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Motorola Solutions (FRA:MTLA) Shiller PE Ratio : 60.49 (As of May. 05, 2024)


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What is Motorola Solutions Shiller PE Ratio?

As of today (2024-05-05), Motorola Solutions's current share price is €323.00. Motorola Solutions's E10 for the quarter that ended in Mar. 2024 was €5.34. Motorola Solutions's Shiller PE Ratio for today is 60.49.

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

FRA:MTLA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.53   Med: 48.36   Max: 121.21
Current: 60.81

During the past years, Motorola Solutions's highest Shiller PE Ratio was 121.21. The lowest was 17.53. And the median was 48.36.

FRA:MTLA's Shiller PE Ratio is ranked worse than
83.62% of 1380 companies
in the Hardware industry
Industry Median: 23.795 vs FRA:MTLA: 60.81

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 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 €5.34 for the trailing ten years ended in Mar. 2024.

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 Shiller PE Ratio Chart

Motorola Solutions 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 44.75 42.80 59.55 48.92 53.04

Motorola Solutions 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 52.69 52.54 47.36 53.04 61.03

Competitive Comparison of Motorola Solutions's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the Hardware Industry

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
=323.00/5.34
=60.49

* 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 Mar. 2024 is calculated as:

For example, Motorola Solutions'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.

Motorola Solutions Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 2.370 100.560 3.050
201409 0.458 100.428 0.590
201412 0.706 99.070 0.922
201503 0.314 99.621 0.408
201506 0.606 100.684 0.779
201509 0.508 100.392 0.655
201512 1.441 99.792 1.869
201603 0.090 100.470 0.116
201606 0.543 101.688 0.691
201609 1.007 101.861 1.279
201612 1.356 101.863 1.723
201703 0.421 102.862 0.530
201706 0.694 103.349 0.869
201709 1.049 104.136 1.304
201712 -3.008 104.011 -3.743
201803 0.560 105.290 0.688
201806 0.899 106.317 1.094
201809 1.226 106.507 1.490
201812 2.145 105.998 2.619
201903 0.761 107.251 0.918
201906 1.044 108.070 1.250
201909 1.371 108.329 1.638
201912 1.251 108.420 1.493
202003 1.014 108.902 1.205
202006 0.693 108.767 0.825
202009 1.002 109.815 1.181
202012 1.948 109.897 2.294
202103 1.184 111.754 1.371
202106 1.403 114.631 1.584
202109 1.496 115.734 1.673
202112 2.036 117.630 2.240
202203 1.398 121.301 1.492
202206 1.258 125.017 1.302
202209 1.646 125.227 1.701
202212 3.238 125.222 3.347
202303 1.504 127.348 1.528
202306 1.984 128.729 1.995
202309 2.530 129.860 2.521
202312 3.182 129.419 3.182
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.


Motorola Solutions  (FRA:MTLA) 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 (FRA:MTLA) 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.

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