GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Materion Corp (NYSE:MTRN) » Definitions » Shiller PE Ratio

Materion (Materion) Shiller PE Ratio : 45.88 (As of May. 19, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Materion Shiller PE Ratio?

As of today (2024-05-19), Materion's current share price is $117.00. Materion's E10 for the quarter that ended in Mar. 2024 was $2.55. Materion's Shiller PE Ratio for today is 45.88.

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

MTRN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.02   Med: 36.8   Max: 59.06
Current: 45.95

During the past years, Materion's highest Shiller PE Ratio was 59.06. The lowest was 14.02. And the median was 36.80.

MTRN's Shiller PE Ratio is ranked worse than
74.33% of 374 companies
in the Metals & Mining industry
Industry Median: 23.015 vs MTRN: 45.95

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.

Materion's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Materion Shiller PE Ratio Historical Data

The historical data trend for Materion'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.

Materion Shiller PE Ratio Chart

Materion 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 35.99 43.02 53.90 42.10 52.40

Materion 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 52.87 49.51 42.07 52.40 51.74

Competitive Comparison of Materion's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Materion'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.


Materion's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Materion's Shiller PE Ratio distribution charts can be found below:

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



Materion 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.

Materion's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=117.00/2.55
=45.88

* 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.

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

For example, Materion'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)
=0.64/131.7762*131.7762
=0.640

Current CPI (Mar. 2024) = 131.7762.

Materion Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.470 100.560 0.616
201409 0.610 100.428 0.800
201412 0.580 99.070 0.771
201503 0.440 99.621 0.582
201506 0.440 100.684 0.576
201509 0.360 100.392 0.473
201512 0.330 99.792 0.436
201603 0.270 100.470 0.354
201606 0.270 101.688 0.350
201609 0.400 101.861 0.517
201612 0.330 101.863 0.427
201703 0.150 102.862 0.192
201706 0.360 103.349 0.459
201709 0.460 104.136 0.582
201712 -0.410 104.011 -0.519
201803 0.510 105.290 0.638
201806 0.540 106.317 0.669
201809 0.970 106.507 1.200
201812 -1.030 105.998 -1.280
201903 0.820 107.251 1.008
201906 0.750 108.070 0.915
201909 0.170 108.329 0.207
201912 0.710 108.420 0.863
202003 -0.190 108.902 -0.230
202006 0.280 108.767 0.339
202009 0.270 109.815 0.324
202012 0.390 109.897 0.468
202103 0.810 111.754 0.955
202106 0.870 114.631 1.000
202109 0.880 115.734 1.002
202112 0.950 117.630 1.064
202203 0.680 121.301 0.739
202206 1.120 125.017 1.181
202209 0.960 125.227 1.010
202212 1.380 125.222 1.452
202303 1.230 127.348 1.273
202306 1.150 128.729 1.177
202309 1.270 129.860 1.289
202312 0.930 129.419 0.947
202403 0.640 131.776 0.640

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.


Materion  (NYSE:MTRN) 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.


Materion Shiller PE Ratio Related Terms

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


Materion (Materion) Business Description

Traded in Other Exchanges
Address
6070 Parkland Boulevard, Mayfield Heights, OH, USA, 44124
Materion Corp is a producer of engineered materials based in the United States. The company produces materials used in electrical, electronic, thermal, and structural applications. The company operates in four reportable segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The majority of revenue is derived from Electronic Materials.
Executives
Gregory R. Chemnitz officer: Vice President General Counsel 6070 PARKLAND BLVD., MAYFIELD HTS. OH 44124
Emily M Liggett director
John M Zaranec officer: Chief Accounting Officer 6070 PARKLAND BLVD, MAYFIELD HTS OH 44124
Craig S Shular director C/O GRAFTECH INTERNATIONAL LTD, 12900 SNOW ROAD, PARMA OH 44130
Shelly Marie Chadwick officer: Vice President, Finance & CFO 6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Vinod M Khilnani director 905 WEST BLVD NORTH, ELKHART IN 46514
Patrick M. Prevost director C/O SOUTHWESTERN ENERGY COMPANY, 10000 ENERGY DRIVE, SPRING TX 77389-4954
Joseph P Kelley officer: Vice President, Finance & CFO 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Robert J Phillippy director
Joseph P Keithley director NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
Richard J Hipple officer: President of Alloy Products 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
N Mohan Reddy director MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Jugal K. Vijayvargiya officer: President and CEO C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
John D Grampa officer: VP Finance, CFO MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
William B Lawrence director 7875 OLD MILL RD, GATES MILLS OH 44040

Materion (Materion) Headlines