GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Cabot Corp (NYSE:CBT) » Definitions » Shiller PE Ratio

Cabot (CBT) Shiller PE Ratio

: 55.38 (As of Today)
View and export this data going back to 1968. Start your Free Trial

As of today (2024-04-18), Cabot's current share price is $91.93. Cabot's E10 for the quarter that ended in Dec. 2023 was $1.66. Cabot's Shiller PE Ratio for today is 55.38.

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

CBT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.85   Med: 28.76   Max: 72.09
Current: 55.31

During the past years, Cabot's highest Shiller PE Ratio was 72.09. The lowest was 9.85. And the median was 28.76.

CBT's Shiller PE Ratio is ranked worse than
87.48% of 1014 companies
in the Chemicals industry
Industry Median: 18.735 vs CBT: 55.31

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.

Cabot's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cabot Shiller PE Ratio Historical Data

The historical data trend for Cabot'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.

Cabot Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.41 25.01 32.85 52.00 39.77

Cabot 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 52.16 55.63 47.17 39.77 50.24

Competitive Comparison

For the Specialty Chemicals subindustry, Cabot'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.


Cabot Shiller PE Ratio Distribution

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

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



Cabot 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.

Cabot's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=91.93/1.66
=55.38

* 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.

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

For example, Cabot'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)
=0.88/129.4194*129.4194
=0.880

Current CPI (Dec. 2023) = 129.4194.

Cabot Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.540 99.695 0.701
201406 0.780 100.560 1.004
201409 0.510 100.428 0.657
201412 0.690 99.070 0.901
201503 0.410 99.621 0.533
201506 -7.040 100.684 -9.049
201509 0.680 100.392 0.877
201512 -0.112 99.792 -0.145
201603 0.760 100.470 0.979
201606 0.880 101.688 1.120
201609 0.830 101.861 1.055
201612 0.860 101.863 1.093
201703 1.190 102.862 1.497
201706 0.730 103.349 0.914
201709 1.070 104.136 1.330
201712 -1.980 104.011 -2.464
201803 -2.800 105.290 -3.442
201806 1.400 106.317 1.704
201809 1.510 106.507 1.835
201812 1.140 105.998 1.392
201903 0.390 107.251 0.471
201906 0.550 108.070 0.659
201909 0.550 108.329 0.657
201912 0.700 108.420 0.836
202003 -0.010 108.902 -0.012
202006 -0.120 108.767 -0.143
202009 -4.817 109.815 -5.677
202012 1.060 109.897 1.248
202103 1.300 111.754 1.505
202106 1.480 114.631 1.671
202109 0.500 115.734 0.559
202112 -1.570 117.630 -1.727
202203 1.840 121.301 1.963
202206 1.690 125.017 1.750
202209 1.640 125.227 1.695
202212 0.930 125.222 0.961
202303 1.290 127.348 1.311
202306 1.430 128.729 1.438
202309 4.100 129.860 4.086
202312 0.880 129.419 0.880

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.


Cabot  (NYSE:CBT) 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.


Cabot Shiller PE Ratio Related Terms

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


Cabot (CBT) Business Description

Traded in Other Exchanges
Address
Two Seaport Lane, Suite 1400, Boston, MA, USA, 02210
Cabot Corp manufactures and sells a variety of chemicals, materials, and chemical-based products. The company organizes itself into two segments based on the product type. The reinforcement materials segment, which generates more revenue than any other segment, sells rubber-grade carbon black products used in hoses and belts in automobiles. The performance chemicals segment sells ink-jet colorants and metal oxides used in the automotive and construction industries.
Executives
Erica Mclaughlin officer: Senior Vice President, CFO C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Karen A Kalita officer: SVP and General Counsel C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Hobart Kalkstein officer: Senior Vice President C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Michelle Elizabeth Williams director 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Sean D Keohane officer: Vice President C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Raffiq Nathoo director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1400, BOSTON MA 02210
Douglas G Delgrosso director
Lisa M Dumont officer: Controller C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Jeff Ji Zhu officer: Senior Vice President C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Christine Y Yan director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
John R Doubman officer: Senior Vice President C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Frank Anders Wilson director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Patrick M. Prevost director, officer: President and CEO C/O SOUTHWESTERN ENERGY COMPANY, 10000 ENERGY DRIVE, SPRING TX 77389-4954
Nicholas S. Cross officer: Executive Vice President C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Brian A Berube officer: Vice President,General Counsel C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210