GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Camtek Ltd (XTAE:CAMT) » Definitions » Shiller PE Ratio

Camtek (XTAE:CAMT) Shiller PE Ratio : 119.08 (As of May. 13, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Camtek Shiller PE Ratio?

As of today (2024-05-13), Camtek's current share price is ₪337.00. Camtek's E10 for the quarter that ended in Mar. 2024 was ₪2.83. Camtek's Shiller PE Ratio for today is 119.08.

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

XTAE:CAMT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 39.11   Med: 86.83   Max: 281.67
Current: 116.92

During the past years, Camtek's highest Shiller PE Ratio was 281.67. The lowest was 39.11. And the median was 86.83.

XTAE:CAMT's Shiller PE Ratio is ranked worse than
91.62% of 513 companies
in the Semiconductors industry
Industry Median: 28.31 vs XTAE:CAMT: 116.92

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.

Camtek's adjusted earnings per share data for the three months ended in Mar. 2024 was ₪1.898. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₪2.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Camtek Shiller PE Ratio Historical Data

The historical data trend for Camtek'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.

Camtek Shiller PE Ratio Chart

Camtek 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 60.69 98.61 130.53 40.38 95.66

Camtek 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 47.81 56.01 90.46 95.66 108.28

Competitive Comparison of Camtek's Shiller PE Ratio

For the Semiconductor Equipment & Materials subindustry, Camtek'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.


Camtek's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



Camtek 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.

Camtek's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=337.00/2.83
=119.08

* 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.

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

For example, Camtek'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)
=1.898/129.4194*129.4194
=1.898

Current CPI (Mar. 2024) = 129.4194.

Camtek Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.261 100.560 0.336
201409 0.074 100.428 0.095
201412 0.008 99.070 0.010
201503 0.006 99.621 0.008
201506 0.074 100.684 0.095
201509 0.112 100.392 0.144
201512 -1.265 99.792 -1.641
201603 0.003 100.470 0.004
201606 0.149 101.688 0.190
201609 0.112 101.861 0.142
201612 0.261 101.863 0.332
201703 0.335 102.862 0.421
201706 -0.409 103.349 -0.512
201709 1.191 104.136 1.480
201712 0.298 104.011 0.371
201803 0.372 105.290 0.457
201806 0.447 106.317 0.544
201809 0.521 106.507 0.633
201812 0.595 105.998 0.726
201903 0.595 107.251 0.718
201906 0.707 108.070 0.847
201909 0.409 108.329 0.489
201912 0.444 108.420 0.530
202003 0.261 108.902 0.310
202006 0.484 108.767 0.576
202009 0.558 109.815 0.658
202012 0.670 109.897 0.789
202103 1.116 111.754 1.292
202106 1.303 114.631 1.471
202109 1.526 115.734 1.706
202112 1.042 117.630 1.146
202203 1.451 121.301 1.548
202206 1.489 125.017 1.541
202209 1.600 125.227 1.654
202212 1.675 125.222 1.731
202303 1.340 127.348 1.362
202306 1.414 128.729 1.422
202309 1.712 129.860 1.706
202312 1.563 129.419 1.563
202403 1.898 129.419 1.898

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.


Camtek  (XTAE:CAMT) 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.


Camtek Shiller PE Ratio Related Terms

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


Camtek (XTAE:CAMT) Business Description

Traded in Other Exchanges
Address
Ramat Gavriel Industrial Zone, P.O. Box 544, Migdal HaEmek, ISR, 23150
Camtek Ltd is engaged in the manufacturing of metrology and inspection equipment and a provider of software solutions serving Advanced Packaging, Memory, (complementary metal oxide semiconductor) CMOS Image Sensors, (micro-electro mechanical systems) MEMS, RF, and others. Geographically, it derives maximum revenue from the Asia Pacific followed by the United States and Europe. The company products and services include Surface Inspection, Bump Inspection and Metrology, and others.