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Dover Shiller PE Ratio

: 22.32 (As of Today)
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As of today (2020-02-26), Dover's current share price is USD 110.06. Dover's E10 for the quarter that ended in Dec. 2019 was USD 4.93. Dover's Shiller PE Ratio for today is 22.32.

NYSE:DOV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7   Max: 24.31
Current: 22.32

7
24.31

During the past years, Dover's highest Shiller PE Ratio was 24.31. The lowest was 7.00. And the median was 15.05.

NYSE:DOV's Shiller PE Ratio is ranked lower than
61% of the 1031 Companies
in the Industrial Products industry.

( Industry Median: 20.07 vs. NYSE:DOV: 22.32 )

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 Dec. 2019 was USD 1.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is USD 4.93 for the trailing ten years ended in Dec. 2019.


Dover Shiller PE Ratio 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.

Dover Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.71 14.05 17.88 15.41 23.37

Dover Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 15.41 20.01 20.84 20.40 23.37

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.


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
=110.06/4.93
=22.32

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

Dover's E10 for the quarter that ended in Dec. 2019 is calculated as:

For example, Dover's adjusted earnings per share data for the three months ended in Dec. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=1.15/257.14*257.14
=1.150

Current CPI (Dec. 2019) = 257.14.

Dover Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201003 0.580 217.630 0.685
201006 0.900 217.970 1.062
201009 1.190 218.440 1.401
201012 1.040 219.180 1.220
201103 1.030 223.470 1.185
201106 1.320 225.720 1.504
201109 0.910 226.890 1.031
201112 1.480 225.670 1.686
201203 1.050 229.390 1.177
201206 1.150 229.480 1.289
201209 1.310 231.410 1.456
201212 0.890 229.600 0.997
201303 1.200 232.770 1.326
201306 1.910 233.500 2.103
201309 1.560 234.150 1.713
201312 1.130 233.050 1.247
201403 0.930 236.290 1.012
201406 1.270 238.340 1.370
201409 1.380 238.030 1.491
201412 1.020 234.810 1.117
201503 1.280 236.120 1.394
201506 2.070 238.640 2.230
201509 1.190 237.940 1.286
201512 0.910 236.530 0.989
201603 0.640 238.130 0.691
201606 0.760 241.020 0.811
201609 0.830 241.430 0.884
201612 1.030 241.430 1.097
201703 1.090 243.800 1.150
201706 1.040 244.960 1.092
201709 1.140 246.820 1.188
201712 1.880 246.520 1.961
201803 0.840 249.550 0.866
201806 0.910 251.990 0.929
201809 1.050 252.440 1.070
201812 0.960 251.230 0.983
201903 0.720 254.200 0.728
201906 1.350 256.140 1.355
201909 1.400 256.760 1.402
201912 1.150 257.140 1.150

Add all the adjusted EPS together and divide 10 will get our E10.


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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