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Meritor (Meritor) Shiller PE Ratio : 12.54 (As of Apr. 26, 2024)


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What is Meritor Shiller PE Ratio?

As of today (2024-04-26), Meritor's current share price is $36.50. Meritor's E10 for the quarter that ended in Mar. 2022 was $2.91. Meritor's Shiller PE Ratio for today is 12.54.

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

MTOR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.25   Med: 11.37   Max: 16.6
Current: 12.54

During the past years, Meritor's highest Shiller PE Ratio was 16.60. The lowest was 5.25. And the median was 11.37.

MTOR's Shiller PE Ratio is not ranked
in the Vehicles & Parts industry.
Industry Median: 17.71 vs MTOR: 12.54

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.

Meritor's adjusted earnings per share data for the three months ended in Mar. 2022 was $0.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.91 for the trailing ten years ended in Mar. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meritor Shiller PE Ratio Historical Data

The historical data trend for Meritor'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.

Meritor Shiller PE Ratio Chart

Meritor Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 9.21 9.14 8.14

Meritor Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 12.03 9.20 8.14 8.96 12.22

Competitive Comparison of Meritor's Shiller PE Ratio

For the Auto Parts subindustry, Meritor'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.


Meritor's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Meritor's Shiller PE Ratio distribution charts can be found below:

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



Meritor 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.

Meritor's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=36.50/2.91
=12.54

* 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.

Meritor's E10 for the quarter that ended in Mar. 2022 is calculated as:

For example, Meritor's adjusted earnings per share data for the three months ended in Mar. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=0.86/121.3010*121.3010
=0.860

Current CPI (Mar. 2022) = 121.3010.

Meritor Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201206 0.500 96.819 0.626
201209 0.050 97.633 0.062
201212 -0.220 96.871 -0.275
201303 -0.040 98.209 -0.049
201306 -0.390 98.518 -0.480
201309 0.420 98.790 0.516
201312 0.110 98.326 0.136
201403 0.010 99.695 0.012
201406 2.310 100.560 2.786
201409 0.030 100.428 0.036
201412 0.290 99.070 0.355
201503 0.420 99.621 0.511
201506 0.130 100.684 0.157
201509 -0.222 100.392 -0.268
201512 0.280 99.792 0.340
201603 0.350 100.470 0.423
201606 0.450 101.688 0.537
201609 5.100 101.861 6.073
201612 0.170 101.863 0.202
201703 0.240 102.862 0.283
201706 0.510 103.349 0.599
201709 2.630 104.136 3.064
201712 -0.410 104.011 -0.478
201803 0.630 105.290 0.726
201806 0.710 106.317 0.810
201809 0.360 106.507 0.410
201812 1.030 105.998 1.179
201903 0.840 107.251 0.950
201906 1.000 108.070 1.122
201909 0.510 108.329 0.571
201912 0.480 108.420 0.537
202003 3.200 108.902 3.564
202006 -0.500 108.767 -0.558
202009 0.040 109.815 0.044
202012 0.440 109.897 0.486
202103 0.860 111.754 0.933
202106 0.580 114.631 0.614
202109 0.870 115.734 0.912
202112 0.760 117.630 0.784
202203 0.860 121.301 0.860

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.


Meritor  (NYSE:MTOR) 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.


Meritor Shiller PE Ratio Related Terms

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


Meritor (Meritor) Business Description

Traded in Other Exchanges
N/A
Address
2135 West Maple Road, Troy, MI, USA, 48084-7186
Meritor Inc is a manufacturer of automobile parts for commercial vehicles and industrial markets. The company offers drivetrain, axle, brake, and suspension solutions for commercial trucks, trailers, buses, coaches, off-highway machinery, and defence contractors. The company serves original equipment markets as well as the aftermarket segment for the transportation and industrial sectors. Meritor generates the majority of its revenue from its commercial truck and industrial segment. Geographically, sales are focused on North American markets.
Executives
Anderson Carl Douglas Ii officer: SVP and CFO C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
John Nelligan officer: SVP & Pres., Truck, Americas 2490 PEBBLE BEACH DRIVE OAKLAND MI 48363
Jeffrey A Craig director, officer: CEO & President MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Chris Villavarayan officer: Pres., Americas C/O MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Paul Bialy officer: VP, Controller & PAO C/O MERITOR, INC. 2135 WEST MAPLE ROAD TROY MI 48084
Ken Hogan officer: SVP & Pres. Truck, EUR & APAC 8250 LINCOLN DR HUNTINGTON WOODS MI 48070
Elizabeth Anne Fessenden director 1137 WEST AVENUE, RICHMOND VA 23220
Bowes Timothy Earl Joseph officer: SVP & Pres. Ind & NA Aftmkt 2135 WEST MAPLE ROAD, TROY MI 48084
Ivor J Evans director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084-7186
William R Newlin director C/O CARMELL THERAPEUTICS CORPORATION, 2403 SIDNEY STREET, SUITE 300, PITTSBURGH PA 15203
Timothy J. Heffron officer: VP, HR & CIO C/O MERITOR, INC. 2135 WEST MAPLE ROAD TROY MI 48084
Fazal F Merchant director 2230 E. IMPERIAL HIGHWAY, EL SEGUNDO CA 90245
Hannah S. Lim officer: SVP, CLO & Corp Sec 2135 WEST MAPLE ROAD, TROY MI 48084
Joseph A. Plomin officer: Pres., International C/O MERITOR, INC. 2135 WEST MAPLE ROAD TROY MI 48084
Boise April Miller officer: SVP, GC & Corp Sec C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054