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Fleetcor Technologies Inc  (NYSE:FLT) Shiller PE Ratio: 56.70 (As of Today)

As of today, Fleetcor Technologies Inc's current share price is $280.09. Fleetcor Technologies Inc's E10 for the quarter that ended in Mar. 2019 was $4.94. Fleetcor Technologies Inc's Shiller P/E Ratio for today is 56.70.

NYSE:FLT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 36.98   Max: 56.81
Current: 56.66

36.98
56.81

During the past years, Fleetcor Technologies Inc's highest Shiller P/E Ratio was 56.81. The lowest was 36.98. And the median was 48.07.

NYSE:FLT's Shiller PE Ratio is ranked lower than
99.99% of the 183 Companies
in the Global industry.

( Industry Median: 29.53 vs. NYSE:FLT: 56.66 )

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.

Fleetcor Technologies Inc's adjusted earnings per share data for the three months ended in Mar. 2019 was $1.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.94 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.

Fleetcor Technologies Inc Annual Data

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 38.92

Fleetcor Technologies Inc 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 0.00 0.00 0.00 38.92 49.89

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.


Fleetcor Technologies Inc Distribution

* The bar in red indicates where Fleetcor Technologies Inc'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.

Fleetcor Technologies Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/ E10
=280.09/4.94
=56.70

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

Fleetcor Technologies Inc's E10 for the fiscal year that ended in Dec18 is calculated as:

For example, Fleetcor Technologies Inc'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)
=1.93/254.202*254.202
=1.930

Current CPI (Mar. 2019) = 254.202.

Fleetcor Technologies Inc Quarterly Data

per_share_eps CPI Adj_EPS
200906 0.000 215.693 0.000
200909 0.000 215.969 0.000
200912 3.430 215.949 4.038
201003 0.340 217.631 0.397
201006 0.370 217.965 0.432
201009 0.410 218.439 0.477
201012 0.220 219.179 0.255
201103 0.390 223.467 0.444
201106 0.440 225.722 0.496
201109 0.480 226.889 0.538
201112 0.450 225.672 0.507
201203 0.490 229.392 0.543
201206 0.630 229.478 0.698
201209 0.690 231.407 0.758
201212 0.700 229.601 0.775
201303 0.770 232.773 0.841
201306 0.870 233.504 0.947
201309 0.930 234.149 1.010
201312 0.800 233.049 0.873
201403 0.880 236.293 0.947
201406 1.030 238.343 1.099
201409 1.110 238.031 1.185
201412 1.210 234.812 1.310
201503 1.000 236.119 1.077
201506 1.050 238.638 1.118
201509 1.240 237.945 1.325
201512 0.560 236.525 0.602
201603 1.170 238.132 1.249
201606 1.220 241.018 1.287
201609 1.360 241.428 1.432
201612 1.000 241.432 1.053
201703 1.310 243.801 1.366
201706 1.390 244.955 1.442
201709 2.180 246.819 2.245
201712 3.050 246.524 3.145
201803 1.880 249.554 1.915
201806 1.910 251.989 1.927
201809 1.710 252.439 1.722
201812 3.330 251.233 3.369
201903 1.930 254.202 1.930

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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