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Leggett & Platt (FRA:LP1) Shiller PE Ratio : 6.37 (As of May. 06, 2024)


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What is Leggett & Platt Shiller PE Ratio?

As of today (2024-05-06), Leggett & Platt's current share price is €13.06. Leggett & Platt's E10 for the quarter that ended in Mar. 2024 was €2.05. Leggett & Platt's Shiller PE Ratio for today is 6.37.

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

FRA:LP1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.25   Med: 25.25   Max: 45.21
Current: 6.25

During the past years, Leggett & Platt's highest Shiller PE Ratio was 45.21. The lowest was 6.25. And the median was 25.25.

FRA:LP1's Shiller PE Ratio is ranked better than
90.38% of 260 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 19.22 vs FRA:LP1: 6.25

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.

Leggett & Platt's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.212. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leggett & Platt Shiller PE Ratio Historical Data

The historical data trend for Leggett & Platt'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.

Leggett & Platt Shiller PE Ratio Chart

Leggett & Platt 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 26.63 22.37 17.96 13.16 11.60

Leggett & Platt 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 12.82 11.89 10.21 11.60 8.58

Competitive Comparison of Leggett & Platt's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, Leggett & Platt'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.


Leggett & Platt's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Leggett & Platt's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Leggett & Platt's Shiller PE Ratio falls into.



Leggett & Platt 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.

Leggett & Platt's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.06/2.05
=6.37

* 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.

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

For example, Leggett & Platt'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)
=0.212/129.4194*129.4194
=0.212

Current CPI (Mar. 2024) = 129.4194.

Leggett & Platt Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.125 100.560 -0.161
201409 0.264 100.428 0.340
201412 0.114 99.070 0.149
201503 0.462 99.621 0.600
201506 0.481 100.684 0.618
201509 0.597 100.392 0.770
201512 0.523 99.792 0.678
201603 0.566 100.470 0.729
201606 0.774 101.688 0.985
201609 0.597 101.861 0.759
201612 0.559 101.863 0.710
201703 0.580 102.862 0.730
201706 0.570 103.349 0.714
201709 0.503 104.136 0.625
201712 0.226 104.011 0.281
201803 0.462 105.290 0.568
201806 0.539 106.317 0.656
201809 0.574 106.507 0.697
201812 0.343 105.998 0.419
201903 0.398 107.251 0.480
201906 0.566 108.070 0.678
201909 0.672 108.329 0.803
201912 0.576 108.420 0.688
202003 0.299 108.902 0.355
202006 -0.044 108.767 -0.052
202009 0.671 109.815 0.791
202012 0.625 109.897 0.736
202103 0.538 111.754 0.623
202106 0.681 114.631 0.769
202109 0.604 115.734 0.675
202112 0.681 117.630 0.749
202203 0.599 121.301 0.639
202206 0.662 125.017 0.685
202209 0.525 125.227 0.543
202212 0.367 125.222 0.379
202303 0.364 127.348 0.370
202306 0.369 128.729 0.371
202309 0.365 129.860 0.364
202312 -1.999 129.419 -1.999
202403 0.212 129.419 0.212

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.


Leggett & Platt  (FRA:LP1) 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.


Leggett & Platt Shiller PE Ratio Related Terms

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Leggett & Platt (FRA:LP1) Business Description

Traded in Other Exchanges
Address
No. 1 Leggett Road, Carthage, MO, USA, 64836
Leggett & Platt Inc designs and produces engineered components and products found in most homes and automobiles. It operates its business through three segments namely Bedding Products, Specialized Products, and Furniture, Flooring and Textile Products. Serving a broad suite of customers around the world, Leggett & Platt's products include bedding components, automotive seat support and lumbar systems, specialty bedding foam and private label finished mattresses, components for home furniture and work furniture, flooring underlayment, adjustable beds, and various other products.

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