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AutoZone (FRA:AZ5) Shiller PE Ratio : 35.82 (As of Apr. 29, 2024)


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What is AutoZone Shiller PE Ratio?

As of today (2024-04-29), AutoZone's current share price is €2751.00. AutoZone's E10 for the quarter that ended in Feb. 2024 was €76.81. AutoZone's Shiller PE Ratio for today is 35.82.

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

FRA:AZ5' s Shiller PE Ratio Range Over the Past 10 Years
Min: 18.35   Med: 31.7   Max: 39.55
Current: 35.5

During the past years, AutoZone's highest Shiller PE Ratio was 39.55. The lowest was 18.35. And the median was 31.70.

FRA:AZ5's Shiller PE Ratio is ranked worse than
79.82% of 560 companies
in the Retail - Cyclical industry
Industry Median: 17.15 vs FRA:AZ5: 35.50

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.

AutoZone's adjusted earnings per share data for the three months ended in Feb. 2024 was €26.781. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €76.81 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AutoZone Shiller PE Ratio Historical Data

The historical data trend for AutoZone'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.

AutoZone Shiller PE Ratio Chart

AutoZone Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.51 27.65 29.27 31.96 32.25

AutoZone Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 34.90 32.04 32.25 32.25 36.22

Competitive Comparison of AutoZone's Shiller PE Ratio

For the Specialty Retail subindustry, AutoZone'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.


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

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

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



AutoZone 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.

AutoZone's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2751.00/76.81
=35.82

* 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.

AutoZone's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, AutoZone's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=26.781/129.4194*129.4194
=26.781

Current CPI (Feb. 2024) = 129.4194.

AutoZone Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 6.159 100.373 7.941
201408 8.471 100.352 10.925
201411 5.831 99.635 7.574
201502 5.735 99.032 7.495
201505 8.565 100.333 11.048
201508 11.450 100.548 14.738
201511 7.726 100.135 9.986
201602 6.702 100.040 8.670
201605 9.521 101.355 12.157
201608 12.756 101.617 16.246
201611 8.677 101.829 11.028
201702 7.587 102.779 9.554
201705 10.353 103.256 12.976
201708 12.934 103.587 16.159
201711 8.520 104.072 10.595
201802 8.408 105.052 10.358
201805 11.353 106.148 13.842
201808 13.007 106.383 15.824
201811 11.854 106.338 14.427
201902 10.123 106.649 12.284
201905 14.295 108.048 17.123
201908 18.834 108.245 22.518
201911 12.941 108.519 15.433
202002 11.362 109.139 13.473
202005 13.196 108.175 15.787
202008 26.136 109.662 30.845
202011 15.744 109.793 18.558
202102 12.347 110.968 14.400
202105 21.793 113.576 24.833
202108 30.362 115.421 34.044
202111 22.504 117.269 24.836
202202 19.646 119.703 21.241
202205 27.462 123.323 28.820
202208 39.983 124.958 41.411
202211 26.928 125.607 27.745
202302 23.014 126.928 23.466
202305 31.390 128.314 31.660
202308 42.604 129.538 42.565
202311 30.076 129.548 30.046
202402 26.781 129.419 26.781

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.


AutoZone  (FRA:AZ5) 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.


AutoZone Shiller PE Ratio Related Terms

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


AutoZone (FRA:AZ5) Business Description

Address
123 South Front Street, Memphis, TN, USA, 38103
AutoZone is the premier seller of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in the United States. The company derives an increasing proportion of its sales from domestic commercial customers, although its presence in its home market is still dominated by its do-it-yourself operation, which accounts for around 70% of sales in country. AutoZone also has a growing presence in Mexico and Brazil. AutoZone had 7,140 stores in the U.S. (6,300), Mexico (740), and Brazil (100) as of the end of fiscal 2023.

AutoZone (FRA:AZ5) Headlines

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