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MillerKnoll (FRA:MHR) Shiller PE Ratio : 15.09 (As of May. 22, 2024)


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What is MillerKnoll Shiller PE Ratio?

As of today (2024-05-22), MillerKnoll's current share price is €25.20. MillerKnoll's E10 for the quarter that ended in Feb. 2024 was €1.67. MillerKnoll's Shiller PE Ratio for today is 15.09.

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

FRA:MHR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.84   Med: 21.62   Max: 29.76
Current: 15.03

During the past years, MillerKnoll's highest Shiller PE Ratio was 29.76. The lowest was 8.84. And the median was 21.62.

FRA:MHR's Shiller PE Ratio is ranked better than
62.6% of 262 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 19.33 vs FRA:MHR: 15.03

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.

MillerKnoll's adjusted earnings per share data for the three months ended in Feb. 2024 was €0.278. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.67 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MillerKnoll Shiller PE Ratio Historical Data

The historical data trend for MillerKnoll'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.

MillerKnoll Shiller PE Ratio Chart

MillerKnoll Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.59 15.73 27.96 18.44 8.42

MillerKnoll Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 14.53 8.42 11.96 14.16 16.71

Competitive Comparison of MillerKnoll's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, MillerKnoll'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.


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

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

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



MillerKnoll 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.

MillerKnoll's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.20/1.67
=15.09

* 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.

MillerKnoll's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, MillerKnoll's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.278/130.9299*130.9299
=0.278

Current CPI (Feb. 2024) = 130.9299.

MillerKnoll Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.211 100.373 0.275
201408 0.315 100.352 0.411
201411 0.369 99.635 0.485
201502 0.308 99.032 0.407
201505 0.349 100.333 0.455
201508 0.503 100.548 0.655
201511 0.531 100.135 0.694
201602 0.415 100.040 0.543
201605 0.592 101.355 0.765
201608 0.535 101.617 0.689
201611 0.491 101.829 0.631
201702 0.347 102.779 0.442
201705 0.498 103.256 0.631
201708 0.466 103.587 0.589
201711 0.469 104.072 0.590
201802 0.397 105.052 0.495
201805 0.448 106.148 0.553
201808 0.520 106.383 0.640
201811 0.581 106.338 0.715
201902 0.581 106.649 0.713
201905 0.697 108.048 0.845
201908 0.728 108.245 0.881
201911 1.195 108.519 1.442
202002 0.587 109.139 0.704
202005 -2.705 108.175 -3.274
202008 1.048 109.662 1.251
202011 0.736 109.793 0.878
202102 0.579 110.968 0.683
202105 0.099 113.576 0.114
202108 -0.782 115.421 -0.887
202111 -0.018 117.269 -0.020
202202 0.167 119.703 0.183
202205 0.265 123.323 0.281
202208 0.336 124.958 0.352
202211 0.206 125.607 0.215
202302 0.009 126.928 0.009
202305 -0.001 128.314 -0.001
202308 0.202 129.538 0.204
202311 0.416 129.548 0.420
202402 0.278 130.930 0.278

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.


MillerKnoll  (FRA:MHR) 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.


MillerKnoll Shiller PE Ratio Related Terms

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


MillerKnoll (FRA:MHR) Business Description

Traded in Other Exchanges
Address
855 East Main Avenue, P.O. Box 302, Zeeland, MI, USA, 49464
MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Contract , International Contract & Specialty International & Specialty and Global Retail. The company's products are sold through a variety of sources, including owned and independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalogs, and the company's online stores. The independent retailer division generates the majority of the firm's overall sales.

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