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MKS Instruments (LTS:0JWG) Shiller PE Ratio : 54.00 (As of May. 29, 2024)


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What is MKS Instruments Shiller PE Ratio?

As of today (2024-05-29), MKS Instruments's current share price is $131.76. MKS Instruments's E10 for the quarter that ended in Mar. 2024 was $2.44. MKS Instruments's Shiller PE Ratio for today is 54.00.

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

LTS:0JWG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.23   Med: 35.57   Max: 77.55
Current: 53.25

During the past years, MKS Instruments's highest Shiller PE Ratio was 77.55. The lowest was 13.23. And the median was 35.57.

LTS:0JWG's Shiller PE Ratio is ranked worse than
80.77% of 1383 companies
in the Hardware industry
Industry Median: 24.34 vs LTS:0JWG: 53.25

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.

MKS Instruments's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MKS Instruments Shiller PE Ratio Historical Data

The historical data trend for MKS Instruments'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.

MKS Instruments Shiller PE Ratio Chart

MKS Instruments 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 35.42 43.63 39.58 16.44 41.69

MKS Instruments 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 17.16 42.32 32.93 41.69 54.12

Competitive Comparison of MKS Instruments's Shiller PE Ratio

For the Scientific & Technical Instruments subindustry, MKS Instruments'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.


MKS Instruments's Shiller PE Ratio Distribution in the Hardware Industry

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

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



MKS Instruments 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.

MKS Instruments's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=131.76/2.44
=54.00

* 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.

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

For example, MKS Instruments'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)
=0.22/131.7762*131.7762
=0.220

Current CPI (Mar. 2024) = 131.7762.

MKS Instruments Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.400 100.560 0.524
201409 0.550 100.428 0.722
201412 0.640 99.070 0.851
201503 0.630 99.621 0.833
201506 0.620 100.684 0.811
201509 0.560 100.392 0.735
201512 0.480 99.792 0.634
201603 0.330 100.470 0.433
201606 0.170 101.688 0.220
201609 0.600 101.861 0.776
201612 0.830 101.863 1.074
201703 1.180 102.862 1.512
201706 2.190 103.349 2.792
201709 1.380 104.136 1.746
201712 1.410 104.011 1.786
201803 1.900 105.290 2.378
201806 2.220 106.317 2.752
201809 1.700 106.507 2.103
201812 1.320 105.998 1.641
201903 0.230 107.251 0.283
201906 0.690 108.070 0.841
201909 0.860 108.329 1.046
201912 0.770 108.420 0.936
202003 1.250 108.902 1.513
202006 1.330 108.767 1.611
202009 1.660 109.815 1.992
202012 2.080 109.897 2.494
202103 2.200 111.754 2.594
202106 2.630 114.631 3.023
202109 2.380 115.734 2.710
202112 2.690 117.630 3.014
202203 2.570 121.301 2.792
202206 2.320 125.017 2.445
202209 0.090 125.227 0.095
202212 0.810 125.222 0.852
202303 -0.640 127.348 -0.662
202306 -26.470 128.729 -27.097
202309 0.580 129.860 0.589
202312 -1.020 129.419 -1.039
202403 0.220 131.776 0.220

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.


MKS Instruments  (LTS:0JWG) 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.


MKS Instruments Shiller PE Ratio Related Terms

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MKS Instruments (LTS:0JWG) Business Description

Traded in Other Exchanges
Address
2 Tech Drive, Suite 201, Andover, MA, USA, 01810
MKS Instruments Inc is engaged in providing instruments, subsystems, and process control systems used to measure, monitor, deliver, and control parameters of manufacturing processes. The company's product portfolio includes instruments, components, and systems required in manufacturing products such as flat panel displays, medical devices, and electronic materials, among others used in industrial technologies, semiconductor, life and health sciences, and research and defense markets. The company organizes itself into three reportable business segments: Vacuum Solutions, Photonics Solutions, and Materials Solutions. The Vacuum Solutions segment contributes to roughly half of the company's revenue, and the majority of its revenue is earned in the United States.

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