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Keysight Technologies (Keysight Technologies) Shiller PE Ratio : 39.41 (As of May. 02, 2024)


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What is Keysight Technologies Shiller PE Ratio?

As of today (2024-05-02), Keysight Technologies's current share price is $146.99. Keysight Technologies's E10 for the quarter that ended in Jan. 2024 was $3.73. Keysight Technologies's Shiller PE Ratio for today is 39.41.

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

KEYS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 32.78   Med: 45.24   Max: 54.49
Current: 39.41

During the past years, Keysight Technologies's highest Shiller PE Ratio was 54.49. The lowest was 32.78. And the median was 45.24.

KEYS's Shiller PE Ratio is ranked worse than
70.58% of 1380 companies
in the Hardware industry
Industry Median: 23.795 vs KEYS: 39.41

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.

Keysight Technologies's adjusted earnings per share data for the three months ended in Jan. 2024 was $0.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.73 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keysight Technologies Shiller PE Ratio Historical Data

The historical data trend for Keysight Technologies'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.

Keysight Technologies Shiller PE Ratio Chart

Keysight Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 51.83 32.94

Keysight Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 52.26 40.82 44.19 32.94 41.04

Competitive Comparison of Keysight Technologies's Shiller PE Ratio

For the Scientific & Technical Instruments subindustry, Keysight Technologies'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.


Keysight Technologies's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Keysight Technologies's Shiller PE Ratio distribution charts can be found below:

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



Keysight Technologies 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.

Keysight Technologies's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=146.99/3.73
=39.41

* 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.

Keysight Technologies's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Keysight Technologies's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.98/129.4194*129.4194
=0.980

Current CPI (Jan. 2024) = 129.4194.

Keysight Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.659 100.023 0.853
201407 0.641 100.520 0.825
201410 0.605 100.176 0.782
201501 0.410 98.604 0.538
201504 0.560 99.824 0.726
201507 0.410 100.691 0.527
201510 1.610 100.346 2.076
201601 0.370 99.957 0.479
201604 0.510 100.947 0.654
201607 0.530 101.524 0.676
201610 0.540 101.988 0.685
201701 0.630 102.456 0.796
201704 0.270 103.167 0.339
201707 -0.100 103.278 -0.125
201710 -0.200 104.070 -0.249
201801 0.500 104.578 0.619
201804 0.340 105.708 0.416
201807 0.630 106.324 0.767
201810 -0.610 106.695 -0.740
201901 0.600 106.200 0.731
201904 0.800 107.818 0.960
201907 0.830 108.250 0.992
201910 1.020 108.577 1.216
202001 0.860 108.841 1.023
202004 0.370 108.173 0.443
202007 0.930 109.318 1.101
202010 1.150 109.861 1.355
202101 0.920 110.364 1.079
202104 0.990 112.673 1.137
202107 1.360 115.183 1.528
202110 1.520 116.696 1.686
202201 1.240 118.619 1.353
202204 1.410 121.978 1.496
202207 1.870 125.002 1.936
202210 1.660 125.734 1.709
202301 1.450 126.223 1.487
202304 1.580 127.992 1.598
202307 1.610 128.974 1.616
202310 1.280 129.810 1.276
202401 0.980 129.419 0.980

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.


Keysight Technologies  (NYSE:KEYS) 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.


Keysight Technologies Shiller PE Ratio Related Terms

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


Keysight Technologies (Keysight Technologies) Business Description

Traded in Other Exchanges
Address
1400 Fountaingrove Parkway, Santa Rosa, CA, USA, 95403-1738
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.
Executives
Ronald S. Nersesian director, officer: CEO 5301 STEVENS CREEK BLVD., MS 1A-LC, SANTA CLARA CA 95051
Kailash Narayanan officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Neil Dougherty officer: SVP & CFO 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Huei Sin Ee officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
John Page officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Jeffrey K Li officer: SVP and Secretary 1400 FOUNTAINGROVE PKWY, SANTA ROSA CA 95403
Soon Chai Gooi officer: SVP 5301 STEVENS CREEK BLVD., SANTA CLARA CA 95051
James Cullen director 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051
Satish Dhanasekaran officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Lisa M. Poole officer: VP and Controller 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Richard P Hamada director 2211 S 47TH ST, PHOENIX AZ 85034
Kevin A Stephens director 1220 AUGUSTA DRIVE, SUITE 600, HOUSTON TX 77057
Charles J Dockendorff director COVIDIEN LTD., 15 HAMPSHIRE STREET, MANSFIELD MA 02048
Ingrid A Estrada officer: SVP 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
John C. Skinner officer: VP & Controller 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403