Terex (TEX) Shiller PE Ratio: 22.58 (As of Sep. 05, 2026) — 12% Below Median

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TEX Terex Corp TEX
90 GF Score
Price $63.23
GF Value $53.79
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Terex Shiller PE Ratio?

Terex TEX +0.75% 90 Shiller PE Ratio is 22.58 as of Sep. 05, 2026, which is 12% below its 10-year median of 25.58. GuruFocus rates TEX with a GF Score™ of 90/100 and a GF Value™ of $53.79 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 137 Farm & Heavy Construction Machinery companies, Terex ranks worse than 58.39% on this metric.

As of today (2026-09-05), Terex's current share price is $63.23. Terex's E10 for the quarter that ended in Jun. 2026 was $2.80. Terex's Shiller PE Ratio for today is 22.58.

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

TEX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.38   Med: 25.58   Max: 103.61
Current: 22.58

During the past years, Terex's highest Shiller PE Ratio was 103.61. The lowest was 9.38. And the median was 25.58.

TEX's Shiller PE Ratio is ranked worse than
58.39% of 137 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 20.5 vs TEX: 22.58

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.

Terex's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.80 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Terex  (NYSE:TEX) 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.


Terex Shiller PE Ratio Related Terms


Terex Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Terex'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.

Terex Shiller PE Ratio Chart

Terex Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.12 24.73 25.06 18.58 19.73

Terex Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 18.12 19.45 19.73 21.45 25.85

TEX vs FSS, AGCO, OSK: Shiller PE Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Terex'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.


Terex Shiller PE Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Terex's Shiller PE Ratio distribution charts can be found below:

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


TEX
90GF Score
Terex Corp TEX
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Terex 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.

Terex's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=63.23/2.80
=22.58

* 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.

Terex's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Terex's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.96/333.9520*333.9520
=0.960

Current CPI (Jun. 2026) = 333.9520.

Terex Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.890 241.428 1.231
201612 -2.520 241.432 -3.486
201703 -0.040 243.801 -0.055
201706 1.040 244.955 1.418
201709 0.660 246.819 0.893
201712 -0.320 246.524 -0.433
201803 0.620 249.554 0.830
201806 0.750 251.989 0.994
201809 0.510 252.439 0.675
201812 -0.450 251.233 -0.598
201903 -0.940 254.202 -1.235
201906 1.050 256.143 1.369
201909 0.300 256.759 0.390
201912 0.340 256.974 0.442
202003 -0.350 258.115 -0.453
202006 -0.130 257.797 -0.168
202009 0.080 260.280 0.103
202012 0.250 260.474 0.321
202103 0.570 264.877 0.719
202106 1.040 271.696 1.278
202109 0.680 274.310 0.828
202112 0.830 278.802 0.994
202203 0.730 287.504 0.848
202206 1.070 296.311 1.206
202209 1.200 296.808 1.350
202212 1.340 296.797 1.508
202303 1.640 301.836 1.814
202306 2.340 305.109 2.561
202309 1.750 307.789 1.899
202312 1.860 306.746 2.025
202403 1.600 312.332 1.711
202406 2.080 314.175 2.211
202409 1.310 315.301 1.387
202412 -0.030 315.605 -0.032
202503 0.310 319.799 0.324
202506 1.090 322.561 1.128
202509 0.980 324.800 1.008
202512 0.950 324.054 0.979
202603 -0.930 330.213 -0.941
202606 0.960 333.952 0.960

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 22.58 mean?
Terex (TEX) has a Shiller PE Ratio of 22.58 as of Sep. 05, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Terex and its competitors. This is 12% below median its historical median of 25.58. Over the past decade, Terex's Shiller PE Ratio has ranged from 9.38 to 103.61. According to the industry distribution chart, Terex ranks #80 out of 137 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 58.4%.
Is Terex's Shiller PE Ratio too high?
Terex's current Shiller PE Ratio of 22.58 is 12% below median its 10-year median of 25.58. Over the past 10 years, this metric has ranged from a low of 9.38 to a high of 103.61. The Farm & Heavy Construction Machinery industry median Shiller PE Ratio is 20.50. Terex's value of 22.58 is 10.1% above this industry median. Based on the distribution chart, Terex ranks #80 out of 137 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Terex has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Terex's Shiller PE Ratio compare to FSS and AGCO?
According to the Farm & Heavy Construction Machinery industry distribution chart, Terex ranks #80 out of 137 companies for Shiller PE Ratio. This places Terex in the lower half of its industry. The industry median Shiller PE Ratio is 20.50. Terex's value of 22.58 is 10.1% above this benchmark. Historically, Terex's own Shiller PE Ratio has ranged from 9.38 to 103.61 over the past decade. While the company's 10-year median is 25.58 vs. the industry median of 20.50, Terex has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Farm & Heavy Construction Machinery company?
The median Shiller PE Ratio among Farm & Heavy Construction Machinery companies is 20.50, based on 137 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Terex's current Shiller PE Ratio of 22.58 is 10.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Terex and its competitors. For the Farm & Heavy Construction Machinery industry, the median Shiller PE Ratio is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terex's current Shiller PE Ratio is 22.58, which is 12% below median its own 10-year median of 25.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terex stock overvalued right now?
Based on GuruFocus' analysis, Terex (TEX) is currently considered Modestly Overvalued. The stock's GF Value™ is $53.79, compared to a current price of $63.23 — trading 17.5% above its estimated fair value. The current Shiller PE Ratio is 22.58, which is 12% below median its 10-year median of 25.58 and 10.1% above the Farm & Heavy Construction Machinery industry median of 20.50. Terex's overall GF Score™ is 90/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Terex (TEX), the current Shiller PE Ratio is 22.58 as of Sep. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Terex (TEX) Overvalued in 2026?

Based on GuruFocus' analysis, Terex stock appears to be overvalued. The current stock price of $63.23 is trading 17.5% above its estimated GF Value™ of $53.79. GuruFocus considers Terex to be Modestly Overvalued.

Key valuation signals for TEX:

  • Shiller PE Ratio: 22.58 (12% below median its 10-year median of 25.58)
  • GF Value™: $53.79 vs. price of $63.23 (17.5% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 10.1% above the Farm & Heavy Construction Machinery median (#80 of 137)

No single metric tells the full story. See the TEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Terex Business Description

Other Exchanges TXG:Germany
Address 301 Merritt 7, 4th Floor, Norwalk, CT, USA, 06851
Terex is a global manufacturer of aerial work platforms, materials processing equipment, and specialty equipment for the waste, recycling, and utility industries. Its current composition is a result of numerous acquisitions over several decades to focus on a smaller group of light construction and other vocational equipment, having divested a handful of underperforming businesses, particularly in cranes and other lifting equipment. These remaining segments see heavy demand in nonresidential construction (aerial work platforms—40% sales), aggregates/mining (materials processing—30% sales), environmental, waste/recycling and utilities (environmental solutions group—30% sales).
90GF Score

Get the complete analysis for TEX

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$63.23
Price
$53.79
GF Value