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Atkore (MEX:ATKR) Shiller PE Ratio : 12.01 (As of Sep. 21, 2024)


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What is Atkore Shiller PE Ratio?

As of today (2024-09-21), Atkore's current share price is MXN1845.00. Atkore's E10 for the quarter that ended in Jun. 2024 was MXN153.57. Atkore's Shiller PE Ratio for today is 12.01.

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

MEX:ATKR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.46   Med: 17.51   Max: 23.51
Current: 11.13

During the past years, Atkore's highest Shiller PE Ratio was 23.51. The lowest was 10.46. And the median was 17.51.

MEX:ATKR's Shiller PE Ratio is ranked better than
84.95% of 1668 companies
in the Industrial Products industry
Industry Median: 23.72 vs MEX:ATKR: 11.13

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.

Atkore's adjusted earnings per share data for the three months ended in Jun. 2024 was MXN61.006. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN153.57 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atkore Shiller PE Ratio Historical Data

The historical data trend for Atkore'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.

Atkore Shiller PE Ratio Chart

Atkore Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Atkore 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 - - - 24.33 16.84

Competitive Comparison of Atkore's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Atkore'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.


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

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

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



Atkore 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.

Atkore's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1845.00/153.57
=12.01

* 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.

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

For example, Atkore'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)
=61.006/132.5538*132.5538
=61.006

Current CPI (Jun. 2024) = 132.5538.

Atkore Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.000 100.428 0.000
201412 -0.652 99.070 -0.872
201503 1.416 99.621 1.884
201506 4.707 100.684 6.197
201509 -7.315 100.392 -9.658
201512 2.407 99.792 3.197
201603 3.787 100.470 4.996
201606 6.103 101.688 7.955
201609 4.641 101.861 6.039
201612 5.360 101.863 6.975
201703 5.272 102.862 6.794
201706 7.411 103.349 9.505
201709 5.626 104.136 7.161
201712 8.052 104.011 10.262
201803 14.352 105.290 18.068
201806 13.755 106.317 17.149
201809 12.345 106.507 15.364
201812 10.603 105.998 13.259
201903 11.833 107.251 14.625
201906 14.407 108.070 17.671
201909 18.557 108.329 22.707
201912 13.391 108.420 16.372
202003 18.758 108.902 22.832
202006 11.310 108.767 13.783
202009 24.521 109.815 29.598
202012 34.811 109.897 41.988
202103 52.738 111.754 62.553
202106 72.458 114.631 83.787
202109 87.183 115.734 99.853
202112 88.620 117.630 99.864
202203 101.148 121.301 110.531
202206 115.477 125.017 122.439
202209 104.196 125.227 110.293
202212 81.883 125.222 86.677
202303 77.688 127.348 80.864
202306 87.948 128.729 90.561
202309 63.579 129.860 64.898
202312 61.277 129.419 62.761
202403 60.908 131.776 61.267
202406 61.006 132.554 61.006

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.


Atkore  (MEX:ATKR) 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.


Atkore Shiller PE Ratio Related Terms

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


Atkore Business Description

Traded in Other Exchanges
Address
16100 South Lathrop Avenue, Harvey, IL, USA, 60426
Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.