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Comfort Systems USA (Comfort Systems USA) Shiller PE Ratio : 71.95 (As of May. 01, 2024)


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What is Comfort Systems USA Shiller PE Ratio?

As of today (2024-05-01), Comfort Systems USA's current share price is $301.48. Comfort Systems USA's E10 for the quarter that ended in Mar. 2024 was $4.19. Comfort Systems USA's Shiller PE Ratio for today is 71.95.

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

FIX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.29   Med: 43.98   Max: 82.04
Current: 71.95

During the past years, Comfort Systems USA's highest Shiller PE Ratio was 82.04. The lowest was 24.29. And the median was 43.98.

FIX's Shiller PE Ratio is ranked worse than
93.72% of 987 companies
in the Construction industry
Industry Median: 15.95 vs FIX: 71.95

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.

Comfort Systems USA's adjusted earnings per share data for the three months ended in Mar. 2024 was $2.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comfort Systems USA Shiller PE Ratio Historical Data

The historical data trend for Comfort Systems USA'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.

Comfort Systems USA Shiller PE Ratio Chart

Comfort Systems USA 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 41.16 33.06 44.38 38.15 52.40

Comfort Systems USA 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 45.36 48.03 46.03 52.40 75.78

Competitive Comparison of Comfort Systems USA's Shiller PE Ratio

For the Engineering & Construction subindustry, Comfort Systems USA'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.


Comfort Systems USA's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Comfort Systems USA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Comfort Systems USA's Shiller PE Ratio falls into.



Comfort Systems USA 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.

Comfort Systems USA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=301.48/4.19
=71.95

* 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.

Comfort Systems USA's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Comfort Systems USA'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)
=2.69/129.4194*129.4194
=2.690

Current CPI (Mar. 2024) = 129.4194.

Comfort Systems USA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.120 100.560 0.154
201409 0.200 100.428 0.258
201412 0.290 99.070 0.379
201503 0.130 99.621 0.169
201506 0.350 100.684 0.450
201509 0.460 100.392 0.593
201512 0.350 99.792 0.454
201603 0.260 100.470 0.335
201606 0.470 101.688 0.598
201609 0.540 101.861 0.686
201612 0.450 101.863 0.572
201703 0.200 102.862 0.252
201706 0.480 103.349 0.601
201709 0.590 104.136 0.733
201712 0.200 104.011 0.249
201803 0.440 105.290 0.541
201806 0.870 106.317 1.059
201809 1.020 106.507 1.239
201812 0.670 105.998 0.818
201903 0.530 107.251 0.640
201906 0.650 108.070 0.778
201909 0.980 108.329 1.171
201912 0.920 108.420 1.098
202003 0.480 108.902 0.570
202006 1.080 108.767 1.285
202009 1.360 109.815 1.603
202012 1.170 109.897 1.378
202103 0.730 111.754 0.845
202106 0.900 114.631 1.016
202109 1.270 115.734 1.420
202112 1.030 117.630 1.133
202203 2.400 121.301 2.561
202206 1.170 125.017 1.211
202209 1.710 125.227 1.767
202212 1.540 125.222 1.592
202303 1.590 127.348 1.616
202306 1.930 128.729 1.940
202309 2.930 129.860 2.920
202312 2.550 129.419 2.550
202403 2.690 129.419 2.690

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.


Comfort Systems USA  (NYSE:FIX) 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.


Comfort Systems USA Shiller PE Ratio Related Terms

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


Comfort Systems USA (Comfort Systems USA) Business Description

Traded in Other Exchanges
Address
675 Bering Drive, Suite 400, Houston, TX, USA, 77057
Comfort Systems USA Inc provides comprehensive mechanical contracting services, including heating, ventilation, & air conditioning, or HVAC; plumbing; piping & controls; construction; and other electrical components. Projects are mainly for commercial, industrial, & institutional buildings, & tend to be geared toward HVAC. Revenue is roughly split between installation services for newly constructed facilities & maintenance services for existing buildings. The company installs & repairs products and systems throughout the United States. It operates in two segments, Mechanical services & Electrical services, the majority is from the Mechanical services segment.
Executives
Skidmore Constance Ellen director 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Rhoman J Hardy director 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
William J Sandbrook director C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
Vance W Tang director C/O KONE INC., 4225 NAPERVILLE ROAD, SUITE 400, LISLE IL 60532
Laura Finley Howell officer: VP, General Counsel, Secretary 675 BERING DRIVE SUITE 400, HOUSTON TX 77057
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Brian E. Lane officer: President / CEO COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Julie Shaeff officer: Chief Accounting Officer COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Cindy L. Wallis-lage director C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
William Iii George officer: Chief Financial Officer 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Herman E Bulls director JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006
T Mckenna Trent officer: VP, General Counsel & Secy C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Darcy Anderson director C/O PEROT SYSTEMS CORP, 2300 WEST PLANO PKWY, PLANO TX 75075
Pablo G. Mercado, director 920 MEMORIAL CITY WAY, SUITE 800, HOUSTON TX 77024
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071

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