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Halma (HALMY) Shiller PE Ratio : 46.62 (As of Jun. 17, 2024)


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What is Halma Shiller PE Ratio?

As of today (2024-06-17), Halma's current share price is $66.67. Halma's E10 for the fiscal year that ended in Mar24 was $1.43. Halma's Shiller PE Ratio for today is 46.62.

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

HALMY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.58   Med: 47.74   Max: 86.49
Current: 46.95

During the past 13 years, Halma's highest Shiller PE Ratio was 86.49. The lowest was 29.58. And the median was 47.74.

HALMY's Shiller PE Ratio is ranked worse than
84.93% of 345 companies
in the Conglomerates industry
Industry Median: 16.04 vs HALMY: 46.95

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.

Halma's adjusted earnings per share data of for the fiscal year that ended in Mar24 was $1.803. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.43 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Halma Shiller PE Ratio Historical Data

The historical data trend for Halma'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.

Halma Shiller PE Ratio Chart

Halma Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.40 63.34 57.79 44.36 42.64

Halma Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 57.79 - 44.36 - 42.64

Competitive Comparison of Halma's Shiller PE Ratio

For the Conglomerates subindustry, Halma'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.


Halma's Shiller PE Ratio Distribution in the Conglomerates Industry

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

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



Halma 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.

Halma's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=66.67/1.43
=46.62

* 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.

Halma's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Halma's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=1.803/131.6000*131.6000
=1.803

Current CPI (Mar24) = 131.6000.

Halma Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.822 99.600 1.086
201603 0.819 100.400 1.074
201703 0.846 102.700 1.084
201803 1.137 105.100 1.424
201903 1.180 107.000 1.451
202003 1.204 108.600 1.459
202103 1.484 109.700 1.780
202203 1.697 116.500 1.917
202303 1.501 126.800 1.558
202403 1.803 131.600 1.803

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.


Halma  (OTCPK:HALMY) 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.


Halma Shiller PE Ratio Related Terms

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


Halma (HALMY) Business Description

Traded in Other Exchanges
Address
Rectory Way, Misbourne Court, Amersham, Buckinghamshire, GBR, HP7 0DE
Halma consists of 45 operating businesses managed in a decentralized manner. The company, through its products, focuses on trying to make the world safer, cleaner and healthier. The group operates across three segments: safety, environmental and analysis, and medical equipment. Halma's products include smoke detectors, healthcare equipment, door sensors, and water treatment. Most of the group's products are niche with limited competition. Over 75% of sales are generated in the United States, Europe and United Kingdom. Halma is listed on the London Stock Exchange.

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