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PTC (NAS:PTC) Shiller PE Ratio

: 139.18 (As of Today)
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As of today (2024-02-24), PTC's current share price is $180.94. PTC's E10 for the quarter that ended in Dec. 2023 was $1.30. PTC's Shiller PE Ratio for today is 139.18.

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

PTC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 43.25   Med: 110.74   Max: 305.69
Current: 139.17

During the past years, PTC's highest Shiller PE Ratio was 305.69. The lowest was 43.25. And the median was 110.74.

PTC's Shiller PE Ratio is ranked worse than
91.96% of 883 companies
in the Software industry
Industry Median: 30.04 vs PTC: 139.17

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.

PTC's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PTC Shiller PE Ratio Historical Data

The historical data trend for PTC'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.

PTC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 177.29 173.31 145.93 87.37 109.58

PTC 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 98.18 100.31 109.02 109.58 134.57

Competitive Comparison

For the Software - Application subindustry, PTC'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.


PTC Shiller PE Ratio Distribution

For the Software industry and Technology sector, PTC's Shiller PE Ratio distribution charts can be found below:

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



PTC 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.

PTC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=180.94/1.3
=139.18

* 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.

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

For example, PTC'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)
=0.55/129.4194*129.4194
=0.550

Current CPI (Dec. 2023) = 129.4194.

PTC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.360 99.695 0.467
201406 0.320 100.560 0.412
201409 0.330 100.428 0.425
201412 0.260 99.070 0.340
201503 0.050 99.621 0.065
201506 0.150 100.684 0.193
201509 0.080 100.392 0.103
201512 -0.210 99.792 -0.272
201603 -0.050 100.470 -0.064
201606 0.030 101.688 0.038
201609 -0.250 101.861 -0.318
201612 -0.080 101.863 -0.102
201703 -0.010 102.862 -0.013
201706 -0.010 103.349 -0.013
201709 0.150 104.136 0.186
201712 0.120 104.011 0.149
201803 0.070 105.290 0.086
201806 0.140 106.317 0.170
201809 0.110 106.507 0.134
201812 0.180 105.998 0.220
201903 -0.370 107.251 -0.446
201906 -0.130 108.070 -0.156
201909 0.090 108.329 0.108
201912 0.310 108.420 0.370
202003 0.060 108.902 0.071
202006 0.300 108.767 0.357
202009 0.450 109.815 0.530
202012 0.200 109.897 0.236
202103 0.920 111.754 1.065
202106 0.430 114.631 0.485
202109 2.460 115.734 2.751
202112 0.390 117.630 0.429
202203 0.760 121.301 0.811
202206 0.600 125.017 0.621
202209 0.900 125.227 0.930
202212 0.630 125.222 0.651
202303 0.530 127.348 0.539
202306 0.510 128.729 0.513
202309 0.380 129.860 0.379
202312 0.550 129.419 0.550

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.


PTC  (NAS:PTC) 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.


PTC Shiller PE Ratio Related Terms

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


PTC (NAS:PTC) Business Description

Traded in Other Exchanges
Address
121 Seaport Boulevard, Boston, MA, USA, 02210
PTC offers high-end computer-assisted design (Creo) and product lifecycle management (Windchill) software as well as Internet of Things and AR industrial solutions. Founded in 1985, PTC has 28,000 customers, with revenue stemming mostly from North America (45%) and Europe (40%).
Executives
Robert Schechter director C/O NMS COMMUNICATIONS, 100 CROSSING BLVD, FRAMINGHAM MA 01702
Kristian Talvitie officer: Chief Financial Officer 121 SEAPORT BOULEVARD, BOSTON MA 02210
Michael Ditullio officer: EVP 121 SEAPORT BLVD, BOSTON MA 02210
Von Staats Aaron C officer: SVP, General Counsel and Clerk C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST, NEEDHAM MA 02494
Catherine Kniker officer: Chief Strategy Officer C/O 121 SEAPORT BOULEVARD, BOSTON MA 02210
Paul A Lacy director KRONOS INCORP, 297 BILLERICA RD, CHELMSFORD MA 01824
Lathan Corinna director 140 KENDRICK STREET, NEEDHAM MA 02494
Blake D. Moret director C/O ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Neil Barua director, officer: CEO-Elect C/O SERVICEMAX, INC., 4450 ROSEWOOD DRIVE #200, PLEASANTON CA 94588
Janesh Moorjani director C/O ELASTIC N.V., 800 WEST EL CAMINO REAL, SUITE 350, MOUNTAIN VIEW CA 94040
Michal Katz director 42 ROCK SHELTER ROAD, WACCABUC NY 10597
James E Heppelmann officer: EVP, Chief Product Officer C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST., NEEDHAM MA 02494
Amarpreet Hanspal director AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Phillip M Fernandez director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Mark D Benjamin director NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803