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Spectra Products (Spectra Products) Shiller PE Ratio : 8.50 (As of May. 01, 2024)


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What is Spectra Products Shiller PE Ratio?

As of today (2024-05-01), Spectra Products's current share price is $0.17. Spectra Products's E10 for the quarter that ended in Sep. 2023 was $0.02. Spectra Products's Shiller PE Ratio for today is 8.50.

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

SPKTF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.67   Med: 10   Max: 25
Current: 7.92

During the past years, Spectra Products's highest Shiller PE Ratio was 25.00. The lowest was 5.67. And the median was 10.00.

SPKTF's Shiller PE Ratio is ranked better than
86.71% of 820 companies
in the Vehicles & Parts industry
Industry Median: 17.81 vs SPKTF: 7.92

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.

Spectra Products's adjusted earnings per share data for the three months ended in Sep. 2023 was $0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.02 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spectra Products Shiller PE Ratio Historical Data

The historical data trend for Spectra Products'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.

Spectra Products Shiller PE Ratio Chart

Spectra Products Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 77.81 14.56 9.82 6.06

Spectra Products Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Shiller PE Ratio Get a 7-Day Free Trial 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 8.16 6.06 6.03 7.41 8.09

Competitive Comparison of Spectra Products's Shiller PE Ratio

For the Auto Parts subindustry, Spectra Products'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.


Spectra Products's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Spectra Products's Shiller PE Ratio distribution charts can be found below:

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



Spectra Products 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.

Spectra Products's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.17/0.02
=8.50

* 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.

Spectra Products's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Spectra Products's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.004/125.2304*125.2304
=0.004

Current CPI (Sep. 2023) = 125.2304.

Spectra Products Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.000 96.945 0.000
201403 0.000 98.604 0.000
201406 0.001 99.473 0.001
201409 0.001 99.394 0.001
201412 0.000 98.367 0.000
201503 0.001 99.789 0.001
201506 0.004 100.500 0.005
201509 0.003 100.421 0.004
201512 0.000 99.947 0.000
201603 0.002 101.054 0.002
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.002 101.449 0.002
201703 0.002 102.634 0.002
201706 0.003 103.029 0.004
201709 0.002 103.345 0.002
201712 0.001 103.345 0.001
201803 0.006 105.004 0.007
201806 0.003 105.557 0.004
201809 0.006 105.636 0.007
201812 0.022 105.399 0.026
201903 0.004 106.979 0.005
201906 0.008 107.690 0.009
201909 0.006 107.611 0.007
201912 0.020 107.769 0.023
202003 0.006 107.927 0.007
202006 0.003 108.401 0.003
202009 0.004 108.164 0.005
202012 0.025 108.559 0.029
202103 0.003 110.298 0.003
202106 0.004 111.720 0.004
202109 0.004 112.905 0.004
202112 0.002 113.774 0.002
202203 0.002 117.646 0.002
202206 0.002 120.806 0.002
202209 0.007 120.648 0.007
202212 -0.003 120.964 -0.003
202303 0.004 122.702 0.004
202306 0.008 124.203 0.008
202309 0.004 125.230 0.004

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.


Spectra Products  (OTCPK:SPKTF) 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.


Spectra Products Shiller PE Ratio Related Terms

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


Spectra Products (Spectra Products) Business Description

Traded in Other Exchanges
Address
41 Horner Avenue, Unit 2, Etobicoke, Toronto, ON, CAN, M8Z 4X4
Spectra Products Inc is a company engaged in manufacturing and supplying safety and productivity enhancement products to the bus and truck transportation industry. The operating segment of the company is Bus and Truck Transportation Safety Equipment. It manufactures and markets brake and wheel-end monitoring equipment as an after-market product through transportation dealers, distributors and direct sales to fleet operators. Geographically, it generates the majority of its revenue from the United States.

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