GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Terex Corp (FRA:TXG) » Definitions » Shiller PE Ratio

Terex (FRA:TXG) Shiller PE Ratio : 23.99 (As of May. 04, 2024)


View and export this data going back to . Start your Free Trial

What is Terex Shiller PE Ratio?

As of today (2024-05-04), Terex's current share price is €53.50. Terex's E10 for the quarter that ended in Mar. 2024 was €2.23. Terex's Shiller PE Ratio for today is 23.99.

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

FRA:TXG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.65   Med: 24.95   Max: 103.61
Current: 23.8

During the past years, Terex's highest Shiller PE Ratio was 103.61. The lowest was 8.65. And the median was 24.95.

FRA:TXG's Shiller PE Ratio is ranked worse than
56.2% of 137 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 22.26 vs FRA:TXG: 23.80

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.

Terex's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.472. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Terex Shiller PE Ratio Historical Data

The historical data trend for Terex'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.

Terex Shiller PE Ratio Chart

Terex 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 21.00 34.39 33.12 24.73 25.06

Terex 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 25.55 28.16 26.05 25.06 26.67

Competitive Comparison of Terex's Shiller PE Ratio

For the Farm & Heavy Construction Machinery subindustry, Terex'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.


Terex's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Terex's Shiller PE Ratio distribution charts can be found below:

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



Terex 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.

Terex's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=53.50/2.23
=23.99

* 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.

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

For example, Terex'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)
=1.472/129.4194*129.4194
=1.472

Current CPI (Mar. 2024) = 129.4194.

Terex Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.891 100.560 1.147
201409 0.435 100.428 0.561
201412 0.576 99.070 0.752
201503 0.009 99.621 0.012
201506 0.695 100.684 0.893
201509 0.356 100.392 0.459
201512 0.138 99.792 0.179
201603 -0.584 100.470 -0.752
201606 0.525 101.688 0.668
201609 0.793 101.861 1.008
201612 -2.389 101.863 -3.035
201703 -0.037 102.862 -0.047
201706 0.926 103.349 1.160
201709 0.554 104.136 0.689
201712 -0.270 104.011 -0.336
201803 0.503 105.290 0.618
201806 0.642 106.317 0.782
201809 0.437 106.507 0.531
201812 -0.396 105.998 -0.484
201903 -0.832 107.251 -1.004
201906 0.929 108.070 1.113
201909 0.272 108.329 0.325
201912 0.306 108.420 0.365
202003 -0.317 108.902 -0.377
202006 -0.115 108.767 -0.137
202009 0.068 109.815 0.080
202012 0.205 109.897 0.241
202103 0.479 111.754 0.555
202106 0.863 114.631 0.974
202109 0.578 115.734 0.646
202112 0.735 117.630 0.809
202203 0.663 121.301 0.707
202206 1.012 125.017 1.048
202209 1.212 125.227 1.253
202212 1.265 125.222 1.307
202303 1.532 127.348 1.557
202306 2.160 128.729 2.172
202309 1.640 129.860 1.634
202312 1.706 129.419 1.706
202403 1.472 129.419 1.472

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.


Terex  (FRA:TXG) 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.


Terex Shiller PE Ratio Related Terms

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


Terex (FRA:TXG) Business Description

Traded in Other Exchanges
Address
45 Glover Avenue, 4th Floor, Norwalk, CT, USA, 06850
Terex is a global manufacturer of aerial work platforms, materials processing equipment, and specialty equipment, such as material handlers, cranes, and concrete mixer trucks. Its current composition is a result of numerous acquisitions over several decades and a recent shift to focus on its two core segments after divesting a handful of underperforming businesses. Terex's remaining segments see heavy demand in nonresidential construction as well as in maintenance, manufacturing, energy, and materials management.