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Methode Electronics (FRA:ME5A) Shiller PE Ratio : 4.37 (As of May. 24, 2024)


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What is Methode Electronics Shiller PE Ratio?

As of today (2024-05-24), Methode Electronics's current share price is €11.10. Methode Electronics's E10 for the quarter that ended in Jan. 2024 was €2.54. Methode Electronics's Shiller PE Ratio for today is 4.37.

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

FRA:ME5A' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.06   Med: 25.5   Max: 98.25
Current: 4.52

During the past years, Methode Electronics's highest Shiller PE Ratio was 98.25. The lowest was 4.06. And the median was 25.50.

FRA:ME5A's Shiller PE Ratio is ranked better than
96.68% of 1384 companies
in the Hardware industry
Industry Median: 24.285 vs FRA:ME5A: 4.52

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.

Methode Electronics's adjusted earnings per share data for the three months ended in Jan. 2024 was €-0.303. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.54 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Methode Electronics Shiller PE Ratio Historical Data

The historical data trend for Methode Electronics'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.

Methode Electronics Shiller PE Ratio Chart

Methode Electronics Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.39 15.14 19.31 16.10 13.77

Methode Electronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 16.19 13.77 11.38 8.31 7.76

Competitive Comparison of Methode Electronics's Shiller PE Ratio

For the Electronic Components subindustry, Methode Electronics'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.


Methode Electronics's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Methode Electronics 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.

Methode Electronics's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.10/2.54
=4.37

* 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.

Methode Electronics's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Methode Electronics's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.303/130.1244*130.1244
=-0.303

Current CPI (Jan. 2024) = 130.1244.

Methode Electronics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.905 100.023 1.177
201407 0.406 100.520 0.526
201410 0.521 100.176 0.677
201501 0.585 98.604 0.772
201504 0.619 99.824 0.807
201507 0.545 100.691 0.704
201510 0.481 100.346 0.624
201601 0.414 99.957 0.539
201604 0.529 100.947 0.682
201607 0.516 101.524 0.661
201610 0.599 101.988 0.764
201701 0.592 102.456 0.752
201704 0.578 103.167 0.729
201707 0.477 103.278 0.601
201710 0.545 104.070 0.681
201801 -0.533 104.578 -0.663
201804 0.799 105.708 0.984
201807 0.539 106.324 0.660
201810 0.339 106.695 0.413
201901 0.718 106.200 0.880
201904 0.534 107.818 0.644
201907 0.669 108.250 0.804
201910 0.570 108.577 0.683
202001 0.982 108.841 1.174
202004 0.727 108.173 0.875
202007 0.470 109.318 0.559
202010 0.859 109.861 1.017
202101 0.681 110.364 0.803
202104 0.677 112.673 0.782
202107 0.643 115.183 0.726
202110 0.621 116.696 0.692
202201 0.690 118.619 0.757
202204 0.398 121.978 0.425
202207 0.570 125.002 0.593
202210 0.761 125.734 0.788
202301 0.501 126.223 0.516
202304 0.201 127.992 0.204
202307 0.018 128.974 0.018
202310 -1.468 129.810 -1.472
202401 -0.303 130.124 -0.303

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.


Methode Electronics  (FRA:ME5A) 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.


Methode Electronics Shiller PE Ratio Related Terms

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


Methode Electronics (FRA:ME5A) Business Description

Traded in Other Exchanges
Address
8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.

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