GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ASML Holding NV (WAR:ASML) » Definitions » Shiller PE Ratio

ASML Holding NV (WAR:ASML) Shiller PE Ratio : 88.54 (As of May. 17, 2024)


View and export this data going back to 2023. Start your Free Trial

What is ASML Holding NV Shiller PE Ratio?

As of today (2024-05-17), ASML Holding NV's current share price is zł3685.00. ASML Holding NV's E10 for the quarter that ended in Mar. 2024 was zł41.62. ASML Holding NV's Shiller PE Ratio for today is 88.54.

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

WAR:ASML' s Shiller PE Ratio Range Over the Past 10 Years
Min: 29.27   Med: 53.35   Max: 145.84
Current: 88.79

During the past years, ASML Holding NV's highest Shiller PE Ratio was 145.84. The lowest was 29.27. And the median was 53.35.

WAR:ASML's Shiller PE Ratio is ranked worse than
88.43% of 510 companies
in the Semiconductors industry
Industry Median: 27.96 vs WAR:ASML: 88.79

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.

ASML Holding NV's adjusted earnings per share data for the three months ended in Mar. 2024 was zł13.281. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is zł41.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASML Holding NV Shiller PE Ratio Historical Data

The historical data trend for ASML Holding 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.

ASML Holding NV Shiller PE Ratio Chart

ASML Holding 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 63.26 84.52 119.66 66.66 72.95

ASML Holding 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 78.05 77.99 62.00 72.95 93.09

Competitive Comparison of ASML Holding NV's Shiller PE Ratio

For the Semiconductor Equipment & Materials subindustry, ASML Holding 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.


ASML Holding NV's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



ASML Holding 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.

ASML Holding NV's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3685.00/41.62
=88.54

* 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.

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

For example, ASML Holding 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)
=13.281/128.5800*128.5800
=13.281

Current CPI (Mar. 2024) = 128.5800.

ASML Holding NV Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 4.804 99.240 6.224
201409 2.835 99.960 3.647
201412 3.391 99.050 4.402
201503 3.954 99.750 5.097
201506 3.748 100.230 4.808
201509 3.307 100.500 4.231
201512 2.910 99.730 3.752
201603 2.013 100.310 2.580
201606 3.664 100.260 4.699
201609 4.101 100.570 5.243
201612 5.056 100.710 6.455
201703 4.412 101.440 5.592
201706 4.768 101.370 6.048
201709 6.041 102.030 7.613
201712 6.928 101.970 8.736
201803 6.104 102.470 7.659
201806 6.288 103.100 7.842
201809 7.335 103.950 9.073
201812 8.314 103.970 10.282
201903 3.729 105.370 4.550
201906 5.017 105.840 6.095
201909 6.447 106.700 7.769
201912 11.743 106.800 14.138
202003 4.037 106.850 4.858
202006 7.920 107.510 9.472
202009 11.708 107.880 13.955
202012 15.438 107.850 18.405
202103 14.967 108.870 17.677
202106 11.929 109.670 13.986
202109 19.691 110.790 22.853
202112 19.445 114.010 21.930
202203 7.486 119.460 8.058
202206 14.702 119.050 15.879
202209 16.688 126.890 16.910
202212 19.145 124.940 19.703
202303 20.822 124.720 21.466
202306 20.985 125.830 21.444
202309 20.169 127.160 20.394
202312 22.279 126.450 22.654
202403 13.281 128.580 13.281

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.


ASML Holding NV  (WAR:ASML) 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.


ASML Holding NV Shiller PE Ratio Related Terms

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


ASML Holding NV (WAR:ASML) Business Description

Address
De Run 6501, Veldhoven, NB, NLD, 5504 DR
ASML is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's main clients are TSMC, Samsung, and Intel.