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Neogen (Neogen) Shiller PE Ratio

: 25.68 (As of Today)
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As of today (2024-04-24), Neogen's current share price is $12.07. Neogen's E10 for the quarter that ended in Feb. 2024 was $0.47. Neogen's Shiller PE Ratio for today is 25.68.

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

NEOG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.21   Med: 84.73   Max: 137.86
Current: 25.68

During the past years, Neogen's highest Shiller PE Ratio was 137.86. The lowest was 21.21. And the median was 84.73.

NEOG's Shiller PE Ratio is ranked better than
50% of 78 companies
in the Medical Diagnostics & Research industry
Industry Median: 27.43 vs NEOG: 25.68

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.

Neogen's adjusted earnings per share data for the three months ended in Feb. 2024 was $-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.47 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Neogen Shiller PE Ratio Historical Data

The historical data trend for Neogen'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.

Neogen Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.90 85.74 99.39 50.83 35.19

Neogen Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 35.49 35.19 46.96 35.21 36.45

Competitive Comparison

For the Diagnostics & Research subindustry, Neogen'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.


Neogen Shiller PE Ratio Distribution

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

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



Neogen 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.

Neogen's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=12.07/0.47
=25.68

* 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.

Neogen's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, Neogen's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.01/129.4194*129.4194
=-0.010

Current CPI (Feb. 2024) = 129.4194.

Neogen Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.075 100.373 0.097
201408 0.090 100.352 0.116
201411 0.079 99.635 0.103
201502 0.075 99.032 0.098
201505 0.094 100.333 0.121
201508 0.094 100.548 0.121
201511 0.090 100.135 0.116
201602 0.083 100.040 0.107
201605 0.098 101.355 0.125
201608 0.098 101.617 0.125
201611 0.110 101.829 0.140
201702 0.100 102.779 0.126
201705 0.120 103.256 0.150
201708 0.115 103.587 0.144
201711 0.165 104.072 0.205
201802 0.160 105.052 0.197
201805 0.165 106.148 0.201
201808 0.145 106.383 0.176
201811 0.155 106.338 0.189
201902 0.125 106.649 0.152
201905 0.150 108.048 0.180
201908 0.140 108.245 0.167
201911 0.155 108.519 0.185
202002 0.115 109.139 0.136
202005 0.154 108.175 0.184
202008 0.150 109.662 0.177
202011 0.150 109.793 0.177
202102 0.120 110.968 0.140
202105 0.147 113.576 0.168
202108 0.160 115.421 0.179
202111 0.100 117.269 0.110
202202 0.050 119.703 0.054
202205 0.139 123.323 0.146
202208 0.050 124.958 0.052
202211 -0.190 125.607 -0.196
202302 0.040 126.928 0.041
202305 0.026 128.314 0.026
202308 0.010 129.538 0.010
202311 -0.020 129.548 -0.020
202402 -0.010 129.419 -0.010

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.


Neogen  (NAS:NEOG) 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.


Neogen Shiller PE Ratio Related Terms

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


Neogen (Neogen) Business Description

Traded in Other Exchanges
Address
620 Lesher Place, Lansing, MI, USA, 48912
Neogen Corporation, headquartered in Lansing, Michigan, develops, manufactures, and markets various products for food and animal safety. In food safety (70% of post-merger sales), Neogen performs diagnostics to detect unintended substances in food and animal feed, such as pathogens, allergens, and drug residues, for food and feed processing companies. In animal safety (20% of post-merger sales), Neogen sells veterinary instruments, pharmaceuticals, disinfectants, and genomics tests for animals, including cattle, horses, and canines. Sales in the United States account for 60% of total revenue, while international markets, including Canada, Europe, Asia, and Latin America, account for the remaining 40%.
Executives
William T Boehm director
Douglas Edward Jones officer: Vice President, CCO 620 LESHER PLACE, LANSING MI 48912
Jason Warren Lilly officer: Vice President 620 LESHER PLACE, LANSING MI 48912
James P Tobin director 620 LESHER PLACE, LANSING MI 48895
David H. Naemura officer: VP & CFO C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Amy M Rocklin officer: Chief Legal & Reg. Officer 620 LESHER PLACE, LANSING MI 48912
Steven J. Quinlan officer: VP & CFO 620 LESHER PLACE, LANSING MI 48912
Jeffrey D Capello director C/O NEOGEN CORP., 620 LESHER PLACE, LANSING MI 48912
Aashima Gupta director C/O NEOGEN CORPORATION, 620 LESHER PLACE, LANSING MI 48912
John Edward Adent officer: Chief Executive Officer 822 7TH STREET, SUITE 740, GREELEY CO 80631
Darci L Vetter director 620 LESHER PLACE, LANSING MI 48912
Ronald D Green director 620 LESHER PLACE, LANSING MI 48912
James C Borel director 1007 MARKET STREET, WILMINGTON DE 19898
Terri A Morrical officer: General Manager
G Bruce Papesh director 726 APPLEGATE LANE, EAST LANSING MI 48823