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Motorola Solutions (Motorola Solutions) Shiller PE Ratio

: 57.56 (As of Today)
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As of today (2024-04-18), Motorola Solutions's current share price is $339.62. Motorola Solutions's E10 for the quarter that ended in Dec. 2023 was $5.90. Motorola Solutions's Shiller PE Ratio for today is 57.56.

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

MSI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.53   Med: 47.97   Max: 121.21
Current: 57.56

During the past years, Motorola Solutions's highest Shiller PE Ratio was 121.21. The lowest was 17.53. And the median was 47.97.

MSI's Shiller PE Ratio is ranked worse than
83.31% of 1354 companies
in the Hardware industry
Industry Median: 23.57 vs MSI: 57.56

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.

Motorola Solutions's adjusted earnings per share data for the three months ended in Dec. 2023 was $3.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Motorola Solutions Shiller PE Ratio Historical Data

The historical data trend for Motorola Solutions'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.

Motorola Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.75 42.80 59.55 48.92 53.04

Motorola Solutions 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 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 Premium Member Only Premium Member Only Premium Member Only 48.92 52.69 52.54 47.36 53.04

Competitive Comparison

For the Communication Equipment subindustry, Motorola Solutions'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.


Motorola Solutions Shiller PE Ratio Distribution

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

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



Motorola Solutions 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.

Motorola Solutions's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=339.62/5.9
=57.56

* 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.

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

For example, Motorola Solutions'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)
=3.47/129.4194*129.4194
=3.470

Current CPI (Dec. 2023) = 129.4194.

Motorola Solutions Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.490 99.695 0.636
201406 3.220 100.560 4.144
201409 0.590 100.428 0.760
201412 0.870 99.070 1.137
201503 0.340 99.621 0.442
201506 0.680 100.684 0.874
201509 0.570 100.392 0.735
201512 1.570 99.792 2.036
201603 0.100 100.470 0.129
201606 0.610 101.688 0.776
201609 1.130 101.861 1.436
201612 1.430 101.863 1.817
201703 0.450 102.862 0.566
201706 0.780 103.349 0.977
201709 1.250 104.136 1.553
201712 -3.560 104.011 -4.430
201803 0.690 105.290 0.848
201806 1.050 106.317 1.278
201809 1.430 106.507 1.738
201812 2.440 105.998 2.979
201903 0.860 107.251 1.038
201906 1.180 108.070 1.413
201909 1.510 108.329 1.804
201912 1.390 108.420 1.659
202003 1.120 108.902 1.331
202006 0.780 108.767 0.928
202009 1.180 109.815 1.391
202012 2.370 109.897 2.791
202103 1.410 111.754 1.633
202106 1.690 114.631 1.908
202109 1.760 115.734 1.968
202112 2.300 117.630 2.531
202203 1.540 121.301 1.643
202206 1.330 125.017 1.377
202209 1.630 125.227 1.685
202212 3.430 125.222 3.545
202303 1.610 127.348 1.636
202306 2.150 128.729 2.162
202309 2.700 129.860 2.691
202312 3.470 129.419 3.470

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.


Motorola Solutions  (NYSE:MSI) 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.


Motorola Solutions Shiller PE Ratio Related Terms

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


Motorola Solutions (Motorola Solutions) Business Description

Address
500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
Executives
John P Molloy officer: EVP and COO 500 WEST MONROE ST., CHICAGO IL 60661
Cynthia Yazdi officer: SVP, Communications & Brand 500 WEST MONROE STREET, CHICAGO IL 60661
Jason J Winkler officer: EVP and CFO 500 WEST MONROE STREET, CHICAGO IL 60661
Rajan Naik officer: SVP, Strategy & Ventures 500 WEST MONROE STREET, CHICAGO IL 60661
James A Niewiara officer: SVP, GENERAL COUNSEL MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Katherine A Maher officer: CVP and CAO 500 WEST MONROE ST., CHICAGO IL 60661
Gregory Q Brown director, officer: Chairman and CEO 500 WEST MONROE ST., CHICAGO IL 60661
Kenneth D Denman director
Karen E Dunning officer: SVP, Human Resources MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Mark S. Hacker officer: EVP, GC & Chief Admin Officer 500 WEST MONROE ST., CHICAGO IL 60661
Joseph M Tucci director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Clayton M Jones director 400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Judy C Lewent director PO BOX 100, WHITEHOUSE STATION NJ 08889
Ayanna Howard director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Mahesh Saptharishi officer: EVP and CTO 500 WEST MONROE ST., CHICAGO IL 60661