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SPX Technologies (SPX Technologies) Shiller PE Ratio : 43.43 (As of Apr. 24, 2024)


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SPX Technologies Shiller PE Ratio Definition

As of today (2024-04-24), SPX Technologies's current share price is $119.88. SPX Technologies's E10 for the quarter that ended in Dec. 2023 was $2.76. SPX Technologies's Shiller PE Ratio for today is 43.43.

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

SPXC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.02   Med: 10.97   Max: 44.61
Current: 43.43

During the past years, SPX Technologies's highest Shiller PE Ratio was 44.61. The lowest was 2.02. And the median was 10.97.

SPXC's Shiller PE Ratio is ranked worse than
86.61% of 971 companies
in the Construction industry
Industry Median: 15.79 vs SPXC: 43.43

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.

SPX Technologies's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPX Technologies Shiller PE Ratio Historical Data

The historical data trend for SPX Technologies'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.

SPX Technologies Shiller PE Ratio Chart

SPX Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.80 19.50 17.01 21.40 36.63

SPX Technologies 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 Get a 7-Day Free Trial 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 21.40 22.14 26.79 27.57 36.63

Competitive Comparison of SPX Technologies's Shiller PE Ratio

For the Building Products & Equipment subindustry, SPX Technologies'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.


SPX Technologies Shiller PE Ratio Distribution

For the Construction industry and Industrials sector, SPX Technologies's Shiller PE Ratio distribution charts can be found below:

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



SPX Technologies 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.

SPX Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=119.88/2.76
=43.43

* 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.

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

For example, SPX Technologies'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)
=0.67/129.4194*129.4194
=0.670

Current CPI (Dec. 2023) = 129.4194.

SPX Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 7.060 99.695 9.165
201406 1.170 100.560 1.506
201409 1.510 100.428 1.946
201412 -0.860 99.070 -1.123
201503 -0.180 99.621 -0.234
201506 0.960 100.684 1.234
201509 -2.580 100.392 -3.326
201512 -0.230 99.792 -0.298
201603 0.310 100.470 0.399
201606 -0.340 101.688 -0.433
201609 0.040 101.861 0.051
201612 -2.060 101.863 -2.617
201703 0.400 102.862 0.503
201706 -0.210 103.349 -0.263
201709 0.510 104.136 0.634
201712 1.320 104.011 1.642
201803 0.280 105.290 0.344
201806 0.510 106.317 0.621
201809 0.150 106.507 0.182
201812 0.880 105.998 1.074
201903 -0.020 107.251 -0.024
201906 0.430 108.070 0.515
201909 0.480 108.329 0.573
201912 0.680 108.420 0.812
202003 0.500 108.902 0.594
202006 0.590 108.767 0.702
202009 0.500 109.815 0.589
202012 0.530 109.897 0.624
202103 0.580 111.754 0.672
202106 1.330 114.631 1.502
202109 7.080 115.734 7.917
202112 0.140 117.630 0.154
202203 0.250 121.301 0.267
202206 0.280 125.017 0.290
202209 0.070 125.227 0.072
202212 -0.600 125.222 -0.620
202303 0.920 127.348 0.935
202306 0.770 128.729 0.774
202309 -0.450 129.860 -0.448
202312 0.670 129.419 0.670

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.


SPX Technologies  (NYSE:SPXC) 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.


SPX Technologies Shiller PE Ratio Related Terms

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


SPX Technologies (SPX Technologies) Business Description

Traded in Other Exchanges
Address
6325 Ardrey Kell Road, Suite 400, Charlotte, NC, USA, 28277
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through three segments. The HVAC segment designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. The Engineered Solutions segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market. The company generates almost all of its revenue from American domestic market.
Executives
Natausha Heleena White officer: VP and CHRO C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
J Randall Data officer: Pres. - S. Africa & Global Op. 13024 BALLANTYNE CORPORATE PLACE, SUITE 700, CHARLOTTE NC 28277
Wayne M. Mclaren officer: Chief Accounting Officer C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277
John Webster Nurkin officer: VP, Gen. Counsel & Secretary C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Mark A Carano officer: VP, CFO & Treasurer 13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277
Sean Mcclenaghan officer: PRESIDENT, GLOBAL COOLING SPX TECHNOLOGIES, INC., 6325 ARDREY KELL ROAD, SUITE 400, CHARLOTTE NC 28277
Swann John William Iii officer: Pres., Heating and Location & C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Michael Andrew Reilly officer: Corp. Controller and CAO 2007 CHANNELSTONE WAY, MATTHEWS NC 28104
Lowe Eugene Joseph Iii director, officer: President and CEO 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
James E Harris officer: VP, CFO and Treasurer C/O RXO, INC., 11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Ankush Kumar officer: President, SPX Global Cooling C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277
Brian G. Mason officer: Pres. - SPX Transformer Sol. C/O SPX CORPORATION, 13320-A BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Angel S Willis director C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208
Scott William Sproule officer: VP, CFO and Treasurer C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Meenal Sethna director 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631

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