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Trex Co (FRA:TRR) Shiller PE Ratio : 71.86 (As of May. 05, 2024)


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What is Trex Co Shiller PE Ratio?

As of today (2024-05-05), Trex Co's current share price is €84.80. Trex Co's E10 for the quarter that ended in Dec. 2023 was €1.18. Trex Co's Shiller PE Ratio for today is 71.86.

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

FRA:TRR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 38.42   Med: 116.95   Max: 1229
Current: 71

During the past years, Trex Co's highest Shiller PE Ratio was 1229.00. The lowest was 38.42. And the median was 116.95.

FRA:TRR's Shiller PE Ratio is ranked worse than
93.12% of 988 companies
in the Construction industry
Industry Median: 15.775 vs FRA:TRR: 71.00

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.

Trex Co's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.183. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trex Co Shiller PE Ratio Historical Data

The historical data trend for Trex Co'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.

Trex Co Shiller PE Ratio Chart

Trex Co 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 95.31 130.87 153.00 38.40 63.88

Trex Co 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 38.40 42.74 54.19 47.58 63.88

Competitive Comparison of Trex Co's Shiller PE Ratio

For the Building Products & Equipment subindustry, Trex Co'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.


Trex Co's Shiller PE Ratio Distribution in the Construction Industry

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

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



Trex Co 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.

Trex Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=84.80/1.18
=71.86

* 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.

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

For example, Trex Co'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)
=0.183/129.4194*129.4194
=0.183

Current CPI (Dec. 2023) = 129.4194.

Trex Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.067 99.695 0.087
201406 0.085 100.560 0.109
201409 0.054 100.428 0.070
201412 0.032 99.070 0.042
201503 0.127 99.621 0.165
201506 0.129 100.684 0.166
201509 0.027 100.392 0.035
201512 0.060 99.792 0.078
201603 0.177 100.470 0.228
201606 0.178 101.688 0.227
201609 0.058 101.861 0.074
201612 0.104 101.863 0.132
201703 0.222 102.862 0.279
201706 0.218 103.349 0.273
201709 0.143 104.136 0.178
201712 0.131 104.011 0.163
201803 0.255 105.290 0.313
201806 0.312 106.317 0.380
201809 0.214 106.507 0.260
201812 0.189 105.998 0.231
201903 0.239 107.251 0.288
201906 0.270 108.070 0.323
201909 0.327 108.329 0.391
201912 0.275 108.420 0.328
202003 0.326 108.902 0.387
202006 0.364 108.767 0.433
202009 0.314 109.815 0.370
202012 0.304 109.897 0.358
202103 0.353 111.754 0.409
202106 0.440 114.631 0.497
202109 0.544 115.734 0.608
202112 0.195 117.630 0.215
202203 0.563 121.301 0.601
202206 0.747 125.017 0.773
202209 0.131 125.227 0.135
202212 0.085 125.222 0.088
202303 0.355 127.348 0.361
202306 0.655 128.729 0.659
202309 0.562 129.860 0.560
202312 0.183 129.419 0.183

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.


Trex Co  (FRA:TRR) 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.


Trex Co Shiller PE Ratio Related Terms

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


Trex Co (FRA:TRR) Business Description

Traded in Other Exchanges
Address
160 Exeter Drive, Winchester, VA, USA, 22603-8605
Trex Co Inc is a manufacturer of wooden alternative-decking products. The company offers outdoor products in the decking, railing, porch, fencing, trim, steel deck framing, and outdoor lighting categories. Its products are sold under the Trex brand and manufactured in the United States. Further, the company licenses its Trex brand to third parties to manufacture and sell products under the Trex trademark. The distribution is focused on wholesale distributors and retail lumber dealers, which in turn sell Trex products to homeowners and contractors, with an emphasis on professional contractors, remodelers, and homebuilders. The company operates in two reportable segments Trex Residential and Trex Commercial. The majority of revenue is derived from the Trex Residential segment.

Trex Co (FRA:TRR) Headlines