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Hubbell (STU:HUEC) Shiller PE Ratio : 46.89 (As of May. 17, 2024)


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What is Hubbell Shiller PE Ratio?

As of today (2024-05-17), Hubbell's current share price is €370.00. Hubbell's E10 for the quarter that ended in Mar. 2024 was €7.89. Hubbell's Shiller PE Ratio for today is 46.89.

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

STU:HUEC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.19   Med: 26.19   Max: 50.41
Current: 45.64

During the past years, Hubbell's highest Shiller PE Ratio was 50.41. The lowest was 17.19. And the median was 26.19.

STU:HUEC's Shiller PE Ratio is ranked worse than
74.9% of 1749 companies
in the Industrial Products industry
Industry Median: 26.05 vs STU:HUEC: 45.64

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.

Hubbell's adjusted earnings per share data for the three months ended in Mar. 2024 was €2.512. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €7.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hubbell Shiller PE Ratio Historical Data

The historical data trend for Hubbell'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.

Hubbell Shiller PE Ratio Chart

Hubbell 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 26.31 26.52 31.92 31.91 39.67

Hubbell 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 31.71 41.66 38.29 39.67 48.41

Competitive Comparison of Hubbell's Shiller PE Ratio

For the Electrical Equipment & Parts subindustry, Hubbell'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.


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

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

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



Hubbell 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.

Hubbell's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=370.00/7.89
=46.89

* 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.

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

For example, Hubbell'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)
=2.512/131.7762*131.7762
=2.512

Current CPI (Mar. 2024) = 131.7762.

Hubbell Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.111 100.560 1.456
201409 1.172 100.428 1.538
201412 1.119 99.070 1.488
201503 0.989 99.621 1.308
201506 1.221 100.684 1.598
201509 1.132 100.392 1.486
201512 0.973 99.792 1.285
201603 0.970 100.470 1.272
201606 1.291 101.688 1.673
201609 1.390 101.861 1.798
201612 1.100 101.863 1.423
201703 1.057 102.862 1.354
201706 1.273 103.349 1.623
201709 1.233 104.136 1.560
201712 0.313 104.011 0.397
201803 0.852 105.290 1.066
201806 1.558 106.317 1.931
201809 1.765 106.507 2.184
201812 1.406 105.998 1.748
201903 1.168 107.251 1.435
201906 1.549 108.070 1.889
201909 2.161 108.329 2.629
201912 1.665 108.420 2.024
202003 1.240 108.902 1.500
202006 1.439 108.767 1.743
202009 1.664 109.815 1.997
202012 1.217 109.897 1.459
202103 1.193 111.754 1.407
202106 1.444 114.631 1.660
202109 1.683 115.734 1.916
202112 1.894 117.630 2.122
202203 3.005 121.301 3.265
202206 2.138 125.017 2.254
202209 2.596 125.227 2.732
202212 2.143 125.222 2.255
202303 3.148 127.348 3.257
202306 3.526 128.729 3.609
202309 3.467 129.860 3.518
202312 2.898 129.419 2.951
202403 2.512 131.776 2.512

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.


Hubbell  (STU:HUEC) 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.


Hubbell Shiller PE Ratio Related Terms

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


Hubbell (STU:HUEC) Business Description

Traded in Other Exchanges
Address
40 Waterview Drive, Shelton, CT, USA, 06484
Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: electrical and power systems. The consolidated business sells about two thirds of its products via distributors, with the remainder sold via direct sales to utilities and contractors. The 2018 acquisition of Aclara, folded into the utility solutions segment, brought Hubbell a portfolio of smart meters and communication sensors that serves electrical, water, and gas utilities.

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