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Textron (BSP:T1XT34) Shiller PE Ratio : 31.78 (As of May. 13, 2024)


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What is Textron Shiller PE Ratio?

As of today (2024-05-13), Textron's current share price is R$442.40. Textron's E10 for the quarter that ended in Mar. 2024 was R$13.92. Textron's Shiller PE Ratio for today is 31.78.

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

BSP:T1XT34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.37   Med: 22.88   Max: 43.53
Current: 24.08

During the past years, Textron's highest Shiller PE Ratio was 43.53. The lowest was 9.37. And the median was 22.88.

BSP:T1XT34's Shiller PE Ratio is ranked better than
72.06% of 136 companies
in the Aerospace & Defense industry
Industry Median: 39.105 vs BSP:T1XT34: 24.08

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.

Textron's adjusted earnings per share data for the three months ended in Mar. 2024 was R$5.129. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$13.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Textron Shiller PE Ratio Historical Data

The historical data trend for Textron'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.

Textron Shiller PE Ratio Chart

Textron 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 18.71 19.18 26.27 21.62 22.26

Textron 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 20.97 19.42 21.69 22.26 26.09

Competitive Comparison of Textron's Shiller PE Ratio

For the Aerospace & Defense subindustry, Textron'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.


Textron's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Textron's Shiller PE Ratio distribution charts can be found below:

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



Textron 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.

Textron's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=442.40/13.92
=31.78

* 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.

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

For example, Textron'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)
=5.129/129.4194*129.4194
=5.129

Current CPI (Mar. 2024) = 129.4194.

Textron Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.140 100.560 1.467
201409 1.333 100.428 1.718
201412 2.008 99.070 2.623
201503 1.445 99.621 1.877
201506 1.867 100.684 2.400
201509 2.459 100.392 3.170
201512 3.182 99.792 4.127
201603 2.034 100.470 2.620
201606 2.225 101.688 2.832
201609 5.042 101.861 6.406
201612 2.616 101.863 3.324
201703 1.157 102.862 1.456
201706 1.878 103.349 2.352
201709 1.879 104.136 2.335
201712 -1.336 104.011 -1.662
201803 2.361 105.290 2.902
201806 3.281 106.317 3.994
201809 9.286 106.507 11.284
201812 3.961 105.998 4.836
201903 2.919 107.251 3.522
201906 3.586 108.070 4.294
201909 3.914 108.329 4.676
201912 3.530 108.420 4.214
202003 1.075 108.902 1.278
202006 -2.075 108.767 -2.469
202009 2.700 109.815 3.182
202012 5.299 109.897 6.240
202103 4.226 111.754 4.894
202106 4.023 114.631 4.542
202109 4.329 115.734 4.841
202112 5.259 117.630 5.786
202203 4.379 121.301 4.672
202206 5.048 125.017 5.226
202209 5.558 125.227 5.744
202212 5.613 125.222 5.801
202303 4.792 127.348 4.870
202306 6.310 128.729 6.344
202309 6.667 129.860 6.644
202312 4.910 129.419 4.910
202403 5.129 129.419 5.129

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.


Textron  (BSP:T1XT34) 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.


Textron Shiller PE Ratio Related Terms

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


Textron (BSP:T1XT34) Business Description

Traded in Other Exchanges
Address
40 Westminster Street, Providence, RI, USA, 02903
Textron is a conglomerate that mostly designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. The firm's aviation segment manufactures and services Cessna and Beechcraft planes. Bell is a helicopter and tilt-rotor manufacturer and servicer for both commercial and military customers. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators and training for the commercial and military markets. Textron Industrial contains the Kautex business that manufactures plastic fuel tanks for conventional and hybrid motor vehicles and other subsidiaries that produce specialized vehicles such as golf carts, snowmobiles, and all-terrain vehicles.

Textron (BSP:T1XT34) Headlines

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