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Camtek (Camtek) Shiller PE Ratio : 112.55 (As of Apr. 28, 2024)


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What is Camtek Shiller PE Ratio?

As of today (2024-04-28), Camtek's current share price is $82.16. Camtek's E10 for the quarter that ended in Dec. 2023 was $0.73. Camtek's Shiller PE Ratio for today is 112.55.

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

CAMT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 39.11   Med: 85.57   Max: 281.67
Current: 113.28

During the past years, Camtek's highest Shiller PE Ratio was 281.67. The lowest was 39.11. And the median was 85.57.

CAMT's Shiller PE Ratio is ranked worse than
91.04% of 502 companies
in the Semiconductors industry
Industry Median: 27.825 vs CAMT: 113.28

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.

Camtek's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Camtek Shiller PE Ratio Historical Data

The historical data trend for Camtek'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.

Camtek Shiller PE Ratio Chart

Camtek 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 60.69 98.61 130.53 40.38 95.66

Camtek Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 40.38 47.81 56.01 90.46 95.66

Competitive Comparison of Camtek's Shiller PE Ratio

For the Semiconductor Equipment & Materials subindustry, Camtek'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.


Camtek's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Camtek's Shiller PE Ratio distribution charts can be found below:

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



Camtek 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.

Camtek's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=82.16/0.73
=112.55

* 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.

Camtek's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Camtek's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.42/129.4194*129.4194
=0.420

Current CPI (Dec. 2023) = 129.4194.

Camtek Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.020 99.695 0.026
201406 0.070 100.560 0.090
201409 0.020 100.428 0.026
201412 0.002 99.070 0.003
201503 0.002 99.621 0.003
201506 0.020 100.684 0.026
201509 0.030 100.392 0.039
201512 -0.340 99.792 -0.441
201603 0.001 100.470 0.001
201606 0.040 101.688 0.051
201609 0.030 101.861 0.038
201612 0.070 101.863 0.089
201703 0.090 102.862 0.113
201706 -0.110 103.349 -0.138
201709 0.320 104.136 0.398
201712 0.080 104.011 0.100
201803 0.100 105.290 0.123
201806 0.120 106.317 0.146
201809 0.140 106.507 0.170
201812 0.160 105.998 0.195
201903 0.160 107.251 0.193
201906 0.190 108.070 0.228
201909 0.110 108.329 0.131
201912 0.119 108.420 0.142
202003 0.070 108.902 0.083
202006 0.130 108.767 0.155
202009 0.150 109.815 0.177
202012 0.180 109.897 0.212
202103 0.300 111.754 0.347
202106 0.350 114.631 0.395
202109 0.410 115.734 0.458
202112 0.280 117.630 0.308
202203 0.390 121.301 0.416
202206 0.400 125.017 0.414
202209 0.430 125.227 0.444
202212 0.450 125.222 0.465
202303 0.360 127.348 0.366
202306 0.380 128.729 0.382
202309 0.460 129.860 0.458
202312 0.420 129.419 0.420

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.


Camtek  (NAS:CAMT) 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.


Camtek Shiller PE Ratio Related Terms

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


Camtek (Camtek) Business Description

Traded in Other Exchanges
Address
Ramat Gavriel Industrial Zone, P.O. Box 544, Migdal HaEmek, ISR, 23150
Camtek Ltd is engaged in the manufacturing of metrology and inspection equipment and a provider of software solutions serving Advanced Packaging, Memory, (complementary metal oxide semiconductor) CMOS Image Sensors, (micro-electro mechanical systems) MEMS, RF, and others. Geographically, it derives maximum revenue from the Asia Pacific followed by the United States and Europe. The company products and services include Surface Inspection, Bump Inspection and Metrology, and others.