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Quanta Services (NYSE:PWR) Shiller PE Ratio

: 86.63 (As of Today)
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As of today (2024-04-13), Quanta Services's current share price is $254.69. Quanta Services's E10 for the quarter that ended in Dec. 2023 was $2.94. Quanta Services's Shiller PE Ratio for today is 86.63.

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

PWR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.14   Med: 30.62   Max: 89.52
Current: 86.6

During the past years, Quanta Services's highest Shiller PE Ratio was 89.52. The lowest was 15.14. And the median was 30.62.

PWR's Shiller PE Ratio is ranked worse than
94.94% of 969 companies
in the Construction industry
Industry Median: 15.92 vs PWR: 86.60

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.

Quanta Services's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quanta Services Shiller PE Ratio Historical Data

The historical data trend for Quanta Services'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.

Quanta Services 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 24.56 37.84 49.83 54.86 73.38

Quanta Services 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 54.86 62.61 71.19 64.28 73.38

Competitive Comparison

For the Engineering & Construction subindustry, Quanta Services'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.


Quanta Services Shiller PE Ratio Distribution

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

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



Quanta Services 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.

Quanta Services's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=254.69/2.94
=86.63

* 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.

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

For example, Quanta Services'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)
=1.42/129.4194*129.4194
=1.420

Current CPI (Dec. 2023) = 129.4194.

Quanta Services Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.250 99.695 0.325
201406 0.370 100.560 0.476
201409 0.430 100.428 0.554
201412 0.300 99.070 0.392
201503 0.250 99.621 0.325
201506 0.220 100.684 0.283
201509 1.150 100.392 1.483
201512 -0.030 99.792 -0.039
201603 0.130 100.470 0.167
201606 0.110 101.688 0.140
201609 0.480 101.861 0.610
201612 0.570 101.863 0.724
201703 0.310 102.862 0.390
201706 0.410 103.349 0.513
201709 0.560 104.136 0.696
201712 0.720 104.011 0.896
201803 0.240 105.290 0.295
201806 0.480 106.317 0.584
201809 0.810 106.507 0.984
201812 0.380 105.998 0.464
201903 0.820 107.251 0.989
201906 0.190 108.070 0.228
201909 0.920 108.329 1.099
201912 0.800 108.420 0.955
202003 0.260 108.902 0.309
202006 0.520 108.767 0.619
202009 1.130 109.815 1.332
202012 1.170 109.897 1.378
202103 0.620 111.754 0.718
202106 0.810 114.631 0.914
202109 1.210 115.734 1.353
202112 0.710 117.630 0.781
202203 0.570 121.301 0.608
202206 0.590 125.017 0.611
202209 1.060 125.227 1.095
202212 1.100 125.222 1.137
202303 0.640 127.348 0.650
202306 1.120 128.729 1.126
202309 1.830 129.860 1.824
202312 1.420 129.419 1.420

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.


Quanta Services  (NYSE:PWR) 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.


Quanta Services Shiller PE Ratio Related Terms

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


Quanta Services (NYSE:PWR) Business Description

Traded in Other Exchanges
Address
277 North Loop West, Houston, TX, USA, 77008
Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under three reportable segments: electric power, renewables infrastructure, and underground utility and infrastructure. In 2021, the company acquired Blattner, a provider of comprehensive engineering, procurement, and construction solutions to customers in the renewable energy industry.
Executives
Donald Wayne officer: EVP and General Counsel 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Raul Javier Valentin director ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Dorothy Upperman officer: VP Tax 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Bernard Fried director QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Worthing F Jackman director QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Ducey Gerald A Jr officer: Pres. - Strategic Operations 2727 NORTH LOOP WEST, HOUSTON TX 77008
Austin Earl C. Jr. director, officer: President, CEO and COO QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
James Redgie Probst officer: President - Electric Power 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Derrick A Jensen officer: Chief Financial Officer QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
Robert Scott Rowe director 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
Vincent D Foster director QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Paul Nobel officer: Chief Accounting Officer & VP C/O QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
John Michal Conaway director QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
Holli C. Ladhani director 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Nicholas M Grindstaff officer: VP - Finance and Treasurer QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175