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Netgear (Netgear) Shiller PE Ratio : 33.50 (As of Apr. 25, 2024)


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What is Netgear Shiller PE Ratio?

As of today (2024-04-25), Netgear's current share price is $14.74. Netgear's E10 for the quarter that ended in Dec. 2023 was $0.44. Netgear's Shiller PE Ratio for today is 33.50.

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

NTGR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.91   Med: 20.04   Max: 36
Current: 33.5

During the past years, Netgear's highest Shiller PE Ratio was 36.00. The lowest was 12.91. And the median was 20.04.

NTGR's Shiller PE Ratio is ranked worse than
65.14% of 1354 companies
in the Hardware industry
Industry Median: 23.25 vs NTGR: 33.50

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.

Netgear's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Netgear Shiller PE Ratio Historical Data

The historical data trend for Netgear'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.

Netgear Shiller PE Ratio Chart

Netgear 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 17.66 28.46 20.97 19.01 32.88

Netgear 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 19.01 20.90 17.29 25.66 32.88

Competitive Comparison of Netgear's Shiller PE Ratio

For the Communication Equipment subindustry, Netgear'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.


Netgear's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Netgear's Shiller PE Ratio distribution charts can be found below:

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



Netgear 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.

Netgear's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.74/0.44
=33.50

* 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.

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

For example, Netgear'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)
=-0.06/129.4194*129.4194
=-0.060

Current CPI (Dec. 2023) = 129.4194.

Netgear Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.390 99.695 0.506
201406 0.400 100.560 0.515
201409 0.550 100.428 0.709
201412 -1.160 99.070 -1.515
201503 0.230 99.621 0.299
201506 0.110 100.684 0.141
201509 0.470 100.392 0.606
201512 0.660 99.792 0.856
201603 0.500 100.470 0.644
201606 0.480 101.688 0.611
201609 0.620 101.861 0.788
201612 0.650 101.863 0.826
201703 0.470 102.862 0.591
201706 0.440 103.349 0.551
201709 0.640 104.136 0.795
201712 -1.020 104.011 -1.269
201803 0.170 105.290 0.209
201806 -0.170 106.317 -0.207
201809 0.300 106.507 0.365
201812 -0.410 105.998 -0.501
201903 0.390 107.251 0.471
201906 0.030 108.070 0.036
201909 0.390 108.329 0.466
201912 -0.010 108.420 -0.012
202003 -0.140 108.902 -0.166
202006 0.200 108.767 0.238
202009 0.830 109.815 0.978
202012 0.990 109.897 1.166
202103 0.720 111.754 0.834
202106 0.570 114.631 0.644
202109 0.310 115.734 0.347
202112 -0.030 117.630 -0.033
202203 -1.950 121.301 -2.081
202206 -0.300 125.017 -0.311
202209 0.100 125.227 0.103
202212 -0.210 125.222 -0.217
202303 -0.330 127.348 -0.335
202306 -0.290 128.729 -0.292
202309 -2.870 129.860 -2.860
202312 -0.060 129.419 -0.060

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.


Netgear  (NAS:NTGR) 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.


Netgear Shiller PE Ratio Related Terms

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


Netgear (Netgear) Business Description

Traded in Other Exchanges
Address
350 East Plumeria Drive, San Jose, CA, USA, 95134
Netgear Inc is a provider of networking solutions. The reportable segments of the company are connected home, and Small and Medium Businesses (SMB). The Connected Home segment focuses on consumers and consists of high-performance, dependable, and easy-to-use 4G/5G mobile, Wi-Fi internet networking solutions and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and SMB focused on small and medium-sized businesses and consists of business networking, storage, wireless LAN and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price.
Executives
Andrew Wonki Kim officer: SVP, Legal and Corp. Dev. 892 RUSSET DR., SUNNYVALE CA 94087
Martin Westhead officer: CTO 350 E. PLUMERIA DR., SAN JOSE CA 95134
Heidi Cormack officer: SVP, Marketing 350 E. PLUMERIA DR., SAN JOSE CA 95134
Vikram Mehta officer: SVP, CBU 350 E. PLUMERIA DR., SAN JOSE CA 95134
Michael A Werdann officer: SVP of Worldwide Sales 4500 GREAT AMERICAN PARKWAY, C/O NETGEAR INC, SANTA CLARA CA 95054
Laura Durr director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Mark G Merrill officer: Chief Technology Officer
Patrick Cs Lo director, officer: Chairman and CEO
Shravan Goli director 1040 AVENUE OF THE AMERICAS, NEW YORK NY 10016
David John Henry officer: SVP, Home Networking 350 E. PLUMERIA DR., SAN JOSE CA 95134
Thomas H Waechter director
Michael F Falcon officer: SVP, Operations
Tamesa Rogers officer: SVP, Human Resources 350 EAST PLUMERIA DR, SAN JOSE CA 95134
Murray Bryan officer: CFO 350 E. PLUMERIA DR., SAN JOSE CA 95134
Gregory J Rossman director 500 NYALA FARM RD, WESTPORT CT 06880