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Tennant Co (Tennant Co) Shiller PE Ratio : 31.94 (As of Jun. 09, 2024)


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What is Tennant Co Shiller PE Ratio?

As of today (2024-06-09), Tennant Co's current share price is $99.00. Tennant Co's E10 for the quarter that ended in Mar. 2024 was $3.10. Tennant Co's Shiller PE Ratio for today is 31.94.

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

TNC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.53   Med: 37.66   Max: 58.86
Current: 31.97

During the past years, Tennant Co's highest Shiller PE Ratio was 58.86. The lowest was 22.53. And the median was 37.66.

TNC's Shiller PE Ratio is ranked worse than
62.4% of 1766 companies
in the Industrial Products industry
Industry Median: 24.8 vs TNC: 31.97

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.

Tennant Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tennant Co Shiller PE Ratio Historical Data

The historical data trend for Tennant 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.

Tennant Co Shiller PE Ratio Chart

Tennant Co 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 38.25 34.52 34.91 24.19 31.58

Tennant 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 25.53 29.16 25.99 31.58 39.27

Competitive Comparison of Tennant Co's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Tennant 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.


Tennant Co's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Tennant 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.

Tennant Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=99.00/3.1
=31.94

* 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.

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

For example, Tennant 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)
=1.49/131.7762*131.7762
=1.490

Current CPI (Mar. 2024) = 131.7762.

Tennant Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.830 100.560 1.088
201409 0.630 100.428 0.827
201412 0.930 99.070 1.237
201503 0.270 99.621 0.357
201506 0.790 100.684 1.034
201509 -0.050 100.392 -0.066
201512 0.730 99.792 0.964
201603 0.250 100.470 0.328
201606 0.850 101.688 1.102
201609 0.640 101.861 0.828
201612 0.850 101.863 1.100
201703 -0.220 102.862 -0.282
201706 -0.150 103.349 -0.191
201709 0.200 104.136 0.253
201712 -0.180 104.011 -0.228
201803 0.180 105.290 0.225
201806 0.690 106.317 0.855
201809 0.520 106.507 0.643
201812 0.420 105.998 0.522
201903 0.290 107.251 0.356
201906 0.810 108.070 0.988
201909 0.790 108.329 0.961
201912 0.590 108.420 0.717
202003 0.280 108.902 0.339
202006 0.770 108.767 0.933
202009 0.630 109.815 0.756
202012 0.130 109.897 0.156
202103 1.370 111.754 1.615
202106 0.510 114.631 0.586
202109 1.140 115.734 1.298
202112 0.420 117.630 0.471
202203 0.550 121.301 0.597
202206 0.890 125.017 0.938
202209 0.830 125.227 0.873
202212 1.270 125.222 1.336
202303 1.300 127.348 1.345
202306 1.680 128.729 1.720
202309 1.210 129.860 1.228
202312 1.640 129.419 1.670
202403 1.490 131.776 1.490

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.


Tennant Co  (NYSE:TNC) 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.


Tennant Co Shiller PE Ratio Related Terms

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


Tennant Co (Tennant Co) Business Description

Traded in Other Exchanges
Address
10400 Clean Street, Eden Prairie, MN, USA, 55344
Tennant Co is a manufacturer of floor cleaning equipment, wood flooring, and wood products. It operates in four geographic business units including North America; Latin America; Europe, Middle East, Africa; and Asia Pacific. The company offers products and solutions consisting of mechanized cleaning equipment, detergent-free, and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions.
Executives
Kristin A. Stokes officer: Interim General Counsel 701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Donal L Mulligan director ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Steven Alan Sonnenberg director EMERSON PROCESS MANAGEMENT - ROSEMOUNT, 8200 MARKET BOULEVARD, CHANHASSEN MN 55317
David W. Huml officer: Sr. VP, Global Marketing 701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Richard H. Zay officer: Senior VP, The Americas 701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Carol E. Mcknight officer: Senior VP and CAO 701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Azita Arvani director 1522 LOMA DRIVE, HERMOSA BEACH CA 90254
Carol S Eicher director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Andrew P. Hider director 10400 CLEAN STREET, EDEN PRARIE MN 55344
Chris Killingstad director, officer: President and CEO C/O TENNANT COMPANY, 701 N. LILAC DRIVE, MINNEAPOLIS MN 55422
Fay West officer: Senior VP, CFO 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Barb Balinski officer: SVP, Innovation & Technology 10400 CLEAN STREET, EDEN PRAIRIE MN 55344
Timothy R. Morse director C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
David S Wichmann director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
Daniel E. Glusick officer: SVP, Operations 10400 CLEAN STREET, EDEN PRAIRIE MN 55344-2650

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