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Arrow Electronics (STU:ARW) Shiller PE Ratio : 13.24 (As of May. 18, 2024)


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What is Arrow Electronics Shiller PE Ratio?

As of today (2024-05-18), Arrow Electronics's current share price is €121.00. Arrow Electronics's E10 for the quarter that ended in Mar. 2024 was €9.14. Arrow Electronics's Shiller PE Ratio for today is 13.24.

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

STU:ARW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.84   Med: 19.35   Max: 24.7
Current: 13.05

During the past years, Arrow Electronics's highest Shiller PE Ratio was 24.70. The lowest was 9.84. And the median was 19.35.

STU:ARW's Shiller PE Ratio is ranked better than
78.28% of 1381 companies
in the Hardware industry
Industry Median: 24.4 vs STU:ARW: 13.05

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.

Arrow Electronics's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.408. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €9.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrow Electronics Shiller PE Ratio Historical Data

The historical data trend for Arrow 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.

Arrow Electronics Shiller PE Ratio Chart

Arrow Electronics 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 17.79 19.07 21.07 12.46 12.53

Arrow Electronics 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 14.03 15.41 13.04 12.53 13.02

Competitive Comparison of Arrow Electronics's Shiller PE Ratio

For the Electronics & Computer Distribution subindustry, Arrow 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.


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

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

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



Arrow 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.

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

Shiller PE Ratio=Share Price/ E10
=121.00/9.14
=13.24

* 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.

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

For example, Arrow Electronics'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)
=1.408/131.7762*131.7762
=1.408

Current CPI (Mar. 2024) = 131.7762.

Arrow Electronics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.935 100.560 1.225
201409 1.141 100.428 1.497
201412 0.957 99.070 1.273
201503 1.007 99.621 1.332
201506 1.140 100.684 1.492
201509 1.025 100.392 1.345
201512 1.551 99.792 2.048
201603 1.024 100.470 1.343
201606 1.291 101.688 1.673
201609 1.140 101.861 1.475
201612 1.716 101.863 2.220
201703 1.187 102.862 1.521
201706 0.988 103.349 1.260
201709 1.259 104.136 1.593
201712 0.507 104.011 0.642
201803 1.265 105.290 1.583
201806 1.644 106.317 2.038
201809 1.705 106.507 2.110
201812 2.312 105.998 2.874
201903 1.443 107.251 1.773
201906 -5.735 108.070 -6.993
201909 0.999 108.329 1.215
201912 1.224 108.420 1.488
202003 0.552 108.902 0.668
202006 1.492 108.767 1.808
202009 1.808 109.815 2.170
202012 2.532 109.897 3.036
202103 2.285 111.754 2.694
202106 2.681 114.631 3.082
202109 3.400 115.734 3.871
202112 4.655 117.630 5.215
202203 4.821 121.301 5.237
202206 5.241 125.017 5.524
202209 5.323 125.227 5.601
202212 5.343 125.222 5.623
202303 4.296 127.348 4.445
202306 3.803 128.729 3.893
202309 3.308 129.860 3.357
202312 3.246 129.419 3.305
202403 1.408 131.776 1.408

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.


Arrow Electronics  (STU:ARW) 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.


Arrow Electronics Shiller PE Ratio Related Terms

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Arrow Electronics (STU:ARW) Business Description

Traded in Other Exchanges
Address
9201 East Dry Creek Road, Centennial, CO, USA, 80112
Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the components business and the enterprise computing solutions.