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Mettler-Toledo International (LTS:0K10) Shiller PE Ratio : 53.25 (As of Jun. 07, 2024)


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What is Mettler-Toledo International Shiller PE Ratio?

As of today (2024-06-07), Mettler-Toledo International's current share price is $1451.127. Mettler-Toledo International's E10 for the quarter that ended in Mar. 2024 was $27.25. Mettler-Toledo International's Shiller PE Ratio for today is 53.25.

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

LTS:0K10' s Shiller PE Ratio Range Over the Past 10 Years
Min: 34.64   Med: 52.58   Max: 91.77
Current: 53.55

During the past years, Mettler-Toledo International's highest Shiller PE Ratio was 91.77. The lowest was 34.64. And the median was 52.58.

LTS:0K10's Shiller PE Ratio is ranked worse than
81.25% of 80 companies
in the Medical Diagnostics & Research industry
Industry Median: 29.24 vs LTS:0K10: 53.55

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.

Mettler-Toledo International's adjusted earnings per share data for the three months ended in Mar. 2024 was $8.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $27.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mettler-Toledo International Shiller PE Ratio Historical Data

The historical data trend for Mettler-Toledo International'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.

Mettler-Toledo International Shiller PE Ratio Chart

Mettler-Toledo International 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 57.61 72.81 88.91 62.82 46.52

Mettler-Toledo International 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 63.69 52.54 42.97 46.52 49.10

Competitive Comparison of Mettler-Toledo International's Shiller PE Ratio

For the Diagnostics & Research subindustry, Mettler-Toledo International'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.


Mettler-Toledo International's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Mettler-Toledo International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mettler-Toledo International's Shiller PE Ratio falls into.



Mettler-Toledo International 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.

Mettler-Toledo International's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1451.127/27.25
=53.25

* 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.

Mettler-Toledo International's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Mettler-Toledo International'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)
=8.24/131.7762*131.7762
=8.240

Current CPI (Mar. 2024) = 131.7762.

Mettler-Toledo International Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.490 100.560 3.263
201409 2.890 100.428 3.792
201412 4.170 99.070 5.547
201503 2.190 99.621 2.897
201506 2.730 100.684 3.573
201509 3.160 100.392 4.148
201512 4.410 99.792 5.823
201603 2.400 100.470 3.148
201606 2.930 101.688 3.797
201609 3.770 101.861 4.877
201612 5.170 101.863 6.688
201703 3.480 102.862 4.458
201706 3.840 103.349 4.896
201709 3.990 104.136 5.049
201712 2.930 104.011 3.712
201803 3.580 105.290 4.481
201806 4.310 106.317 5.342
201809 4.930 106.507 6.100
201812 7.110 105.998 8.839
201903 4.420 107.251 5.431
201906 5.060 108.070 6.170
201909 5.200 108.329 6.325
201912 7.840 108.420 9.529
202003 4.030 108.902 4.876
202006 5.220 108.767 6.324
202009 6.680 109.815 8.016
202012 9.030 109.897 10.828
202103 6.320 111.754 7.452
202106 7.850 114.631 9.024
202109 8.710 115.734 9.917
202112 9.940 117.630 11.135
202203 7.550 121.301 8.202
202206 9.290 125.017 9.792
202209 9.760 125.227 10.270
202212 11.860 125.222 12.481
202303 8.470 127.348 8.765
202306 9.690 128.729 9.919
202309 9.210 129.860 9.346
202312 8.520 129.419 8.675
202403 8.240 131.776 8.240

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.


Mettler-Toledo International  (LTS:0K10) 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.


Mettler-Toledo International Shiller PE Ratio Related Terms

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Mettler-Toledo International (LTS:0K10) Business Description

Traded in Other Exchanges
Address
1900 Polaris Parkway, Columbus, OH, USA, 43240
Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences, industrial, and food retail industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with sales distribution roughly as follows: United States around 30% of sales, Europe around 30%, China around 20%, and the rest of the world around 20%.

Mettler-Toledo International (LTS:0K10) Headlines

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