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Coherent (STU:H7B) Shiller PE Ratio : 73.42 (As of May. 06, 2024)


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What is Coherent Shiller PE Ratio?

As of today (2024-05-06), Coherent's current share price is €53.60. Coherent's E10 for the quarter that ended in Dec. 2023 was €0.73. Coherent's Shiller PE Ratio for today is 73.42.

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

STU:H7B' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.35   Med: 33.92   Max: 88.56
Current: 71.58

During the past years, Coherent's highest Shiller PE Ratio was 88.56. The lowest was 14.35. And the median was 33.92.

STU:H7B's Shiller PE Ratio is ranked worse than
86.8% of 1379 companies
in the Hardware industry
Industry Median: 24.09 vs STU:H7B: 71.58

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.

Coherent's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.348. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coherent Shiller PE Ratio Historical Data

The historical data trend for Coherent'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.

Coherent Shiller PE Ratio Chart

Coherent Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.26 46.58 63.03 39.61 55.25

Coherent Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 31.22 35.04 55.25 38.57 55.14

Competitive Comparison of Coherent's Shiller PE Ratio

For the Scientific & Technical Instruments subindustry, Coherent'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.


Coherent's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Coherent's Shiller PE Ratio distribution charts can be found below:

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



Coherent 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.

Coherent's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=53.60/0.73
=73.42

* 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.

Coherent's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Coherent's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.348/129.4194*129.4194
=-0.348

Current CPI (Dec. 2023) = 129.4194.

Coherent Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.094 99.695 0.122
201406 0.147 100.560 0.189
201409 0.155 100.428 0.200
201412 0.284 99.070 0.371
201503 0.213 99.621 0.277
201506 0.241 100.684 0.310
201509 0.241 100.392 0.311
201512 0.275 99.792 0.357
201603 0.216 100.470 0.278
201606 0.205 101.688 0.261
201609 0.232 101.861 0.295
201612 0.351 101.863 0.446
201703 0.327 102.862 0.411
201706 0.445 103.349 0.557
201709 0.268 104.136 0.333
201712 0.127 104.011 0.158
201803 0.365 105.290 0.449
201806 0.360 106.317 0.438
201809 0.343 106.507 0.417
201812 0.387 105.998 0.473
201903 0.336 107.251 0.405
201906 0.381 108.070 0.456
201909 -0.354 108.329 -0.423
201912 -0.972 108.420 -1.160
202003 0.054 108.902 0.064
202006 0.471 108.767 0.560
202009 0.323 109.815 0.381
202012 0.600 109.897 0.707
202103 0.554 111.754 0.642
202106 0.490 114.631 0.553
202109 0.425 115.734 0.475
202112 0.389 117.630 0.428
202203 0.254 121.301 0.271
202206 0.218 125.017 0.226
202209 -0.566 125.227 -0.585
202212 -0.548 125.222 -0.566
202303 -0.224 127.348 -0.228
202306 -1.431 128.729 -1.439
202309 -0.609 129.860 -0.607
202312 -0.348 129.419 -0.348

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.


Coherent  (STU:H7B) 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.


Coherent Shiller PE Ratio Related Terms

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


Coherent (STU:H7B) Business Description

Traded in Other Exchanges
Address
375 Saxonburg Boulevard, Saxonburg, PA, USA, 16056
Coherent Corp manufactures engineered materials, optoelectronic components and products used in industrial, optical communications, military, semiconductor, consumer, and life science applications. The firm operates in two segments Photonic Solutions Segment and Compound Semiconductors Segment. The Photonic Solutions Segment leverages II-VI's compound semiconductor technology platforms to deliver components and subsystems. The Compound Semiconductors Segment is a market leader in differentiated materials and devices.

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