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LKQ (LTS:0JSJ) Shiller PE Ratio : 16.71 (As of May. 17, 2024)


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What is LKQ Shiller PE Ratio?

As of today (2024-05-17), LKQ's current share price is $44.12. LKQ's E10 for the quarter that ended in Mar. 2024 was $2.64. LKQ's Shiller PE Ratio for today is 16.71.

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

LTS:0JSJ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.44   Med: 30.1   Max: 70.54
Current: 16.71

During the past years, LKQ's highest Shiller PE Ratio was 70.54. The lowest was 12.44. And the median was 30.10.

LTS:0JSJ's Shiller PE Ratio is ranked better than
53.08% of 829 companies
in the Vehicles & Parts industry
Industry Median: 17.78 vs LTS:0JSJ: 16.71

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.

LKQ's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LKQ Shiller PE Ratio Historical Data

The historical data trend for LKQ'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.

LKQ Shiller PE Ratio Chart

LKQ 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 27.15 23.89 32.18 23.34 18.52

LKQ Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 23.73 23.40 19.36 18.52 20.21

Competitive Comparison of LKQ's Shiller PE Ratio

For the Auto Parts subindustry, LKQ'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.


LKQ's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LKQ's Shiller PE Ratio distribution charts can be found below:

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



LKQ 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.

LKQ's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=44.12/2.64
=16.71

* 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.

LKQ's E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.59/131.7762*131.7762
=0.590

Current CPI (Mar. 2024) = 131.7762.

LKQ Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.340 100.560 0.446
201409 0.300 100.428 0.394
201412 0.260 99.070 0.346
201503 0.350 99.621 0.463
201506 0.390 100.684 0.510
201509 0.330 100.392 0.433
201512 0.310 99.792 0.409
201603 0.360 100.470 0.472
201606 0.460 101.688 0.596
201609 0.400 101.861 0.517
201612 0.280 101.863 0.362
201703 0.440 102.862 0.564
201706 0.490 103.349 0.625
201709 0.390 104.136 0.494
201712 0.390 104.011 0.494
201803 0.490 105.290 0.613
201806 0.500 106.317 0.620
201809 0.420 106.507 0.520
201812 0.120 105.998 0.149
201903 0.310 107.251 0.381
201906 0.480 108.070 0.585
201909 0.490 108.329 0.596
201912 0.460 108.420 0.559
202003 0.480 108.902 0.581
202006 0.390 108.767 0.473
202009 0.640 109.815 0.768
202012 0.600 109.897 0.719
202103 0.880 111.754 1.038
202106 1.010 114.631 1.161
202109 0.960 115.734 1.093
202112 0.810 117.630 0.907
202203 0.950 121.301 1.032
202206 1.490 125.017 1.571
202209 0.950 125.227 1.000
202212 0.720 125.222 0.758
202303 1.010 127.348 1.045
202306 1.050 128.729 1.075
202309 0.780 129.860 0.792
202312 0.660 129.419 0.672
202403 0.590 131.776 0.590

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.


LKQ  (LTS:0JSJ) 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.


LKQ Shiller PE Ratio Related Terms

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


LKQ (LTS:0JSJ) Business Description

Traded in Other Exchanges
Address
500 West Madison Street, Suite 2800, Chicago, IL, USA, 60661
LKQ is a Global distributor of non-OEM automotive parts. Initially formed in 1998 as a consolidator of auto salvage operations in the United States, it has since greatly expanded its scope to include distribution of new mechanical and collision parts, specialty auto equipment, and remanufactured and recycled parts in both Europe and North America. It still maintains its auto salvage business and owns over 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ purchases over 300,000 salvage automobiles annually that are used to extract parts for resale. Globally, the company maintains approximately 1,700 facilities.

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