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AAON (AAON) Shiller PE Ratio : 72.16 (As of Jun. 03, 2024)


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What is AAON Shiller PE Ratio?

As of today (2024-06-03), AAON's current share price is $75.05. AAON's E10 for the quarter that ended in Mar. 2024 was $1.04. AAON's Shiller PE Ratio for today is 72.16.

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

AAON' s Shiller PE Ratio Range Over the Past 10 Years
Min: 36.62   Med: 54.44   Max: 88.1
Current: 71.88

During the past years, AAON's highest Shiller PE Ratio was 88.10. The lowest was 36.62. And the median was 54.44.

AAON's Shiller PE Ratio is ranked worse than
93.34% of 991 companies
in the Construction industry
Industry Median: 15.64 vs AAON: 71.88

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.

AAON's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AAON Shiller PE Ratio Historical Data

The historical data trend for AAON'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.

AAON Shiller PE Ratio Chart

AAON 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 62.60 73.82 75.92 61.26 74.18

AAON 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 74.85 69.77 59.54 74.18 84.38

Competitive Comparison of AAON's Shiller PE Ratio

For the Building Products & Equipment subindustry, AAON'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.


AAON's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, AAON's Shiller PE Ratio distribution charts can be found below:

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



AAON 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.

AAON's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=75.05/1.04
=72.16

* 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.

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

For example, AAON'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)
=0.46/131.7762*131.7762
=0.460

Current CPI (Mar. 2024) = 131.7762.

AAON Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.133 100.560 0.174
201409 0.147 100.428 0.193
201412 0.127 99.070 0.169
201503 0.100 99.621 0.132
201506 0.133 100.684 0.174
201509 0.160 100.392 0.210
201512 0.160 99.792 0.211
201603 0.147 100.470 0.193
201606 0.180 101.688 0.233
201609 0.193 101.861 0.250
201612 0.140 101.863 0.181
201703 0.127 102.862 0.163
201706 0.173 103.349 0.221
201709 0.187 104.136 0.237
201712 0.200 104.011 0.253
201803 0.053 105.290 0.066
201806 0.147 106.317 0.182
201809 0.180 106.507 0.223
201812 0.160 105.998 0.199
201903 0.113 107.251 0.139
201906 0.167 108.070 0.204
201909 0.173 108.329 0.210
201912 0.220 108.420 0.267
202003 0.273 108.902 0.330
202006 0.227 108.767 0.275
202009 0.253 109.815 0.304
202012 0.233 109.897 0.279
202103 0.200 111.754 0.236
202106 0.253 114.631 0.291
202109 0.193 115.734 0.220
202112 0.073 117.630 0.082
202203 0.220 121.301 0.239
202206 0.200 125.017 0.211
202209 0.340 125.227 0.358
202212 0.473 125.222 0.498
202303 0.440 127.348 0.455
202306 0.547 128.729 0.560
202309 0.580 129.860 0.589
202312 0.560 129.419 0.570
202403 0.460 131.776 0.460

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.


AAON  (NAS:AAON) 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.


AAON Shiller PE Ratio Related Terms

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


AAON (AAON) Business Description

Traded in Other Exchanges
Address
2425 South Yukon Avenue, Tulsa, OK, USA, 74107
AAON Inc is a manufacturer of air-conditioning and heating equipment. The products include rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, and self-contained units and coils. AAON's products serve the commercial and industrial new construction and replacement markets, primarily in North America.
Executives
Stephen E Wakefield officer: VP, Engineering 2425 SOUTH YUKON, TULSA OK 74107
Norman H Asbjornson director, 10 percent owner, officer: President AAON INC, 2425 SOUTH YUKON, TULSA OK 74107
Rebecca Thompson officer: Chief Accounting Officer 2425 S YUKON AVE, TULSA OK 74107
David Raymond Stewart director 4221 E. 96TH PLACE, TULSA OK 74137
Gordon Douglas Wichman officer: Vice President 4300 WILLOW BEND DR., LONGVIEW TX 75602
Robert Teis officer: VP, Sales and Marketing 6813 FOXBRIAR DR., TULSA OK 74132
Casey Kidwell officer: VP, Administration 9906 NORTH 108TH EAST PLACE, OWASSO OK 74055
Gary D Fields director 2425 SOUTH YUKON, TULSA OK 74107
Rony D Gadiwalla officer: VP, Information Technology 2425 SOUTH YUKON, TULSA OK 74107
Larry Gene Stewart officer: Vice President 2425 SOUTH YUKON AVE, TULSA OK 74107
Xerxes P Gazder officer: Chief Information Officer 109 N FORESTVIEW LANE, AURORA IL 60502
Stephen O Leclair director 3100 CUMBERLAND BLVD, SUITE 1700, ATLANTA GA 30339
Lackey Paul K Jr director 2200 SOUTH UTICA PL., 6B-GENOA, TULSA OK 74114
Bruce Ware director 3605 PATIENCE BLVD, DALLAS TX 75236
Christopher Douglas Eason officer: Chief Accounting Officer 2425 S YUKON AVE, TULSA OK 74107