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Surface Transforms (LSE:SCE) Shiller PE Ratio : (As of May. 26, 2024)


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What is Surface Transforms Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Surface Transforms Shiller PE Ratio Historical Data

The historical data trend for Surface Transforms'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.

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Surface Transforms Shiller PE Ratio Chart

Surface Transforms Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 Dec20 Dec21 Dec22
Shiller PE Ratio
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Surface Transforms Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Surface Transforms's Shiller PE Ratio

For the Auto Parts subindustry, Surface Transforms'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.


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

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

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



Surface Transforms 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.

Surface Transforms's E10 for the fiscal year that ended in Dec22 is calculated as:

For example, Surface Transforms's adjusted earnings per share data for the fiscal year that ended in Dec22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.022/125.3000*125.3000
=-0.022

Current CPI (Dec22) = 125.3000.

Surface Transforms Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201305 -0.016 98.200 -0.020
201405 -0.015 99.600 -0.019
201505 -0.015 100.100 -0.019
201605 -0.013 100.800 -0.016
201705 -0.022 103.500 -0.027
201805 -0.015 105.900 -0.018
201905 -0.015 107.900 -0.017
202012 -0.014 109.400 -0.016
202112 -0.019 114.700 -0.021
202212 -0.022 125.300 -0.022

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.


Surface Transforms  (LSE:SCE) 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.


Surface Transforms Shiller PE Ratio Related Terms

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Surface Transforms (LSE:SCE) Business Description

Traded in Other Exchanges
Address
Acornfield Road, Knowsley Industrial Estate, Image Business Park, Liverpool, GBR, L33 7UF
Surface Transforms PLC is a company that develops, manufactures, and markets carbon-ceramic products for the brakes market. It also engages in developing new products and applications for carbon fiber-reinforced ceramic friction and non-friction materials. It has operations spread across the United Kingdom, Germany, Sweden the United States of America, the Rest of Europe, and the Rest of the World.

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