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Minerals Technologies (FRA:MNK) Shiller PE Ratio : 16.97 (As of May. 17, 2024)


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What is Minerals Technologies Shiller PE Ratio?

As of today (2024-05-17), Minerals Technologies's current share price is €74.50. Minerals Technologies's E10 for the quarter that ended in Mar. 2024 was €4.39. Minerals Technologies's Shiller PE Ratio for today is 16.97.

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

FRA:MNK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.99   Med: 22.45   Max: 58.11
Current: 17.44

During the past years, Minerals Technologies's highest Shiller PE Ratio was 58.11. The lowest was 8.99. And the median was 22.45.

FRA:MNK's Shiller PE Ratio is ranked better than
56.18% of 1036 companies
in the Chemicals industry
Industry Median: 19.86 vs FRA:MNK: 17.44

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.

Minerals Technologies's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.325. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minerals Technologies Shiller PE Ratio Historical Data

The historical data trend for Minerals Technologies'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.

Minerals Technologies Shiller PE Ratio Chart

Minerals Technologies 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 17.07 17.56 18.05 13.74 15.76

Minerals Technologies 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 13.31 12.52 12.16 15.76 16.04

Competitive Comparison of Minerals Technologies's Shiller PE Ratio

For the Specialty Chemicals subindustry, Minerals Technologies'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.


Minerals Technologies's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Minerals Technologies's Shiller PE Ratio distribution charts can be found below:

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



Minerals Technologies 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.

Minerals Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=74.50/4.39
=16.97

* 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.

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

For example, Minerals Technologies'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)
=1.325/131.7762*131.7762
=1.325

Current CPI (Mar. 2024) = 131.7762.

Minerals Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.390 100.560 0.511
201409 0.823 100.428 1.080
201412 0.495 99.070 0.658
201503 0.933 99.621 1.234
201506 0.677 100.684 0.886
201509 0.740 100.392 0.971
201512 0.441 99.792 0.582
201603 0.871 100.470 1.142
201606 0.534 101.688 0.692
201609 1.051 101.861 1.360
201612 0.986 101.863 1.276
201703 0.907 102.862 1.162
201706 1.077 103.349 1.373
201709 0.982 104.136 1.243
201712 1.791 104.011 2.269
201803 0.908 105.290 1.136
201806 1.070 106.317 1.326
201809 1.011 106.507 1.251
201812 1.072 105.998 1.333
201903 0.982 107.251 1.207
201906 0.664 108.070 0.810
201909 0.981 108.329 1.193
201912 0.747 108.420 0.908
202003 1.014 108.902 1.227
202006 0.373 108.767 0.452
202009 0.705 109.815 0.846
202012 0.748 109.897 0.897
202103 0.983 111.754 1.159
202106 1.021 114.631 1.174
202109 1.037 115.734 1.181
202112 1.089 117.630 1.220
202203 1.208 121.301 1.312
202206 1.287 125.017 1.357
202209 0.414 125.227 0.436
202212 0.585 125.222 0.616
202303 1.065 127.348 1.102
202306 0.757 128.729 0.775
202309 -0.553 129.860 -0.561
202312 1.119 129.419 1.139
202403 1.325 131.776 1.325

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.


Minerals Technologies  (FRA:MNK) 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.


Minerals Technologies Shiller PE Ratio Related Terms

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


Minerals Technologies (FRA:MNK) Business Description

Traded in Other Exchanges
Address
622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.

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