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Caesarstone (Caesarstone) Shiller PE Ratio : 9.54 (As of May. 03, 2024)


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What is Caesarstone Shiller PE Ratio?

As of today (2024-05-03), Caesarstone's current share price is $6.39. Caesarstone's E10 for the quarter that ended in Dec. 2023 was $0.67. Caesarstone's Shiller PE Ratio for today is 9.54.

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

CSTE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.22   Med: 6.52   Max: 12.08
Current: 9.54

During the past years, Caesarstone's highest Shiller PE Ratio was 12.08. The lowest was 3.22. And the median was 6.52.

CSTE's Shiller PE Ratio is ranked better than
75.76% of 986 companies
in the Construction industry
Industry Median: 15.725 vs CSTE: 9.54

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.

Caesarstone's adjusted earnings per share data for the three months ended in Dec. 2023 was $-1.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caesarstone Shiller PE Ratio Historical Data

The historical data trend for Caesarstone'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.

Caesarstone Shiller PE Ratio Chart

Caesarstone 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 - 9.34 8.06 4.84 5.60

Caesarstone 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 4.84 3.60 5.60 4.86 5.60

Competitive Comparison of Caesarstone's Shiller PE Ratio

For the Building Products & Equipment subindustry, Caesarstone'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.


Caesarstone's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Caesarstone's Shiller PE Ratio distribution charts can be found below:

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



Caesarstone 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.

Caesarstone's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.39/0.67
=9.54

* 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.

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

For example, Caesarstone'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)
=-1.47/129.4194*129.4194
=-1.470

Current CPI (Dec. 2023) = 129.4194.

Caesarstone Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.370 99.695 0.480
201406 0.510 100.560 0.656
201409 0.750 100.428 0.967
201412 0.580 99.070 0.758
201503 0.460 99.621 0.598
201506 0.650 100.684 0.836
201509 0.560 100.392 0.722
201512 0.530 99.792 0.687
201603 0.330 100.470 0.425
201606 0.730 101.688 0.929
201609 0.650 101.861 0.826
201612 0.440 101.863 0.559
201703 0.310 102.862 0.390
201706 0.420 103.349 0.526
201709 0.190 104.136 0.236
201712 -0.190 104.011 -0.236
201803 0.050 105.290 0.061
201806 0.320 106.317 0.390
201809 0.310 106.507 0.377
201812 0.040 105.998 0.049
201903 -0.010 107.251 -0.012
201906 0.190 108.070 0.228
201909 0.210 108.329 0.251
201912 -0.010 108.420 -0.012
202003 0.080 108.902 0.095
202006 -0.170 108.767 -0.202
202009 0.370 109.815 0.436
202012 -0.070 109.897 -0.082
202103 0.410 111.754 0.475
202106 0.050 114.631 0.056
202109 0.170 115.734 0.190
202112 -0.110 117.630 -0.121
202203 0.180 121.301 0.192
202206 0.320 125.017 0.331
202209 -0.020 125.227 -0.021
202212 -2.150 125.222 -2.222
202303 -0.110 127.348 -0.112
202306 -1.520 128.729 -1.528
202309 -0.030 129.860 -0.030
202312 -1.470 129.419 -1.470

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.


Caesarstone  (NAS:CSTE) 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.


Caesarstone Shiller PE Ratio Related Terms

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


Caesarstone (Caesarstone) Business Description

Traded in Other Exchanges
Address
Kibbutz Sdot-Yam, MP Menashe, ISR, 3780400
Caesarstone Ltd manufactures engineered quartz surfaces. Its products primarily include engineered quartz and porcelain slabs, which are used as kitchen countertops in renovation and remodeling, and residential construction. It also has other applications, including vanity tops, wall panels, backsplashes, floor tiles, stairs, and other interior surfaces that are used in various residential and non-residential applications. The company sells its products under the Caesarstone brand. Caesarstone's geographical segments are the United States, Canada, Latin America, Australia, Asia, Israel, and EMEA(Europe, Middle East, Africa).