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Dolby Laboratories (Dolby Laboratories) Shiller PE Ratio : 34.00 (As of Apr. 25, 2024)


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What is Dolby Laboratories Shiller PE Ratio?

As of today (2024-04-25), Dolby Laboratories's current share price is $79.91. Dolby Laboratories's E10 for the quarter that ended in Dec. 2023 was $2.35. Dolby Laboratories's Shiller PE Ratio for today is 34.00.

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

DLB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.06   Med: 29   Max: 45.99
Current: 34

During the past years, Dolby Laboratories's highest Shiller PE Ratio was 45.99. The lowest was 15.06. And the median was 29.00.

DLB's Shiller PE Ratio is ranked worse than
75.05% of 505 companies
in the Business Services industry
Industry Median: 19.33 vs DLB: 34.00

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.

Dolby Laboratories's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dolby Laboratories Shiller PE Ratio Historical Data

The historical data trend for Dolby Laboratories'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.

Dolby Laboratories Shiller PE Ratio Chart

Dolby Laboratories Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.52 30.78 39.30 28.44 33.80

Dolby Laboratories 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 30.56 36.07 35.27 33.80 36.69

Competitive Comparison of Dolby Laboratories's Shiller PE Ratio

For the Specialty Business Services subindustry, Dolby Laboratories'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.


Dolby Laboratories's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dolby Laboratories's Shiller PE Ratio distribution charts can be found below:

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



Dolby Laboratories 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.

Dolby Laboratories's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=79.91/2.35
=34.00

* 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.

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

For example, Dolby Laboratories'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)
=0.69/129.4194*129.4194
=0.690

Current CPI (Dec. 2023) = 129.4194.

Dolby Laboratories Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.730 99.695 0.948
201406 0.380 100.560 0.489
201409 0.440 100.428 0.567
201412 0.400 99.070 0.523
201503 0.560 99.621 0.728
201506 0.340 100.684 0.437
201509 0.430 100.392 0.554
201512 0.300 99.792 0.389
201603 0.660 100.470 0.850
201606 0.620 101.688 0.789
201609 0.230 101.861 0.292
201612 0.510 101.863 0.648
201703 0.490 102.862 0.617
201706 0.730 103.349 0.914
201709 0.210 104.136 0.261
201712 -0.520 104.011 -0.647
201803 0.610 105.290 0.750
201806 0.030 106.317 0.037
201809 0.470 106.507 0.571
201812 0.930 105.998 1.135
201903 0.700 107.251 0.845
201906 0.380 108.070 0.455
201909 0.430 108.329 0.514
201912 0.470 108.420 0.561
202003 0.860 108.902 1.022
202006 0.660 108.767 0.785
202009 0.260 109.815 0.306
202012 1.300 109.897 1.531
202103 0.730 111.754 0.845
202106 0.520 114.631 0.587
202109 0.420 115.734 0.470
202112 0.770 117.630 0.847
202203 0.360 121.301 0.384
202206 0.390 125.017 0.404
202209 0.280 125.227 0.289
202212 0.820 125.222 0.847
202303 0.980 127.348 0.996
202306 0.170 128.729 0.171
202309 0.090 129.860 0.090
202312 0.690 129.419 0.690

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.


Dolby Laboratories  (NYSE:DLB) 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.


Dolby Laboratories Shiller PE Ratio Related Terms

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


Dolby Laboratories (Dolby Laboratories) Business Description

Traded in Other Exchanges
Address
1275 Market Street, San Francisco, CA, USA, 94103-1410
Dolby Laboratories Inc develops audio and surround sound for cinema, broadcast, home audio systems, in-car entertainment systems, DVD players, games, televisions, and personal computers. The company generates three fourths of its revenue from licensing its technology to consumer electronics manufacturers around the world. The rest of revenue comes from equipment sales to professional producers and audio engineering services.
Executives
Kevin J Yeaman officer: VP, Chief Financial Officer C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Mark Andrew Sherman officer: EVP, GEN. COUN. & SECRTY DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
John D Couling officer: SVP, Entertainment C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Todd Pendleton officer: SVP, Chief Marketing Officer 1275 MARKET STREET, SAN FRANCISCO CA 94103
Emily Rollins director C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Anjali Sud director C/O VIMEO INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Simon Segars director C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Avadis Tevanian director DOLBY LABORATORIES INC, 1275 MARKET STREET, SAN FRANCISCO CA 94103
Peter C Gotcher director
Ryan Nicholson officer: VP, Corporate Controller C/O DOLBY LABORATORIES INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Shriram Revankar officer: SVP, Advanced Technology Group C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Tony A Prophet director 9 BERNICE STREET, SAN FRANCISCO CA 94103
Robert J Park officer: SVP & Chief Financial Officer C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Steven E Forshay officer: Sr. Vice President, Research 1275 MARKET STREET, SAN FRANCISCO CA 94103
Lewis Chew officer: EVP, Chief Financial Officer DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103