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Manhattan Associates (STU:MHT) Shiller PE Ratio : 109.29 (As of May. 11, 2024)


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What is Manhattan Associates Shiller PE Ratio?

As of today (2024-05-11), Manhattan Associates's current share price is €200.00. Manhattan Associates's E10 for the quarter that ended in Mar. 2024 was €1.83. Manhattan Associates's Shiller PE Ratio for today is 109.29.

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

STU:MHT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 37.23   Med: 79.14   Max: 137.43
Current: 108.47

During the past years, Manhattan Associates's highest Shiller PE Ratio was 137.43. The lowest was 37.23. And the median was 79.14.

STU:MHT's Shiller PE Ratio is ranked worse than
88.32% of 916 companies
in the Software industry
Industry Median: 30.885 vs STU:MHT: 108.47

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.

Manhattan Associates's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.791. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manhattan Associates Shiller PE Ratio Historical Data

The historical data trend for Manhattan Associates'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.

Manhattan Associates Shiller PE Ratio Chart

Manhattan Associates 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 67.22 80.80 103.33 70.40 110.29

Manhattan Associates 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 86.33 108.19 103.50 110.29 124.67

Competitive Comparison of Manhattan Associates's Shiller PE Ratio

For the Software - Application subindustry, Manhattan Associates'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.


Manhattan Associates's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Manhattan Associates's Shiller PE Ratio distribution charts can be found below:

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



Manhattan Associates 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.

Manhattan Associates's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=200.00/1.83
=109.29

* 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.

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

For example, Manhattan Associates'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)
=0.791/129.4194*129.4194
=0.791

Current CPI (Mar. 2024) = 129.4194.

Manhattan Associates Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.199 100.560 0.256
201409 0.233 100.428 0.300
201412 0.219 99.070 0.286
201503 0.286 99.621 0.372
201506 0.312 100.684 0.401
201509 0.339 100.392 0.437
201512 0.330 99.792 0.428
201603 0.341 100.470 0.439
201606 0.409 101.688 0.521
201609 0.419 101.861 0.532
201612 0.398 101.863 0.506
201703 0.374 102.862 0.471
201706 0.401 103.349 0.502
201709 0.394 104.136 0.490
201712 0.304 104.011 0.378
201803 0.268 105.290 0.329
201806 0.360 106.317 0.438
201809 0.369 106.507 0.448
201812 0.352 105.998 0.430
201903 0.283 107.251 0.341
201906 0.283 108.070 0.339
201909 0.381 108.329 0.455
201912 0.234 108.420 0.279
202003 0.317 108.902 0.377
202006 0.266 108.767 0.317
202009 0.331 109.815 0.390
202012 0.263 109.897 0.310
202103 0.294 111.754 0.340
202106 0.398 114.631 0.449
202109 0.485 115.734 0.542
202112 0.283 117.630 0.311
202203 0.436 121.301 0.465
202206 0.464 125.017 0.480
202209 0.475 125.227 0.491
202212 0.566 125.222 0.585
202303 0.579 127.348 0.588
202306 0.581 128.729 0.584
202309 0.740 129.860 0.737
202312 0.715 129.419 0.715
202403 0.791 129.419 0.791

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.


Manhattan Associates  (STU:MHT) 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.


Manhattan Associates Shiller PE Ratio Related Terms

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


Manhattan Associates (STU:MHT) Business Description

Traded in Other Exchanges
Address
2300 Windy Ridge Parkway, Tenth Floor, Atlanta, GA, USA, 30339
Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers around the world.