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Hubbell (Hubbell) Shiller PE Ratio : 49.14 (As of Apr. 29, 2024)


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What is Hubbell Shiller PE Ratio?

As of today (2024-04-29), Hubbell's current share price is $407.34. Hubbell's E10 for the quarter that ended in Dec. 2023 was $8.29. Hubbell's Shiller PE Ratio for today is 49.14.

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

HUBB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.19   Med: 26.19   Max: 50.41
Current: 49.14

During the past years, Hubbell's highest Shiller PE Ratio was 50.41. The lowest was 17.19. And the median was 26.19.

HUBB's Shiller PE Ratio is ranked worse than
76.74% of 1720 companies
in the Industrial Products industry
Industry Median: 25.475 vs HUBB: 49.14

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.

Hubbell's adjusted earnings per share data for the three months ended in Dec. 2023 was $3.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $8.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hubbell Shiller PE Ratio Historical Data

The historical data trend for Hubbell'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.

Hubbell Shiller PE Ratio Chart

Hubbell 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 26.31 26.52 31.92 31.91 39.67

Hubbell 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 31.91 31.71 41.66 38.29 39.67

Competitive Comparison of Hubbell's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Hubbell'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.


Hubbell's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Hubbell 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.

Hubbell's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=407.34/8.29
=49.14

* 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.

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

For example, Hubbell'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)
=3.16/129.4194*129.4194
=3.160

Current CPI (Dec. 2023) = 129.4194.

Hubbell Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.080 99.695 1.402
201406 1.510 100.560 1.943
201409 1.510 100.428 1.946
201412 1.380 99.070 1.803
201503 1.070 99.621 1.390
201506 1.370 100.684 1.761
201509 1.270 100.392 1.637
201512 1.060 99.792 1.375
201603 1.080 100.470 1.391
201606 1.450 101.688 1.845
201609 1.560 101.861 1.982
201612 1.160 101.863 1.474
201703 1.130 102.862 1.422
201706 1.430 103.349 1.791
201709 1.470 104.136 1.827
201712 0.370 104.011 0.460
201803 1.050 105.290 1.291
201806 1.820 106.317 2.215
201809 2.060 106.507 2.503
201812 1.600 105.998 1.954
201903 1.320 107.251 1.593
201906 1.750 108.070 2.096
201909 2.380 108.329 2.843
201912 1.850 108.420 2.208
202003 1.370 108.902 1.628
202006 1.620 108.767 1.928
202009 1.960 109.815 2.310
202012 1.480 109.897 1.743
202103 1.420 111.754 1.644
202106 1.740 114.631 1.964
202109 1.980 115.734 2.214
202112 2.140 117.630 2.354
202203 3.310 121.301 3.532
202206 2.260 125.017 2.340
202209 2.570 125.227 2.656
202212 2.270 125.222 2.346
202303 3.370 127.348 3.425
202306 3.820 128.729 3.840
202309 3.700 129.860 3.687
202312 3.160 129.419 3.160

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.


Hubbell  (NYSE:HUBB) 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.


Hubbell Shiller PE Ratio Related Terms

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


Hubbell (Hubbell) Business Description

Traded in Other Exchanges
Address
40 Waterview Drive, Shelton, CT, USA, 06484
Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: electrical and power systems. The consolidated business sells about two thirds of its products via distributors, with the remainder sold via direct sales to utilities and contractors. The 2018 acquisition of Aclara, folded into the utility solutions segment, brought Hubbell a portfolio of smart meters and communication sensors that serves electrical, water, and gas utilities.
Executives
John F Malloy director 2556 SPRING VALLEY ROAD, BETHLEHEM PA 18105
Del Nero Jonathan M. officer: Vice President, Controller C/0 HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Alyssa R Flynn officer: Chief Human Resources Officer C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
William R Sperry officer: Executive VP and CFO C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Gerben Bakker officer: Group Vice President C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Mark Eugene Mikes officer: President Electrical Solutions C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Gregory Gumbs officer: President, Utility Solutions C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Debra L. Dial director 208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Carlos M Cardoso director STANLEY BLACK & DECKER, INC., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Anthony Guzzi director 301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851
Allan Connolly officer: Group President, Power Systems C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Stephen M Mais officer: Vice President Human Resources C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rhett Anthony Hernandez director 40 WATERVIEW DRIVE, SHELTON CT 06484
David G Nord officer: Senior VP & CFO UNITED TECHNOLOGIES CORP, ONE FINANCIAL PLAZA, HARTFORD CT 06101
Joseph Anthony Capozzoli officer: VP and Corporate Controller C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484

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