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Manitowoc Co (Manitowoc Co) Shiller PE Ratio

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Shiller PE for Stocks: The True Measure of Stock Valuation


Manitowoc Co Shiller PE Ratio Historical Data

The historical data trend for Manitowoc Co'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.

Manitowoc Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 83.41 76.32 - -

Manitowoc Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Manitowoc Co'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.


Manitowoc Co Shiller PE Ratio Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitowoc Co's Shiller PE Ratio distribution charts can be found below:

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



Manitowoc Co 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.

Manitowoc Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Manitowoc Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.23/129.4194*129.4194
=-0.230

Current CPI (Dec. 2023) = 129.4194.

Manitowoc Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.280 99.695 -0.363
201406 1.360 100.560 1.750
201409 2.120 100.428 2.732
201412 1.000 99.070 1.306
201503 -0.240 99.621 -0.312
201506 0.680 100.684 0.874
201509 0.160 100.392 0.206
201512 1.280 99.792 1.660
201603 -5.720 100.470 -7.368
201606 -0.160 101.688 -0.204
201609 -4.080 101.861 -5.184
201612 -0.960 101.863 -1.220
201703 -1.030 102.862 -1.296
201706 0.010 103.349 0.013
201709 0.270 104.136 0.336
201712 0.970 104.011 1.207
201803 -0.280 105.290 -0.344
201806 0.270 106.317 0.329
201809 0.320 106.507 0.389
201812 -2.200 105.998 -2.686
201903 -0.750 107.251 -0.905
201906 1.290 108.070 1.545
201909 0.510 108.329 0.609
201912 0.260 108.420 0.310
202003 -0.220 108.902 -0.261
202006 -0.370 108.767 -0.440
202009 -0.010 109.815 -0.012
202012 0.050 109.897 0.059
202103 -0.090 111.754 -0.104
202106 0.500 114.631 0.565
202109 -0.010 115.734 -0.011
202112 -0.100 117.630 -0.110
202203 0.090 121.301 0.096
202206 0.420 125.017 0.435
202209 0.070 125.227 0.072
202212 -4.100 125.222 -4.237
202303 0.460 127.348 0.467
202306 0.570 128.729 0.573
202309 0.290 129.860 0.289
202312 -0.230 129.419 -0.230

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.


Manitowoc Co  (NYSE:MTW) 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.


Manitowoc Co Shiller PE Ratio Related Terms

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Manitowoc Co (Manitowoc Co) Business Description

Traded in Other Exchanges
N/A
Address
11270 West Park Place, Suite 1000, Milwaukee, WI, USA, 53224
Manitowoc Co Inc provides engineered lifting solutions. It designs and manufactures mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as Grove, Manitowoc, National Crane, Potain, Shuttlelift, and Manitowoc Crane Care. Its crane products serve dealers, rental companies, contractors, and government entities in diverse markets, including energy production/distribution and utility, petrochemical and industrial, infrastructure, and commercial/residential construction. Manitowoc has three reportable segments: the Americas, Europe and Africa, and the Middle East and Asia-Pacific. The Americas segment provides the largest revenue stream to the firm.
Executives
Anne E Belec director C/O THE MANITOWOC COMPANY, INC., 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Jennifer L Peterson officer: EVP, Gen. Counsel & Secretary ONE PARK PLAZA, 11270 W PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
James Steele Cook officer: EVP, Human Resources 11270 WEST PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Ryan M Palmer officer: VP, Corporate Controller & POA 11270 WEST PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
John Charles Pfeifer director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Anne M Cooney director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Aaron H. Ravenscroft officer: President & CEO ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Leslie L. Middleton officer: EVP Mobile Cranes THE MANITOWOC COMPANY, INC., ONE PARK PLAZA, 11270 W PARK PL STE 1000, MILWAUKEE WI 53224
Brian P Regan officer: VP, Corporate Controller & PAO THE MANITOWOC COMPANY INC ONE PARK PLAZA, 11270 W PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Kenneth W Krueger director
Robert W Malone director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Amy Rochelle Davis director 500 JACKSON STREET, COLUMBUS IN 47201
Terrance L Collins officer: EVP Human Resources C/O ZEBRA TECHNOLOGIES CORPORATION, 475 HALF DAY ROAD, SUITE 500, LINCOLNSHIRE IL 60069
Charles David Myers director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Condon Donald Marion Jr director 2801 POAST OAK BLVD., SUITE 600, HOUSTON TX 77056