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Keysight Technologies (BSP:K1SG34) Shiller PE Ratio : 39.02 (As of May. 31, 2024)


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What is Keysight Technologies Shiller PE Ratio?

As of today (2024-05-31), Keysight Technologies's current share price is R$378.48. Keysight Technologies's E10 for the quarter that ended in Apr. 2024 was R$9.70. Keysight Technologies's Shiller PE Ratio for today is 39.02.

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

BSP:K1SG34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 32.78   Med: 45.05   Max: 54.49
Current: 36.78

During the past years, Keysight Technologies's highest Shiller PE Ratio was 54.49. The lowest was 32.78. And the median was 45.05.

BSP:K1SG34's Shiller PE Ratio is ranked worse than
67.9% of 1383 companies
in the Hardware industry
Industry Median: 24.28 vs BSP:K1SG34: 36.78

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.

Keysight Technologies's adjusted earnings per share data for the three months ended in Apr. 2024 was R$1.847. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$9.70 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keysight Technologies Shiller PE Ratio Historical Data

The historical data trend for Keysight Technologies'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.

Keysight Technologies Shiller PE Ratio Chart

Keysight Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 51.83 32.94

Keysight Technologies Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 40.82 44.19 32.94 40.82 39.07

Competitive Comparison of Keysight Technologies's Shiller PE Ratio

For the Scientific & Technical Instruments subindustry, Keysight Technologies'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.


Keysight Technologies's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Keysight Technologies 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.

Keysight Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=378.48/9.7
=39.02

* 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.

Keysight Technologies's E10 for the quarter that ended in Apr. 2024 is calculated as:

For example, Keysight Technologies's adjusted earnings per share data for the three months ended in Apr. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=1.847/131.7762*131.7762
=1.847

Current CPI (Apr. 2024) = 131.7762.

Keysight Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 0.713 100.520 0.935
201410 0.741 100.176 0.975
201501 0.540 98.604 0.722
201504 0.852 99.824 1.125
201507 0.662 100.691 0.866
201510 3.120 100.346 4.097
201601 0.750 99.957 0.989
201604 0.909 100.947 1.187
201607 0.869 101.524 1.128
201610 0.860 101.988 1.111
201701 1.005 102.456 1.293
201704 0.424 103.167 0.542
201707 -0.160 103.278 -0.204
201710 -0.319 104.070 -0.404
201801 0.803 104.578 1.012
201804 0.580 105.708 0.723
201807 1.204 106.324 1.492
201810 -1.147 106.695 -1.417
201901 1.121 106.200 1.391
201904 1.559 107.818 1.905
201907 1.568 108.250 1.909
201910 2.082 108.577 2.527
202001 1.785 108.841 2.161
202004 0.984 108.173 1.199
202007 2.452 109.318 2.956
202010 3.235 109.861 3.880
202101 2.469 110.364 2.948
202104 2.756 112.673 3.223
202107 3.510 115.183 4.016
202110 4.212 116.696 4.756
202201 3.429 118.619 3.809
202204 3.352 121.978 3.621
202207 5.019 125.002 5.291
202210 4.359 125.734 4.568
202301 3.764 126.223 3.930
202304 3.967 127.992 4.084
202307 3.864 128.974 3.948
202310 3.236 129.810 3.285
202401 2.410 130.124 2.441
202404 1.847 131.776 1.847

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.


Keysight Technologies  (BSP:K1SG34) 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.


Keysight Technologies Shiller PE Ratio Related Terms

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


Keysight Technologies (BSP:K1SG34) Business Description

Traded in Other Exchanges
Address
1400 Fountaingrove Parkway, Santa Rosa, CA, USA, 95403-1738
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.

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