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Owens-Corning Shiller PE Ratio

: 17.48 (As of Today)
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As of today, Owens-Corning's current share price is $54.90. Owens-Corning's E10 for the quarter that ended in Jun. 2019 was $3.14. Owens-Corning's Shiller P/E Ratio for today is 17.48.

NYSE:OC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.4   Max: 834
Current: 17.47

5.4
834

During the past years, Owens-Corning's highest Shiller P/E Ratio was 834.00. The lowest was 5.40. And the median was 37.29.

NYSE:OC's Shiller PE Ratio is ranked lower than
54% of the 276 Companies
in the Building Materials industry.

( Industry Median: 16.56 vs. NYSE:OC: 17.47 )

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.

Owens-Corning's adjusted earnings per share data for the three months ended in Jun. 2019 was $1.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.14 for the trailing ten years ended in Jun. 2019.


Owens-Corning 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.

Owens-Corning 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 0.00 32.66 35.21 55.34 15.05

Owens-Corning Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 34.07 19.67 15.05 15.61 18.51

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.


Owens-Corning Shiller PE Ratio Distribution

* The bar in red indicates where Owens-Corning's Shiller PE Ratio falls into.



Owens-Corning Shiller PE Ratio 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.

Owens-Corning's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/ E10
=54.90/3.14
=17.48

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

Owens-Corning's E10 for the fiscal year that ended in Dec18 is calculated as:

For example, Owens-Corning's adjusted earnings per share data for the three months ended in Jun. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=1.26/256.143*256.143
=1.260

Current CPI (Jun. 2019) = 256.143.

Owens-Corning Quarterly Data

per_share_eps CPI Adj_EPS
200909 0.630 215.969 0.747
200912 -0.170 215.949 -0.202
201003 0.380 217.631 0.447
201006 7.330 217.965 8.614
201009 0.460 218.439 0.539
201012 -0.840 219.179 -0.982
201103 0.190 223.467 0.218
201106 0.620 225.722 0.704
201109 1.010 226.889 1.140
201112 0.410 225.672 0.465
201203 -0.380 229.392 -0.424
201206 0.320 229.478 0.357
201209 0.370 231.407 0.410
201212 -0.470 229.601 -0.524
201303 0.180 232.773 0.198
201306 0.410 233.504 0.450
201309 0.430 234.149 0.470
201312 0.690 233.049 0.758
201403 1.010 236.293 1.095
201406 0.180 238.343 0.193
201409 0.440 238.031 0.473
201412 0.280 234.812 0.305
201503 0.150 236.119 0.163
201506 0.770 238.638 0.826
201509 0.950 237.945 1.023
201512 0.920 236.525 0.996
201603 0.490 238.132 0.527
201606 1.190 241.018 1.265
201609 0.970 241.428 1.029
201612 0.760 241.432 0.806
201703 0.890 243.801 0.935
201706 0.850 244.955 0.889
201709 0.850 246.819 0.882
201712 -0.040 246.524 -0.042
201803 0.820 249.554 0.842
201806 1.080 251.989 1.098
201809 1.450 252.439 1.471
201812 1.550 251.233 1.580
201903 0.400 254.202 0.403
201906 1.260 256.143 1.260

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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