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Micros Systems (FRA:MS6) Shiller PE Ratio : 34.76 (As of May. 22, 2024)


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What is Micros Systems Shiller PE Ratio?

As of today (2024-05-22), Micros Systems's current share price is €49.36. Micros Systems's E10 for the quarter that ended in Jun. 2014 was €1.42. Micros Systems's Shiller PE Ratio for today is 34.76.

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

FRA:MS6' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.69   Med: 37.82   Max: 79.95
Current: 35.58

During the past years, Micros Systems's highest Shiller PE Ratio was 79.95. The lowest was 16.69. And the median was 37.82.

FRA:MS6's Shiller PE Ratio is not ranked
in the Software industry.
Industry Median: 30.755 vs FRA:MS6: 35.58

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.

Micros Systems's adjusted earnings per share data for the three months ended in Jun. 2014 was €0.543. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.42 for the trailing ten years ended in Jun. 2014.

Shiller PE for Stocks: The True Measure of Stock Valuation


Micros Systems Shiller PE Ratio Historical Data

The historical data trend for Micros Systems'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.

Micros Systems Shiller PE Ratio Chart

Micros Systems Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.71 38.82 34.18 25.37 35.44

Micros Systems Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 25.37 28.99 32.52 28.82 35.44

Competitive Comparison of Micros Systems's Shiller PE Ratio

For the Software - Application subindustry, Micros Systems'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.


Micros Systems's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Micros Systems's Shiller PE Ratio distribution charts can be found below:

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



Micros Systems 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.

Micros Systems's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=49.36/1.42
=34.76

* 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.

Micros Systems's E10 for the quarter that ended in Jun. 2014 is calculated as:

For example, Micros Systems's adjusted earnings per share data for the three months ended in Jun. 2014 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=0.543/100.5595*100.5595
=0.543

Current CPI (Jun. 2014) = 100.5595.

Micros Systems Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200409 0.102 80.121 0.128
200412 0.112 80.290 0.140
200503 0.067 81.555 0.083
200506 0.370 82.062 0.453
200509 0.123 83.876 0.147
200512 0.148 83.032 0.179
200603 0.158 84.298 0.188
200606 0.209 85.606 0.246
200609 0.145 85.606 0.170
200612 0.167 85.142 0.197
200703 0.174 86.640 0.202
200706 0.246 87.906 0.281
200709 0.183 87.964 0.209
200712 0.199 88.616 0.226
200803 0.193 90.090 0.215
200806 0.239 92.320 0.260
200809 0.209 92.307 0.228
200812 0.237 88.697 0.269
200903 0.214 89.744 0.240
200906 0.201 91.003 0.222
200909 0.206 91.120 0.227
200912 0.220 91.111 0.243
201003 0.273 91.821 0.299
201006 0.339 91.962 0.371
201009 0.298 92.162 0.325
201012 0.295 92.474 0.321
201103 0.335 94.283 0.357
201106 0.347 95.235 0.366
201109 0.327 95.727 0.344
201112 0.357 95.213 0.377
201203 0.401 96.783 0.417
201206 0.465 96.819 0.483
201209 0.388 97.633 0.400
201212 0.411 96.871 0.427
201303 0.425 98.209 0.435
201306 0.402 98.518 0.410
201309 0.314 98.790 0.320
201312 0.416 98.326 0.425
201403 0.477 99.695 0.481
201406 0.543 100.560 0.543

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.


Micros Systems  (FRA:MS6) 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.


Micros Systems Shiller PE Ratio Related Terms

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


Micros Systems (FRA:MS6) Business Description

Traded in Other Exchanges
N/A
Address
MICROS Systems, Inc. was incorporated in the State of Maryland in 1977 as Picos Manufacturing, Inc. and, in 1978, changed its name to MICROS Systems, Inc. It is a designer, manufacturer, marketer, and servicer of enterprise applications solutions for the food and beverage, hotel and retail industries. The Company's solutions consist of application specific software and hardware systems, supplemented by various services. The food and beverage and hotel industries (sometimes referred to collectively as the hospitality industry) include numerous defined markets such as lodging (including individual hotel sites and hotel chains), table service restaurants, quick service restaurants, entertainment venues such as stadiums and arenas, business food service operations, casinos, transportation food service, government operations, and cruise ships. The retail industry consists of retail operations selling to consumers both general and specific products, such as clothing, shoes, food, hardware, jewelry, and other specialty items. The enterprise application information solutions comprise of the food and beverage information systems, hotel information systems, and retail information systems. The food and beverage information systems consist of hardware and software for point-of-sale and operational applications, ecommerce, back office applications, including inventory, labor and financial management, gift cards, and certain centrally hosted enterprise applications. The hotel information systems consist of software encompassing room reservation management systems, sales and catering, revenue management, ecommerce, business analytics, central reservations, and interfaces to third party applications. The retail information systems consist of software encompassing point-of-sale, loss prevention, ecommerce, business analytics, customer gift cards, electronic payments and enterprise applications. It markets its products and services internationally. It also sells hardware to its clients and provides field and remote support.

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