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Golden Enterprises (Golden Enterprises) Shiller PE Ratio : 59.98 (As of May. 12, 2024)


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What is Golden Enterprises Shiller PE Ratio?

As of today (2024-05-12), Golden Enterprises's current share price is $11.996. Golden Enterprises's E10 for the quarter that ended in May. 2016 was $0.20. Golden Enterprises's Shiller PE Ratio for today is 59.98.

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

GLDC's Shiller PE Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 18.98
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Golden Enterprises's adjusted earnings per share data for the three months ended in May. 2016 was $0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.20 for the trailing ten years ended in May. 2016.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Enterprises Shiller PE Ratio Historical Data

The historical data trend for Golden Enterprises'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.

Golden Enterprises Shiller PE Ratio Chart

Golden Enterprises Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.43 25.50 29.15 24.06 27.92

Golden Enterprises Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16
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 24.06 22.24 24.50 25.10 27.92

Competitive Comparison of Golden Enterprises's Shiller PE Ratio

For the Packaged Foods subindustry, Golden Enterprises'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.


Golden Enterprises's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Enterprises's Shiller PE Ratio distribution charts can be found below:

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



Golden Enterprises 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.

Golden Enterprises's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.996/0.2
=59.98

* 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.

Golden Enterprises's E10 for the quarter that ended in May. 2016 is calculated as:

For example, Golden Enterprises's adjusted earnings per share data for the three months ended in May. 2016 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2016 (Change)*Current CPI (May. 2016)
=0.08/101.3552*101.3552
=0.080

Current CPI (May. 2016) = 101.3552.

Golden Enterprises Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200608 0.020 86.028 0.024
200611 -0.020 85.015 -0.024
200702 0.050 85.858 0.059
200705 0.050 87.736 0.058
200708 0.070 87.722 0.081
200711 0.020 88.676 0.023
200802 0.000 89.316 0.000
200805 0.010 91.399 0.011
200808 0.030 92.435 0.033
200811 0.060 89.624 0.068
200902 0.060 89.527 0.068
200905 0.020 90.228 0.022
200908 0.090 91.063 0.100
200911 0.060 91.272 0.067
201002 0.080 91.445 0.089
201005 0.130 92.052 0.143
201008 0.090 92.108 0.099
201011 0.050 92.315 0.055
201102 0.030 93.373 0.033
201105 0.090 95.337 0.096
201108 0.060 95.582 0.064
201111 0.040 95.449 0.042
201202 0.050 96.053 0.053
201205 0.040 96.961 0.042
201208 0.060 97.199 0.063
201211 0.040 97.133 0.042
201302 0.040 97.953 0.041
201305 -0.040 98.282 -0.041
201308 0.066 98.675 0.068
201311 0.002 98.334 0.002
201402 -0.048 99.057 -0.049
201405 0.060 100.373 0.061
201408 0.070 100.352 0.071
201411 0.003 99.635 0.003
201502 0.020 99.032 0.020
201505 0.060 100.333 0.061
201508 0.080 100.548 0.081
201511 0.050 100.135 0.051
201602 0.060 100.040 0.061
201605 0.080 101.355 0.080

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.


Golden Enterprises  (NAS:GLDC) 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.


Golden Enterprises Shiller PE Ratio Related Terms

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


Golden Enterprises (Golden Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
Golden Enterprises Inc was originally organized under the laws of the State of Alabama as Magic City Food Products, Inc. on June 11, 1946. On March 11, 1958, it adopted the name Golden Flake, Inc. The Company was reorganized December 31, 1967 as a Delaware corporation without changing any of its assets, liabilities, or business. The Company produces, markets, and distributes snack products in the Southeastern United States since 1923. The Company manufactures and distributes a salted snack items, such as potato chips, tortilla chips, corn chips, fried pork skins, baked and fried cheese curls, onion rings, and puff corn. It also sells canned dips, pretzels, peanut butter crackers, cheese crackers, dried meat products, and nuts packaged by other manufacturers using the Golden Flake label. The Company purchases raw materials used in manufacturing and processing its snack food products from various sources. The Company also purchases flexible bags or other suitable wrapping material for the storage, shipment, and presentation of the finished product to its customers. It sells its products through its own sales organization and independent distributors to commercial establishments, which sell food products in Alabama, Tennessee, Georgia, Mississippi, Louisiana, Kentucky, and South Carolina as well as parts of Florida, North Carolina, Arkansas, Missouri, Oklahoma, Virginia, Indiana, and Texas. The products are distributed to its customers by either company transportation or commercial carrier out of the Birmingham and Ocala plants. The Company owns central branch warehouses in Birmingham, Montgomery, Midfield, Demopolis, Fort Payne, Muscle Shoals, Huntsville, Phoenix City, Tuscaloosa, Mobile, Dothan, and Oxford, Alabama; Gulfport and Jackson, Mississippi; Knoxville and Memphis, Tennessee; Decatur and Macon, Georgia; Panama City, Tallahassee, and Pensacola, Florida; and New Orleans, Louisiana. It competes with companies, which are engaged in the production and distribution of food products similar to those produced and sold by the Golden Enterprises, Inc. The name "Golden Flake" and its regularly used symbol are federally registered trademarks of the Company. The Company also owns other trademarks such as "The South's Original Potato Chip", a Golden Flake design from 1922, the name "Sweetheat" and certain other trademarks not used on a regular basis.

Golden Enterprises (Golden Enterprises) Headlines