GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Cintas Corp (NAS:CTAS) » Definitions » Shiller PE Ratio

Cintas (Cintas) Shiller PE Ratio

: 68.29 (As of Today)
View and export this data going back to 1983. Start your Free Trial

As of today (2024-04-23), Cintas's current share price is $664.42. Cintas's E10 for the quarter that ended in Feb. 2024 was $9.73. Cintas's Shiller PE Ratio for today is 68.29.

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

CTAS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.8   Med: 49.53   Max: 70.61
Current: 68.29

During the past years, Cintas's highest Shiller PE Ratio was 70.61. The lowest was 21.80. And the median was 49.53.

CTAS's Shiller PE Ratio is ranked worse than
89.9% of 505 companies
in the Business Services industry
Industry Median: 18.95 vs CTAS: 68.29

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.

Cintas's adjusted earnings per share data for the three months ended in Feb. 2024 was $3.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $9.73 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cintas Shiller PE Ratio Historical Data

The historical data trend for Cintas'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.

Cintas Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.18 49.78 58.20 53.02 53.63

Cintas 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 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 Premium Member Only Premium Member Only Premium Member Only 51.78 53.63 54.95 58.58 64.61

Competitive Comparison

For the Specialty Business Services subindustry, Cintas'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.


Cintas Shiller PE Ratio Distribution

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

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



Cintas 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.

Cintas's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=664.42/9.73
=68.29

* 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.

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

For example, Cintas'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)
=3.84/129.4194*129.4194
=3.840

Current CPI (Feb. 2024) = 129.4194.

Cintas Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 1.030 100.373 1.328
201408 0.930 100.352 1.199
201411 1.000 99.635 1.299
201502 0.800 99.032 1.045
201505 0.900 100.333 1.161
201508 0.880 100.548 1.133
201511 3.060 100.135 3.955
201602 1.050 100.040 1.358
201605 1.200 101.355 1.532
201608 1.260 101.617 1.605
201611 1.290 101.829 1.640
201702 1.070 102.779 1.347
201705 0.760 103.256 0.953
201708 1.960 103.587 2.449
201711 1.230 104.072 1.530
201802 2.710 105.052 3.339
201805 1.660 106.148 2.024
201808 1.890 106.383 2.299
201811 2.180 106.338 2.653
201902 1.850 106.649 2.245
201905 2.060 108.048 2.467
201908 2.320 108.245 2.774
201911 2.270 108.519 2.707
202002 2.160 109.139 2.561
202005 1.350 108.175 1.615
202008 2.780 109.662 3.281
202011 2.620 109.793 3.088
202102 2.370 110.968 2.764
202105 2.470 113.576 2.815
202108 3.110 115.421 3.487
202111 2.760 117.269 3.046
202202 2.970 119.703 3.211
202205 2.810 123.323 2.949
202208 3.390 124.958 3.511
202211 3.120 125.607 3.215
202302 3.140 126.928 3.202
202305 3.330 128.314 3.359
202308 3.700 129.538 3.697
202311 3.610 129.548 3.606
202402 3.840 129.419 3.840

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.


Cintas  (NAS:CTAS) 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.


Cintas Shiller PE Ratio Related Terms

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


Cintas (Cintas) Business Description

Traded in Other Exchanges
Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products generally include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.
Executives
J. Michael Hansen officer: VP & CFO 6800 CINTAS BOULEVARD, CINCINNATI OH 45262-5737
Ronald W Tysoe director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Robert E. Coletti director, officer: Assistant Secretary P.O. BOX 625737, 6800 CINTAS BLVD., CINCINNATI OH 45262
Melanie W. Barstad director P.O. BOX 625737, MASON OH 45040
David Brock Denton officer: Sr VP, Secretary & Gen Counsel P.O. BOX 625737, CINCINNATI OH 45262
John F Barrett director
Michael Lawrence Thompson officer: Executive Vice President & CAO 6800 CINTAS BOULEVARD, P.O. BOX 625737, CINCINNATI OH 45262
Todd M. Schneider director, officer: CEO and Director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Joseph Scaminace director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115
Gerald S Adolph director 101 PARK AVENUE, ROOM 2005, NEW YORK NY 10178
Jim Rozakis officer: Executive Vice President & COO 6800 CINTAS BLVD, CINCINNATI OH 45262
Martin Mucci director 911 PANORAMA TRAIL S, ROCHESTER NY 14625
Thomas E Frooman officer: VP, Secretary & Gen. Counsel
James J Johnson director C/O THE PROCTER & GAMBLE COMPANY,, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
James Phillip Holloman officer: President and COO P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262

Cintas (Cintas) Headlines