GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Finning International Inc (FRA:CIH) » Definitions » Shiller PE Ratio

Finning International (FRA:CIH) Shiller PE Ratio : 21.46 (As of Jun. 23, 2024)


View and export this data going back to 1969. Start your Free Trial

What is Finning International Shiller PE Ratio?

As of today (2024-06-23), Finning International's current share price is €26.40. Finning International's E10 for the quarter that ended in Mar. 2024 was €1.23. Finning International's Shiller PE Ratio for today is 21.46.

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

FRA:CIH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.17   Med: 21.96   Max: 33.54
Current: 21.39

During the past years, Finning International's highest Shiller PE Ratio was 33.54. The lowest was 11.17. And the median was 21.96.

FRA:CIH's Shiller PE Ratio is ranked worse than
60.91% of 110 companies
in the Industrial Distribution industry
Industry Median: 16.28 vs FRA:CIH: 21.39

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.

Finning International's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.571. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Finning International Shiller PE Ratio Historical Data

The historical data trend for Finning International'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.

Finning International Shiller PE Ratio Chart

Finning International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.07 20.57 22.37 21.00 21.71

Finning International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.29 23.70 22.56 21.71 21.92

Competitive Comparison of Finning International's Shiller PE Ratio

For the Industrial Distribution subindustry, Finning International'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.


Finning International's Shiller PE Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Finning International's Shiller PE Ratio distribution charts can be found below:

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



Finning International 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.

Finning International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=26.40/1.23
=21.46

* 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.

Finning International's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Finning International's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.571/126.2576*126.2576
=0.571

Current CPI (Mar. 2024) = 126.2576.

Finning International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.340 99.473 0.432
201409 0.233 99.394 0.296
201412 0.436 98.367 0.560
201503 0.227 99.789 0.287
201506 0.259 100.500 0.325
201509 0.128 100.421 0.161
201512 -1.205 99.947 -1.522
201603 0.061 101.054 0.076
201606 0.021 102.002 0.026
201609 0.150 101.765 0.186
201612 0.036 101.449 0.045
201703 0.196 102.634 0.241
201706 0.221 103.029 0.271
201709 0.198 103.345 0.242
201712 0.251 103.345 0.307
201803 0.263 105.004 0.316
201806 0.313 105.557 0.374
201809 0.099 105.636 0.118
201812 0.216 105.399 0.259
201903 0.113 106.979 0.133
201906 0.360 107.690 0.422
201909 0.315 107.611 0.370
201912 0.212 107.769 0.248
202003 0.214 107.927 0.250
202006 0.079 108.401 0.092
202009 0.347 108.164 0.405
202012 0.282 108.559 0.328
202103 0.287 110.298 0.329
202106 0.380 111.720 0.429
202109 0.409 112.905 0.457
202112 0.449 113.774 0.498
202203 0.423 117.646 0.454
202206 0.591 120.806 0.618
202209 0.734 120.648 0.768
202212 0.618 120.964 0.645
202303 0.608 122.702 0.626
202306 0.695 124.203 0.706
202309 0.734 125.230 0.740
202312 0.410 125.072 0.414
202403 0.571 126.258 0.571

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.


Finning International  (FRA:CIH) 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.


Finning International Shiller PE Ratio Related Terms

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


Finning International (FRA:CIH) Business Description

Traded in Other Exchanges
Address
19100 94th Avenue, Surrey, BC, CAN, V4N 5C3
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, South America, UK and Ireland, and others.