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Polycom (FRA:PLY) Shiller PE Ratio : 36.80 (As of May. 24, 2024)


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What is Polycom Shiller PE Ratio?

As of today (2024-05-24), Polycom's current share price is €11.04. Polycom's E10 for the quarter that ended in Jun. 2016 was €0.30. Polycom's Shiller PE Ratio for today is 36.80.

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

FRA:PLY's Shiller PE Ratio is not ranked *
in the Hardware industry.
Industry Median: 24.3
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Polycom's adjusted earnings per share data for the three months ended in Jun. 2016 was €-0.062. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.30 for the trailing ten years ended in Jun. 2016.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polycom Shiller PE Ratio Historical Data

The historical data trend for Polycom'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.

Polycom Shiller PE Ratio Chart

Polycom Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.93 29.21 33.56 39.02 34.99

Polycom Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 31.80 29.19 34.99 31.34 32.87

Competitive Comparison of Polycom's Shiller PE Ratio

For the Communication Equipment subindustry, Polycom'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.


Polycom's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Polycom 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.

Polycom's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.04/0.3
=36.80

* 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.

Polycom's E10 for the quarter that ended in Jun. 2016 is calculated as:

For example, Polycom's adjusted earnings per share data for the three months ended in Jun. 2016 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=-0.062/101.6881*101.6881
=-0.062

Current CPI (Jun. 2016) = 101.6881.

Polycom Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200609 0.075 85.606 0.089
200612 0.110 85.142 0.131
200703 0.042 86.640 0.049
200706 0.041 87.906 0.047
200709 0.075 87.964 0.087
200712 0.086 88.616 0.099
200803 0.052 90.090 0.059
200806 0.064 92.320 0.070
200809 0.073 92.307 0.080
200812 0.111 88.697 0.127
200903 0.038 89.744 0.043
200906 0.064 91.003 0.072
200909 0.055 91.120 0.061
200912 0.048 91.111 0.054
201003 0.022 91.821 0.024
201006 0.057 91.962 0.063
201009 0.076 92.162 0.084
201012 0.144 92.474 0.158
201103 0.135 94.283 0.146
201106 0.111 95.235 0.119
201109 0.095 95.727 0.101
201112 0.205 95.213 0.219
201203 0.061 96.783 0.064
201206 0.032 96.819 0.034
201209 -0.062 97.633 -0.065
201212 0.008 96.871 0.008
201303 0.008 98.209 0.008
201306 0.023 98.518 0.024
201309 -0.105 98.790 -0.108
201312 -0.015 98.326 -0.016
201403 -0.022 99.695 -0.022
201406 0.044 100.560 0.044
201409 0.093 100.428 0.094
201412 0.122 99.070 0.125
201503 0.139 99.621 0.142
201506 0.125 100.684 0.126
201509 0.089 100.392 0.090
201512 0.101 99.792 0.103
201603 0.018 100.470 0.018
201606 -0.062 101.688 -0.062

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.


Polycom  (FRA:PLY) 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.


Polycom Shiller PE Ratio Related Terms

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


Polycom (FRA:PLY) Business Description

Traded in Other Exchanges
N/A
Address
Polycom Inc was incorporated in December 1990 in Delaware. The Company provides an open, standards-based unified communications and collaboration (UC&C) solutions for voice, video and content collaboration solutions. Its solutions are powered by the Polycom RealPresence Platform, comprehensive software infrastructure and rich application programming interfaces (APIs) that interoperate with a set of communication, business, mobile, and cloud applications and devices to deliver secure face-to-face video collaboration across different environments. The Company is engaged in helping organizations achieve new levels of teamwork, efficiency and productivity by unleashing the power of human collaboration. The Company sells its solutions through a high-touch sales model that leverages its network of channel partners, including distributors, value-added resellers, system integrators; communications services providers, and retailers. The Company serves in three geographical segments; Americas, EMEA and APAC. Its products and solutions are; UC Group Systems, which includes immersive telepresence, group video and group voice systems. UC Platform, which includes collaboration servers, virtualization management "distributed media optimization", resource management, recording and streaming, open API's and remote access technologies that constitute the RealPresence Platform, and UC Personal Devices, which includes desktop video devices and desktop voice products. It competes in the UC&C market with products and solutions that enable voice, video and content collaboration on-premises, across intranets, extranets, mobile devices, and the Internet via its customer premises-based RealPresence Platform, web-based social-collaboration business platforms, and video collaboration-as-a-service offerings delivered from the cloud. These competitors include but are not limited to Cisco Systems, Inc., Acano, Avaya Inc., Blue Jeans Networks, Inc., ClearOne Communications, Inc., Huawei Technologies Co., Ltd., Logitech International S.A./LifeSize, PexIP, Snom Technology Ag, Vidyo, Inc., Yamaha Corporation/Revolabs, Inc., Yealink, ZTE Corporation and others. Its products and services are subject to various federal, state, local, and foreign laws and regulations.

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