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NetApp (LTS:0K6F) Shiller PE Ratio : 24.00 (As of Mar. 23, 2025)


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What is NetApp Shiller PE Ratio?

As of today (2025-03-23), NetApp's current share price is $91.93. NetApp's E10 for the quarter that ended in Jan. 2025 was $3.83. NetApp's Shiller PE Ratio for today is 24.00.

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

LTS:0K6F' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.07   Med: 29.06   Max: 61.26
Current: 24.28

During the past years, NetApp's highest Shiller PE Ratio was 61.26. The lowest was 17.07. And the median was 29.06.

LTS:0K6F's Shiller PE Ratio is ranked better than
52.92% of 1181 companies
in the Hardware industry
Industry Median: 26.51 vs LTS:0K6F: 24.28

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.

NetApp's adjusted earnings per share data for the three months ended in Jan. 2025 was $1.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.83 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


NetApp Shiller PE Ratio Historical Data

The historical data trend for NetApp'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.

NetApp Shiller PE Ratio Chart

NetApp Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.48 33.32 27.65 19.72 29.04

NetApp Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 25.62 29.04 35.15 31.15 32.19

Competitive Comparison of NetApp's Shiller PE Ratio

For the Computer Hardware subindustry, NetApp'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.


NetApp's Shiller PE Ratio Distribution in the Hardware Industry

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

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



NetApp 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.

NetApp's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=91.93/3.83
=24.00

* 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.

NetApp's E10 for the quarter that ended in Jan. 2025 is calculated as:

For example, NetApp's adjusted earnings per share data for the three months ended in Jan. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=1.44/134.0288*134.0288
=1.440

Current CPI (Jan. 2025) = 134.0288.

NetApp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201504 0.430 99.824 0.577
201507 -0.100 100.691 -0.133
201510 0.390 100.346 0.521
201601 0.520 99.957 0.697
201604 -0.030 100.947 -0.040
201607 0.230 101.524 0.304
201610 0.380 101.988 0.499
201701 0.520 102.456 0.680
201704 0.680 103.167 0.883
201707 0.470 103.278 0.610
201710 0.630 104.070 0.811
201801 -1.790 104.578 -2.294
201804 0.990 105.708 1.255
201807 1.050 106.324 1.324
201810 0.910 106.695 1.143
201901 0.980 106.200 1.237
201904 1.590 107.818 1.977
201907 0.420 108.250 0.520
201910 1.030 108.577 1.271
202001 1.210 108.841 1.490
202004 0.880 108.173 1.090
202007 0.350 109.318 0.429
202010 0.610 109.861 0.744
202101 0.800 110.364 0.972
202104 1.460 112.673 1.737
202107 0.880 115.183 1.024
202110 0.980 116.696 1.126
202201 1.100 118.619 1.243
202204 1.140 121.978 1.253
202207 0.960 125.002 1.029
202210 3.410 125.734 3.635
202301 0.300 126.223 0.319
202304 1.130 127.992 1.183
202307 0.690 128.974 0.717
202310 1.100 129.810 1.136
202401 1.480 130.124 1.524
202404 1.370 132.289 1.388
202407 1.170 132.708 1.182
202410 1.420 133.182 1.429
202501 1.440 134.029 1.440

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.


NetApp  (LTS:0K6F) 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.


NetApp Shiller PE Ratio Related Terms

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


NetApp Business Description

Address
3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

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