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United Technologies Shiller PE Ratio

: 22.84 (As of Today)
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As of today (2020-01-20), United Technologies's current share price is $154.40. United Technologies's E10 for the quarter that ended in Sep. 2019 was $6.76. United Technologies's Shiller PE Ratio for today is 22.84.

NYSE:UTX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.82   Max: 24.58
Current: 22.84

11.82
24.58

During the past years, United Technologies's highest Shiller PE Ratio was 24.58. The lowest was 11.82. And the median was 19.27.

NYSE:UTX's Shiller PE Ratio is ranked higher than
67% of the 113 Companies
in the Aerospace & Defense industry.

( Industry Median: 33.02 vs. NYSE:UTX: 22.84 )

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.

United Technologies's adjusted earnings per share data for the three months ended in Sep. 2019 was $1.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $6.76 for the trailing ten years ended in Sep. 2019.


United Technologies Shiller PE Ratio 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.

United Technologies 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 22.12 16.71 18.19 20.35 16.44

United Technologies Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 21.38 16.44 19.52 19.25 20.19

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.


United Technologies Shiller PE Ratio Distribution

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



United 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.

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

Shiller PE Ratio=Share Price/ E10
=154.40/6.76
=22.84

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

United Technologies's E10 for the quarter that ended in Sep. 2019 is calculated as:

For example, United Technologies's adjusted earnings per share data for the three months ended in Sep. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=1.33/256.76*256.76
=1.330

Current CPI (Sep. 2019) = 256.76.

United Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200912 1.150 215.950 1.367
201003 0.930 217.630 1.097
201006 1.200 217.970 1.414
201009 1.300 218.440 1.528
201012 1.310 219.180 1.535
201103 1.110 223.470 1.275
201106 1.450 225.720 1.649
201109 1.470 226.890 1.664
201112 1.470 225.670 1.673
201203 0.360 229.390 0.403
201206 1.470 229.480 1.645
201209 1.560 231.410 1.731
201212 2.260 229.600 2.527
201303 1.390 232.770 1.533
201306 1.710 233.500 1.880
201309 1.570 234.150 1.722
201312 1.600 233.050 1.763
201403 1.320 236.290 1.434
201406 1.840 238.340 1.982
201409 2.040 238.030 2.201
201412 1.620 234.810 1.771
201503 1.580 236.120 1.718
201506 1.730 238.640 1.861
201509 1.540 237.940 1.662
201512 3.860 236.530 4.190
201603 1.420 238.130 1.531
201606 1.650 241.020 1.758
201609 1.780 241.430 1.893
201612 1.250 241.430 1.329
201703 1.730 243.800 1.822
201706 1.800 244.960 1.887
201709 1.670 246.820 1.737
201712 0.500 246.520 0.521
201803 1.620 249.550 1.667
201806 2.560 251.990 2.608
201809 1.540 252.440 1.566
201812 0.830 251.230 0.848
201903 1.560 254.200 1.576
201906 2.200 256.140 2.205
201909 1.330 256.760 1.330

Add all the adjusted EPS together and divide 10 will get our E10.


United Technologies  (NYSE:UTX) 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.


United Technologies Shiller PE Ratio Related Terms


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