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PACCAR (BSP:P1AC34) Shiller PE Ratio : 23.53 (As of May. 25, 2024)


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What is PACCAR Shiller PE Ratio?

As of today (2024-05-25), PACCAR's current share price is R$270.40. PACCAR's E10 for the quarter that ended in Mar. 2024 was R$11.49. PACCAR's Shiller PE Ratio for today is 23.53.

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

BSP:P1AC34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.87   Med: 20.17   Max: 27.72
Current: 23.25

During the past years, PACCAR's highest Shiller PE Ratio was 27.72. The lowest was 12.87. And the median was 20.17.

BSP:P1AC34's Shiller PE Ratio is ranked worse than
54.74% of 137 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 22.26 vs BSP:P1AC34: 23.25

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.

PACCAR's adjusted earnings per share data for the three months ended in Mar. 2024 was R$5.652. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$11.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PACCAR Shiller PE Ratio Historical Data

The historical data trend for PACCAR'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.

PACCAR Shiller PE Ratio Chart

PACCAR 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 19.45 19.84 18.21 17.59 21.86

PACCAR 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 18.79 20.40 19.80 21.86 26.32

Competitive Comparison of PACCAR's Shiller PE Ratio

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.


PACCAR's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Shiller PE Ratio distribution charts can be found below:

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



PACCAR 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.

PACCAR's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=270.40/11.49
=23.53

* 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.

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

For example, PACCAR'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)
=5.652/131.7762*131.7762
=5.652

Current CPI (Mar. 2024) = 131.7762.

PACCAR Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.671 100.560 0.879
201409 0.810 100.428 1.063
201412 0.978 99.070 1.301
201503 1.110 99.621 1.468
201506 1.307 100.684 1.711
201509 1.574 100.392 2.066
201512 1.268 99.792 1.674
201603 -2.083 100.470 -2.732
201606 1.563 101.688 2.025
201609 1.063 101.861 1.375
201612 0.917 101.863 1.186
201703 0.917 102.862 1.175
201706 1.164 103.349 1.484
201709 1.190 104.136 1.506
201712 1.834 104.011 2.324
201803 1.585 105.290 1.984
201806 1.999 106.317 2.478
201809 2.123 106.507 2.627
201812 2.136 105.998 2.655
201903 2.317 107.251 2.847
201906 2.288 108.070 2.790
201909 2.403 108.329 2.923
201912 2.093 108.420 2.544
202003 1.678 108.902 2.030
202006 0.744 108.767 0.901
202009 1.998 109.815 2.398
202012 2.006 109.897 2.405
202103 2.536 111.754 2.990
202106 2.380 114.631 2.736
202109 1.918 115.734 2.184
202112 2.771 117.630 3.104
202203 2.861 121.301 3.108
202206 3.458 125.017 3.645
202209 3.854 125.227 4.056
202212 4.616 125.222 4.858
202303 3.646 127.348 3.773
202306 5.655 128.729 5.789
202309 5.778 129.860 5.863
202312 6.615 129.419 6.735
202403 5.652 131.776 5.652

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.


PACCAR  (BSP:P1AC34) 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.


PACCAR Shiller PE Ratio Related Terms

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


PACCAR (BSP:P1AC34) Business Description

Traded in Other Exchanges
Address
777-106th Avenue N.E., Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

PACCAR (BSP:P1AC34) Headlines

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