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MasTec (MasTec) Shiller PE Ratio : 39.21 (As of May. 20, 2024)


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What is MasTec Shiller PE Ratio?

As of today (2024-05-20), MasTec's current share price is $108.615. MasTec's E10 for the quarter that ended in Mar. 2024 was $2.77. MasTec's Shiller PE Ratio for today is 39.21.

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

MTZ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.73   Med: 32.04   Max: 164.5
Current: 39.21

During the past years, MasTec's highest Shiller PE Ratio was 164.50. The lowest was 12.73. And the median was 32.04.

MTZ's Shiller PE Ratio is ranked worse than
82.96% of 992 companies
in the Construction industry
Industry Median: 15.825 vs MTZ: 39.21

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.

MasTec's adjusted earnings per share data for the three months ended in Mar. 2024 was $-0.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MasTec Shiller PE Ratio Historical Data

The historical data trend for MasTec'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.

MasTec Shiller PE Ratio Chart

MasTec 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 30.61 27.96 31.68 28.72 27.18

MasTec 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 32.70 40.88 25.18 27.18 33.72

Competitive Comparison of MasTec's Shiller PE Ratio

For the Engineering & Construction subindustry, MasTec'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.


MasTec's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, MasTec's Shiller PE Ratio distribution charts can be found below:

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



MasTec 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.

MasTec's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=108.615/2.77
=39.21

* 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.

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

For example, MasTec'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)
=-0.53/131.7762*131.7762
=-0.530

Current CPI (Mar. 2024) = 131.7762.

MasTec Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.390 100.560 0.511
201409 0.570 100.428 0.748
201412 0.260 99.070 0.346
201503 -0.080 99.621 -0.106
201506 -0.050 100.684 -0.065
201509 0.090 100.392 0.118
201512 -0.960 99.792 -1.268
201603 -0.030 100.470 -0.039
201606 0.300 101.688 0.389
201609 0.690 101.861 0.893
201612 0.660 101.863 0.854
201703 0.500 102.862 0.641
201706 0.990 103.349 1.262
201709 0.770 104.136 0.974
201712 1.950 104.011 2.471
201803 0.320 105.290 0.400
201806 1.010 106.317 1.252
201809 1.520 106.507 1.881
201812 0.410 105.998 0.510
201903 0.570 107.251 0.700
201906 1.580 108.070 1.927
201909 1.690 108.329 2.056
201912 1.330 108.420 1.617
202003 0.480 108.902 0.581
202006 0.780 108.767 0.945
202009 1.590 109.815 1.908
202012 1.540 109.897 1.847
202103 0.890 111.754 1.049
202106 1.020 114.631 1.173
202109 1.500 115.734 1.708
202112 1.040 117.630 1.165
202203 -0.470 121.301 -0.511
202206 0.200 125.017 0.211
202209 0.650 125.227 0.684
202212 0.040 125.222 0.042
202303 -1.050 127.348 -1.087
202306 0.200 128.729 0.205
202309 0.180 129.860 0.183
202312 0.010 129.419 0.010
202403 -0.530 131.776 -0.530

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.


MasTec  (NYSE:MTZ) 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.


MasTec Shiller PE Ratio Related Terms

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


MasTec (MasTec) Business Description

Traded in Other Exchanges
Address
800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134
MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: 1) communications; 2) clean energy and infrastructure; 3) oil and gas; 4) power delivery, and 5) other.
Executives
Paul Dimarco officer: CFO 800 S. DOUGLAS ROAD, SUITE 1200, CORAL GABLES FL 33134
Timothy Michael Love officer: CAO 8915 GEORGE WILLIAMS RD., KNOXVILLE TN 37923
Ava L Parker director 1469 HARRINGTON PARK DRIVE, JACKSONVILLE FL 32225
Ernst N Csiszar director 2600 S RIVER ROAD, DES PLAINES IL 60018
Robert E Apple officer: Chief Operations Officer 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
C Robert Campbell officer: EVP & CFO 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
De Cardenas Alberto I officer: Executive Vice President 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134
George Pita officer: CFO 3000 NW 107TH AVENUE, MIAMI FL 33172
Robert J Dwyer director 880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480
Jose S Sorzano director AUSTIN GROUP INC, 5305 LEE HIGHWAY NORTH, ARLINGTON VA 22207
Julia L Johnson director NETCOMMUNICATIONS LLC, 614 GRAND HIGHWAY, CLAREMONT FL 34711
Javier Alberto Palomarez director 3405 PINNEY POINT DRIVE, FLOWER MOUND TX 75022
Jorge Mas director, 10 percent owner 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Jose Ramon Mas director, officer: EVP 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Daniel A Restrepo director C/O MASTEC, INC., 800 S. DOUGLAS RD., 12TH FLOOR, CORAL GABLES FL 33134