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Aviat Networks (Aviat Networks) Shiller PE Ratio : 64.08 (As of Apr. 28, 2024)


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What is Aviat Networks Shiller PE Ratio?

As of today (2024-04-28), Aviat Networks's current share price is $33.96. Aviat Networks's E10 for the quarter that ended in Dec. 2023 was $0.53. Aviat Networks's Shiller PE Ratio for today is 64.08.

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

AVNW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 54.36   Med: 85.95   Max: 492.29
Current: 63.99

During the past years, Aviat Networks's highest Shiller PE Ratio was 492.29. The lowest was 54.36. And the median was 85.95.

AVNW's Shiller PE Ratio is ranked worse than
85.46% of 1362 companies
in the Hardware industry
Industry Median: 23.16 vs AVNW: 63.99

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.

Aviat Networks's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.53 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aviat Networks Shiller PE Ratio Historical Data

The historical data trend for Aviat Networks'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.

Aviat Networks Shiller PE Ratio Chart

Aviat Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 193.35

Aviat Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 27,873.90 526.28 193.35 81.76 61.54

Competitive Comparison of Aviat Networks's Shiller PE Ratio

For the Communication Equipment subindustry, Aviat Networks'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.


Aviat Networks's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Aviat Networks 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.

Aviat Networks's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=33.96/0.53
=64.08

* 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.

Aviat Networks's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Aviat Networks's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.24/129.4194*129.4194
=0.240

Current CPI (Dec. 2023) = 129.4194.

Aviat Networks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -1.440 99.695 -1.869
201406 -1.200 100.560 -1.544
201409 -0.540 100.428 -0.696
201412 -0.420 99.070 -0.549
201503 -1.260 99.621 -1.637
201506 -0.180 100.684 -0.231
201509 -0.115 100.392 -0.148
201512 -0.545 99.792 -0.707
201603 -0.750 100.470 -0.966
201606 -1.440 101.688 -1.833
201609 -0.060 101.861 -0.076
201612 0.155 101.863 0.197
201703 -0.040 102.862 -0.050
201706 -0.140 103.349 -0.175
201709 -0.060 104.136 -0.075
201712 0.450 104.011 0.560
201803 -0.245 105.290 -0.301
201806 0.005 106.317 0.006
201809 -0.070 106.507 -0.085
201812 0.205 105.998 0.250
201903 0.390 107.251 0.471
201906 0.345 108.070 0.413
201909 0.005 108.329 0.006
201912 -0.155 108.420 -0.185
202003 0.070 108.902 0.083
202006 0.105 108.767 0.125
202009 0.540 109.815 0.636
202012 0.580 109.897 0.683
202103 8.000 111.754 9.265
202106 0.240 114.631 0.271
202109 0.390 115.734 0.436
202112 0.490 117.630 0.539
202203 0.510 121.301 0.544
202206 0.390 125.017 0.404
202209 -0.250 125.227 -0.258
202212 0.510 125.222 0.527
202303 0.410 127.348 0.417
202306 0.280 128.729 0.282
202309 0.340 129.860 0.339
202312 0.240 129.419 0.240

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.


Aviat Networks  (NAS:AVNW) 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.


Aviat Networks Shiller PE Ratio Related Terms

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


Aviat Networks (Aviat Networks) Business Description

Traded in Other Exchanges
Address
200 Parker Drive, Suite C100A, Austin, TX, USA, 78728
Aviat Networks Inc is a networking solutions provider. It designs, manufactures, and sells wireless networking products, solutions, and services to mobile and fixed operators, private network operators, government agencies, transportation and utility companies, public safety agencies, and broadcast network operators around the world. The company's product categories include point-to-point microwave and millimeter wave radios that are licensed (subject to local frequency regulatory requirements), lightly licensed and license-exempt (operating in license-exempt frequencies), and element and network management software.
Executives
Bryan Tucker officer: Sr. VP, Americas Sales and Ser 200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
Erin Boase officer: VP Legal Affairs AVIAT NETWORKS, INC., 200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
Gary Croke officer: VP Marketing and PLM AVIAT NETWORKS, INC., 200 PARKER DRIVE, SUITE C100A, AUSTIN TX 78728
David M Gray officer: Sr VP and CFO AVIAT NETWORKS, INC, 200 PARKER DRIVE, SUITE C 100A, AUSTIN TX 78726
Pete A Smith officer: President and CEO C/O AVIAT NETWORKS, INC., 200 PARKER DR SUITE C100A, AUSTIN TX 78728
Bruce M. Taten director 600 TRAVIS, SUITE 5600, HOUSTON TX 77002
Somesh Singh director 1301 S MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Bryan Ingram director C/O AVAGO TECHNOLOGIES LIMITED, 350 WEST TRIMBLE ROAD, BLDG. 90, SAN JOSE CA 95131
Michele Klein director 469 MINOCA ROAD, PORTOLA VALLEY CA 94028
Steel Excel Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
James C Stoffel director 101 KNOLLWOOD DRIVE, ROCHESTER NY 14618