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Gentex (FRA:GTX) Shiller PE Ratio : 20.25 (As of May. 17, 2024)


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What is Gentex Shiller PE Ratio?

As of today (2024-05-17), Gentex's current share price is €32.00. Gentex's E10 for the quarter that ended in Mar. 2024 was €1.58. Gentex's Shiller PE Ratio for today is 20.25.

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

FRA:GTX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.87   Med: 26.01   Max: 36.44
Current: 20.35

During the past years, Gentex's highest Shiller PE Ratio was 36.44. The lowest was 15.87. And the median was 26.01.

FRA:GTX's Shiller PE Ratio is ranked worse than
56.09% of 829 companies
in the Vehicles & Parts industry
Industry Median: 17.78 vs FRA:GTX: 20.35

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.

Gentex's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.432. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gentex Shiller PE Ratio Historical Data

The historical data trend for Gentex'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.

Gentex Shiller PE Ratio Chart

Gentex 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 26.24 28.20 25.44 17.94 19.74

Gentex 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 17.88 18.20 19.82 19.74 21.23

Competitive Comparison of Gentex's Shiller PE Ratio

For the Auto Parts subindustry, Gentex'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.


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

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

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



Gentex 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.

Gentex's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=32.00/1.58
=20.25

* 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.

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

For example, Gentex'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)
=0.432/131.7762*131.7762
=0.432

Current CPI (Mar. 2024) = 131.7762.

Gentex Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.191 100.560 0.250
201409 0.194 100.428 0.255
201412 0.195 99.070 0.259
201503 0.240 99.621 0.317
201506 0.223 100.684 0.292
201509 0.241 100.392 0.316
201512 0.275 99.792 0.363
201603 0.251 100.470 0.329
201606 0.267 101.688 0.346
201609 0.285 101.861 0.369
201612 0.294 101.863 0.380
201703 0.309 102.862 0.396
201706 0.276 103.349 0.352
201709 0.260 104.136 0.329
201712 0.389 104.011 0.493
201803 0.324 105.290 0.406
201806 0.342 106.317 0.424
201809 0.360 106.507 0.445
201812 0.360 105.998 0.448
201903 0.354 107.251 0.435
201906 0.372 108.070 0.454
201909 0.400 108.329 0.487
201912 0.351 108.420 0.427
202003 0.326 108.902 0.394
202006 -0.009 108.767 -0.011
202009 0.408 109.815 0.490
202012 0.477 109.897 0.572
202103 0.386 111.754 0.455
202106 0.299 114.631 0.344
202109 0.272 115.734 0.310
202112 0.310 117.630 0.347
202203 0.336 121.301 0.365
202206 0.293 125.017 0.309
202209 0.313 125.227 0.329
202212 0.349 125.222 0.367
202303 0.392 127.348 0.406
202306 0.434 128.729 0.444
202309 0.422 129.860 0.428
202312 0.458 129.419 0.466
202403 0.432 131.776 0.432

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.


Gentex  (FRA:GTX) 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.


Gentex Shiller PE Ratio Related Terms

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


Gentex (FRA:GTX) Business Description

Traded in Other Exchanges
Address
600 North Centennial Street, Zeeland, MI, USA, 49464
Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue. The company is constantly developing new applications for the technology to remain on top. Sales in 2022 totaled about $1.9 billion with 44.2 million mirrors shipped. The unit mix breaks out as 65% interior and 35% exterior, versus about 32% exterior in 2020. The company is based in Zeeland, Michigan.