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Mohawk Industries (Mohawk Industries) Shiller PE Ratio : 11.32 (As of Apr. 26, 2024)


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What is Mohawk Industries Shiller PE Ratio?

As of today (2024-04-26), Mohawk Industries's current share price is $110.27. Mohawk Industries's E10 for the quarter that ended in Dec. 2023 was $9.74. Mohawk Industries's Shiller PE Ratio for today is 11.32.

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

MHK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.23   Med: 23.84   Max: 86.63
Current: 11.32

During the past years, Mohawk Industries's highest Shiller PE Ratio was 86.63. The lowest was 7.23. And the median was 23.84.

MHK's Shiller PE Ratio is ranked better than
70.61% of 262 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 18.4 vs MHK: 11.32

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.

Mohawk Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $9.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mohawk Industries Shiller PE Ratio Historical Data

The historical data trend for Mohawk 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.

Mohawk Industries Shiller PE Ratio Chart

Mohawk 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 16.82 16.35 17.44 9.55 10.62

Mohawk Industries 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 9.55 9.18 9.35 8.82 10.62

Competitive Comparison of Mohawk Industries's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, Mohawk 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.


Mohawk Industries's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Shiller PE Ratio distribution charts can be found below:

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



Mohawk 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.

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

Shiller PE Ratio=Share Price/ E10
=110.27/9.74
=11.32

* 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.

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

For example, Mohawk Industries'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)
=2.18/129.4194*129.4194
=2.180

Current CPI (Dec. 2023) = 129.4194.

Mohawk Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.110 99.695 1.441
201406 2.080 100.560 2.677
201409 2.060 100.428 2.655
201412 2.000 99.070 2.613
201503 0.300 99.621 0.390
201506 2.530 100.684 3.252
201509 2.890 100.392 3.726
201512 2.570 99.792 3.333
201603 2.300 100.470 2.963
201606 3.420 101.688 4.353
201609 3.620 101.861 4.599
201612 3.130 101.863 3.977
201703 2.680 102.862 3.372
201706 3.480 103.349 4.358
201709 3.610 104.136 4.486
201712 3.210 104.011 3.994
201803 2.780 105.290 3.417
201806 2.620 106.317 3.189
201809 3.020 106.507 3.670
201812 3.050 105.998 3.724
201903 1.670 107.251 2.015
201906 2.790 108.070 3.341
201909 2.150 108.329 2.569
201912 3.680 108.420 4.393
202003 1.540 108.902 1.830
202006 -0.680 108.767 -0.809
202009 2.870 109.815 3.382
202012 3.490 109.897 4.110
202103 3.360 111.754 3.891
202106 4.820 114.631 5.442
202109 3.930 115.734 4.395
202112 2.800 117.630 3.081
202203 3.780 121.301 4.033
202206 4.400 125.017 4.555
202209 -8.400 125.227 -8.681
202212 0.520 125.222 0.537
202303 1.260 127.348 1.280
202306 1.580 128.729 1.588
202309 -11.940 129.860 -11.900
202312 2.180 129.419 2.180

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.


Mohawk Industries  (NYSE:MHK) 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.


Mohawk Industries Shiller PE Ratio Related Terms

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


Mohawk Industries (Mohawk Industries) Business Description

Traded in Other Exchanges
Address
160 South Industrial Boulevard, Calhoun, GA, USA, 30701
Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring NA, and Flooring ROW. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.
Executives
Suzanne L Helen other: Possible Group Member C/O MOHAWK INDUSTRIES INC, 2001 ANTIOCH ROAD, DALTON GA 30721
Rodney David Patton officer: General Counsel - VP 5855 RIVERMOND DRIVE, ATLANTA GA 30328
Jeffrey S Lorberbaum director, officer: President and CEO MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703
Bernard Thiers director NESTOR DE TIERESTRAAT 128, EINE C9 9700
Harkins William Wayne Ii officer: CAO and Corporate Controller 160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701
Clifford Charles Suing officer: CAO and Corporate Controller 160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701
Chistopher Wellborn director, officer: President-Dal-Tile MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703
Jerry W Burris director 5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
James Brunk director, officer: Corporate Controller and CAO 251 MISTY HILL TRAIL, DALLAS GA 30132
Steven Hyosig Lee officer: CAO and Corporate Controller 160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701
Frank H Boykin director, officer: Vice President-Finance & CFO 2042 OLD FORGE WAY, MARIETTA GA 30068
De Cock Paul F officer: President-Flooring NA ALPHONSE RENARDSTRAAT 41, ELSENE C9 1050
Filip Balcaen director PAULINE VAN POTTELSBERGHELAAN 10, 9051 SINT-DENIJS-WESTREM, GENT C9 9051
John Engquist director H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Bruce Bruckmann director C/O MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703