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The Middleby Shiller PE Ratio

: 33.47 (As of Today)
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As of today (2020-11-28), The Middleby's current share price is $138.58. The Middleby's E10 for the quarter that ended in Sep. 2020 was $4.14. The Middleby's Shiller PE Ratio for today is 33.47.

NAS:MIDD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.71   Med: 39.03   Max: 70.11
Current: 33.45

11.71
70.11

During the past years, The Middleby's highest Shiller PE Ratio was 70.11. The lowest was 11.71. And the median was 39.03.

NAS:MIDD's Shiller PE Ratio is ranked lower than
72% of the 1430 Companies
in the Industrial Products industry.

( Industry Median: 19.72 vs. NAS:MIDD: 33.45 )

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.

The Middleby's adjusted earnings per share data for the three months ended in Sep. 2020 was $1.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.14 for the trailing ten years ended in Sep. 2020.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Middleby Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

The Middleby Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.57 53.13 46.85 30.67 27.82

The Middleby Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 31.02 27.82 14.16 19.44 21.65

Competitive Comparison
* 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.


The Middleby Shiller PE Ratio Distribution

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



The Middleby 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.

The Middleby's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=138.58/4.14
=33.47

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

The Middleby's E10 for the quarter that ended in Sep. 2020 is calculated as:

For example, The Middleby's adjusted earnings per share data for the three months ended in Sep. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=1.1/109.8149*109.8149
=1.100

Current CPI (Sep. 2020) = 109.8149.

The Middleby Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201012 0.377 92.914 0.445
201103 0.323 94.890 0.374
201106 0.353 95.319 0.407
201109 0.420 95.529 0.483
201112 0.620 95.632 0.712
201203 0.400 97.075 0.452
201206 0.557 96.661 0.632
201209 0.533 97.595 0.600
201212 0.703 97.158 0.795
201303 0.463 98.107 0.519
201306 0.670 98.557 0.747
201309 0.730 98.536 0.814
201312 0.873 98.692 0.972
201403 0.590 100.023 0.648
201406 0.850 100.520 0.929
201409 1.050 100.176 1.151
201412 0.900 98.604 1.002
201503 0.670 99.824 0.737
201506 0.950 100.691 1.036
201509 0.860 100.346 0.941
201512 0.880 99.957 0.967
201603 0.960 100.947 1.044
201606 1.280 101.524 1.385
201609 1.330 101.988 1.432
201612 1.410 102.456 1.511
201703 1.240 103.167 1.320
201706 1.350 103.278 1.435
201709 1.310 104.070 1.382
201712 1.350 104.578 1.418
201803 1.180 105.708 1.226
201806 1.510 106.324 1.560
201809 1.310 106.695 1.348
201812 1.700 106.200 1.758
201903 1.240 107.818 1.263
201906 1.660 108.250 1.684
201909 1.470 108.577 1.487
201912 1.960 108.841 1.978
202003 1.330 108.173 1.350
202006 0.390 109.318 0.392
202009 1.100 109.815 1.100

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.


The Middleby  (NAS:MIDD) 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.


The Middleby Shiller PE Ratio Related Terms


The Middleby Shiller PE Ratio Headlines

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