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The L S Starrett Co (The L S Starrett Co) Shiller PE Ratio : 41.49 (As of Jun. 08, 2024)


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What is The L S Starrett Co Shiller PE Ratio?

As of today (2024-06-08), The L S Starrett Co's current share price is $16.18. The L S Starrett Co's E10 for the quarter that ended in Mar. 2024 was $0.39. The L S Starrett Co's Shiller PE Ratio for today is 41.49.

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

SCX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.36   Med: 59.77   Max: 1006
Current: 41.61

During the past years, The L S Starrett Co's highest Shiller PE Ratio was 1006.00. The lowest was 20.36. And the median was 59.77.

SCX's Shiller PE Ratio is ranked worse than
72.31% of 1766 companies
in the Industrial Products industry
Industry Median: 24.8 vs SCX: 41.61

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.

The L S Starrett Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The L S Starrett Co Shiller PE Ratio Historical Data

The historical data trend for The L S Starrett Co'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.

The L S Starrett Co Shiller PE Ratio Chart

The L S Starrett Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 757.70 - - 66.00 24.81

The L S Starrett Co 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 36.99 24.81 24.11 29.87 40.87

Competitive Comparison of The L S Starrett Co's Shiller PE Ratio

For the Tools & Accessories subindustry, The L S Starrett Co'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.


The L S Starrett Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The L S Starrett Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where The L S Starrett Co's Shiller PE Ratio falls into.



The L S Starrett Co 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.

The L S Starrett Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=16.18/0.39
=41.49

* 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.

The L S Starrett Co's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, The L S Starrett Co'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)
=0.08/131.7762*131.7762
=0.080

Current CPI (Mar. 2024) = 131.7762.

The L S Starrett Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.440 100.560 0.577
201409 0.130 100.428 0.171
201412 0.350 99.070 0.466
201503 0.350 99.621 0.463
201506 -0.080 100.684 -0.105
201509 -0.030 100.392 -0.039
201512 0.070 99.792 0.092
201603 0.080 100.470 0.105
201606 -2.140 101.688 -2.773
201609 0.110 101.861 0.142
201612 0.150 101.863 0.194
201703 -0.110 102.862 -0.141
201706 -0.010 103.349 -0.013
201709 0.060 104.136 0.076
201712 -0.930 104.011 -1.178
201803 0.230 105.290 0.288
201806 0.120 106.317 0.149
201809 0.080 106.507 0.099
201812 0.270 105.998 0.336
201903 0.300 107.251 0.369
201906 0.220 108.070 0.268
201909 0.110 108.329 0.134
201912 0.180 108.420 0.219
202003 0.090 108.902 0.109
202006 -3.520 108.767 -4.265
202009 0.570 109.815 0.684
202012 0.530 109.897 0.636
202103 0.410 111.754 0.483
202106 0.610 114.631 0.701
202109 0.440 115.734 0.501
202112 0.340 117.630 0.381
202203 0.570 121.301 0.619
202206 0.660 125.017 0.696
202209 0.270 125.227 0.284
202212 0.420 125.222 0.442
202303 0.990 127.348 1.024
202306 1.380 128.729 1.413
202309 0.250 129.860 0.254
202312 -0.050 129.419 -0.051
202403 0.080 131.776 0.080

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.


The L S Starrett Co  (NYSE:SCX) 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.


The L S Starrett Co Shiller PE Ratio Related Terms

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


The L S Starrett Co (The L S Starrett Co) Business Description

Traded in Other Exchanges
N/A
Address
121 Crescent Street, Athol, MA, USA, 01331
The L S Starrett Co is engaged in the manufacturing of industrial, professional and consumer measuring and cutting tools and related products. Its products include precision tools, electronic gages, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and others. Its products are used in different industries such as metalworking, automotive, aviation, marine, farm, and "do-it-yourselfers" and tradesmen such as builders, carpenters, plumbers and electricians. The operating segments of the company are North American Operations is a key revenue driver; International Operations and Global Test and Measurement.
Executives
Douglas A Starrett officer: President & CEO 121 CRESCENT STREET, ATHOL MA 01331
John C. Tripp officer: CFO C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
David T. Allen other: Insider 121 CRESCENT STREET, ATHOL MA 01331
Emerson Leme officer: VP Of Industrial Products C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Charles Alpuche director C/O INSULET CORPORATION, 600 TECHNOLOGY PARK DRIVE, SUITE 200, BILLERICA MA 01821
Christian Arntsen officer: VP of International Products C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Deborah Gordon director 121 CRESCENT STREET, ATHOL MA 01331
Thomas J Riordan director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Scott William Sproule director C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Terry A Piper director 121 CRESCENT STREET, ATHOLL MA 01331
Chris Gahagan director AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Russell D. Carreker director 121 CRESCENT STREET, ATHOL MA 01331
David A Lemoine director C/O THE L S STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Richard Kennedy director 121 CRESCENT STREET, ATHOL MA 01331
Francis J O'brien officer: Treasurer & CFO C/O THE L. S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331

The L S Starrett Co (The L S Starrett Co) Headlines