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Ceragon Networks (Ceragon Networks) Shiller PE Ratio : (As of Apr. 30, 2024)


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What is Ceragon Networks Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ceragon Networks Shiller PE Ratio Historical Data

The historical data trend for Ceragon Networks'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.

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Ceragon Networks Shiller PE Ratio Chart

Ceragon Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Ceragon Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Ceragon Networks's Shiller PE Ratio

For the Communication Equipment subindustry, Ceragon Networks'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.


Ceragon Networks's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Ceragon Networks 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.

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

For example, Ceragon Networks'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)
=-0.01/129.4194*129.4194
=-0.010

Current CPI (Dec. 2023) = 129.4194.

Ceragon Networks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.510 99.695 -0.662
201406 0.150 100.560 0.193
201409 -0.080 100.428 -0.103
201412 -0.680 99.070 -0.888
201503 -0.090 99.621 -0.117
201506 0.020 100.684 0.026
201509 0.020 100.392 0.026
201512 0.070 99.792 0.091
201603 -0.010 100.470 -0.013
201606 0.001 101.688 0.001
201609 0.040 101.861 0.051
201612 0.100 101.863 0.127
201703 -0.002 102.862 -0.003
201706 0.060 103.349 0.075
201709 0.040 104.136 0.050
201712 0.090 104.011 0.112
201803 0.030 105.290 0.037
201806 0.040 106.317 0.049
201809 0.080 106.507 0.097
201812 0.140 105.998 0.171
201903 0.010 107.251 0.012
201906 0.010 108.070 0.012
201909 0.002 108.329 0.002
201912 -0.050 108.420 -0.060
202003 -0.090 108.902 -0.107
202006 -0.070 108.767 -0.083
202009 0.020 109.815 0.024
202012 -0.080 109.897 -0.094
202103 -0.010 111.754 -0.012
202106 -0.020 114.631 -0.023
202109 0.003 115.734 0.003
202112 -0.150 117.630 -0.165
202203 -0.030 121.301 -0.032
202206 -0.020 125.017 -0.021
202209 -0.010 125.227 -0.010
202212 -0.030 125.222 -0.031
202303 0.020 127.348 0.020
202306 0.020 128.729 0.020
202309 0.040 129.860 0.040
202312 -0.010 129.419 -0.010

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.


Ceragon Networks  (NAS:CRNT) 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.


Ceragon Networks Shiller PE Ratio Related Terms

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Ceragon Networks (Ceragon Networks) Business Description

Traded in Other Exchanges
Address
Building. A, 7th floor, Nitzba City, Plot 300, PO Box 112, Rosh Ha’Ayin, ISR, 4810002
Ceragon Networks Ltd offers wireless backhaul solutions. Its products comprise of FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform, and Network Management. The company provides its services to wireless service providers, public safety organizations, government agencies and utility companies. The company's FibeAir IP-20 platform offers flexibility in choosing all-outdoor, split-mount and all-indoor configurations to suit any deployment scenario. Its products include short haul-access, short haul-aggregation, small cells, long haul, and enterprise access. Geographically, it derives majority revenue from India and also has a presence in North America, Europe, Africa, Asia-Pacific, and the Middle East and Latin America.