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Graco (STU:GA8) Shiller PE Ratio : 37.99 (As of May. 12, 2024)


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What is Graco Shiller PE Ratio?

As of today (2024-05-12), Graco's current share price is €77.88. Graco's E10 for the quarter that ended in Mar. 2024 was €2.05. Graco's Shiller PE Ratio for today is 37.99.

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

STU:GA8' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.25   Med: 36.73   Max: 53.03
Current: 37.68

During the past years, Graco's highest Shiller PE Ratio was 53.03. The lowest was 23.25. And the median was 36.73.

STU:GA8's Shiller PE Ratio is ranked worse than
67.47% of 1746 companies
in the Industrial Products industry
Industry Median: 26.005 vs STU:GA8: 37.68

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.

Graco's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.653. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Graco Shiller PE Ratio Historical Data

The historical data trend for Graco'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.

Graco Shiller PE Ratio Chart

Graco 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 40.35 50.57 47.60 34.18 39.77

Graco 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 35.79 41.12 33.80 39.77 42.14

Competitive Comparison of Graco's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Graco'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.


Graco's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Graco's Shiller PE Ratio distribution charts can be found below:

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



Graco 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.

Graco's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=77.88/2.05
=37.99

* 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.

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

For example, Graco'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)
=0.653/129.4194*129.4194
=0.653

Current CPI (Mar. 2024) = 129.4194.

Graco Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.263 100.560 0.338
201409 0.251 100.428 0.323
201412 0.216 99.070 0.282
201503 0.351 99.621 0.456
201506 0.861 100.684 1.107
201509 0.255 100.392 0.329
201512 0.288 99.792 0.374
201603 0.210 100.470 0.271
201606 0.264 101.688 0.336
201609 0.282 101.861 0.358
201612 -0.591 101.863 -0.751
201703 0.327 102.862 0.411
201706 0.409 103.349 0.512
201709 0.361 104.136 0.449
201712 0.177 104.011 0.220
201803 0.397 105.290 0.488
201806 0.437 106.317 0.532
201809 0.463 106.507 0.563
201812 0.378 105.998 0.462
201903 0.451 107.251 0.544
201906 0.451 108.070 0.540
201909 0.445 108.329 0.532
201912 0.441 108.420 0.526
202003 0.380 108.902 0.452
202006 0.151 108.767 0.180
202009 0.560 109.815 0.660
202012 0.543 109.897 0.639
202103 0.512 111.754 0.593
202106 0.523 114.631 0.590
202109 0.502 115.734 0.561
202112 0.611 117.630 0.672
202203 0.527 121.301 0.562
202206 0.643 125.017 0.666
202209 0.677 125.227 0.700
202212 0.699 125.222 0.722
202303 0.700 127.348 0.711
202306 0.720 128.729 0.724
202309 0.721 129.860 0.719
202312 0.587 129.419 0.587
202403 0.653 129.419 0.653

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.


Graco  (STU:GA8) 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.


Graco Shiller PE Ratio Related Terms

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


Graco (STU:GA8) Business Description

Traded in Other Exchanges
Address
88-11th Avenue Northeast, Minneapolis, MN, USA, 55413
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.1 billion in sales and $573 million in operating income in 2022.

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