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FormFactor (FRA:FMF) Shiller PE Ratio : 79.85 (As of Jun. 24, 2024)


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What is FormFactor Shiller PE Ratio?

As of today (2024-06-24), FormFactor's current share price is €53.50. FormFactor's E10 for the quarter that ended in Mar. 2024 was €0.67. FormFactor's Shiller PE Ratio for today is 79.85.

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

FRA:FMF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 46.8   Med: 77.82   Max: 1695
Current: 80.02

During the past years, FormFactor's highest Shiller PE Ratio was 1695.00. The lowest was 46.80. And the median was 77.82.

FRA:FMF's Shiller PE Ratio is ranked worse than
84.54% of 511 companies
in the Semiconductors industry
Industry Median: 29.08 vs FRA:FMF: 80.02

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.

FormFactor's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.258. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FormFactor Shiller PE Ratio Historical Data

The historical data trend for FormFactor'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.

FormFactor Shiller PE Ratio Chart

FormFactor 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 - - 205.30 56.44 63.79

FormFactor 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 70.69 71.69 68.00 63.79 63.01

Competitive Comparison of FormFactor's Shiller PE Ratio

For the Semiconductors subindustry, FormFactor'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.


FormFactor's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



FormFactor 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.

FormFactor's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=53.50/0.67
=79.85

* 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.

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

For example, FormFactor'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)
=0.258/131.7762*131.7762
=0.258

Current CPI (Mar. 2024) = 131.7762.

FormFactor Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.059 100.560 -0.077
201409 -0.004 100.428 -0.005
201412 -0.024 99.070 -0.032
201503 0.009 99.621 0.012
201506 0.009 100.684 0.012
201509 -0.036 100.392 -0.047
201512 -0.009 99.792 -0.012
201603 -0.216 100.470 -0.283
201606 0.543 101.688 0.704
201609 -0.178 101.861 -0.230
201612 -0.209 101.863 -0.270
201703 0.065 102.862 0.083
201706 0.214 103.349 0.273
201709 0.143 104.136 0.181
201712 0.059 104.011 0.075
201803 0.024 105.290 0.030
201806 0.103 106.317 0.128
201809 0.086 106.507 0.106
201812 0.993 105.998 1.234
201903 0.062 107.251 0.076
201906 0.080 108.070 0.098
201909 0.100 108.329 0.122
201912 0.216 108.420 0.263
202003 0.181 108.902 0.219
202006 0.231 108.767 0.280
202009 0.246 109.815 0.295
202012 0.197 109.897 0.236
202103 0.210 111.754 0.248
202106 0.191 114.631 0.220
202109 0.221 115.734 0.252
202112 0.292 117.630 0.327
202203 0.345 121.301 0.375
202206 0.359 125.017 0.378
202209 0.061 125.227 0.064
202212 -0.170 125.222 -0.179
202303 0.019 127.348 0.020
202306 0.009 128.729 0.009
202309 0.056 129.860 0.057
202312 0.889 129.419 0.905
202403 0.258 131.776 0.258

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.


FormFactor  (FRA:FMF) 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.


FormFactor Shiller PE Ratio Related Terms

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


FormFactor (FRA:FMF) Business Description

Traded in Other Exchanges
Address
7005 Southfront Road, Livermore, CA, USA, 94551
FormFactor Inc designs, develops, manufactures, sells, and supports semiconductor probe card products. The company operates in two reportable segments namely Probe Cards Segment and the Systems Segment. Sales of probe cards and analytical probes are included in the Probe Cards Segment, while sales of probe stations and thermal sub-systems are included in the Systems Segment. Probe cards generate the maximum revenue from its operations. It offers multiple product lines which include analytical probes, probe stations, thermal sub-systems, and related services.

FormFactor (FRA:FMF) Headlines