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AAON (FRA:AAO) Shiller PE Ratio : 86.31 (As of May. 05, 2024)


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What is AAON Shiller PE Ratio?

As of today (2024-05-05), AAON's current share price is €77.68. AAON's E10 for the quarter that ended in Dec. 2023 was €0.90. AAON's Shiller PE Ratio for today is 86.31.

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

FRA:AAO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 35.61   Med: 54.26   Max: 91.15
Current: 78.68

During the past years, AAON's highest Shiller PE Ratio was 91.15. The lowest was 35.61. And the median was 54.26.

FRA:AAO's Shiller PE Ratio is ranked worse than
94.23% of 988 companies
in the Construction industry
Industry Median: 15.775 vs FRA:AAO: 78.68

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.

AAON's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.514. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AAON Shiller PE Ratio Historical Data

The historical data trend for AAON'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.

AAON Shiller PE Ratio Chart

AAON 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 62.60 73.82 75.92 61.26 74.13

AAON 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 61.26 74.79 69.71 59.49 74.13

Competitive Comparison of AAON's Shiller PE Ratio

For the Building Products & Equipment subindustry, AAON'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.


AAON's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, AAON's Shiller PE Ratio distribution charts can be found below:

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



AAON 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.

AAON's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=77.68/0.9
=86.31

* 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.

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

For example, AAON'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)
=0.514/129.4194*129.4194
=0.514

Current CPI (Dec. 2023) = 129.4194.

AAON Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.087 99.695 0.113
201406 0.098 100.560 0.126
201409 0.114 100.428 0.147
201412 0.103 99.070 0.135
201503 0.092 99.621 0.120
201506 0.119 100.684 0.153
201509 0.143 100.392 0.184
201512 0.147 99.792 0.191
201603 0.132 100.470 0.170
201606 0.160 101.688 0.204
201609 0.172 101.861 0.219
201612 0.133 101.863 0.169
201703 0.118 102.862 0.148
201706 0.154 103.349 0.193
201709 0.157 104.136 0.195
201712 0.169 104.011 0.210
201803 0.043 105.290 0.053
201806 0.126 106.317 0.153
201809 0.154 106.507 0.187
201812 0.141 105.998 0.172
201903 0.100 107.251 0.121
201906 0.148 108.070 0.177
201909 0.157 108.329 0.188
201912 0.198 108.420 0.236
202003 0.247 108.902 0.294
202006 0.201 108.767 0.239
202009 0.215 109.815 0.253
202012 0.192 109.897 0.226
202103 0.168 111.754 0.195
202106 0.210 114.631 0.237
202109 0.164 115.734 0.183
202112 0.065 117.630 0.072
202203 0.200 121.301 0.213
202206 0.189 125.017 0.196
202209 0.343 125.227 0.354
202212 0.447 125.222 0.462
202303 0.417 127.348 0.424
202306 0.505 128.729 0.508
202309 0.543 129.860 0.541
202312 0.514 129.419 0.514

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.


AAON  (FRA:AAO) 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.


AAON Shiller PE Ratio Related Terms

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


AAON (FRA:AAO) Business Description

Traded in Other Exchanges
Address
2425 South Yukon Avenue, Tulsa, OK, USA, 74107
AAON Inc is a manufacturer of air-conditioning and heating equipment. The products include rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, and self-contained units and coils. AAON's products serve the commercial and industrial new construction and replacement markets, primarily in North America.

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