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Fortune Brands Innovations (STU:2FB) Shiller PE Ratio : 20.00 (As of May. 13, 2024)


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What is Fortune Brands Innovations Shiller PE Ratio?

As of today (2024-05-13), Fortune Brands Innovations's current share price is €69.00. Fortune Brands Innovations's E10 for the quarter that ended in Mar. 2024 was €3.45. Fortune Brands Innovations's Shiller PE Ratio for today is 20.00.

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

STU:2FB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.5   Med: 25.01   Max: 41.82
Current: 19.96

During the past years, Fortune Brands Innovations's highest Shiller PE Ratio was 41.82. The lowest was 13.50. And the median was 25.01.

STU:2FB's Shiller PE Ratio is ranked worse than
61.8% of 987 companies
in the Construction industry
Industry Median: 15.8 vs STU:2FB: 19.96

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.

Fortune Brands Innovations's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.699. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Brands Innovations Shiller PE Ratio Historical Data

The historical data trend for Fortune Brands Innovations'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.

Fortune Brands Innovations Shiller PE Ratio Chart

Fortune Brands Innovations 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 32.13 34.77 32.03 16.46 20.42

Fortune Brands Innovations 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 16.47 19.79 16.68 20.42 22.43

Competitive Comparison of Fortune Brands Innovations's Shiller PE Ratio

For the Building Products & Equipment subindustry, Fortune Brands Innovations'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.


Fortune Brands Innovations's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fortune Brands Innovations's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fortune Brands Innovations's Shiller PE Ratio falls into.



Fortune Brands Innovations 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.

Fortune Brands Innovations's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=69.00/3.45
=20.00

* 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.

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

For example, Fortune Brands Innovations'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)
=0.699/129.4194*129.4194
=0.699

Current CPI (Mar. 2024) = 129.4194.

Fortune Brands Innovations Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.405 100.560 0.521
201409 -0.101 100.428 -0.130
201412 0.231 99.070 0.302
201503 0.231 99.621 0.300
201506 0.437 100.684 0.562
201509 0.588 100.392 0.758
201512 0.496 99.792 0.643
201603 0.341 100.470 0.439
201606 0.712 101.688 0.906
201609 0.695 101.861 0.883
201612 0.635 101.863 0.807
201703 0.467 102.862 0.588
201706 0.783 103.349 0.981
201709 0.696 104.136 0.865
201712 0.701 104.011 0.872
201803 0.397 105.290 0.488
201806 0.753 106.317 0.917
201809 0.591 106.507 0.718
201812 0.527 105.998 0.643
201903 0.531 107.251 0.641
201906 0.858 108.070 1.028
201909 0.681 108.329 0.814
201912 0.666 108.420 0.795
202003 0.697 108.902 0.828
202006 0.737 108.767 0.877
202009 0.993 109.815 1.170
202012 0.954 109.897 1.123
202103 1.058 111.754 1.225
202106 1.287 114.631 1.453
202109 1.233 115.734 1.379
202112 1.133 117.630 1.247
202203 1.217 121.301 1.298
202206 1.381 125.017 1.430
202209 1.586 125.227 1.639
202212 0.802 125.222 0.829
202303 0.616 127.348 0.626
202306 0.738 128.729 0.742
202309 1.003 129.860 1.000
202312 0.587 129.419 0.587
202403 0.699 129.419 0.699

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.


Fortune Brands Innovations  (STU:2FB) 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.


Fortune Brands Innovations Shiller PE Ratio Related Terms

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Fortune Brands Innovations (STU:2FB) Business Description

Traded in Other Exchanges
Address
520 Lake Cook Road, Suite 300, Deerfield, IL, USA, 60015-5611
Fortune Brands Innovations is a leading home and security products company that operates two segments. The company's $2.6 billion plumbing segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures, and the $2.2 billion outdoors and security segment sells entry doors under the Therma-Tru brand name, Fiberon-branded patio decking, and locks and other security devices under the Master Lock and SentrySafe brand names.

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