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Park Aerospace (FRA:PKE) Shiller PE Ratio : 14.65 (As of May. 26, 2024)


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What is Park Aerospace Shiller PE Ratio?

As of today (2024-05-26), Park Aerospace's current share price is €12.60. Park Aerospace's E10 for the quarter that ended in Nov. 2023 was €0.86. Park Aerospace's Shiller PE Ratio for today is 14.65.

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

FRA:PKE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.72   Med: 15.29   Max: 27.65
Current: 15.21

During the past years, Park Aerospace's highest Shiller PE Ratio was 27.65. The lowest was 8.72. And the median was 15.29.

FRA:PKE's Shiller PE Ratio is ranked better than
86.13% of 137 companies
in the Aerospace & Defense industry
Industry Median: 37.36 vs FRA:PKE: 15.21

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.

Park Aerospace's adjusted earnings per share data for the three months ended in Nov. 2023 was €0.055. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.86 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Park Aerospace Shiller PE Ratio Historical Data

The historical data trend for Park Aerospace'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.

Park Aerospace Shiller PE Ratio Chart

Park Aerospace Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.13 12.00 13.69 13.94 16.43

Park Aerospace Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 13.34 16.43 13.26 14.27 16.20

Competitive Comparison of Park Aerospace's Shiller PE Ratio

For the Aerospace & Defense subindustry, Park Aerospace'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.


Park Aerospace's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Park Aerospace's Shiller PE Ratio distribution charts can be found below:

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



Park Aerospace 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.

Park Aerospace's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=12.60/0.86
=14.65

* 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.

Park Aerospace's E10 for the quarter that ended in Nov. 2023 is calculated as:

For example, Park Aerospace's adjusted earnings per share data for the three months ended in Nov. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.055/129.5481*129.5481
=0.055

Current CPI (Nov. 2023) = 129.5481.

Park Aerospace Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201402 -2.108 99.057 -2.757
201405 0.284 100.373 0.367
201408 0.180 100.352 0.232
201411 0.080 99.635 0.104
201502 0.203 99.032 0.266
201505 0.206 100.333 0.266
201508 0.207 100.548 0.267
201511 0.186 100.135 0.241
201602 0.207 100.040 0.268
201605 0.133 101.355 0.170
201608 0.089 101.617 0.113
201611 0.083 101.829 0.106
201702 0.113 102.779 0.142
201705 0.063 103.256 0.079
201708 0.025 103.587 0.031
201711 0.034 104.072 0.042
201802 0.721 105.052 0.889
201805 0.135 106.148 0.165
201808 0.113 106.383 0.138
201811 0.158 106.338 0.192
201902 4.467 106.649 5.426
201905 0.116 108.048 0.139
201908 0.090 108.245 0.108
201911 0.109 108.519 0.130
202002 0.110 109.139 0.131
202005 0.092 108.175 0.110
202008 0.042 109.662 0.050
202011 0.042 109.793 0.050
202102 0.041 110.968 0.048
202105 0.107 113.576 0.122
202108 0.085 115.421 0.095
202111 0.070 117.269 0.077
202202 0.088 119.703 0.095
202205 0.085 123.323 0.089
202208 0.089 124.958 0.092
202211 0.108 125.607 0.111
202302 0.215 126.928 0.219
202305 0.083 128.314 0.084
202308 0.083 129.538 0.083
202311 0.055 129.548 0.055

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.


Park Aerospace  (FRA:PKE) 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.


Park Aerospace Shiller PE Ratio Related Terms

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


Park Aerospace (FRA:PKE) Business Description

Traded in Other Exchanges
Address
1400 Old Country Road, Suite 409N, Westbury, New York, NY, USA, 11590
Park Aerospace Corp designs develop and manufactures engineered, Advanced composite materials and composite structures and assemblies and low-volume tooling for the aerospace markets and prototype tooling for such structures and assemblies. It only operating business segments is Aerospace. Geographically, the company derives a majority of revenue from North America and also has a presence in a company operates its business in Asia and Europe. It offers Advanced Composite Prepregs for Aircraft Structures and Interiors, Sigma Strut and Alpha Strut.