ESP (Espey Manufacturing & Electronics) Shiller PE Ratio: 40.79 (As of Sep. 03, 2026) — 158% Above Median

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ESP Espey Manufacturing & Electronics Corp ESP
78 GF Score
Price $62.00
GF Value $28.70
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Espey Manufacturing & Electronics Shiller PE Ratio?

Espey Manufacturing & Electronics ESP -0.35% 78 Shiller PE Ratio is 40.79 as of Sep. 03, 2026, which is 158% above its 10-year median of 15.83. GuruFocus rates ESP with a GF Scoreâ„¢ of 78/100 and a GF Valueâ„¢ of $28.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,804 Industrial Products companies, Espey Manufacturing & Electronics ranks worse than 64.3% on this metric.

As of today (2026-09-03), Espey Manufacturing & Electronics's current share price is $62.00. Espey Manufacturing & Electronics's E10 for the quarter that ended in Mar. 2026 was $1.52. Espey Manufacturing & Electronics's Shiller PE Ratio for today is 40.79.

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

ESP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.52   Med: 15.83   Max: 46.8
Current: 40.79

During the past years, Espey Manufacturing & Electronics's highest Shiller PE Ratio was 46.80. The lowest was 10.52. And the median was 15.83.

ESP's Shiller PE Ratio is ranked worse than
64.3% of 1804 companies
in the Industrial Products industry
Industry Median: 28.77 vs ESP: 40.79

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.

Espey Manufacturing & Electronics's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.990. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Espey Manufacturing & Electronics  (AMEX:ESP) 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.


Espey Manufacturing & Electronics Shiller PE Ratio Related Terms


Espey Manufacturing & Electronics Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Espey Manufacturing & Electronics'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.

Espey Manufacturing & Electronics Shiller PE Ratio Chart

Espey Manufacturing & Electronics Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.83 12.27 16.41 17.51 33.60

Espey Manufacturing & Electronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 21.28 33.60 28.41 32.44 36.46

ESP vs EAF, NEOV, SKYX: Shiller PE Ratio Comparison

For the Electrical Equipment & Parts subindustry, Espey Manufacturing & Electronics'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.


Espey Manufacturing & Electronics Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Espey Manufacturing & Electronics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Espey Manufacturing & Electronics's Shiller PE Ratio falls into.


ESP
78GF Score
Espey Manufacturing & Electronics Corp ESP
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Espey Manufacturing & Electronics 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.

Espey Manufacturing & Electronics's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=62.00/1.52
=40.79

* 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.

Espey Manufacturing & Electronics's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Espey Manufacturing & Electronics's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.99/330.2130*330.2130
=0.990

Current CPI (Mar. 2026) = 330.2130.

Espey Manufacturing & Electronics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.300 241.018 0.411
201609 0.180 241.428 0.246
201612 0.110 241.432 0.150
201703 0.120 243.801 0.163
201706 0.080 244.955 0.108
201709 0.190 246.819 0.254
201712 0.690 246.524 0.924
201803 0.140 249.554 0.185
201806 0.290 251.989 0.380
201809 0.030 252.439 0.039
201812 0.090 251.233 0.118
201903 0.390 254.202 0.507
201906 0.480 256.143 0.619
201909 0.030 256.759 0.039
201912 0.100 256.974 0.129
202003 -0.040 258.115 -0.051
202006 0.400 257.797 0.512
202009 0.080 260.280 0.101
202012 -0.080 260.474 -0.101
202103 -0.440 264.877 -0.549
202106 0.360 271.696 0.438
202109 0.130 274.310 0.156
202112 0.010 278.802 0.012
202203 0.270 287.504 0.310
202206 0.110 296.311 0.123
202209 0.310 296.808 0.345
202212 0.470 296.797 0.523
202303 0.350 301.836 0.383
202306 0.360 305.109 0.390
202309 0.440 307.789 0.472
202312 0.720 306.746 0.775
202403 0.400 312.332 0.423
202406 0.730 314.175 0.767
202409 0.610 315.301 0.639
202412 0.710 315.605 0.743
202503 0.630 319.799 0.651
202506 1.070 322.561 1.095
202509 0.760 324.800 0.773
202512 0.990 324.054 1.009
202603 0.990 330.213 0.990

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 40.79 mean?
Espey Manufacturing & Electronics (ESP) has a Shiller PE Ratio of 40.79 as of Sep. 03, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Espey Manufacturing & Electronics and its competitors. This is 158% above median its historical median of 15.83. Over the past decade, Espey Manufacturing & Electronics' Shiller PE Ratio has ranged from 10.52 to 46.80. According to the industry distribution chart, Espey Manufacturing & Electronics ranks #1160 out of 1804 companies in the Industrial Products industry, placing it in the top 64.3%.
Is Espey Manufacturing & Electronics' Shiller PE Ratio too high?
Espey Manufacturing & Electronics' current Shiller PE Ratio of 40.79 is 158% above median its 10-year median of 15.83. Over the past 10 years, this metric has ranged from a low of 10.52 to a high of 46.80. The Industrial Products industry median Shiller PE Ratio is 28.77. Espey Manufacturing & Electronics' value of 40.79 is 41.8% above this industry median. Based on the distribution chart, Espey Manufacturing & Electronics ranks #1160 out of 1804 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Espey Manufacturing & Electronics has a GF Scoreâ„¢ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Espey Manufacturing & Electronics' Shiller PE Ratio compare to EAF and NEOV?
According to the Industrial Products industry distribution chart, Espey Manufacturing & Electronics ranks #1160 out of 1804 companies for Shiller PE Ratio. This places Espey Manufacturing & Electronics in the lower half of its industry. The industry median Shiller PE Ratio is 28.77. Espey Manufacturing & Electronics' value of 40.79 is 41.8% above this benchmark. Historically, Espey Manufacturing & Electronics' own Shiller PE Ratio has ranged from 10.52 to 46.80 over the past decade. While the company's 10-year median is 15.83 vs. the industry median of 28.77, Espey Manufacturing & Electronics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Industrial Products company?
The median Shiller PE Ratio among Industrial Products companies is 28.77, based on 1,804 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Espey Manufacturing & Electronics's current Shiller PE Ratio of 40.79 is 41.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Espey Manufacturing & Electronics and its competitors. For the Industrial Products industry, the median Shiller PE Ratio is 28.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Espey Manufacturing & Electronics's current Shiller PE Ratio is 40.79, which is 158% above median its own 10-year median of 15.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espey Manufacturing & Electronics stock overvalued right now?
Based on GuruFocus' analysis, Espey Manufacturing & Electronics (ESP) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.70, compared to a current price of $62.00 — trading 116% above its estimated fair value. The current Shiller PE Ratio is 40.79, which is 158% above median its 10-year median of 15.83 and 41.8% above the Industrial Products industry median of 28.77. Espey Manufacturing & Electronics' overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Espey Manufacturing & Electronics (ESP), the current Shiller PE Ratio is 40.79 as of Sep. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Espey Manufacturing & Electronics (ESP) Overvalued in 2026?

Based on GuruFocus' analysis, Espey Manufacturing & Electronics stock appears to be overvalued. The current stock price of $62.00 is trading 116% above its estimated GF Value™ of $28.70. GuruFocus considers Espey Manufacturing & Electronics to be Significantly Overvalued.

Key valuation signals for ESP:

  • Shiller PE Ratio: 40.79 (158% above median its 10-year median of 15.83)
  • GF Value™: $28.70 vs. price of $62.00 (116% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 41.8% above the Industrial Products median (#1160 of 1804)

No single metric tells the full story. See the ESP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Espey Manufacturing & Electronics Business Description

Address 233 Ballston Avenue, Saratoga Springs, NY, USA, 12866
Espey Manufacturing & Electronics Corp is a power electronics design and OEM manufacturing company delivering products for military and severe environment applications. Its products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, and antennas. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power. Espey services include design and development to specification, build to specifications provided by the customer, build to print, design services, design studies, environmental testing services, metal fabrication, painting services, and development of automatic testing equipment.
78GF Score

Get the complete analysis for ESP

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$62.00
Price
$28.70
GF Value