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Carter's (Carter's) Shiller PE Ratio : 10.96 (As of Apr. 27, 2024)


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What is Carter's Shiller PE Ratio?

As of today (2024-04-27), Carter's's current share price is $70.01. Carter's's E10 for the quarter that ended in Dec. 2023 was $6.39. Carter's's Shiller PE Ratio for today is 10.96.

The historical rank and industry rank for Carter's's Shiller PE Ratio or its related term are showing as below:

CRI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.34   Med: 25.92   Max: 56.39
Current: 10.95

During the past years, Carter's's highest Shiller PE Ratio was 56.39. The lowest was 10.34. And the median was 25.92.

CRI's Shiller PE Ratio is ranked better than
72.01% of 561 companies
in the Retail - Cyclical industry
Industry Median: 17.22 vs CRI: 10.95

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

Carter's's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $6.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carter's Shiller PE Ratio Historical Data

The historical data trend for Carter's's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Carter's Shiller PE Ratio Chart

Carter's Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.81 21.28 19.13 12.59 11.72

Carter's Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.59 11.92 11.86 11.11 11.72

Competitive Comparison of Carter's's Shiller PE Ratio

For the Apparel Retail subindustry, Carter's's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carter's's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Carter's's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Carter's's Shiller PE Ratio falls into.



Carter's Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

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

Carter's's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=70.01/6.39
=10.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Carter's's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Carter's's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.9/129.4194*129.4194
=2.900

Current CPI (Dec. 2023) = 129.4194.

Carter's Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.630 99.695 0.818
201406 0.480 100.560 0.618
201409 1.230 100.428 1.585
201412 1.290 99.070 1.685
201503 0.940 99.621 1.221
201506 0.680 100.684 0.874
201509 1.510 100.392 1.947
201512 1.390 99.792 1.803
201603 1.040 100.470 1.340
201606 0.710 101.688 0.904
201609 1.600 101.861 2.033
201612 1.760 101.863 2.236
201703 0.950 102.862 1.195
201706 0.770 103.349 0.964
201709 1.710 104.136 2.125
201712 2.840 104.011 3.534
201803 0.890 105.290 1.094
201806 0.790 106.317 0.962
201809 1.530 106.507 1.859
201812 2.830 105.998 3.455
201903 0.750 107.251 0.905
201906 0.970 108.070 1.162
201909 1.340 108.329 1.601
201912 2.820 108.420 3.366
202003 -1.820 108.902 -2.163
202006 0.190 108.767 0.226
202009 1.850 109.815 2.180
202012 2.260 109.897 2.661
202103 1.960 111.754 2.270
202106 1.620 114.631 1.829
202109 1.930 115.734 2.158
202112 2.310 117.630 2.542
202203 1.660 121.301 1.771
202206 0.930 125.017 0.963
202209 1.670 125.227 1.726
202212 2.110 125.222 2.181
202303 0.950 127.348 0.965
202306 0.640 128.729 0.643
202309 1.780 129.860 1.774
202312 2.900 129.419 2.900

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

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Carter's  (NYSE:CRI) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio 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 PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio 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, Shiller PE Ratio and PS Ratio will give false valuations.


Carter's Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Carter's's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Carter's (Carter's) Business Description

Traded in Other Exchanges
Address
3438 Peachtree Road North East, Phipps Tower, Suite 1800, Atlanta, GA, USA, 30326
Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products through a multi-channel business model, which includes retail stores, eCommerce, and wholesale sales channels, as well as retail omnichannel capabilities in the United States and Canada, which enables it to reach a broad range of consumers around the world. The company operates in three segments; U.S. Retail, U.S. Wholesale, and International. The majority of Carter's sales are in the U.S. and through Carter's brand. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.
Executives
Michael Dennis Casey director, officer: Chairman and CEO 1170 PEACHTREE STREE NE STE 900, ATLANTA GA 30309
Julie D'emilio officer: EVP, Sales 3438 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Ben Pivar officer: SVP, CIO 3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
Richard F. Westenberger officer: EVP and CFO 1170 PEACHTREE STREET, SUITE 900, ATLANTA GA 30309
Brian Lynch officer: President, Carter's, Inc. 1170 PEACHTREE ST., ATLANTA GA 30309
Kendra Krugman officer: EVP, Merchandising and Design 3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
Jeff Jenkins officer: EVP Global Marketing 3438 PEACHTREE ROAD NE, ATLANTA GA 30306
Jill Wilson officer: SVP HR and Talent Development 1170 PEACHTREE ST., ATLANTA GA 30309
William J Montgoris director C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Karen Marie Smith officer: EVP Supply Chain 15960 MEADOW KING WAY, MILTON GA 30004
Stacey Rauch director C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Jeffrey Harry Black director ONE CARRIER PLACE, FARMINGTON CT 06032
Rochester Jr. Anderson director 268 LASSITER DRIVE, ELLENWOOD GA 30294
Stephanie Stahl director C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Scott F. Duggan officer: SVP, Gen Counsel & Secy C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408