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Harley-Davidson (BSP:H1OG34) Shiller PE Ratio : 8.85 (As of May. 17, 2024)


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What is Harley-Davidson Shiller PE Ratio?

As of today (2024-05-17), Harley-Davidson's current share price is R$181.83. Harley-Davidson's E10 for the quarter that ended in Mar. 2024 was R$20.54. Harley-Davidson's Shiller PE Ratio for today is 8.85.

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

BSP:H1OG34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.71   Med: 14.42   Max: 24.81
Current: 8.63

During the past years, Harley-Davidson's highest Shiller PE Ratio was 24.81. The lowest was 4.71. And the median was 14.42.

BSP:H1OG34's Shiller PE Ratio is ranked better than
83.59% of 829 companies
in the Vehicles & Parts industry
Industry Median: 17.78 vs BSP:H1OG34: 8.63

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.

Harley-Davidson's adjusted earnings per share data for the three months ended in Mar. 2024 was R$8.565. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$20.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harley-Davidson Shiller PE Ratio Historical Data

The historical data trend for Harley-Davidson'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.

Harley-Davidson Shiller PE Ratio Chart

Harley-Davidson 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 11.80 11.76 10.90 10.85 9.17

Harley-Davidson 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 9.56 8.85 8.15 9.17 10.66

Competitive Comparison of Harley-Davidson's Shiller PE Ratio

For the Recreational Vehicles subindustry, Harley-Davidson'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.


Harley-Davidson's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Harley-Davidson's Shiller PE Ratio falls into.



Harley-Davidson 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.

Harley-Davidson's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=181.83/20.54
=8.85

* 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.

Harley-Davidson's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Harley-Davidson'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)
=8.565/131.7762*131.7762
=8.565

Current CPI (Mar. 2024) = 131.7762.

Harley-Davidson Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 3.622 100.560 4.746
201409 1.613 100.428 2.116
201412 0.925 99.070 1.230
201503 3.990 99.621 5.278
201506 4.481 100.684 5.865
201509 2.693 100.392 3.535
201512 0.854 99.792 1.128
201603 5.029 100.470 6.596
201606 5.306 101.688 6.876
201609 2.082 101.861 2.693
201612 0.906 101.863 1.172
201703 3.284 102.862 4.207
201706 4.877 103.349 6.218
201709 1.253 104.136 1.586
201712 0.165 104.011 0.209
201803 3.377 105.290 4.227
201806 5.468 106.317 6.777
201809 2.794 106.507 3.457
201812 0.012 105.998 0.015
201903 3.073 107.251 3.776
201906 4.743 108.070 5.783
201909 2.266 108.329 2.756
201912 0.369 108.420 0.448
202003 2.199 108.902 2.661
202006 -3.113 108.767 -3.772
202009 4.212 109.815 5.054
202012 -3.241 109.897 -3.886
202103 9.467 111.754 11.163
202106 6.688 114.631 7.688
202109 5.543 115.734 6.311
202112 0.792 117.630 0.887
202203 7.216 121.301 7.839
202206 7.370 125.017 7.768
202209 9.334 125.227 9.822
202212 1.469 125.222 1.546
202303 10.626 127.348 10.996
202306 5.922 128.729 6.062
202309 6.815 129.860 6.916
202312 0.882 129.419 0.898
202403 8.565 131.776 8.565

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.


Harley-Davidson  (BSP:H1OG34) 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.


Harley-Davidson Shiller PE Ratio Related Terms

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


Harley-Davidson (BSP:H1OG34) Business Description

Address
3700 West Juneau Avenue, Milwaukee, WI, USA, 53208
Harley-Davidson is a global leading manufacturer of heavyweight motorcycles, merchandise, parts, and accessories. It sells custom, cruiser, and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear, and apparel, as well as merchandise. Harley-Davidson Financial Services provides wholesale financing to dealers and retail financing and insurance brokerage services to customers. Harley has historically captured about half of all heavyweight domestic retail motorcycle registrations, a metric it had ceded in 2020 as it repositioned the business, and has yet to restore (at 39% in the third quarter). In recent years the firm has expanded into the adventure touring market with its Pan America model and into electric with the LiveWire brand.

Harley-Davidson (BSP:H1OG34) Headlines

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