GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Elbit Systems Ltd (NAS:ESLT) » Definitions » Shiller PE Ratio

Elbit Systems (Elbit Systems) Shiller PE Ratio

: 28.06 (As of Today)
View and export this data going back to 1996. Start your Free Trial

As of today (2024-04-19), Elbit Systems's current share price is $201.49. Elbit Systems's E10 for the quarter that ended in Dec. 2023 was $7.18. Elbit Systems's Shiller PE Ratio for today is 28.06.

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

ESLT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.12   Med: 24.07   Max: 32.05
Current: 29.12

During the past years, Elbit Systems's highest Shiller PE Ratio was 32.05. The lowest was 13.12. And the median was 24.07.

ESLT's Shiller PE Ratio is ranked better than
59.12% of 137 companies
in the Aerospace & Defense industry
Industry Median: 37.06 vs ESLT: 29.12

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.

Elbit Systems's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $7.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elbit Systems Shiller PE Ratio Historical Data

The historical data trend for Elbit Systems'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 29.51 [6] => 22.77 [7] => 22.83 [8] => 22.41 [9] => 29.71 )
Elbit Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.51 22.77 22.83 22.41 29.71

Elbit Systems 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 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 22.41 23.40 29.39 28.69 29.71

Competitive Comparison

For the Aerospace & Defense subindustry, Elbit Systems'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.


Elbit Systems Shiller PE Ratio Distribution

For the Aerospace & Defense industry and Industrials sector, Elbit Systems's Shiller PE Ratio distribution charts can be found below:

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



Elbit Systems 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.

Elbit Systems's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=201.49/7.18
=28.06

* 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.

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

For example, Elbit Systems'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)
=0.67/129.4194*129.4194
=0.670

Current CPI (Dec. 2023) = 129.4194.

Elbit Systems Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.130 99.695 1.467
201406 1.030 100.560 1.326
201409 0.820 100.428 1.057
201412 1.030 99.070 1.346
201503 1.040 99.621 1.351
201506 1.060 100.684 1.363
201509 1.160 100.392 1.495
201512 1.470 99.792 1.906
201603 1.220 100.470 1.572
201606 1.270 101.688 1.616
201609 1.480 101.861 1.880
201612 1.570 101.863 1.995
201703 1.070 102.862 1.346
201706 1.460 103.349 1.828
201709 1.440 104.136 1.790
201712 1.620 104.011 2.016
201803 1.160 105.290 1.426
201806 2.150 106.317 2.617
201809 1.500 106.507 1.823
201812 0.030 105.998 0.037
201903 1.180 107.251 1.424
201906 1.220 108.070 1.461
201909 1.630 108.329 1.947
201912 1.160 108.420 1.385
202003 1.440 108.902 1.711
202006 2.020 108.767 2.404
202009 0.380 109.815 0.448
202012 1.530 109.897 1.802
202103 1.640 111.754 1.899
202106 2.300 114.631 2.597
202109 2.080 115.734 2.326
202112 6.200 117.630 6.821
202203 1.190 121.301 1.270
202206 1.820 125.017 1.884
202209 1.260 125.227 1.302
202212 1.910 125.222 1.974
202303 1.400 127.348 1.423
202306 1.400 128.729 1.408
202309 1.360 129.860 1.355
202312 0.670 129.419 0.670

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.


Elbit Systems  (NAS:ESLT) 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.


Elbit Systems Shiller PE Ratio Related Terms

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


Elbit Systems (Elbit Systems) Business Description

Traded in Other Exchanges
Address
Advanced Technology Center, P.O. Box 539, Haifa, ISR, 3100401
Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.

Elbit Systems (Elbit Systems) Headlines