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Mueller Industries (FRA:MUD) Shiller PE Ratio : 23.87 (As of May. 01, 2024)


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What is Mueller Industries Shiller PE Ratio?

As of today (2024-05-01), Mueller Industries's current share price is €53.00. Mueller Industries's E10 for the quarter that ended in Mar. 2024 was €2.22. Mueller Industries's Shiller PE Ratio for today is 23.87.

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

FRA:MUD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.73   Med: 19.37   Max: 28.78
Current: 22.5

During the past years, Mueller Industries's highest Shiller PE Ratio was 28.78. The lowest was 10.73. And the median was 19.37.

FRA:MUD's Shiller PE Ratio is ranked better than
56.44% of 1738 companies
in the Industrial Products industry
Industry Median: 25.535 vs FRA:MUD: 22.50

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.

Mueller Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.113. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mueller Industries Shiller PE Ratio Historical Data

The historical data trend for Mueller Industries'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.

Mueller Industries Shiller PE Ratio Chart

Mueller Industries 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 17.63 18.12 21.40 14.84 19.74

Mueller Industries 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 17.12 19.66 16.28 19.74 21.74

Competitive Comparison of Mueller Industries's Shiller PE Ratio

For the Metal Fabrication subindustry, Mueller Industries'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.


Mueller Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mueller Industries's Shiller PE Ratio distribution charts can be found below:

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



Mueller Industries 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.

Mueller Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=53.00/2.22
=23.87

* 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.

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

For example, Mueller Industries'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)
=1.113/129.4194*129.4194
=1.113

Current CPI (Mar. 2024) = 129.4194.

Mueller Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.228 100.560 0.293
201409 0.163 100.428 0.210
201412 0.130 99.070 0.170
201503 0.180 99.621 0.234
201506 0.263 100.684 0.338
201509 0.138 100.392 0.178
201512 0.115 99.792 0.149
201603 0.225 100.470 0.290
201606 0.218 101.688 0.277
201609 0.200 101.861 0.254
201612 0.142 101.863 0.180
201703 0.243 102.862 0.306
201706 0.214 103.349 0.268
201709 0.164 104.136 0.204
201712 0.042 104.011 0.052
201803 0.170 105.290 0.209
201806 0.248 106.317 0.302
201809 0.150 106.507 0.182
201812 0.207 105.998 0.253
201903 0.124 107.251 0.150
201906 0.221 108.070 0.265
201909 0.236 108.329 0.282
201912 0.225 108.420 0.269
202003 0.258 108.902 0.307
202006 0.222 108.767 0.264
202009 0.323 109.815 0.381
202012 0.263 109.897 0.310
202103 0.466 111.754 0.540
202106 0.797 114.631 0.900
202109 1.279 115.734 1.430
202112 0.978 117.630 1.076
202203 1.262 121.301 1.346
202206 1.726 125.017 1.787
202209 1.384 125.227 1.430
202212 1.161 125.222 1.200
202303 1.438 127.348 1.461
202306 1.440 128.729 1.448
202309 1.096 129.860 1.092
202312 0.963 129.419 0.963
202403 1.113 129.419 1.113

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.


Mueller Industries  (FRA:MUD) 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.


Mueller Industries Shiller PE Ratio Related Terms

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


Mueller Industries (FRA:MUD) Business Description

Traded in Other Exchanges
Address
150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017
Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning most of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms worldwide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive. Most sales derive from the United States, but the company operates worldwide.

Mueller Industries (FRA:MUD) Headlines

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