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TTM Technologies (FRA:TT1) Shiller PE Ratio : 26.00 (As of May. 26, 2024)


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What is TTM Technologies Shiller PE Ratio?

As of today (2024-05-26), TTM Technologies's current share price is €16.90. TTM Technologies's E10 for the quarter that ended in Mar. 2024 was €0.65. TTM Technologies's Shiller PE Ratio for today is 26.00.

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

FRA:TT1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.18   Med: 41.04   Max: 1876
Current: 26.03

During the past years, TTM Technologies's highest Shiller PE Ratio was 1876.00. The lowest was 16.18. And the median was 41.04.

FRA:TT1's Shiller PE Ratio is ranked worse than
53.21% of 1385 companies
in the Hardware industry
Industry Median: 24.4 vs FRA:TT1: 26.03

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.

TTM Technologies's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.092. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TTM Technologies Shiller PE Ratio Historical Data

The historical data trend for TTM Technologies'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.

TTM Technologies Shiller PE Ratio Chart

TTM Technologies 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 55.12 42.17 44.11 20.88 22.81

TTM Technologies 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 18.72 19.45 18.48 22.81 21.67

Competitive Comparison of TTM Technologies's Shiller PE Ratio

For the Electronic Components subindustry, TTM Technologies'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.


TTM Technologies's Shiller PE Ratio Distribution in the Hardware Industry

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

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



TTM Technologies 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.

TTM Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.90/0.65
=26.00

* 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.

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

For example, TTM Technologies'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)
=0.092/131.7762*131.7762
=0.092

Current CPI (Mar. 2024) = 131.7762.

TTM Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.029 100.560 -0.038
201409 0.070 100.428 0.092
201412 0.138 99.070 0.184
201503 0.037 99.621 0.049
201506 -0.365 100.684 -0.478
201509 -0.018 100.392 -0.024
201512 0.083 99.792 0.110
201603 -0.063 100.470 -0.083
201606 0.151 101.688 0.196
201609 0.205 101.861 0.265
201612 -0.019 101.863 -0.025
201703 0.262 102.862 0.336
201706 0.160 103.349 0.204
201709 0.159 104.136 0.201
201712 0.338 104.011 0.428
201803 0.073 105.290 0.091
201806 0.556 106.317 0.689
201809 0.189 106.507 0.234
201812 0.369 105.998 0.459
201903 -0.027 107.251 -0.033
201906 0.027 108.070 0.033
201909 0.136 108.329 0.165
201912 0.189 108.420 0.230
202003 -0.009 108.902 -0.011
202006 1.501 108.767 1.819
202009 -0.331 109.815 -0.397
202012 0.279 109.897 0.335
202103 -0.025 111.754 -0.029
202106 0.216 114.631 0.248
202109 0.162 115.734 0.184
202112 0.071 117.630 0.080
202203 0.154 121.301 0.167
202206 0.255 125.017 0.269
202209 0.424 125.227 0.446
202212 0.057 125.222 0.060
202303 -0.056 127.348 -0.058
202306 0.065 128.729 0.067
202309 -0.337 129.860 -0.342
202312 0.156 129.419 0.159
202403 0.092 131.776 0.092

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.


TTM Technologies  (FRA:TT1) 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.


TTM Technologies Shiller PE Ratio Related Terms

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


TTM Technologies (FRA:TT1) Business Description

Traded in Other Exchanges
Address
200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707
TTM Technologies Inc manufactures printed circuit boards. The company is based in the United States and derives roughly half of its revenue domestically. The company organizes itself into two segments: printed circuit boards and RF&S Components. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation, and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.

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