GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Belden Inc (FRA:QCTA) » Definitions » Shiller PE Ratio

Belden (FRA:QCTA) Shiller PE Ratio : 61.43 (As of May. 21, 2024)


View and export this data going back to . Start your Free Trial

What is Belden Shiller PE Ratio?

As of today (2024-05-21), Belden's current share price is €86.00. Belden's E10 for the quarter that ended in Mar. 2024 was €1.40. Belden's Shiller PE Ratio for today is 61.43.

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

FRA:QCTA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.92   Med: 59.77   Max: 139.96
Current: 62.09

During the past years, Belden's highest Shiller PE Ratio was 139.96. The lowest was 16.92. And the median was 59.77.

FRA:QCTA's Shiller PE Ratio is ranked worse than
84.19% of 1385 companies
in the Hardware industry
Industry Median: 24.4 vs FRA:QCTA: 62.09

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.

Belden's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.828. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Belden Shiller PE Ratio Historical Data

The historical data trend for Belden'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.

Belden Shiller PE Ratio Chart

Belden 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 36.03 36.72 61.32 61.63 52.28

Belden 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 68.33 70.37 66.22 52.28 60.89

Competitive Comparison of Belden's Shiller PE Ratio

For the Communication Equipment subindustry, Belden'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.


Belden's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Belden's Shiller PE Ratio distribution charts can be found below:

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



Belden 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.

Belden's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=86.00/1.4
=61.43

* 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.

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

For example, Belden'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)
=0.828/131.7762*131.7762
=0.828

Current CPI (Mar. 2024) = 131.7762.

Belden Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.000 100.560 0.000
201409 0.598 100.428 0.785
201412 0.292 99.070 0.388
201503 -0.425 99.621 -0.562
201506 0.445 100.684 0.582
201509 0.303 100.392 0.398
201512 1.074 99.792 1.418
201603 0.350 100.470 0.459
201606 0.881 101.688 1.142
201609 0.615 101.861 0.796
201612 0.559 101.863 0.723
201703 0.374 102.862 0.479
201706 0.570 103.349 0.727
201709 -0.151 104.136 -0.191
201712 0.431 104.011 0.546
201803 -0.122 105.290 -0.153
201806 0.419 106.317 0.519
201809 1.543 106.507 1.909
201812 0.765 105.998 0.951
201903 0.372 107.251 0.457
201906 0.743 108.070 0.906
201909 -6.084 108.329 -7.401
201912 -2.916 108.420 -3.544
202003 -0.226 108.902 -0.273
202006 -1.350 108.767 -1.636
202009 0.323 109.815 0.388
202012 0.123 109.897 0.147
202103 0.538 111.754 0.634
202106 0.805 114.631 0.925
202109 0.774 115.734 0.881
202112 -0.982 117.630 -1.100
202203 0.717 121.301 0.779
202206 1.239 125.017 1.306
202209 2.252 125.227 2.370
202212 1.340 125.222 1.410
202303 1.354 127.348 1.401
202306 1.477 128.729 1.512
202309 1.593 129.860 1.617
202312 0.834 129.419 0.849
202403 0.828 131.776 0.828

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.


Belden  (FRA:QCTA) 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.


Belden Shiller PE Ratio Related Terms

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


Belden (FRA:QCTA) Business Description

Traded in Other Exchanges
Address
1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment is a provider in network infrastructure solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. The Industrial Solutions segment is a provider of high-performance networking components and machine connectivity products.

Belden (FRA:QCTA) Headlines

No Headlines