GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Adtran Holdings Inc (WBO:ADTN) » Definitions » Shiller PE Ratio

Adtran Holdings (WBO:ADTN) Shiller PE Ratio : (As of May. 25, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Adtran Holdings Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Adtran Holdings Shiller PE Ratio Historical Data

The historical data trend for Adtran Holdings'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.

Adtran Holdings Shiller PE Ratio Chart

Adtran Holdings 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 13.65 28.02 80.37 93.58 -

Adtran Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 116.33 160.52 - - -

Competitive Comparison of Adtran Holdings's Shiller PE Ratio

For the Communication Equipment subindustry, Adtran Holdings'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.


Adtran Holdings's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Adtran Holdings 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.

Adtran Holdings's E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-3.79/131.7762*131.7762
=-3.790

Current CPI (Mar. 2024) = 131.7762.

Adtran Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.191 100.560 0.250
201409 0.163 100.428 0.214
201412 0.138 99.070 0.184
201503 0.055 99.621 0.073
201506 0.045 100.684 0.059
201509 0.125 100.392 0.164
201512 0.110 99.792 0.145
201603 0.090 100.470 0.118
201606 0.187 101.688 0.242
201609 0.232 101.861 0.300
201612 0.152 101.863 0.197
201703 0.131 102.862 0.168
201706 0.231 103.349 0.295
201709 0.277 104.136 0.351
201712 -0.194 104.011 -0.246
201803 -0.178 105.290 -0.223
201806 -0.137 106.317 -0.170
201809 0.137 106.507 0.170
201812 -0.158 105.998 -0.196
201903 0.018 107.251 0.022
201906 0.071 108.070 0.087
201909 -0.872 108.329 -1.061
201912 -0.234 108.420 -0.284
202003 -0.190 108.902 -0.230
202006 0.018 108.767 0.022
202009 0.093 109.815 0.112
202012 0.107 109.897 0.128
202103 0.017 111.754 0.020
202106 0.083 114.631 0.095
202109 -0.179 115.734 -0.204
202112 -0.080 117.630 -0.090
202203 -0.018 121.301 -0.020
202206 0.038 125.017 0.040
202209 -0.576 125.227 -0.606
202212 0.463 125.222 0.487
202303 -0.476 127.348 -0.493
202306 -0.462 128.729 -0.473
202309 -0.937 129.860 -0.951
202312 -1.284 129.419 -1.307
202403 -3.790 131.776 -3.790

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.


Adtran Holdings  (WBO:ADTN) 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.


Adtran Holdings Shiller PE Ratio Related Terms

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


Adtran Holdings (WBO:ADTN) Business Description

Traded in Other Exchanges
Address
901 Explorer Boulevard, Huntsville, AL, USA, 35806-2807
Adtran Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions, which includes hardware and software products, and Services & Support, which includes a portfolio of network implementation services, support services, and cloud-hosted SaaS applications that complement the product portfolio and can be utilized to support other platforms as well. These two segments span across their three revenue categories: Access & Aggregation, Subscriber Solutions, and Optical Networking Solutions.