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Carpenter Technology Corp  (NYSE:CRS) Shiller PE Ratio: 23.13 (As of Today)

As of today, Carpenter Technology Corp's current share price is $43.48. Carpenter Technology Corp's E10 for the quarter that ended in Mar. 2019 was $1.88. Carpenter Technology Corp's Shiller P/E Ratio for today is 23.13.

NYSE:CRS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.9   Max: 36.89
Current: 23.09

7.9
36.89

During the past years, Carpenter Technology Corp's highest Shiller P/E Ratio was 36.89. The lowest was 7.90. And the median was 19.51.

NYSE:CRS's Shiller PE Ratio is ranked lower than
61% of the 732 Companies
in the Global industry.

( Industry Median: 21.39 vs. NYSE:CRS: 23.09 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Carpenter Technology Corp's adjusted earnings per share data for the three months ended in Mar. 2019 was $1.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.88 for the trailing ten years ended in Mar. 2019.


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.

Carpenter Technology Corp Annual Data

Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.71 13.65 13.75 18.49 29.18

Carpenter Technology Corp Quarterly Data

Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 24.39 29.18 32.76 20.07 24.41

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.


Carpenter Technology Corp Distribution

* The bar in red indicates where Carpenter Technology Corp's Shiller PE Ratio falls into.



Calculation

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Carpenter Technology Corp's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/ E10
=43.48/1.88
=23.13

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

Carpenter Technology Corp's E10 for the fiscal year that ended in Jun18 is calculated as:

For example, Carpenter Technology Corp's adjusted earnings per share data for the three months ended in Mar. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=1.05/254.202*254.202
=1.050

Current CPI (Mar. 2019) = 254.202.

Carpenter Technology Corp Quarterly Data

per_share_eps CPI Adj_EPS
200906 -0.480 215.693 -0.566
200909 -0.210 215.969 -0.247
200912 0.080 215.949 0.094
201003 0.050 217.631 0.058
201006 0.130 217.965 0.152
201009 0.170 218.439 0.198
201012 0.210 219.179 0.244
201103 0.640 223.467 0.728
201106 0.570 225.722 0.642
201109 0.530 226.889 0.594
201112 0.520 225.672 0.586
201203 0.690 229.392 0.765
201206 0.770 229.478 0.853
201209 0.740 231.407 0.813
201212 0.620 229.601 0.686
201303 0.620 232.773 0.677
201306 0.770 233.504 0.838
201309 0.650 234.149 0.706
201312 0.550 233.049 0.600
201403 0.570 236.293 0.613
201406 0.710 238.343 0.757
201409 0.250 238.031 0.267
201412 0.450 234.812 0.487
201503 -0.030 236.119 -0.032
201506 0.440 238.638 0.469
201509 0.180 237.945 0.192
201512 0.230 236.525 0.247
201603 -0.510 238.132 -0.544
201606 0.320 241.018 0.338
201609 -0.130 241.428 -0.137
201612 0.150 241.432 0.158
201703 0.440 243.801 0.459
201706 0.540 244.955 0.560
201709 0.490 246.819 0.505
201712 1.920 246.524 1.980
201803 0.630 249.554 0.642
201806 0.880 251.989 0.888
201809 0.650 252.439 0.655
201812 0.730 251.233 0.739
201903 1.050 254.202 1.050

Add all the adjusted EPS together and divide 10 will get our .


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


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