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NVE (STU:NVK) Shiller PE Ratio : 22.31 (As of May. 11, 2024)


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What is NVE Shiller PE Ratio?

As of today (2024-05-11), NVE's current share price is €70.50. NVE's E10 for the quarter that ended in Mar. 2024 was €3.16. NVE's Shiller PE Ratio for today is 22.31.

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

STU:NVK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.9   Med: 24.85   Max: 46.91
Current: 21.56

During the past years, NVE's highest Shiller PE Ratio was 46.91. The lowest was 13.90. And the median was 24.85.

STU:NVK's Shiller PE Ratio is ranked better than
64.79% of 514 companies
in the Semiconductors industry
Industry Median: 28.415 vs STU:NVK: 21.56

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.

NVE's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.727. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NVE Shiller PE Ratio Historical Data

The historical data trend for NVE'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.

NVE Shiller PE Ratio Chart

NVE Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.96 24.29 17.30 23.95 25.21

NVE 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 23.95 27.65 23.03 21.99 25.21

Competitive Comparison of NVE's Shiller PE Ratio

For the Semiconductors subindustry, NVE'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.


NVE's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, NVE's Shiller PE Ratio distribution charts can be found below:

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



NVE 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.

NVE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=70.50/3.16
=22.31

* 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.

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

For example, NVE'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)
=0.727/129.4194*129.4194
=0.727

Current CPI (Mar. 2024) = 129.4194.

NVE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.611 100.560 0.786
201409 0.621 100.428 0.800
201412 0.462 99.070 0.604
201503 0.693 99.621 0.900
201506 0.695 100.684 0.893
201509 0.606 100.392 0.781
201512 0.487 99.792 0.632
201603 0.476 100.470 0.613
201606 0.579 101.688 0.737
201609 0.606 101.861 0.770
201612 0.683 101.863 0.868
201703 0.589 102.862 0.741
201706 0.605 103.349 0.758
201709 0.545 104.136 0.677
201712 0.625 104.011 0.778
201803 0.649 105.290 0.798
201806 0.693 106.317 0.844
201809 0.754 106.507 0.916
201812 0.624 105.998 0.762
201903 0.522 107.251 0.630
201906 0.655 108.070 0.784
201909 0.717 108.329 0.857
201912 0.693 108.420 0.827
202003 0.624 108.902 0.742
202006 0.444 108.767 0.528
202009 0.391 109.815 0.461
202012 0.666 109.897 0.784
202103 0.546 111.754 0.632
202106 0.614 114.631 0.693
202109 0.638 115.734 0.713
202112 0.637 117.630 0.701
202203 0.717 121.301 0.765
202206 0.814 125.017 0.843
202209 1.273 125.227 1.316
202212 0.831 125.222 0.859
202303 1.588 127.348 1.614
202306 0.840 128.729 0.845
202309 0.918 129.860 0.915
202312 0.798 129.419 0.798
202403 0.727 129.419 0.727

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.


NVE  (STU:NVK) 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.


NVE Shiller PE Ratio Related Terms

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


NVE (STU:NVK) Business Description

Traded in Other Exchanges
Address
11409 Valley View Road, Eden Prarie, MN, USA, 55344
NVE Corp develops and sells devices that use spintronics, a nanotechnology that relies on electron spin. It manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. The company's products include Digital sensors, Medical sensors, Rotation Sensors, GT Sensors, Angle Sensors, Analog sensors, MSOP Isolators, Passive-In Transceivers, and others. The company manufactures high-performance spintronic products including sensors and couplers. The company's designs are based on giant magnetoresistance GMR and tunneling magnetoresistance TMR combined with integrated circuitry.

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