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The Timken Co (FRA:TKH) Shiller PE Ratio : 22.58 (As of May. 03, 2024)


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What is The Timken Co Shiller PE Ratio?

As of today (2024-05-03), The Timken Co's current share price is €81.50. The Timken Co's E10 for the quarter that ended in Mar. 2024 was €3.61. The Timken Co's Shiller PE Ratio for today is 22.58.

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

FRA:TKH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.34   Med: 17.42   Max: 27.26
Current: 22.88

During the past years, The Timken Co's highest Shiller PE Ratio was 27.26. The lowest was 8.34. And the median was 17.42.

FRA:TKH's Shiller PE Ratio is ranked better than
55.7% of 1745 companies
in the Industrial Products industry
Industry Median: 25.66 vs FRA:TKH: 22.88

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.

The Timken Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.343. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Timken Co Shiller PE Ratio Historical Data

The historical data trend for The Timken Co'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.

The Timken Co Shiller PE Ratio Chart

The Timken Co 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 17.63 23.60 20.18 19.87 20.72

The Timken Co 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 22.18 24.18 18.99 20.72 22.44

Competitive Comparison of The Timken Co's Shiller PE Ratio

For the Tools & Accessories subindustry, The Timken Co'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.


The Timken Co's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



The Timken Co 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.

The Timken Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=81.50/3.61
=22.58

* 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.

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

For example, The Timken Co'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)
=1.343/129.4194*129.4194
=1.343

Current CPI (Mar. 2024) = 129.4194.

The Timken Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.500 100.560 0.643
201409 -0.186 100.428 -0.240
201412 0.381 99.070 0.498
201503 -1.423 99.621 -1.849
201506 0.383 100.684 0.492
201509 0.668 100.392 0.861
201512 -0.404 99.792 -0.524
201603 0.736 100.470 0.948
201606 0.543 101.688 0.691
201609 0.383 101.861 0.487
201612 0.294 101.863 0.374
201703 0.449 102.862 0.565
201706 0.926 103.349 1.160
201709 0.571 104.136 0.710
201712 0.313 104.011 0.389
201803 0.827 105.290 1.017
201806 0.993 106.317 1.209
201809 0.780 106.507 0.948
201812 0.677 105.998 0.827
201903 1.053 107.251 1.271
201906 1.062 108.070 1.272
201909 0.763 108.329 0.912
201912 1.332 108.420 1.590
202003 0.959 108.902 1.140
202006 0.728 108.767 0.866
202009 0.985 109.815 1.161
202012 0.567 109.897 0.668
202103 1.235 111.754 1.430
202106 1.129 114.631 1.275
202109 0.969 115.734 1.084
202112 0.726 117.630 0.799
202203 1.416 121.301 1.511
202206 1.343 125.017 1.390
202209 1.192 125.227 1.232
202212 1.246 125.222 1.288
202303 1.560 127.348 1.585
202306 1.597 128.729 1.606
202309 1.153 129.860 1.149
202312 0.761 129.419 0.761
202403 1.343 129.419 1.343

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.


The Timken Co  (FRA:TKH) 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.


The Timken Co Shiller PE Ratio Related Terms

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


The Timken Co (FRA:TKH) Business Description

Traded in Other Exchanges
Address
4500 Mount Pleasant Street North West, North Canton, OH, USA, 44720-5450
The Timken Company is a manufacturer of bearings, gear belts, and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorised dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Mobile Industries and Process industries. Timken generates its revenue in the United States of America.

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