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The Eastern Co (FRA:EAQ) Shiller PE Ratio : 16.02 (As of May. 29, 2024)


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What is The Eastern Co Shiller PE Ratio?

As of today (2024-05-29), The Eastern Co's current share price is €25.80. The Eastern Co's E10 for the quarter that ended in Mar. 2024 was €1.61. The Eastern Co's Shiller PE Ratio for today is 16.02.

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

FRA:EAQ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.43   Med: 15.98   Max: 31.57
Current: 15.52

During the past years, The Eastern Co's highest Shiller PE Ratio was 31.57. The lowest was 9.43. And the median was 15.98.

FRA:EAQ's Shiller PE Ratio is ranked better than
73.61% of 1758 companies
in the Industrial Products industry
Industry Median: 25.555 vs FRA:EAQ: 15.52

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.

The Eastern Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.285. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Eastern Co Shiller PE Ratio Historical Data

The historical data trend for The Eastern Co'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.

The Eastern Co Shiller PE Ratio Chart

The Eastern Co 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 21.57 17.05 16.11 11.50 12.77

The Eastern Co 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 11.50 10.71 10.59 12.77 19.43

Competitive Comparison of The Eastern Co's Shiller PE Ratio

For the Tools & Accessories subindustry, The Eastern Co'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.


The Eastern Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Eastern Co's Shiller PE Ratio distribution charts can be found below:

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



The Eastern Co 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.

The Eastern Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.80/1.61
=16.02

* 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.

The Eastern Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, The Eastern Co'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)
=0.285/131.7762*131.7762
=0.285

Current CPI (Mar. 2024) = 131.7762.

The Eastern Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.199 100.560 0.261
201409 0.303 100.428 0.398
201412 0.268 99.070 0.356
201503 0.129 99.621 0.171
201506 0.080 100.684 0.105
201509 0.365 100.392 0.479
201512 0.257 99.792 0.339
201603 0.090 100.470 0.118
201606 0.294 101.688 0.381
201609 0.339 101.861 0.439
201612 0.398 101.863 0.515
201703 0.224 102.862 0.287
201706 0.205 103.349 0.261
201709 0.294 104.136 0.372
201712 -0.025 104.011 -0.032
201803 0.397 105.290 0.497
201806 0.445 106.317 0.552
201809 0.514 106.507 0.636
201812 0.923 105.998 1.147
201903 0.221 107.251 0.272
201906 0.354 108.070 0.432
201909 0.608 108.329 0.740
201912 0.711 108.420 0.864
202003 0.416 108.902 0.503
202006 -0.266 108.767 -0.322
202009 0.408 109.815 0.490
202012 0.181 109.897 0.217
202103 0.781 111.754 0.921
202106 -0.589 114.631 -0.677
202109 0.808 115.734 0.920
202112 0.283 117.630 0.317
202203 0.436 121.301 0.474
202206 0.615 125.017 0.648
202209 0.788 125.227 0.829
202212 0.057 125.222 0.060
202303 0.093 127.348 0.096
202306 0.203 128.729 0.208
202309 0.459 129.860 0.466
202312 0.514 129.419 0.523
202403 0.285 131.776 0.285

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.


The Eastern Co  (FRA:EAQ) 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.


The Eastern Co Shiller PE Ratio Related Terms

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


The Eastern Co (FRA:EAQ) Business Description

Traded in Other Exchanges
Address
3 Enterprise Drive, Suite 408, Shelton, CT, USA, 06484
The Eastern Co manages industrial businesses that design, manufacture and sell engineered solutions to industrial markets. It operates in United States and Other Countries, and generates majority of the revenue from United States.

The Eastern Co (FRA:EAQ) Headlines

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