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Roper Technologies (BSP:R1OP34) Shiller PE Ratio : 39.01 (As of Apr. 28, 2024)


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What is Roper Technologies Shiller PE Ratio?

As of today (2024-04-28), Roper Technologies's current share price is R$279.72. Roper Technologies's E10 for the quarter that ended in Dec. 2023 was R$7.17. Roper Technologies's Shiller PE Ratio for today is 39.01.

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

BSP:R1OP34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.48   Med: 43.14   Max: 56.62
Current: 35.43

During the past years, Roper Technologies's highest Shiller PE Ratio was 56.62. The lowest was 29.48. And the median was 43.14.

BSP:R1OP34's Shiller PE Ratio is ranked worse than
59.07% of 899 companies
in the Software industry
Industry Median: 30.32 vs BSP:R1OP34: 35.43

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.

Roper Technologies's adjusted earnings per share data for the three months ended in Dec. 2023 was R$1.769. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$7.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Roper Technologies Shiller PE Ratio Historical Data

The historical data trend for Roper 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.

Roper Technologies Shiller PE Ratio Chart

Roper Technologies 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 45.77 51.64 51.73 31.28 36.67

Roper Technologies 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 31.28 31.14 33.16 32.78 36.67

Competitive Comparison of Roper Technologies's Shiller PE Ratio

For the Software - Application subindustry, Roper 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.


Roper Technologies's Shiller PE Ratio Distribution in the Software Industry

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

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



Roper 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.

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

Shiller PE Ratio=Share Price/ E10
=279.72/7.17
=39.01

* 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.

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

For example, Roper Technologies'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)
=1.769/129.4194*129.4194
=1.769

Current CPI (Dec. 2023) = 129.4194.

Roper Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.339 99.695 0.440
201406 0.349 100.560 0.449
201409 0.360 100.428 0.464
201412 0.486 99.070 0.635
201503 0.484 99.621 0.629
201506 0.526 100.684 0.676
201509 0.617 100.392 0.795
201512 0.796 99.792 1.032
201603 0.547 100.470 0.705
201606 0.527 101.688 0.671
201609 0.530 101.861 0.673
201612 0.597 101.863 0.759
201703 0.479 102.862 0.603
201706 0.573 103.349 0.718
201709 0.576 104.136 0.716
201712 1.407 104.011 1.751
201803 0.666 105.290 0.819
201806 0.826 106.317 1.005
201809 0.974 106.507 1.184
201812 0.955 105.998 1.166
201903 1.356 107.251 1.636
201906 0.918 108.070 1.099
201909 1.088 108.329 1.300
201912 3.399 108.420 4.057
202003 1.114 108.902 1.324
202006 1.079 108.767 1.284
202009 1.193 109.815 1.406
202012 1.240 109.897 1.460
202103 1.538 111.754 1.781
202106 1.353 114.631 1.528
202109 1.431 115.734 1.600
202112 1.527 117.630 1.680
202203 9.425 121.301 10.056
202206 1.272 125.017 1.317
202209 1.605 125.227 1.659
202212 9.473 125.222 9.791
202303 1.380 127.348 1.402
202306 1.650 128.729 1.659
202309 1.595 129.860 1.590
202312 1.769 129.419 1.769

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.


Roper Technologies  (BSP:R1OP34) 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.


Roper Technologies Shiller PE Ratio Related Terms

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Roper Technologies (BSP:R1OP34) Business Description

Traded in Other Exchanges
Address
6901 Professional Parkway East, Suite 200, Sarasota, FL, USA, 34240
Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.

Roper Technologies (BSP:R1OP34) Headlines

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