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Graco Inc  (NYSE:GGG) Shiller PE Ratio: 42.83 (As of Today)

As of today, Graco Inc's current share price is USD 49.68. Graco Inc's E10 for the quarter that ended in Mar. 2019 was USD 1.16. Graco Inc's Shiller P/E Ratio for today is 42.83.

NYSE:GGG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.94   Max: 51.65
Current: 42.78

8.94
51.65

During the past years, Graco Inc's highest Shiller P/E Ratio was 51.65. The lowest was 8.94. And the median was 27.56.

NYSE:GGG's Shiller PE Ratio is ranked lower than
83% of the 732 Companies
in the Global industry.

( Industry Median: 21.39 vs. NYSE:GGG: 42.78 )

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.

Graco Inc's adjusted earnings per share data for the three months ended in Mar. 2019 was USD 0.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is USD 1.16 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.

Graco 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 33.45 25.88 31.41 47.50 38.39

Graco 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 45.84 43.83 43.52 38.39 42.65

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.


Graco Inc Distribution

* The bar in red indicates where Graco 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.

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

Shiller P/E Ratio=Share Price/ E10
=49.68/1.16
=42.83

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

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

For example, Graco 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)
=0.51/254.202*254.202
=0.510

Current CPI (Mar. 2019) = 254.202.

Graco Inc Quarterly Data

per_share_eps CPI Adj_EPS
200906 0.063 215.693 0.074
200909 0.097 215.969 0.114
200912 0.093 215.949 0.109
201003 0.113 217.631 0.132
201006 0.137 217.965 0.160
201009 0.167 218.439 0.194
201012 0.147 219.179 0.170
201103 0.203 223.467 0.231
201106 0.203 225.722 0.229
201109 0.200 226.889 0.224
201112 0.167 225.672 0.188
201203 0.193 229.392 0.214
201206 0.187 229.478 0.207
201209 0.200 231.407 0.220
201212 0.227 229.601 0.251
201303 0.280 232.773 0.306
201306 0.307 233.504 0.334
201309 0.297 234.149 0.322
201312 0.237 233.049 0.259
201403 0.270 236.293 0.290
201406 0.357 238.343 0.381
201409 0.323 238.031 0.345
201412 0.267 234.812 0.289
201503 0.380 236.119 0.409
201506 0.967 238.638 1.030
201509 0.287 237.945 0.307
201512 0.313 236.525 0.336
201603 0.233 238.132 0.249
201606 0.297 241.018 0.313
201609 0.317 241.428 0.334
201612 -0.623 241.432 -0.656
201703 0.350 243.801 0.365
201706 0.460 244.955 0.477
201709 0.430 246.819 0.443
201712 0.210 246.524 0.217
201803 0.490 249.554 0.499
201806 0.510 251.989 0.514
201809 0.540 252.439 0.544
201812 0.430 251.233 0.435
201903 0.510 254.202 0.510

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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