GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Acuity Brands Inc (STU:AQ8) » Definitions » Shiller PE Ratio

Acuity Brands (STU:AQ8) Shiller PE Ratio : 27.65 (As of May. 25, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Acuity Brands Shiller PE Ratio?

As of today (2024-05-25), Acuity Brands's current share price is €240.00. Acuity Brands's E10 for the quarter that ended in Feb. 2024 was €8.68. Acuity Brands's Shiller PE Ratio for today is 27.65.

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

STU:AQ8' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.48   Med: 29.44   Max: 77.53
Current: 27.73

During the past years, Acuity Brands's highest Shiller PE Ratio was 77.53. The lowest was 13.48. And the median was 29.44.

STU:AQ8's Shiller PE Ratio is ranked worse than
54.5% of 1756 companies
in the Industrial Products industry
Industry Median: 25.62 vs STU:AQ8: 27.73

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.

Acuity Brands's adjusted earnings per share data for the three months ended in Feb. 2024 was €2.633. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €8.68 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acuity Brands Shiller PE Ratio Historical Data

The historical data trend for Acuity Brands'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.

Acuity Brands Shiller PE Ratio Chart

Acuity Brands Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.58 18.83 27.65 20.46 17.90

Acuity Brands 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 22.89 17.12 17.90 19.49 26.50

Competitive Comparison of Acuity Brands's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Acuity Brands'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.


Acuity Brands's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Acuity Brands 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.

Acuity Brands's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=240.00/8.68
=27.65

* 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.

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

For example, Acuity Brands'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)
=2.633/130.9299*130.9299
=2.633

Current CPI (Feb. 2024) = 130.9299.

Acuity Brands Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.735 100.373 0.959
201408 0.946 100.352 1.234
201411 0.938 99.635 1.233
201502 0.943 99.032 1.247
201505 1.325 100.333 1.729
201508 1.239 100.548 1.613
201511 1.463 100.135 1.913
201602 1.344 100.040 1.759
201605 1.494 101.355 1.930
201608 1.686 101.617 2.172
201611 1.724 101.829 2.217
201702 1.437 102.779 1.831
201705 1.719 103.256 2.180
201708 1.821 103.587 2.302
201711 1.448 104.072 1.822
201802 1.887 105.052 2.352
201805 1.523 106.148 1.879
201808 2.338 106.383 2.877
201811 1.742 106.338 2.145
201902 1.471 106.649 1.806
201905 1.985 108.048 2.405
201908 2.176 108.245 2.632
201911 1.303 108.519 1.572
202002 1.320 109.139 1.584
202005 1.394 108.175 1.687
202008 1.580 109.662 1.886
202011 1.328 109.793 1.584
202102 1.439 110.968 1.698
202105 1.951 113.576 2.249
202108 2.312 115.421 2.623
202111 2.155 117.269 2.406
202202 1.877 119.703 2.053
202205 2.904 123.323 3.083
202208 3.435 124.958 3.599
202211 2.246 125.607 2.341
202302 2.400 126.928 2.476
202305 3.018 128.314 3.080
202308 2.412 129.538 2.438
202311 2.966 129.548 2.998
202402 2.633 130.930 2.633

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.


Acuity Brands  (STU:AQ8) 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.


Acuity Brands Shiller PE Ratio Related Terms

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


Acuity Brands (STU:AQ8) Business Description

Traded in Other Exchanges
Address
1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, USA, 30309
Acuity Brands Inc is the parent company of Acuity Brands Lighting and other subsidiaries, which provide lighting products for commercial, institutional, industrial, and residential applications. These products include luminaires, lighting controls, lighting components, and integrated lighting systems that use a combination of light sources. Customers include electrical distributors, electric utilities, retail home improvement centers, and lighting showrooms. A majority of the firms' revenue is generated in the United States.

Acuity Brands (STU:AQ8) Headlines

No Headlines