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Technos (BSP:TECN3) Shiller PE Ratio : 47.60 (As of Apr. 30, 2024)


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What is Technos Shiller PE Ratio?

As of today (2024-04-30), Technos's current share price is R$4.76. Technos's E10 for the quarter that ended in Dec. 2023 was R$0.10. Technos's Shiller PE Ratio for today is 47.60.

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

BSP:TECN3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.81   Med: 20.91   Max: 50.42
Current: 50.42

During the past years, Technos's highest Shiller PE Ratio was 50.42. The lowest was 3.81. And the median was 20.91.

BSP:TECN3's Shiller PE Ratio is ranked worse than
86.61% of 560 companies
in the Retail - Cyclical industry
Industry Median: 17.135 vs BSP:TECN3: 50.42

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.

Technos's adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.331. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Technos Shiller PE Ratio Historical Data

The historical data trend for Technos'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.

Technos Shiller PE Ratio Chart

Technos 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 - 4.07 14.11 31.24 36.22

Technos 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 31.24 32.93 32.70 27.32 36.22

Competitive Comparison of Technos's Shiller PE Ratio

For the Luxury Goods subindustry, Technos'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.


Technos's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Technos's Shiller PE Ratio distribution charts can be found below:

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



Technos 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.

Technos's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.76/0.1
=47.60

* 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.

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

For example, Technos'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)
=0.331/156.2729*156.2729
=0.331

Current CPI (Dec. 2023) = 156.2729.

Technos Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.070 90.447 -0.121
201406 0.133 91.838 0.226
201409 0.113 92.602 0.191
201412 0.411 94.194 0.682
201503 0.020 97.799 0.032
201506 0.161 100.006 0.252
201509 0.253 101.392 0.390
201512 0.000 104.247 0.000
201603 -0.158 106.979 -0.231
201606 -0.069 108.851 -0.099
201609 -0.080 109.986 -0.114
201612 0.282 110.802 0.398
201703 -0.172 111.869 -0.240
201706 0.051 112.115 0.071
201709 -0.091 112.777 -0.126
201712 0.056 114.068 0.077
201803 -0.194 114.868 -0.264
201806 0.097 117.038 0.130
201809 -0.048 117.881 -0.064
201812 0.332 118.340 0.438
201903 -0.129 120.124 -0.168
201906 -0.479 120.977 -0.619
201909 -0.033 121.292 -0.043
201912 -0.953 123.436 -1.207
202003 -0.226 124.092 -0.285
202006 -0.223 123.557 -0.282
202009 0.048 125.095 0.060
202012 0.037 129.012 0.045
202103 -0.052 131.660 -0.062
202106 0.090 133.871 0.105
202109 0.078 137.913 0.088
202112 0.211 141.992 0.232
202203 -0.064 146.537 -0.068
202206 0.178 149.784 0.186
202209 0.103 147.800 0.109
202212 0.281 150.207 0.292
202303 0.042 153.352 0.043
202306 0.194 154.519 0.196
202309 0.363 155.464 0.365
202312 0.331 156.273 0.331

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.


Technos  (BSP:TECN3) 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.


Technos Shiller PE Ratio Related Terms

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


Technos (BSP:TECN3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida das Américas No. 3443, Room 101, Block 4, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22631003
Technos SA is primarily engaged in the manufacture and marketing of watches. The company produces and sells watches to middle class under brand name Technos, Mormii and Seiko. It acquired the rights to distribute and use the Timex brand exclusively throughout the national territory. In addition, the company also distribute brand name called Allora and Touch in the fashion segment. It derives most of its revenues from the sale of the watches and yarn and has operations spread across Brazil.

Technos (BSP:TECN3) Headlines

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