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CNH Industrial NV (MIL:1CNHI) Shiller PE Ratio : 14.81 (As of May. 11, 2024)


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What is CNH Industrial NV Shiller PE Ratio?

As of today (2024-05-11), CNH Industrial NV's current share price is €10.66. CNH Industrial NV's E10 for the quarter that ended in Mar. 2024 was €0.72. CNH Industrial NV's Shiller PE Ratio for today is 14.81.

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

MIL:1CNHI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.64   Med: 20.69   Max: 28.76
Current: 15.23

During the past years, CNH Industrial NV's highest Shiller PE Ratio was 28.76. The lowest was 13.64. And the median was 20.69.

MIL:1CNHI's Shiller PE Ratio is ranked better than
70.8% of 137 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 23.06 vs MIL:1CNHI: 15.23

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.

CNH Industrial NV's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.285. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CNH Industrial NV Shiller PE Ratio Historical Data

The historical data trend for CNH Industrial NV'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.

CNH Industrial NV Shiller PE Ratio Chart

CNH Industrial NV 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 - - - 24.77 16.16

CNH Industrial NV 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 22.73 20.29 16.53 16.16 16.71

Competitive Comparison of CNH Industrial NV's Shiller PE Ratio

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV'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.


CNH Industrial NV's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

* The bar in red indicates where CNH Industrial NV's Shiller PE Ratio falls into.



CNH Industrial NV 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.

CNH Industrial NV's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=10.66/0.72
=14.81

* 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.

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

For example, CNH Industrial NV'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)
=0.285/130.0000*130.0000
=0.285

Current CPI (Mar. 2024) = 130.0000.

CNH Industrial NV Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.191 99.800 0.249
201409 0.101 100.000 0.131
201412 0.049 99.900 0.064
201503 0.018 99.600 0.023
201506 0.080 100.100 0.104
201509 -0.080 100.200 -0.104
201512 0.156 100.400 0.202
201603 -0.341 100.400 -0.442
201606 0.089 101.000 0.115
201609 0.027 101.500 0.035
201612 0.066 102.200 0.084
201703 0.028 102.700 0.035
201706 0.151 103.500 0.190
201709 0.025 104.300 0.031
201712 -0.025 105.000 -0.031
201803 0.114 105.100 0.141
201806 0.248 105.900 0.304
201809 0.137 106.600 0.167
201812 0.167 107.100 0.203
201903 0.168 107.000 0.204
201906 0.274 107.900 0.330
201909 0.427 108.400 0.512
201912 0.072 108.500 0.086
202003 -0.045 108.600 -0.054
202006 0.231 108.800 0.276
202009 -0.594 109.200 -0.707
202012 0.099 109.400 0.118
202103 0.252 109.700 0.299
202106 0.423 111.400 0.494
202109 0.204 112.400 0.236
202112 0.195 114.700 0.221
202203 0.218 116.500 0.243
202206 0.378 120.500 0.408
202209 0.414 122.300 0.440
202212 0.406 125.300 0.421
202303 0.327 126.800 0.335
202306 0.480 129.400 0.482
202309 0.394 130.100 0.394
202312 0.422 130.000 0.422
202403 0.285 130.000 0.285

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.


CNH Industrial NV  (MIL:1CNHI) 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.


CNH Industrial NV Shiller PE Ratio Related Terms

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


CNH Industrial NV (MIL:1CNHI) Business Description

Traded in Other Exchanges
Address
25 St. James's Street, London, GBR, SW1A 1HA
CNH Industrial is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. The company's products are available through a robust dealer network, which includes over 3,600 dealer and distribution locations globally. CNH's finance arm provides retail financing for equipment to its customers in addition to wholesale financing for dealers, which increases the likelihood of product sales.

CNH Industrial NV (MIL:1CNHI) Headlines

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