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Denny's (Denny's) Shiller PE Ratio : 10.09 (As of Apr. 28, 2024)


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What is Denny's Shiller PE Ratio?

As of today (2024-04-28), Denny's's current share price is $8.07. Denny's's E10 for the quarter that ended in Dec. 2023 was $0.80. Denny's's Shiller PE Ratio for today is 10.09.

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

DENN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.55   Med: 27.11   Max: 44.43
Current: 10.11

During the past years, Denny's's highest Shiller PE Ratio was 44.43. The lowest was 8.55. And the median was 27.11.

DENN's Shiller PE Ratio is ranked better than
89.93% of 139 companies
in the Restaurants industry
Industry Median: 27.88 vs DENN: 10.11

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.

Denny's's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Denny's Shiller PE Ratio Historical Data

The historical data trend for Denny'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.

Denny's Shiller PE Ratio Chart

Denny'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 30.96 23.93 25.04 11.92 13.63

Denny'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 11.92 14.35 15.56 10.56 13.63

Competitive Comparison of Denny's's Shiller PE Ratio

For the Restaurants subindustry, Denny'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.


Denny's's Shiller PE Ratio Distribution in the Restaurants Industry

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

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



Denny'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.

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

Shiller PE Ratio=Share Price/ E10
=8.07/0.8
=10.09

* 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.

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

For example, Denny'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)
=0.05/129.4194*129.4194
=0.050

Current CPI (Dec. 2023) = 129.4194.

Denny's Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.070 99.695 0.091
201406 0.090 100.560 0.116
201409 0.100 100.428 0.129
201412 0.110 99.070 0.144
201503 0.100 99.621 0.130
201506 0.110 100.684 0.141
201509 0.110 100.392 0.142
201512 0.110 99.792 0.143
201603 0.130 100.470 0.167
201606 -0.150 101.688 -0.191
201609 0.130 101.861 0.165
201612 0.150 101.863 0.191
201703 0.110 102.862 0.138
201706 0.120 103.349 0.150
201709 0.130 104.136 0.162
201712 0.190 104.011 0.236
201803 0.150 105.290 0.184
201806 0.180 106.317 0.219
201809 0.160 106.507 0.194
201812 0.180 105.998 0.220
201903 0.240 107.251 0.290
201906 0.550 108.070 0.659
201909 0.800 108.329 0.956
201912 0.310 108.420 0.370
202003 0.160 108.902 0.190
202006 -0.410 108.767 -0.488
202009 0.100 109.815 0.118
202012 0.040 109.897 0.047
202103 0.350 111.754 0.405
202106 -0.010 114.631 -0.011
202109 0.190 115.734 0.212
202112 0.670 117.630 0.737
202203 0.340 121.301 0.363
202206 0.370 125.017 0.383
202209 0.290 125.227 0.300
202212 0.220 125.222 0.227
202303 0.010 127.348 0.010
202306 0.150 128.729 0.151
202309 0.140 129.860 0.140
202312 0.050 129.419 0.050

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.


Denny's  (NAS:DENN) 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.


Denny's Shiller PE Ratio Related Terms

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


Denny's (Denny's) Business Description

Traded in Other Exchanges
Address
203 East Main Street, Spartanburg, SC, USA, 29319-9966
Denny's Corp is one of America's largest franchised full-service restaurant chains based on the number of restaurants. It provides Pancakes, Appetizers & Soups, Sandwiches & Salads, Breakfast Melts, Omelettes, and others. The company generates its revenue from two sources: the sale of food & beverages and the collection of royalties & fees from restaurants.
Executives
Pankaj K Patra officer: EVP, Chief Digital & Tech Ofc 12157 BETHEL DR., FRISCO TX 75033
Stephen C. Dunn officer: Sr. V.P., Global Development 203 EAST MAIN STREET, SPARTANBURG SC 29319
John C Miller director, officer: CEO and President
Stephanie J. Davidson officer: EVP, Chief People Officer 203 EAST MAIN STREET, SPARTANBURG SC 29319
Gail Sharps Myers officer: Senior VP, General Counsel 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Robert P. Verostek officer: Senior Vice President, Finance 203 EAST MAIN STREET, SPARTANBURG SC 29319
Brenda J Lauderback director IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Kelli Valade director, officer: CEO and President 6820 LBJ FREEWAY, DALLAS TX 75240
Donald C. Robinson director 203 EAST MAIN STREET, MS P12-02, SPARTANBURG SC 29319
F Mark Wolfinger officer: Sr. V.P., CFO DENNY'S CORPORATION, 203 EAST MAIN STREET, SPARTANBURG SC 29319
Olufunlayo Olurinde Fajemirokun-beck director C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Jay C Gilmore officer: VP, CAO & Corporate Controller 203 EAST MAIN STREET, MSP1202, SPARTANBURG SC 29319
John William Dillon officer: Sr VP, Chief Marketing Officer 203 EAST MAIN STREET, SPARTANBURG SC 29319
Christopher D Bode officer: Sr. V.P., Operations 203 EAST MAIN STREET, SPARTANBURG SC 29319
Timothy E. Flemming officer: Sr. V.P., General Counsel 203 EAST MAIN STREET, SPARTANBURG SC 29319