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Kadant (STU:KDA) Shiller PE Ratio : 43.54 (As of May. 17, 2024)


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What is Kadant Shiller PE Ratio?

As of today (2024-05-17), Kadant's current share price is €256.00. Kadant's E10 for the quarter that ended in Mar. 2024 was €5.88. Kadant's Shiller PE Ratio for today is 43.54.

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

STU:KDA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.05   Med: 35.54   Max: 58.23
Current: 43.97

During the past years, Kadant's highest Shiller PE Ratio was 58.23. The lowest was 19.05. And the median was 35.54.

STU:KDA's Shiller PE Ratio is ranked worse than
73.58% of 1749 companies
in the Industrial Products industry
Industry Median: 26.05 vs STU:KDA: 43.97

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.

Kadant's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.932. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €5.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kadant Shiller PE Ratio Historical Data

The historical data trend for Kadant'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.

Kadant Shiller PE Ratio Chart

Kadant 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 32.64 39.44 54.57 34.22 46.05

Kadant 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 38.21 38.94 37.96 46.05 51.68

Competitive Comparison of Kadant's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Kadant'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.


Kadant's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kadant's Shiller PE Ratio distribution charts can be found below:

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



Kadant 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.

Kadant's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=256.00/5.88
=43.54

* 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.

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

For example, Kadant'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)
=1.932/131.7762*131.7762
=1.932

Current CPI (Mar. 2024) = 131.7762.

Kadant Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.515 100.560 0.675
201409 0.466 100.428 0.611
201412 0.665 99.070 0.885
201503 0.573 99.621 0.758
201506 0.677 100.684 0.886
201509 0.695 100.392 0.912
201512 0.863 99.792 1.140
201603 0.557 100.470 0.731
201606 0.668 101.688 0.866
201609 0.731 101.861 0.946
201612 0.654 101.863 0.846
201703 0.748 102.862 0.958
201706 0.641 103.349 0.817
201709 0.982 104.136 1.243
201712 0.059 104.011 0.075
201803 0.779 105.290 0.975
201806 0.924 106.317 1.145
201809 1.405 106.507 1.738
201812 1.415 105.998 1.759
201903 0.850 107.251 1.044
201906 1.257 108.070 1.533
201909 1.280 108.329 1.557
201912 0.684 108.420 0.831
202003 0.986 108.902 1.193
202006 0.888 108.767 1.076
202009 1.087 109.815 1.304
202012 1.151 109.897 1.380
202103 1.201 111.754 1.416
202106 1.627 114.631 1.870
202109 1.488 115.734 1.694
202112 1.832 117.630 2.052
202203 3.205 121.301 3.482
202206 2.119 125.017 2.234
202209 2.374 125.227 2.498
202212 2.105 125.222 2.215
202303 2.242 127.348 2.320
202306 2.344 128.729 2.399
202309 2.464 129.860 2.500
202312 2.137 129.419 2.176
202403 1.932 131.776 1.932

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.


Kadant  (STU:KDA) 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.


Kadant Shiller PE Ratio Related Terms

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


Kadant (STU:KDA) Business Description

Traded in Other Exchanges
Address
One Technology Park Drive, Westford, MA, USA, 01886
Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are: Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a global presence with sizable revenue from the U.S., Europe, Asia, and Canada.

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