Teledyne Technologies (FRA:TYZ) Shiller PE Ratio: 40.21 (As of Sep. 10, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:TYZ Teledyne Technologies Inc FRA:TYZ
95 GF Score
Price €511.50
GF Value €473.59
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Teledyne Technologies Shiller PE Ratio?

Teledyne Technologies FRA:TYZ -1.73% 95 Shiller PE Ratio is 40.21 as of Sep. 10, 2026, which is 2% below its 10-year median of 40.87. GuruFocus rates FRA:TYZ with a GF Score™ of 95/100 and a GF Value™ of €473.59 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,420 Hardware companies, Teledyne Technologies ranks worse than 58.73% on this metric.

As of today (2026-09-10), Teledyne Technologies's current share price is €511.50. Teledyne Technologies's E10 for the quarter that ended in Jun. 2026 was €12.72. Teledyne Technologies's Shiller PE Ratio for today is 40.21.

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

FRA:TYZ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.07   Med: 40.87   Max: 61.27
Current: 39.32

During the past years, Teledyne Technologies's highest Shiller PE Ratio was 61.27. The lowest was 22.07. And the median was 40.87.

FRA:TYZ's Shiller PE Ratio is ranked worse than
58.73% of 1420 companies
in the Hardware industry
Industry Median: 30.66 vs FRA:TYZ: 39.32

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.

Teledyne Technologies's adjusted earnings per share data for the three months ended in Jun. 2026 was €4.661. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €12.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teledyne Technologies  (FRA:TYZ) 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.


Teledyne Technologies Shiller PE Ratio Related Terms


Teledyne Technologies Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Teledyne 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.

Teledyne Technologies Shiller PE Ratio Chart

Teledyne Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.07 41.21 39.69 37.04 36.43

Teledyne Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 38.49 42.83 36.43 41.39 44.06

FRA:TYZ vs FTV, MKSI, TRMB: Shiller PE Ratio Comparison

For the Scientific & Technical Instruments subindustry, Teledyne 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.


Teledyne Technologies Shiller PE Ratio vs Hardware Industry

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

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


FRA:TYZ
95GF Score
Teledyne Technologies Inc FRA:TYZ
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teledyne 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.

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

Shiller PE Ratio=Share Price/ E10
=511.50/12.72
=40.21

* 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.

Teledyne Technologies's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Teledyne Technologies's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.661/333.9520*333.9520
=4.661

Current CPI (Jun. 2026) = 333.9520.

Teledyne Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 1.301 241.428 1.800
201612 1.403 241.432 1.941
201703 0.785 243.801 1.075
201706 1.477 244.955 2.014
201709 1.594 246.819 2.157
201712 1.555 246.524 2.106
201803 1.468 249.554 1.964
201806 1.986 251.989 2.632
201809 2.083 252.439 2.756
201812 2.154 251.233 2.863
201903 1.788 254.202 2.349
201906 2.478 256.143 3.231
201909 2.579 256.759 3.354
201912 2.754 256.974 3.579
202003 1.964 258.115 2.541
202006 2.202 257.797 2.852
202009 2.106 260.280 2.702
202012 2.861 260.474 3.668
202103 1.873 264.877 2.361
202106 1.228 271.696 1.509
202109 2.389 274.310 2.908
202112 3.000 278.802 3.593
202203 4.050 287.504 4.704
202206 3.396 296.311 3.827
202209 3.777 296.808 4.250
202212 4.475 296.797 5.035
202303 3.484 301.836 3.855
202306 3.572 305.109 3.910
202309 3.889 307.789 4.220
202312 6.190 306.746 6.739
202403 3.422 312.332 3.659
202406 3.502 314.175 3.722
202409 4.992 315.301 5.287
202412 4.011 315.605 4.244
202503 3.691 319.799 3.854
202506 3.841 322.561 3.977
202509 3.962 324.800 4.074
202512 4.987 324.054 5.139
202603 4.195 330.213 4.242
202606 4.661 333.952 4.661

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 40.21 mean?
Teledyne Technologies (FRA:TYZ) has a Shiller PE Ratio of 40.21 as of Sep. 10, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Teledyne Technologies and its competitors. This is near median its historical median of 40.87. Over the past decade, Teledyne Technologies' Shiller PE Ratio has ranged from 22.07 to 61.27. According to the industry distribution chart, Teledyne Technologies ranks #834 out of 1420 companies in the Hardware industry, placing it in the top 58.7%.
Is Teledyne Technologies' Shiller PE Ratio too high?
Teledyne Technologies' current Shiller PE Ratio of 40.21 is near median its 10-year median of 40.87. Over the past 10 years, this metric has ranged from a low of 22.07 to a high of 61.27. The Hardware industry median Shiller PE Ratio is 30.66. Teledyne Technologies' value of 40.21 is 31.1% above this industry median. Based on the distribution chart, Teledyne Technologies ranks #834 out of 1420 companies in the Hardware industry, which is below the industry midpoint. Overall, Teledyne Technologies has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Teledyne Technologies' Shiller PE Ratio compare to FTV and MKSI?
According to the Hardware industry distribution chart, Teledyne Technologies ranks #834 out of 1420 companies for Shiller PE Ratio. This places Teledyne Technologies in the lower half of its industry. The industry median Shiller PE Ratio is 30.66. Teledyne Technologies' value of 40.21 is 31.1% above this benchmark. Historically, Teledyne Technologies' own Shiller PE Ratio has ranged from 22.07 to 61.27 over the past decade. While the company's 10-year median is 40.87 vs. the industry median of 30.66, Teledyne Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Hardware company?
The median Shiller PE Ratio among Hardware companies is 30.66, based on 1,420 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Teledyne Technologies's current Shiller PE Ratio of 40.21 is 31.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Teledyne Technologies and its competitors. For the Hardware industry, the median Shiller PE Ratio is 30.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teledyne Technologies's current Shiller PE Ratio is 40.21, which is near median its own 10-year median of 40.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teledyne Technologies stock overvalued right now?
Based on GuruFocus' analysis, Teledyne Technologies (FRA:TYZ) is currently considered Fairly Valued. The stock's GF Value™ is €473.59, compared to a current price of €511.50 — trading 8% above its estimated fair value. The current Shiller PE Ratio is 40.21, which is near median its 10-year median of 40.87 and 31.1% above the Hardware industry median of 30.66. Teledyne Technologies' overall GF Score™ is 95/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Teledyne Technologies (FRA:TYZ), the current Shiller PE Ratio is 40.21 as of Sep. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Teledyne Technologies (FRA:TYZ) Overvalued in 2026?

Based on GuruFocus' analysis, Teledyne Technologies stock appears to be overvalued. The current stock price of €511.50 is trading 8% above its estimated GF Value™ of €473.59. GuruFocus considers Teledyne Technologies to be Fairly Valued.

Key valuation signals for FRA:TYZ:

  • Shiller PE Ratio: 40.21 (near median its 10-year median of 40.87)
  • GF Value™: €473.59 vs. price of €511.50 (8% above fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 31.1% above the Hardware median (#834 of 1420)

No single metric tells the full story. See the FRA:TYZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teledyne Technologies Business Description

Other Exchanges TDY:USATYZ:Germany
Address 1049 Camino Dos Rios, Thousand Oaks, CA, USA, 91360-2362
Teledyne Technologies Inc provides enabling technologies to sense, analyze and distribute information for industrial growth markets that require advanced technology and high reliability. The firm operates in four segments: Digital Imaging, Instrumentation, Aerospace and Defense Electronics, and Engineered Systems. The Digital Imaging segment, that derives maximum revenue, includes high-performance sensors, cameras and systems, within the visible, infrared and X-ray spectra for use in industrial, government and medical applications, as well as MEMS and high-performance, high-reliability semiconductors including analog-to-digital and digital-to-analog converters. Geographically, the company operates in United States, Europe, Asia, and All other.
95GF Score

Get the complete analysis for FRA:TYZ

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€511.50
Price
€473.59
GF Value