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Shiller PE Ratio
24.42 (As of Today)

As of today, Best Buy Co Inc's current share price is \$48.59. Best Buy Co Inc's E10 for the quarter that ended in Jan. 2017 was \$1.99. Best Buy Co Inc's Shiller P/E Ratio for today is 24.42.

BBY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.51   Max: 33.39
Current: 24.36

5.51
33.39

During the past 13 years, Best Buy Co Inc's highest Shiller P/E Ratio was 33.39. The lowest was 5.51. And the median was 17.15.

BBY's Shiller PE Ratio is ranked lower than
54% of the 256 Companies
in the Global Specialty Retail industry.

( Industry Median: 21.50 vs. BBY: 24.36 )

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.

Best Buy Co Inc's adjusted earnings per share data for the three months ended in Jan. 2017 was \$1.890. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is \$1.99 for the trailing ten years ended in Jan. 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.

Best Buy Co Inc's Shiller P/E Ratio for today is calculated as

 Shiller P/E Ratio = Share Price / E10 = 48.59 / 1.99 = 24.42

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

Best Buy Co Inc's E10 for the fiscal year that ended in Jan17 is calculated as:

For example, Best Buy Co Inc's adjusted earnings per share data for the three months ended in Jan. 2017 was:

 Adj_EPS = Earnigns per Share / CPI of Jan. 2017 (Change) * Current CPI (Jan. 2017) = 1.89 / 242.839 * 242.839 = 1.890

Current CPI (Jan. 2017) = 242.839.

Best Buy Co Inc Quarterly Data

 201410 201501 201504 201507 201510 201601 201604 201607 201610 201701 per share eps 0.3 1.47 0.36 0.46 0.36 1.38 0.7 0.61 0.61 1.89 CPI 237.433 233.707 236.599 238.654 237.838 236.916 239.261 240.628 241.729 242.839 Adj_EPS 0.307 1.527 0.369 0.468 0.368 1.415 0.71 0.616 0.613 1.89 201204 201207 201210 201301 201304 201307 201310 201401 201404 201407 per share eps 0.46 0.04 -0.03 -1.77 -0.24 0.77 0.16 0.84 1.31 0.42 CPI 230.085 229.104 231.317 230.28 232.531 233.596 233.546 233.916 237.072 238.25 Adj_EPS 0.485 0.042 -0.031 -1.867 -0.251 0.8 0.166 0.872 1.342 0.428 200911 201002 201005 201008 201011 201102 201105 201108 201111 201202 per share eps 0.53 1.83 0.36 0.6 0.54 1.58 0.35 0.47 0.42 -4.61 CPI 216.33 216.741 218.178 218.312 218.803 221.309 225.964 226.545 226.23 227.663 Adj_EPS 0.595 2.05 0.401 0.667 0.599 1.734 0.376 0.504 0.451 -4.917 200705 200708 200711 200802 200805 200808 200811 200902 200905 200908 per share eps 0.39 0.55 0.53 1.65 0.43 0.48 0.13 1.35 0.36 0.37 CPI 207.949 207.917 210.177 211.693 216.632 219.086 212.425 212.193 213.856 215.834 Adj_EPS 0.455 0.642 0.612 1.893 0.482 0.532 0.149 1.545 0.409 0.416

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

Historical Data

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

Best Buy Co Inc Annual Data

 Feb08 Feb09 Feb10 Feb11 Feb12 Jan13 Jan14 Jan15 Jan16 Jan17 ShillerPE 24.70 15.03 16.84 13.25 12.26 9.18 13.21 18.63 14.77 22.33

Best Buy Co Inc Quarterly Data

 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 ShillerPE 17.99 18.63 18.22 16.80 18.38 14.77 16.67 17.25 19.54 22.33
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