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Finning International (Finning International) Shiller PE Ratio

: 22.82 (As of Today)
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As of today (2024-04-18), Finning International's current share price is $30.58. Finning International's E10 for the quarter that ended in Dec. 2023 was $1.34. Finning International's Shiller PE Ratio for today is 22.82.

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

FINGF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.17   Med: 21.77   Max: 33.54
Current: 23.34

During the past years, Finning International's highest Shiller PE Ratio was 33.54. The lowest was 11.17. And the median was 21.77.

FINGF's Shiller PE Ratio is ranked worse than
65.77% of 111 companies
in the Industrial Distribution industry
Industry Median: 17.01 vs FINGF: 23.34

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.

Finning International's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.447. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Finning International Shiller PE Ratio Historical Data

The historical data trend for Finning International'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.

Finning International 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 21.07 20.57 22.37 21.00 21.64

Finning International 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 21.00 20.29 23.70 22.56 21.64

Competitive Comparison

For the Industrial Distribution subindustry, Finning International'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.


Finning International Shiller PE Ratio Distribution

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

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



Finning International 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.

Finning International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=30.58/1.34
=22.82

* 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.

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

For example, Finning International'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)
=0.447/125.4675*125.4675
=0.447

Current CPI (Dec. 2023) = 125.4675.

Finning International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.351 98.604 0.447
201406 0.462 99.473 0.583
201409 0.300 99.394 0.379
201412 0.538 98.367 0.686
201503 0.246 99.789 0.309
201506 0.291 100.500 0.363
201509 0.143 100.421 0.179
201512 -1.313 99.947 -1.648
201603 0.068 101.054 0.084
201606 0.023 102.002 0.028
201609 0.168 101.765 0.207
201612 0.037 101.449 0.046
201703 0.209 102.634 0.255
201706 0.248 103.029 0.302
201709 0.236 103.345 0.287
201712 0.298 103.345 0.362
201803 0.325 105.004 0.388
201806 0.366 105.557 0.435
201809 0.115 105.636 0.137
201812 0.246 105.399 0.293
201903 0.127 106.979 0.149
201906 0.406 107.690 0.473
201909 0.347 107.611 0.405
201912 0.235 107.769 0.274
202003 0.236 107.927 0.274
202006 0.089 108.401 0.103
202009 0.408 108.164 0.473
202012 0.344 108.559 0.398
202103 0.342 110.298 0.389
202106 0.458 111.720 0.514
202109 0.481 112.905 0.535
202112 0.508 113.774 0.560
202203 0.466 117.646 0.497
202206 0.625 120.806 0.649
202209 0.727 120.648 0.756
202212 0.655 120.964 0.679
202303 0.650 122.702 0.665
202306 0.753 124.203 0.761
202309 0.783 125.230 0.784
202312 0.447 125.468 0.447

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.


Finning International  (OTCPK:FINGF) 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.


Finning International Shiller PE Ratio Related Terms

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Finning International (Finning International) Business Description

Traded in Other Exchanges
Address
19100 94th Avenue, Surrey, BC, CAN, V4N 5C3
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, South America, UK and Ireland, and others.

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