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Bed Bath & Beyond Inc (NAS:BBBY)
Shiller P/E Ratio
18.50 (As of Today)

As of today, Bed Bath & Beyond Inc's current share price is $62.83. Bed Bath & Beyond Inc's E10 for the quarter that ended in Feb. 2014 was $0.00. Bed Bath & Beyond Inc's Shiller P/E Ratio for today is 18.50.

BBBY' s 10-Year Shiller P/E Ratio Range
Min: 9.33   Max: 69.18
Current: 18.5

9.33
69.18

During the past 13 years, Bed Bath & Beyond Inc's highest Shiller P/E Ratio was 69.18. The lowest was 9.33. And the median was 22.81.

BBBY's Shiller P/E Ratiois ranked higher than
67% of the 541 Companies
in the Global Specialty Retail industry.

( Industry Median: 20.92 vs. BBBY: 18.50 )

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. 2014 was $1.612. Since most companies do not have as long as 10 years history, here we use 6 years to calculate. Add all the adjusted EPS for the past 6 years together and divide 6 will get our E10, which is $0.00 for the trailing six years ended in Feb. 2014.


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
=62.83/0.00
=

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Bed Bath & Beyond Inc's E10 for the fiscal year that ended in Feb14 is calculated as:

For example, Bed Bath & Beyond Inc's adjusted earnings per share data for the three months ended in Feb. 2014 was:

Adj_EPS=Earnigns per Share/CPI of Feb. 2014*CPI of Current
=1.6/234.781*236.511
=1.612

Since most companies do not have as long as 10 years history, here we use 6 years to calculate:

Current CPI = 236.511.

Bed Bath & Beyond Inc Quarterly Data

201111201202201205201208201211201302201305201308201311201402
per share eps 0.9501.4780.8900.9801.0301.6820.9301.1601.1201.600
CPI 226.230227.663229.815230.379230.221232.166232.945233.877233.069234.781
Adj_EPS 0.9931.5350.9161.0061.0581.7130.9441.1731.1371.612
200905200908200911201002201005201008201011201102201105201108
per share eps 0.3400.5200.5800.8630.5200.7000.7401.1210.7200.930
CPI 213.856215.834216.330216.741218.178218.312218.803221.309225.964226.545
Adj_EPS 0.3760.5700.6340.9420.5640.7580.8001.1980.7540.971
200805200808200811200902
per share eps 0.3000.4600.3400.548
CPI 216.632219.086212.425212.193
Adj_EPS 0.3280.4970.3790.611

Add all the adjusted EPS together and divide 6 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 own currency.

Bed Bath & Beyond Inc Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
ShillerPE 37.3328.3425.9315.6811.3020.1420.9222.2918.280.00

Bed Bath & Beyond Inc Quarterly Data

Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14
ShillerPE 23.8422.2925.9123.5220.0218.2821.4022.2722.950.00
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