.313
201709 1.080 104.136 1.303
201712 1.210 104.011 1.461
201803 1.270 105.290 1.515
201806 1.380 106.317 1.630
201809 1.370 106.507 1.616
201812 1.270 105.998 1.505
201903 1.440 107.251 1.686
201906 1.480 108.070 1.720
201909 1.370 108.329 1.589
201912 1.260 108.420 1.460
202003 1.330 108.902 1.534
202006 0.930 108.767 1.074
202009 1.370 109.815 1.567
202012 1.320 109.897 1.509
202103 1.480 111.754 1.663
202106 1.340 114.631 1.468
202109 1.510 115.734 1.639
202112 1.550 117.630 1.655
202203 1.830 121.301 1.895
202206 1.810 125.017 1.819
202209 2.360 125.227 2.367
202212 0.000 125.607 0.000

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.


IDEX  (NYSE:IEX) 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.


IDEX Shiller PE Ratio Related Terms

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


IDEX (NYSE:IEX) Business Description

IDEX logo
Traded in Other Exchanges
Address
3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $2.8 billion in revenue and $661 million in adjusted operating income in 2021.
Executives
Melissa Aquino officer: Former SVP, Group Exec FMT&FSD 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Marc Uleman officer: Senior VP, Group Executive HST 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Alejandro Quiroz director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Lakecia N Gunter director 3100 SANDER ROAD, SUITE 301, NORTHBROOK IL 60062
William M Cook director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Katrina L Helmkamp director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Carl R Christenson director C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184
Livingston Satterthwaite director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Mark A Buthman director P O BOX 619100, DALLAS TX 752619100
Stanfield Paris Watts director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Mark A Beck director 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
David C Parry director 155 HARLEM AVE., GLENVIEW IL 60025
Roopa Unnikrishnan officer: SVP, Strategy&Corp Development 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Lisa M Anderson officer: SVP, General Counsel &Corp Sec 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Allison S Lausas officer: VP, Chief Accounting Officer C/O SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532

IDEX (NYSE:IEX) Headlines

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