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AVX (AVX) Shiller PE Ratio : 24.61 (As of May. 05, 2024)


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What is AVX Shiller PE Ratio?

As of today (2024-05-05), AVX's current share price is $21.66. AVX's E10 for the quarter that ended in Dec. 2019 was $0.88. AVX's Shiller PE Ratio for today is 24.61.

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

AVX's Shiller PE Ratio is not ranked *
in the Hardware industry.
Industry Median: 23.795
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

AVX's adjusted earnings per share data for the three months ended in Dec. 2019 was $0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.88 for the trailing ten years ended in Dec. 2019.

Shiller PE for Stocks: The True Measure of Stock Valuation


AVX Shiller PE Ratio Historical Data

The historical data trend for AVX'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.

AVX Shiller PE Ratio Chart

AVX Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.38 15.08 19.95 22.34 20.10

AVX Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 18.87 20.10 18.84 17.25 23.18

Competitive Comparison of AVX's Shiller PE Ratio

For the Electronic Components subindustry, AVX'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.


AVX's Shiller PE Ratio Distribution in the Hardware Industry

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

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



AVX 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.

AVX's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=21.66/0.88
=24.61

* 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.

AVX's E10 for the quarter that ended in Dec. 2019 is calculated as:

For example, AVX's adjusted earnings per share data for the three months ended in Dec. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=0.28/108.4201*108.4201
=0.280

Current CPI (Dec. 2019) = 108.4201.

AVX Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201003 0.270 91.821 0.319
201006 0.310 91.962 0.365
201009 0.400 92.162 0.471
201012 0.360 92.474 0.422
201103 0.370 94.283 0.425
201106 0.400 95.235 0.455
201109 0.360 95.727 0.408
201112 0.220 95.213 0.251
201203 -0.080 96.783 -0.090
201206 -0.810 96.819 -0.907
201209 0.170 97.633 0.189
201212 0.120 96.871 0.134
201303 0.150 98.209 0.166
201306 0.160 98.518 0.176
201309 0.170 98.790 0.187
201312 0.190 98.326 0.210
201403 0.230 99.695 0.250
201406 0.240 100.560 0.259
201409 0.270 100.428 0.291
201412 0.230 99.070 0.252
201503 0.600 99.621 0.653
201506 0.210 100.684 0.226
201509 0.170 100.392 0.184
201512 0.030 99.792 0.033
201603 0.190 100.470 0.205
201606 0.180 101.688 0.192
201609 0.160 101.861 0.170
201612 0.210 101.863 0.224
201703 0.200 102.862 0.211
201706 0.190 103.349 0.199
201709 0.210 104.136 0.219
201712 -0.550 104.011 -0.573
201803 0.190 105.290 0.196
201806 0.330 106.317 0.337
201809 0.430 106.507 0.438
201812 0.440 105.998 0.450
201903 0.410 107.251 0.414
201906 0.320 108.070 0.321
201909 0.200 108.329 0.200
201912 0.280 108.420 0.280

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.


AVX  (NYSE:AVX) 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.


AVX Shiller PE Ratio Related Terms

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


AVX (AVX) Business Description

Traded in Other Exchanges
N/A
Address
1 AVX Boulevard, Fountain Inn, SC, USA, 29644
AVX Corp is a manufacturer and supplier of electronic components to original-equipment manufacturers, distributors, and electronic manufacturing service providers. The firm operates in three segments: Electronic components, which sells ceramic and tantalum capacitors, film capacitors, and filters; Electronic Devices, which sells ceramic capacitors, sensor products, actuators, and connectors produced by Kyocera, a majority shareholder, and resold by AVX; and Interconnect, which sells Interconnect automotive, telecom, and memory connectors. A majority of the firm's revenue is generated in Asia, and rest in the Americas and Europe.
Executives
Benedict P Rosen director 28601 CLEMENS RD, WESTLAKE OH 44145