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Bed Bath & Beyond Inc (NAS:BBBY)
Shiller PE Ratio
9.76 (As of Today)

As of today, Bed Bath & Beyond Inc's current share price is $38.75. Bed Bath & Beyond Inc's E10 for the quarter that ended in Feb. 2017 was $3.97. Bed Bath & Beyond Inc's Shiller P/E Ratio for today is 9.76.

BBBY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.64   Max: 39.93
Current: 9.77

9.64
39.93

During the past 13 years, Bed Bath & Beyond Inc's highest Shiller P/E Ratio was 39.93. The lowest was 9.64. And the median was 23.27.

BBBY's Shiller PE Ratio is ranked higher than
79% of the 243 Companies
in the Global Specialty Retail industry.

( Industry Median: 20.72 vs. BBBY: 9.77 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Bed Bath & Beyond Inc's adjusted earnings per share data for the three months ended in Feb. 2017 was $1.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.97 for the trailing ten years ended in Feb. 2017.


Definition

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Bed Bath & Beyond Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=38.75/3.97
=9.76

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Bed Bath & Beyond Inc's E10 for the fiscal year that ended in Feb17 is calculated as:

For example, Bed Bath & Beyond Inc's adjusted earnings per share data for the three months ended in Feb. 2017 was:

Adj_EPS=Earnigns per Share/CPI of Feb. 2017 (Change)*Current CPI (Feb. 2017)
=1.82/243.603*243.603
=1.820

Current CPI (Feb. 2017) = 243.603.

Bed Bath & Beyond Inc Quarterly Data

201411201502201505201508201511201602201605201608201611201702
per share eps 1.2301.7600.9301.2101.0901.8800.8001.1100.8501.820
CPI 236.151234.722237.805238.316237.336237.111240.229240.849241.353243.603
Adj_EPS 1.2691.8270.9531.2371.1191.9310.8111.1230.8581.820
201205201208201211201302201305201308201311201402201405201408
per share eps 0.8900.9801.0301.6700.9301.1601.1201.5900.9301.170
CPI 229.815230.379230.221232.166232.945233.877233.069234.781237.900237.852
Adj_EPS 0.9431.0361.0901.7520.9731.2081.1711.6500.9521.198
200911201002201005201008201011201102201105201108201111201202
per share eps 0.5800.8600.5200.7000.7401.1200.7200.9300.9501.460
CPI 216.330216.741218.178218.312218.803221.309225.964226.545226.230227.663
Adj_EPS 0.6530.9670.5810.7810.8241.2330.7761.0001.0231.562
200705200708200711200802200805200808200811200902200905200908
per share eps 0.3800.5500.5200.6600.3000.4600.3400.5400.3400.520
CPI 207.949207.917210.177211.693216.632219.086212.425212.193213.856215.834
Adj_EPS 0.4450.6440.6030.7590.3370.5110.3900.6200.3870.587

Add all the adjusted EPS together and divide 10 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Bed Bath & Beyond Inc Annual Data

Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16Feb17
ShillerPE 20.9414.4924.9624.7025.7821.0722.3522.3713.1410.18

Bed Bath & Beyond Inc Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
ShillerPE 22.4722.3720.8417.6515.4013.1412.0212.1711.5710.18
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