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Balchem (Balchem) Shiller PE Ratio : 47.09 (As of Apr. 25, 2024)


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What is Balchem Shiller PE Ratio?

As of today (2024-04-25), Balchem's current share price is $138.43. Balchem's E10 for the quarter that ended in Dec. 2023 was $2.94. Balchem's Shiller PE Ratio for today is 47.09.

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

BCPC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 39.55   Med: 53.44   Max: 72.17
Current: 47.09

During the past years, Balchem's highest Shiller PE Ratio was 72.17. The lowest was 39.55. And the median was 53.44.

BCPC's Shiller PE Ratio is ranked worse than
83.11% of 1024 companies
in the Chemicals industry
Industry Median: 18.575 vs BCPC: 47.09

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.

Balchem's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Balchem Shiller PE Ratio Historical Data

The historical data trend for Balchem'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.

Balchem Shiller PE Ratio Chart

Balchem 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 52.11 54.75 70.40 45.13 50.58

Balchem 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 45.13 45.57 47.32 42.57 50.58

Competitive Comparison of Balchem's Shiller PE Ratio

For the Specialty Chemicals subindustry, Balchem'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.


Balchem's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Balchem's Shiller PE Ratio distribution charts can be found below:

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



Balchem 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.

Balchem's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=138.43/2.94
=47.09

* 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.

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

For example, Balchem'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)
=0.82/129.4194*129.4194
=0.820

Current CPI (Dec. 2023) = 129.4194.

Balchem Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.290 99.695 0.376
201406 0.310 100.560 0.399
201409 0.490 100.428 0.631
201412 0.610 99.070 0.797
201503 0.480 99.621 0.624
201506 0.470 100.684 0.604
201509 0.440 100.392 0.567
201512 0.490 99.792 0.635
201603 0.370 100.470 0.477
201606 0.440 101.688 0.560
201609 0.440 101.861 0.559
201612 0.500 101.863 0.635
201703 0.480 102.862 0.604
201706 0.510 103.349 0.639
201709 0.500 104.136 0.621
201712 1.300 104.011 1.618
201803 0.600 105.290 0.738
201806 0.610 106.317 0.743
201809 0.590 106.507 0.717
201812 0.630 105.998 0.769
201903 0.580 107.251 0.700
201906 0.610 108.070 0.731
201909 0.640 108.329 0.765
201912 0.630 108.420 0.752
202003 0.610 108.902 0.725
202006 0.650 108.767 0.773
202009 0.660 109.815 0.778
202012 0.680 109.897 0.801
202103 0.720 111.754 0.834
202106 0.700 114.631 0.790
202109 0.770 115.734 0.861
202112 0.760 117.630 0.836
202203 0.890 121.301 0.950
202206 0.920 125.017 0.952
202209 0.780 125.227 0.806
202212 0.660 125.222 0.682
202303 0.700 127.348 0.711
202306 0.930 128.729 0.935
202309 0.900 129.860 0.897
202312 0.820 129.419 0.820

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.


Balchem  (NAS:BCPC) 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.


Balchem Shiller PE Ratio Related Terms

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


Balchem (Balchem) Business Description

Traded in Other Exchanges
Address
5 Paragon Drive, Montvale, NJ, USA, 07645
Balchem Corp is engaged in the development, manufacture and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, agricultural, and medical sterilization industries. The segments include 1) Human Nutrition and Health segment provides human-grade choline nutrients and mineral amino acid chelated products through this segment for nutrition and health applications. 2) Animal Nutrition and Health segment provide nutritional products derived from its microencapsulation and chelation technologies in addition to the essential nutrient choline chloride. 3) Specialty Products segment includes re-packaging and distributing a number of performance gases and chemicals for various uses, notably ethylene oxide, propylene oxide, and ammonia.
Executives
David B Fischer director 425 WINTER ROAD, DELAWARE OH 43015
Olivier Rigaud director CORBION NV, PIET HEINKADE 127, AMSTERDAM P7 1019 GM
Monica Vicente director C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33114
Michael Robert Sestrick officer: Chief Technology Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Frederic Boned officer: SVP/GM, Human Nutri. & Health 5 PARAGON DRIVE, MONTVALE NJ 07645
Van Gunsteren Job Leonard officer: Vice President 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Hatsuki Miyata officer: General Counsel and Secretary 5 PARAGON DRIVE, MONTVALE NJ 07645
Michael Bent Tignor officer: Chief Human Resources Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Jonathan Harrison Griffin officer: Vice President 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Martin Luther Reid officer: Chief Supply Chain Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
William A. Backus officer: Chief Accounting Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Kathleen B Fish director ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
James C Hyde officer: Sr. Vice President 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Scott C Mason officer: Vice President C/O NOVAMERICAN STEEL INC, 1050 UNIVERSITY AVENUE, NORWOOD MA 02062
Joyce J. Lee director C/O ZOETIS INC., 100 CAMPUS DRIVE, FLORHAM PARK NJ 07940