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CNH Industrial NV (CNH Industrial NV) Shiller PE Ratio

: 15.45 (As of Today)
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As of today (2024-04-23), CNH Industrial NV's current share price is $11.59. CNH Industrial NV's E10 for the quarter that ended in Dec. 2023 was $0.75. CNH Industrial NV's Shiller PE Ratio for today is 15.45.

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

CNHI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.64   Med: 20.75   Max: 28.76
Current: 15.45

During the past years, CNH Industrial NV's highest Shiller PE Ratio was 28.76. The lowest was 13.64. And the median was 20.75.

CNHI's Shiller PE Ratio is ranked better than
67.63% of 139 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 22.23 vs CNHI: 15.45

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.

CNH Industrial NV's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CNH Industrial NV Shiller PE Ratio Historical Data

The historical data trend for CNH Industrial NV'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.

CNH Industrial NV 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 - - - 24.77 16.16

CNH Industrial NV 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 24.77 22.73 20.29 16.53 16.16

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV'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.


CNH Industrial NV Shiller PE Ratio Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, CNH Industrial NV's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CNH Industrial NV's Shiller PE Ratio falls into.



CNH Industrial NV 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.

CNH Industrial NV's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.59/0.75
=15.45

* 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.

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

For example, CNH Industrial NV'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)
=0.46/130.0000*130.0000
=0.460

Current CPI (Dec. 2023) = 130.0000.

CNH Industrial NV Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.070 99.300 0.092
201406 0.260 99.800 0.339
201409 0.130 100.000 0.169
201412 0.060 99.900 0.078
201503 0.020 99.600 0.026
201506 0.090 100.100 0.117
201509 -0.090 100.200 -0.117
201512 0.170 100.400 0.220
201603 -0.380 100.400 -0.492
201606 0.100 101.000 0.129
201609 0.030 101.500 0.038
201612 0.070 102.200 0.089
201703 0.030 102.700 0.038
201706 0.170 103.500 0.214
201709 0.030 104.300 0.037
201712 -0.030 105.000 -0.037
201803 0.140 105.100 0.173
201806 0.290 105.900 0.356
201809 0.160 106.600 0.195
201812 0.190 107.100 0.231
201903 0.190 107.000 0.231
201906 0.310 107.900 0.373
201909 0.470 108.400 0.564
201912 0.080 108.500 0.096
202003 -0.050 108.600 -0.060
202006 0.260 108.800 0.311
202009 -0.700 109.200 -0.833
202012 0.120 109.400 0.143
202103 0.300 109.700 0.356
202106 0.510 111.400 0.595
202109 0.240 112.400 0.278
202112 0.220 114.700 0.249
202203 0.240 116.500 0.268
202206 0.400 120.500 0.432
202209 0.410 122.300 0.436
202212 0.430 125.300 0.446
202303 0.350 126.800 0.359
202306 0.520 129.400 0.522
202309 0.420 130.100 0.420
202312 0.460 130.000 0.460

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.


CNH Industrial NV  (NYSE:CNHI) 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.


CNH Industrial NV Shiller PE Ratio Related Terms

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CNH Industrial NV (CNH Industrial NV) Business Description

Address
25 St. James's Street, London, GBR, SW1A 1HA
CNH Industrial is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. The company's products are available through a robust dealer network, which includes over 3,600 dealer and distribution locations globally. CNH's finance arm provides retail financing for equipment to its customers in addition to wholesale financing for dealers, which increases the likelihood of product sales.