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Fortive Shiller PE Ratio

: 17.49 (As of Today)
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As of today (2022-10-05), Fortive's current share price is $62.10. Fortive's E10 for the fiscal year that ended in Dec21 was $3.55. Fortive's Shiller PE Ratio for today is 17.49.

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

FTV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.88   Med: 20.27   Max: 21.49
Current: 17.11

During the past 10 years, Fortive's highest Shiller PE Ratio was 21.49. The lowest was 16.88. And the median was 20.27.

FTV's Shiller PE Ratio is ranked better than
57.48% of 1277 companies
in the Hardware industry
Industry Median: 19.99 vs FTV: 17.11

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.

Fortive's adjusted earnings per share data of for the fiscal year that ended in Dec21 was $1.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.55 for the trailing ten years ended in Dec21.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortive Shiller PE Ratio Historical Data

The historical data trend for Fortive'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.

Fortive Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 21.50

Fortive Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 - - 21.50 - -

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Fortive'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.

   

Fortive Shiller PE Ratio Distribution

For the Hardware industry and Technology sector, Fortive's Shiller PE Ratio distribution charts can be found below:

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



Fortive 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.

Fortive's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=62.10/3.55
=17.49

* 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.

Fortive's E10 for the fiscal year that ended in Dec21 is calculated as:

For example, Fortive's adjusted earnings per share data for the fiscal year that ended in Dec21 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec21 (Change)*Current CPI (Dec21)
=1.63/117.6295*117.6295
=1.630

Current CPI (Dec21) = 117.6295.

Fortive Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201212 2.212 96.871 2.686
201312 2.407 98.326 2.880
201412 2.559 99.070 3.038
201512 2.502 99.792 2.949
201612 2.510 101.863 2.899
201712 2.960 104.011 3.348
201812 8.210 105.998 9.111
201912 1.970 108.420 2.137
202012 4.490 109.897 4.806
202112 1.630 117.630 1.630

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.


Fortive  (NYSE:FTV) 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.


Fortive Shiller PE Ratio Related Terms

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


Fortive Business Description

Fortive logo
Address
6920 Seaway Boulevard, Everett, WA, USA, 98203
Fortive Corp is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $5.3 billion in revenue and $1.2 billion in adjusted operating income in 2021.
Executives
Newcombe Tamara S. officer: President & CEO of PT 6920 SEAWAY BLVD. EVERETT WA 98203
Lassiter Wright Iii director 500 PLAZA DRIVE C/O QUEST DIAGNOSTICS SECAUCUS NJ 07094
Soroye Olumide officer: President & CEO of IOS 6920 SEAWAY BLVD. EVERETT WA 98203
Simmons Edward Read officer: SVP - Strategy 6920 SEAWAY BLVD EVERETT WA 98203
Hayes Rejji P director ONE ENERGY PLAZA JACKSON MI 49201
Dubey Sharmistha director 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400 DALLAS TX 75231
Mulhall Christopher M. officer: VP - Chief Accounting Officer C/O FORTIVE CORPORATION 6920 SEAWAY BLVD EVERETT WA 98203
Sargent Jeannine P director C/O VEECO INSTRUMENTS INC. 100 SUNNYSIDE BOULEVARD SUITE B WOODBURY NY 11797
Hulit Barbara B. officer: Senior Vice President C/O FORTIVE CORPORATION 6920 SEAWAY BLVD EVERETT WA 98203
Weaver Emily A. officer: VP-Chief Accounting Officer C/O FORTIVE CORPORATION 6920 SEAWAY BOULEVARD EVERETT WA 98203
Mclaughlin Charles E officer: SVP - Chief Financial Officer C/O FORTIVE CORPORATION 6920 SEAWAY BOULEVARD EVERETT WA 98203
Murphy Patrick K officer: Senior Vice President C/O FORTIVE CORPORATION 6920 SEAWAY BOULEVARD EVERETT WA 98203
Schwarz Jonathan L officer: VP-Corporate Development C/O FORTIVE CORPORATION 6920 SEAWAY BOULEVARD EVERETT WA 98203
Pringle William W officer: Senior Vice President C/O FORTIVE CORPORATION 6920 SEAWAY BOULEVARD EVERETT WA 98203
Walker Stacey A. officer: SVP - Human Resources C/O FORTIVE CORPORATION 6920 SEAWAY BOULEVARD EVERETT WA 98203

Fortive Headlines

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