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Nucor (FRA:NUO) Shiller PE Ratio : 15.67 (As of May. 27, 2024)


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What is Nucor Shiller PE Ratio?

As of today (2024-05-27), Nucor's current share price is €157.04. Nucor's E10 for the quarter that ended in Mar. 2024 was €10.02. Nucor's Shiller PE Ratio for today is 15.67.

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

FRA:NUO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.56   Med: 18.03   Max: 32.27
Current: 15.78

During the past years, Nucor's highest Shiller PE Ratio was 32.27. The lowest was 10.56. And the median was 18.03.

FRA:NUO's Shiller PE Ratio is ranked worse than
50.12% of 401 companies
in the Steel industry
Industry Median: 15.78 vs FRA:NUO: 15.78

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.

Nucor's adjusted earnings per share data for the three months ended in Mar. 2024 was €3.183. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €10.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nucor Shiller PE Ratio Historical Data

The historical data trend for Nucor'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.

Nucor Shiller PE Ratio Chart

Nucor 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 19.38 17.00 21.03 15.56 16.79

Nucor 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 17.11 16.96 15.40 16.79 18.23

Competitive Comparison of Nucor's Shiller PE Ratio

For the Steel subindustry, Nucor'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.


Nucor's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nucor's Shiller PE Ratio distribution charts can be found below:

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



Nucor 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.

Nucor's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=157.04/10.02
=15.67

* 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.

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

For example, Nucor'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)
=3.183/131.7762*131.7762
=3.183

Current CPI (Mar. 2024) = 131.7762.

Nucor Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.339 100.560 0.444
201409 0.590 100.428 0.774
201412 0.527 99.070 0.701
201503 0.194 99.621 0.257
201506 0.347 100.684 0.454
201509 0.633 100.392 0.831
201512 -0.174 99.792 -0.230
201603 0.242 100.470 0.317
201606 0.676 101.688 0.876
201609 0.846 101.861 1.094
201612 0.474 101.863 0.613
201703 1.038 102.862 1.330
201706 0.890 103.349 1.135
201709 0.663 104.136 0.839
201712 1.014 104.011 1.285
201803 0.892 105.290 1.116
201806 1.823 106.317 2.260
201809 1.825 106.507 2.258
201812 1.820 105.998 2.263
201903 1.443 107.251 1.773
201906 1.115 108.070 1.360
201909 0.817 108.329 0.994
201912 0.315 108.420 0.383
202003 0.063 108.902 0.076
202006 0.320 108.767 0.388
202009 0.535 109.815 0.642
202012 1.069 109.897 1.282
202103 2.604 111.754 3.071
202106 4.183 114.631 4.809
202109 6.188 115.734 7.046
202112 7.053 117.630 7.901
202203 6.964 121.301 7.565
202206 9.148 125.017 9.643
202209 6.565 125.227 6.908
202212 4.616 125.222 4.858
202303 4.156 127.348 4.301
202306 5.363 128.729 5.490
202309 4.282 129.860 4.345
202312 2.898 129.419 2.951
202403 3.183 131.776 3.183

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.


Nucor  (FRA:NUO) 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.


Nucor Shiller PE Ratio Related Terms

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


Nucor (FRA:NUO) Business Description

Traded in Other Exchanges
Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

Nucor (FRA:NUO) Headlines

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