IRCE SpA (MIL:IRC) Shiller PE Ratio: 9.24 (As of Sep. 06, 2026) — 28% Below Median

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MIL:IRC IRCE SpA MIL:IRC
63 GF Score
Price €2.31
GF Value €2.09
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is IRCE SpA Shiller PE Ratio?

IRCE SpA MIL:IRC -1.28% 63 Shiller PE Ratio is 9.24 as of Sep. 06, 2026, which is 28% below its 10-year median of 12.76. GuruFocus rates MIL:IRC with a GF Score™ of 63/100 and a GF Value™ of €2.09 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,804 Industrial Products companies, IRCE SpA ranks better than 89.97% on this metric.

As of today (2026-09-06), IRCE SpA's current share price is €2.31. IRCE SpA's E10 for the quarter that ended in Mar. 2026 was €0.25. IRCE SpA's Shiller PE Ratio for today is 9.24.

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

MIL:IRC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.12   Med: 12.76   Max: 38.25
Current: 9.38

During the past years, IRCE SpA's highest Shiller PE Ratio was 38.25. The lowest was 8.12. And the median was 12.76.

MIL:IRC's Shiller PE Ratio is ranked better than
89.97% of 1804 companies
in the Industrial Products industry
Industry Median: 28.945 vs MIL:IRC: 9.38

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.

IRCE SpA's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.145. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.25 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IRCE SpA  (MIL:IRC) 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.


IRCE SpA Shiller PE Ratio Related Terms


IRCE SpA Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for IRCE SpA'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.

IRCE SpA Shiller PE Ratio Chart

IRCE SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.10 11.35 9.52 9.17 8.72

IRCE SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.38 9.39 9.97 8.72 8.16

MIL:IRC vs VRT, BE, HUBB: Shiller PE Ratio Comparison

For the Electrical Equipment & Parts subindustry, IRCE SpA'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.


IRCE SpA Shiller PE Ratio vs Industrial Products Industry

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

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


MIL:IRC
63GF Score
IRCE SpA MIL:IRC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRCE SpA 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.

IRCE SpA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.31/0.25
=9.24

* 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.

IRCE SpA's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, IRCE SpA's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.145/124.5600*124.5600
=0.145

Current CPI (Mar. 2026) = 124.5600.

IRCE SpA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.026 99.900 0.032
201609 0.007 100.100 0.009
201612 -0.059 100.300 -0.073
201703 0.095 101.000 0.117
201706 0.117 101.100 0.144
201709 0.029 101.200 0.036
201712 -0.049 101.200 -0.060
201803 0.111 101.800 0.136
201806 0.076 102.400 0.092
201809 0.059 102.600 0.072
201812 -0.024 102.300 -0.029
201903 0.057 102.800 0.069
201906 0.041 103.100 0.050
201909 -0.018 102.900 -0.022
201912 -0.007 102.800 -0.008
202003 -0.033 102.900 -0.040
202006 0.017 102.900 0.021
202009 0.041 102.300 0.050
202012 0.079 102.600 0.096
202103 0.126 103.700 0.151
202106 0.124 104.200 0.148
202109 0.084 104.900 0.100
202112 0.019 106.600 0.022
202203 0.063 110.400 0.071
202206 0.095 112.500 0.105
202209 0.030 114.200 0.033
202212 0.160 119.000 0.167
202303 0.097 118.800 0.102
202306 0.089 119.700 0.093
202309 0.061 120.300 0.063
202312 0.063 119.700 0.066
202403 0.085 120.200 0.088
202406 0.098 120.700 0.101
202409 0.086 121.200 0.088
202412 -0.008 121.200 -0.008
202503 0.074 122.500 0.075
202506 0.070 122.700 0.071
202509 0.053 123.100 0.054
202512 0.037 122.600 0.038
202603 0.145 124.560 0.145

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 9.24 mean?
IRCE SpA (MIL:IRC) has a Shiller PE Ratio of 9.24 as of Sep. 06, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on IRCE SpA and its competitors. This is 28% below median its historical median of 12.76. Over the past decade, IRCE SpA's Shiller PE Ratio has ranged from 8.12 to 38.25. According to the industry distribution chart, IRCE SpA ranks #181 out of 1804 companies in the Industrial Products industry, placing it in the top 10%.
Is IRCE SpA's Shiller PE Ratio too high?
IRCE SpA's current Shiller PE Ratio of 9.24 is 28% below median its 10-year median of 12.76. Over the past 10 years, this metric has ranged from a low of 8.12 to a high of 38.25. The Industrial Products industry median Shiller PE Ratio is 28.95. IRCE SpA's value of 9.24 is 68.1% below this industry median. Based on the distribution chart, IRCE SpA ranks #181 out of 1804 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, IRCE SpA has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IRCE SpA's Shiller PE Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, IRCE SpA ranks #181 out of 1804 companies for Shiller PE Ratio. This places IRCE SpA in the top 10% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 28.95. IRCE SpA's value of 9.24 is 68.1% below this benchmark. Historically, IRCE SpA's own Shiller PE Ratio has ranged from 8.12 to 38.25 over the past decade. While the company's 10-year median is 12.76 vs. the industry median of 28.95, IRCE SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Industrial Products company?
The median Shiller PE Ratio among Industrial Products companies is 28.95, based on 1,804 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IRCE SpA's current Shiller PE Ratio of 9.24 is 68.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on IRCE SpA and its competitors. For the Industrial Products industry, the median Shiller PE Ratio is 28.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRCE SpA's current Shiller PE Ratio is 9.24, which is 28% below median its own 10-year median of 12.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRCE SpA stock overvalued right now?
Based on GuruFocus' analysis, IRCE SpA (MIL:IRC) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.09, compared to a current price of €2.31 — trading 10.5% above its estimated fair value. The current Shiller PE Ratio is 9.24, which is 28% below median its 10-year median of 12.76 and 68.1% below the Industrial Products industry median of 28.95. IRCE SpA's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For IRCE SpA (MIL:IRC), the current Shiller PE Ratio is 9.24 as of Sep. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IRCE SpA (MIL:IRC) Overvalued in 2026?

Based on GuruFocus' analysis, IRCE SpA stock appears to be overvalued. The current stock price of €2.31 is trading 10.5% above its estimated GF Value™ of €2.09. GuruFocus considers IRCE SpA to be Modestly Overvalued.

Key valuation signals for MIL:IRC:

  • Shiller PE Ratio: 9.24 (28% below median its 10-year median of 12.76)
  • GF Value™: €2.09 vs. price of €2.31 (10.5% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 68.1% below the Industrial Products median (#181 of 1804)

No single metric tells the full story. See the MIL:IRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRCE SpA Business Description

Other Exchanges IRQ:Germany
Address Via Lasie 12/A, Imola, ITA, 40026
IRCE SpA is an Italy-based company that operates in the sector of winding conductors and electrical cables. The company products include Enamelled copper and aluminum round wire, Copper and aluminum rectangular wire, Medium Voltage Cables, and others. The company's geographical segments are Italy, the European Union, and Non-European Union. Italy contributes majority of the its revenue in terms of geographical segment.
63GF Score

Get the complete analysis for MIL:IRC

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.31
Price
€2.09
GF Value