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Mersen (STU:CBE) Shiller PE Ratio : 23.05 (As of May. 11, 2024)


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What is Mersen Shiller PE Ratio?

As of today (2024-05-11), Mersen's current share price is €38.50. Mersen's E10 for the fiscal year that ended in Dec23 was €1.67. Mersen's Shiller PE Ratio for today is 23.05.

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

STU:CBE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.06   Med: 29.45   Max: 48.66
Current: 22.63

During the past 13 years, Mersen's highest Shiller PE Ratio was 48.66. The lowest was 11.06. And the median was 29.45.

STU:CBE's Shiller PE Ratio is ranked better than
56.13% of 1746 companies
in the Industrial Products industry
Industry Median: 26.005 vs STU:CBE: 22.63

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.

Mersen's adjusted earnings per share data of for the fiscal year that ended in Dec23 was €3.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.67 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mersen Shiller PE Ratio Historical Data

The historical data trend for Mersen'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.

Mersen Shiller PE Ratio Chart

Mersen 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 30.31 28.72 43.81 32.06 21.04

Mersen Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 43.81 - 32.06 - 21.04

Competitive Comparison of Mersen's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Mersen'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.


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

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

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



Mersen 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.

Mersen's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=38.50/1.67
=23.05

* 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.

Mersen's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Mersen's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=3.42/118.2300*118.2300
=3.420

Current CPI (Dec23) = 118.2300.

Mersen Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.096 99.860 0.114
201512 0.057 100.040 0.067
201612 0.077 100.650 0.090
201712 1.687 101.850 1.958
201812 2.549 103.470 2.913
201912 2.568 104.980 2.892
202012 -0.556 104.960 -0.626
202112 2.472 107.850 2.710
202212 3.080 114.160 3.190
202312 3.420 118.230 3.420

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.


Mersen  (STU:CBE) 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.


Mersen Shiller PE Ratio Related Terms

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


Mersen (STU:CBE) Business Description

Traded in Other Exchanges
Address
Tour Trinity, 1 bis place de la Defense, Courbevoie, FRA, 92400
Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, the rest of Europe, the Asia-Pacific, and internationally. The business activity of the group functions through the Advanced Materials segment and Electrical Power segment. The Advanced Materials segment brings the businesses related to carbon materials - graphite specialties for high-temperature applications, anti-corrosion equipment designed primarily for chemicals and power transmission technologies, whereas the Electrical Power segment brings the businesses related to the electrical market - namely Solutions for Power Management and electrical protection and control, primarily fuses, industrial fuse holders, and surge protection solutions.

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