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Kennametal Shiller PE Ratio

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Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kennametal Shiller PE Ratio Historical Data

The historical data trend for Kennametal'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.

Kennametal Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.81 34.06 28.18 44.75 -

Kennametal 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 44.75 45.82 52.51 45.37 -

Competitive Comparison

For the Tools & Accessories subindustry, Kennametal'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.

   

Kennametal Shiller PE Ratio Distribution

For the Industrial Products industry and Industrials sector, Kennametal's Shiller PE Ratio distribution charts can be found below:

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



Kennametal 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.

Kennametal's E10 for the quarter that ended in Jun. 2022 is calculated as:

For example, Kennametal's adjusted earnings per share data for the three months ended in Jun. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=0.5/123.3228*123.3228
=0.500

Current CPI (Jun. 2022) = 123.3228.

Kennametal Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201209 0.570 97.633 0.720
201212 0.520 96.871 0.662
201303 0.670 98.209 0.841
201306 0.760 98.518 0.951
201309 0.480 98.790 0.599
201312 0.300 98.326 0.376
201403 0.640 99.695 0.792
201406 0.570 100.560 0.699
201409 0.490 100.428 0.602
201412 -4.890 99.070 -6.087
201503 -0.580 99.621 -0.718
201506 0.260 100.684 0.318
201509 -0.080 100.392 -0.098
201512 -2.120 99.792 -2.620
201603 0.200 100.470 0.245
201606 -0.830 101.688 -1.007
201609 -0.270 101.861 -0.327
201612 0.090 101.863 0.109
201703 0.480 102.862 0.575
201706 0.300 103.349 0.358
201709 0.480 104.136 0.568
201712 0.500 104.011 0.593
201803 0.610 105.290 0.714
201806 0.830 106.317 0.963
201809 0.680 106.507 0.787
201812 0.660 105.998 0.768
201903 0.820 107.251 0.943
201906 0.740 108.070 0.844
201909 0.080 108.329 0.091
201912 -0.070 108.420 -0.080
202003 0.030 108.902 0.034
202006 -0.110 108.767 -0.125
202009 -0.260 109.815 -0.292
202012 0.230 109.897 0.258
202103 0.260 111.754 0.287
202106 0.410 114.631 0.441
202109 0.430 115.734 0.458
202112 0.370 117.630 0.388
202203 0.420 121.301 0.427
202206 0.500 123.323 0.500

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.


Kennametal  (NYSE:KMT) 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.


Kennametal Shiller PE Ratio Related Terms

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


Kennametal Business Description

Kennametal logo
Traded in Other Exchanges
Address
525 William Penn Place, Suite 3300, Pittsburgh, PA, USA, 15219-2706
Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments: Metal Cutting and infrastructure. It generates maximum revenue from the Metal Cutting segment. The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives a majority of revenue from the United States.
Executives
Chowbey Sanjay officer: Vice President 525 WILLIAM PENN PLACE SUITE 3300 PITTSBURGH PA 15219
Stranghoener Lawrence W director 2035 KIMBERLY COURT PLYMOUTH MN 55447
Cardenas Franklin officer: Vice President 525 WILLIAM PENN PLACE SUITE 3300 PITTSBURGH PA 15219
Audia Damon J officer: Vice President 525 WILLIAM PENN PLACE 33RD FLOOR PITTSBURGH PA 15219
Reilly Carlonda R. officer: Vice President 525 WILLIAM PENN PLACE 33RD FLOOR PITTSBURGH PA 15219
Martin Lorraine M director 1121 SPRING LAKE DRIVE ITASCA IL 60143
Port Ronald L officer: Vice President 525 WILLIAM PENN PLACE 33RD FLOOR PITTSBURGH PA 15219
Alvarado Joseph director 705 N. BAR Y ROAD P.O. BOX 11368 JACKSON WY 83002
Patel Sagar A director 1000 EAST DRAKE ROAD FORT COLLINS CO 80525
Van Gaalen Jan Kees officer: Vice President 10205 WESTHEIMER, SUITE 1000 HOUSTON TX 77042
Bacchus Judith L officer: Vice President 525 WILLIAM PENN PLACE 33RD FLOOR PITTSBURGH PA 15219
Keating Michelle R officer: Vice President 525 WILLIAM PENN PLACE 33RD FLOOR PITTSBURGH PA 15219
Rossi Christopher officer: President and CEO C/O KENNAMETAL INC. 525 WILLIAM PENN PLACE, 33RD FLOOR PITTSBURGH PA 15219
Watson Patrick S officer: Vice President 525 WILLIAM PENN PLACE 33RD FLOOR PITTSBURGH PA 15219
Lambert William M director C/O MSA SAFETY 1000 CRANBERRY WOODS DRIVE CRANBERRY TWP PA 16066

Kennametal Headlines

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