GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Compass Diversified Holdings (NYSE:CODI) » Definitions » Shiller PE Ratio

Compass Diversified Holdings (Compass Diversified Holdings) Shiller PE Ratio

: 13.78 (As of Today)
View and export this data going back to 2006. Start your Free Trial

As of today (2024-04-19), Compass Diversified Holdings's current share price is $22.33. Compass Diversified Holdings's E10 for the quarter that ended in Dec. 2023 was $1.62. Compass Diversified Holdings's Shiller PE Ratio for today is 13.78.

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

CODI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.2   Med: 14.12   Max: 21.54
Current: 13.78

During the past years, Compass Diversified Holdings's highest Shiller PE Ratio was 21.54. The lowest was 9.20. And the median was 14.12.

CODI's Shiller PE Ratio is ranked better than
58.75% of 337 companies
in the Conglomerates industry
Industry Median: 15.81 vs CODI: 13.78

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.

Compass Diversified Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Compass Diversified Holdings Shiller PE Ratio Historical Data

The historical data trend for Compass Diversified Holdings'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.

Compass Diversified Holdings 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 18.24 13.54 21.49 12.44 13.88

Compass Diversified Holdings 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 12.44 11.81 13.56 13.57 13.88

Competitive Comparison

For the Conglomerates subindustry, Compass Diversified Holdings'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.


Compass Diversified Holdings Shiller PE Ratio Distribution

For the Conglomerates industry and Industrials sector, Compass Diversified Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Compass Diversified Holdings's Shiller PE Ratio falls into.



Compass Diversified Holdings 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.

Compass Diversified Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=22.33/1.62
=13.78

* 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.

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

For example, Compass Diversified Holdings'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)
=1.77/129.4194*129.4194
=1.770

Current CPI (Dec. 2023) = 129.4194.

Compass Diversified Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.080 99.695 0.104
201406 0.110 100.560 0.142
201409 5.150 100.428 6.637
201412 0.040 99.070 0.052
201503 -0.470 99.621 -0.611
201506 0.400 100.684 0.514
201509 3.010 100.392 3.880
201512 -0.390 99.792 -0.506
201603 -0.310 100.470 -0.399
201606 0.330 101.688 0.420
201609 0.750 101.861 0.953
201612 -0.140 101.863 -0.178
201703 -0.600 102.862 -0.755
201706 -0.530 103.349 -0.664
201709 0.100 104.136 0.124
201712 0.530 104.011 0.659
201803 -0.090 105.290 -0.111
201806 -0.110 106.317 -0.134
201809 -0.070 106.507 -0.085
201812 -0.250 105.998 -0.305
201903 1.720 107.251 2.076
201906 3.380 108.070 4.048
201909 -1.300 108.329 -1.553
201912 -0.230 108.420 -0.275
202003 -0.260 108.902 -0.309
202006 -0.300 108.767 -0.357
202009 0.080 109.815 0.094
202012 -0.060 109.897 -0.071
202103 0.010 111.754 0.012
202106 -0.380 114.631 -0.429
202109 0.970 115.734 1.085
202112 -0.040 117.630 -0.044
202203 0.140 121.301 0.149
202206 0.170 125.017 0.176
202209 -0.210 125.227 -0.217
202212 -0.340 125.222 -0.351
202303 1.290 127.348 1.311
202306 -0.350 128.729 -0.352
202309 -0.330 129.860 -0.329
202312 1.770 129.419 1.770

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.


Compass Diversified Holdings  (NYSE:CODI) 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.


Compass Diversified Holdings Shiller PE Ratio Related Terms

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


Compass Diversified Holdings (Compass Diversified Holdings) Business Description

Traded in Other Exchanges
Address
301 Riverside Avenue, Second Floor, Westport, CT, USA, 06880
Compass Diversified Holdings is a diversified business conglomerate based in the United States having two groups: branded consumer business and niche industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Niche industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. It includes Advanced Circuits, Arnold, Foam Fabricators, and Sterno. The company has operations in the United States, Canada, Europe, Asia Pacific, and other International areas.
Executives
Ryan J Faulkingham other: See Remark (a) SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Harold S Edwards other: See Remark (a) SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Teri Shaffer other: See Remark (a) 301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
Nancy Mahon other: See Remark (a) C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Alexander S. Bhathal other: See Remark (a) 301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
James Bottiglieri other: See Remark (a) 2187 ATLANTIC ST, STAMFORD CT 06902
Larry L Enterline other: See Remark (a) 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Gordon M Burns other: See Remark (a) AZTAR CORPORATION, 2390 E. CAMELBACK RD., SUITE 400, PHOENIX AZ 85016
Compass Group Investments, Ltd. 10 percent owner BELVEDERE BUILDING, 69 PITTS BAY ROAD, HAMILTON HM 08 D0 00000
Patrick A Maciariello other: See Remarks (a) 301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
Elias Sabo other: See Remarks (a) 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Simon Heidi Locke other: See Remark (a) 26 KENSETT LANE, DARIEN CT 06820
Sarah Gaines Mccoy other: See Remark (a) 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203-5862
C Sean Day other: See Remark (a)
D Eugene Ewing other: See Remark (a) SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880