Switch to:
Cal-Maine Foods Inc (NAS:CALM)
Shiller P/E Ratio
17.07 (As of Today)

As of today, Cal-Maine Foods Inc's current share price is $42.17. Cal-Maine Foods Inc's E10 for the quarter that ended in May. 2016 was $2.47. Cal-Maine Foods Inc's Shiller P/E Ratio for today is 17.07.

CALM' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 13.61   Max: 54.92
Current: 17.06

13.61
54.92

During the past 13 years, Cal-Maine Foods Inc's highest Shiller P/E Ratio was 54.92. The lowest was 13.61. And the median was 20.48.

CALM's Shiller P/E Ratio is ranked higher than
73% of the 262 Companies
in the Global Packaged Foods industry.

( Industry Median: 29.58 vs. CALM: 17.06 )

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.

Cal-Maine Foods Inc's adjusted earnings per share data for the three months ended in May. 2016 was $-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.47 for the trailing ten years ended in May. 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.

Cal-Maine Foods Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=42.17/2.47
=17.07

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

Cal-Maine Foods Inc's E10 for the fiscal year that ended in May16 is calculated as:

For example, Cal-Maine Foods Inc's adjusted earnings per share data for the three months ended in May. 2016 was:

Adj_EPS=Earnigns per Share/CPI of May. 2016 (Change)*Current CPI (May. 2016)
=-0.01/240.236*240.236
=-0.010

Current CPI (May. 2016) = 240.236.

Cal-Maine Foods Inc Quarterly Data

201402201405201408201411201502201505201508201511201602201605
per share eps 0.8900.6500.5700.7601.0500.9502.9502.2601.330-0.010
CPI 234.781237.900237.852236.151234.722237.805238.316237.336237.111240.236
Adj_EPS 0.9110.6560.5760.7731.0750.9602.9742.2881.348-0.010
201108201111201202201205201208201211201302201305201308201311
per share eps 0.0650.4850.5450.7800.1950.3000.635-0.0800.1800.540
CPI 226.545226.230227.663229.815230.379230.221232.166232.945233.877233.069
Adj_EPS 0.0690.5150.5750.8150.2030.3130.657-0.0830.1850.557
200902200905200908200911201002201005201008201011201102201105
per share eps 0.6450.215-0.0800.3350.7250.4400.1000.3150.7000.150
CPI 212.193213.856215.834216.330216.741218.178218.312218.803221.309225.964
Adj_EPS 0.7300.242-0.0890.3720.8040.4840.1100.3460.7600.159
200608200611200702200705200708200711200802200805200808200811
per share eps -0.1150.1350.3700.3850.3800.8451.2050.7700.2350.570
CPI 203.900201.500203.499207.949207.917210.177211.693216.632219.086212.425
Adj_EPS -0.1350.1610.4370.4450.4390.9661.3670.8540.2580.645

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 own currency.

Cal-Maine Foods Inc Annual Data

May07May08May09May10May11May12May13May14May15May16
ShillerPE 32.6629.5818.0018.4414.5814.2116.5924.4131.6518.00

Cal-Maine Foods Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
ShillerPE 18.8524.4126.5726.7722.6331.6525.2123.3421.8118.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK