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

As of today, Bed Bath & Beyond Inc's current share price is $38.32. Bed Bath & Beyond Inc's E10 for the quarter that ended in Nov. 2016 was $3.87. Bed Bath & Beyond Inc's Shiller P/E Ratio for today is 9.90.

BBBY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.89   Max: 37.7
Current: 9.9

9.89
37.7

During the past 13 years, Bed Bath & Beyond Inc's highest Shiller P/E Ratio was 37.70. The lowest was 9.89. And the median was 22.92.

BBBY's Shiller PE Ratio is ranked higher than
80% of the 256 Companies
in the Global Specialty Retail industry.

( Industry Median: 21.50 vs. BBBY: 9.90 )

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 Nov. 2016 was $0.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.87 for the trailing ten years ended in Nov. 2016.


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
=38.32/3.87
=9.90

* 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 Feb16 is calculated as:

For example, Bed Bath & Beyond Inc's adjusted earnings per share data for the three months ended in Nov. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Nov. 2016 (Change)*Current CPI (Nov. 2016)
=0.85/241.353*241.353
=0.850

Current CPI (Nov. 2016) = 241.353.

Bed Bath & Beyond Inc Quarterly Data

201408201411201502201505201508201511201602201605201608201611
per share eps 1.1701.2301.7600.9301.2101.0901.8800.8001.1100.850
CPI 237.852236.151234.722237.805238.316237.336237.111240.229240.849241.353
Adj_EPS 1.1871.2571.8100.9441.2251.1081.9140.8041.1120.850
201202201205201208201211201302201305201308201311201402201405
per share eps 1.4600.8900.9801.0301.6700.9301.1601.1201.5900.930
CPI 227.663229.815230.379230.221232.166232.945233.877233.069234.781237.900
Adj_EPS 1.5480.9351.0271.0801.7360.9641.1971.1601.6350.943
200908200911201002201005201008201011201102201105201108201111
per share eps 0.5200.5800.8600.5200.7000.7401.1200.7200.9300.950
CPI 215.834216.330216.741218.178218.312218.803221.309225.964226.545226.230
Adj_EPS 0.5810.6470.9580.5750.7740.8161.2210.7690.9911.014
200702200705200708200711200802200805200808200811200902200905
per share eps 0.7300.3800.5500.5200.6600.3000.4600.3400.5400.340
CPI 203.499207.949207.917210.177211.693216.632219.086212.425212.193213.856
Adj_EPS 0.8660.4410.6380.5970.7520.3340.5070.3860.6140.384

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

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
ShillerPE 35.4520.9614.5024.9824.7225.7921.0822.3622.3813.14

Bed Bath & Beyond Inc Quarterly Data

Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16
ShillerPE 20.1422.4822.3820.8417.6515.4013.1412.0212.1711.57
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