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Dover Shiller PE Ratio

: 31.77 (As of Today)
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As of today (2021-07-31), Dover's current share price is $167.12. Dover's E10 for the quarter that ended in Jun. 2021 was $5.26. Dover's Shiller PE Ratio for today is 31.77.

NYSE:DOV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.07   Med: 16.33   Max: 31.78
Current: 31.78

10.07
31.78

During the past years, Dover's highest Shiller PE Ratio was 31.78. The lowest was 10.07. And the median was 16.33.

NYSE:DOV's Shiller PE Ratio is ranked lower than
61% of the 1523 Companies
in the Industrial Products industry.

( Industry Median: 24.99 vs. NYSE:DOV: 31.78 )

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.

Dover's adjusted earnings per share data for the three months ended in Jun. 2021 was $1.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.26 for the trailing ten years ended in Jun. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dover Shiller PE Ratio Historical Data

* 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.

Dover Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.99 17.93 15.46 23.38 25.12

Dover Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 19.40 21.58 25.12 26.63 28.64

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. Note that "N/A" values will not show up in the chart.
   

Dover Shiller PE Ratio Distribution

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



Dover 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.

Dover's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=167.12/5.26
=31.77

* 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.

Dover's E10 for the quarter that ended in Jun. 2021 is calculated as:

For example, Dover's adjusted earnings per share data for the three months ended in Jun. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=1.82/113.5762*113.5762
=1.820

Current CPI (Jun. 2021) = 113.5762.

Dover Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201109 0.910 95.727 1.080
201112 1.480 95.213 1.765
201203 1.050 96.783 1.232
201206 1.150 96.819 1.349
201209 1.310 97.633 1.524
201212 0.890 96.871 1.043
201303 1.200 98.209 1.388
201306 1.910 98.518 2.202
201309 1.560 98.790 1.793
201312 1.130 98.326 1.305
201403 0.930 99.695 1.059
201406 1.270 100.560 1.434
201409 1.380 100.428 1.561
201412 1.020 99.070 1.169
201503 1.280 99.621 1.459
201506 2.070 100.684 2.335
201509 1.190 100.392 1.346
201512 0.910 99.792 1.036
201603 0.640 100.470 0.723
201606 0.760 101.688 0.849
201609 0.830 101.861 0.925
201612 1.030 101.863 1.148
201703 1.090 102.862 1.204
201706 1.040 103.349 1.143
201709 1.140 104.136 1.243
201712 1.880 104.011 2.053
201803 0.840 105.290 0.906
201806 0.910 106.317 0.972
201809 1.050 106.507 1.120
201812 0.960 105.998 1.029
201903 0.720 107.251 0.762
201906 1.350 108.070 1.419
201909 1.400 108.329 1.468
201912 1.150 108.420 1.205
202003 1.210 108.902 1.262
202006 0.860 108.767 0.898
202009 1.380 109.815 1.427
202012 1.250 109.897 1.292
202103 1.610 111.754 1.636
202106 1.820 113.576 1.820

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.


Dover  (NYSE:DOV) 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.


Dover Shiller PE Ratio Related Terms


Dover Shiller PE Ratio Headlines

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