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MasTec (FRA:MY8) Shiller PE Ratio : 37.40 (As of Jul. 12, 2024)


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What is MasTec Shiller PE Ratio?

As of today (2024-07-12), MasTec's current share price is €95.00. MasTec's E10 for the quarter that ended in Mar. 2024 was €2.54. MasTec's Shiller PE Ratio for today is 37.40.

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

FRA:MY8' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.73   Med: 32.04   Max: 151.39
Current: 37.58

During the past years, MasTec's highest Shiller PE Ratio was 151.39. The lowest was 12.73. And the median was 32.04.

FRA:MY8's Shiller PE Ratio is ranked worse than
81.85% of 997 companies
in the Construction industry
Industry Median: 15.52 vs FRA:MY8: 37.58

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.

MasTec's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.488. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MasTec Shiller PE Ratio Historical Data

The historical data trend for MasTec'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.

MasTec Shiller PE Ratio Chart

MasTec 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 30.61 27.96 31.68 28.72 27.18

MasTec 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 32.70 40.88 25.18 27.18 33.72

Competitive Comparison of MasTec's Shiller PE Ratio

For the Engineering & Construction subindustry, MasTec'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.


MasTec's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, MasTec's Shiller PE Ratio distribution charts can be found below:

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



MasTec 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.

MasTec's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=95.00/2.54
=37.40

* 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.

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

For example, MasTec'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)
=-0.488/131.7762*131.7762
=-0.488

Current CPI (Mar. 2024) = 131.7762.

MasTec Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.287 100.560 0.376
201409 0.442 100.428 0.580
201412 0.211 99.070 0.281
201503 -0.074 99.621 -0.098
201506 -0.045 100.684 -0.059
201509 0.080 100.392 0.105
201512 -0.881 99.792 -1.163
201603 -0.027 100.470 -0.035
201606 0.267 101.688 0.346
201609 0.615 101.861 0.796
201612 0.626 101.863 0.810
201703 0.467 102.862 0.598
201706 0.881 103.349 1.123
201709 0.646 104.136 0.817
201712 1.648 104.011 2.088
201803 0.260 105.290 0.325
201806 0.865 106.317 1.072
201809 1.303 106.507 1.612
201812 0.360 105.998 0.448
201903 0.504 107.251 0.619
201906 1.398 108.070 1.705
201909 1.535 108.329 1.867
201912 1.197 108.420 1.455
202003 0.434 108.902 0.525
202006 0.693 108.767 0.840
202009 1.350 109.815 1.620
202012 1.266 109.897 1.518
202103 0.748 111.754 0.882
202106 0.847 114.631 0.974
202109 1.275 115.734 1.452
202112 0.920 117.630 1.031
202203 -0.427 121.301 -0.464
202206 0.189 125.017 0.199
202209 0.657 125.227 0.691
202212 0.038 125.222 0.040
202303 -0.981 127.348 -1.015
202306 0.185 128.729 0.189
202309 0.169 129.860 0.171
202312 0.009 129.419 0.009
202403 -0.488 131.776 -0.488

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.


MasTec  (FRA:MY8) 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.


MasTec Shiller PE Ratio Related Terms

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


MasTec (FRA:MY8) Business Description

Traded in Other Exchanges
Address
800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134
MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: 1) communications; 2) clean energy and infrastructure; 3) oil and gas; 4) power delivery, and 5) other.

MasTec (FRA:MY8) Headlines

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