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Graco (GGG) Shiller PE Ratio : 36.70 (As of Jul. 26, 2024)


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What is Graco Shiller PE Ratio?

As of today (2024-07-26), Graco's current share price is $84.42. Graco's E10 for the quarter that ended in Jun. 2024 was $2.30. Graco's Shiller PE Ratio for today is 36.70.

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

GGG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.25   Med: 36.74   Max: 53.03
Current: 36.7

During the past years, Graco's highest Shiller PE Ratio was 53.03. The lowest was 23.25. And the median was 36.74.

GGG's Shiller PE Ratio is ranked worse than
67.67% of 1763 companies
in the Industrial Products industry
Industry Median: 24.4 vs GGG: 36.70

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.

Graco's adjusted earnings per share data for the three months ended in Jun. 2024 was $0.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.30 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Graco Shiller PE Ratio Historical Data

The historical data trend for Graco'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.

Graco Shiller PE Ratio Chart

Graco 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 40.35 50.57 47.60 34.18 39.77

Graco Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 41.12 33.80 39.77 41.41 34.47

Competitive Comparison of Graco's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Graco'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.


Graco's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Graco's Shiller PE Ratio distribution charts can be found below:

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



Graco 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.

Graco's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=84.42/2.3
=36.70

* 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.

Graco's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Graco's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.77/132.5538*132.5538
=0.770

Current CPI (Jun. 2024) = 132.5538.

Graco Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.323 100.428 0.426
201412 0.267 99.070 0.357
201503 0.380 99.621 0.506
201506 0.967 100.684 1.273
201509 0.287 100.392 0.379
201512 0.313 99.792 0.416
201603 0.233 100.470 0.307
201606 0.297 101.688 0.387
201609 0.317 101.861 0.413
201612 -0.623 101.863 -0.811
201703 0.350 102.862 0.451
201706 0.460 103.349 0.590
201709 0.430 104.136 0.547
201712 0.210 104.011 0.268
201803 0.490 105.290 0.617
201806 0.510 106.317 0.636
201809 0.540 106.507 0.672
201812 0.430 105.998 0.538
201903 0.510 107.251 0.630
201906 0.510 108.070 0.626
201909 0.490 108.329 0.600
201912 0.490 108.420 0.599
202003 0.420 108.902 0.511
202006 0.170 108.767 0.207
202009 0.660 109.815 0.797
202012 0.660 109.897 0.796
202103 0.610 111.754 0.724
202106 0.630 114.631 0.728
202109 0.590 115.734 0.676
202112 0.690 117.630 0.778
202203 0.580 121.301 0.634
202206 0.680 125.017 0.721
202209 0.670 125.227 0.709
202212 0.740 125.222 0.783
202303 0.750 127.348 0.781
202306 0.780 128.729 0.803
202309 0.770 129.860 0.786
202312 0.640 129.419 0.656
202403 0.710 131.776 0.714
202406 0.770 132.554 0.770

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.


Graco  (NYSE:GGG) 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.


Graco Shiller PE Ratio Related Terms

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


Graco Business Description

Traded in Other Exchanges
Address
88-11th Avenue Northeast, Minneapolis, MN, USA, 55413
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.1 billion in sales and $573 million in operating income in 2022.
Executives
Mark W Sheahan officer: VICE PRESIDENT AND TREASURER P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Angela F Wordell officer: Executive VP, Operations 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Kathryn L Schoenrock officer: Executive Vice President 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Caroline M Chambers officer: Vice President and Controller PO BOX 1441, MINNEAPOLIS MN 55440-1441
Eric Etchart director ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Van Sant R William director PO BOX 1441, MINNEAPOLIS MN 55440-1441
Timothy R White officer: President, EMEA 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Ronita Banerjee officer: EVP, Chief HR Officer 88 11TH AVENUE NE, MINNEAPOLIS MN 55105
Jeffrey P. Johnson officer: Vice President 88 - 11TH AVENUE N.E., MINNEAPOLIS MN 55413
Heather L Anfang director 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Dale D Johnson officer: VICE PRESIDENT P.O. BOX 1441, MINNEAPOLIS MN 5440-1441
Christopher D. Knutson officer: EVP, Corporate Controller 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Claudio Merengo officer: President, Worldwide Gema 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
J Kevin Gilligan director P O BOX 1441, MINNEAPOLIS MN 55440-1441
Archie C. Black director 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402