Switch to:
Pep Boys - Manny Moe & Jack (NYSE:PBY)
Shiller P/E Ratio
42.10 (As of Today)

As of today, Pep Boys - Manny Moe & Jack's current share price is $10.60. Pep Boys - Manny Moe & Jack's E10 for the quarter that ended in Jan. 2014 was $0.25. Pep Boys - Manny Moe & Jack's Shiller P/E Ratio for today is 42.10.

PBY' s 10-Year Shiller P/E Ratio Range
Min: 34.2   Max: 2260
Current: 42.1

34.2
2260

During the past 13 years, Pep Boys - Manny Moe & Jack's highest Shiller P/E Ratio was 2260.00. The lowest was 34.20. And the median was 163.99.

PBY's Shiller P/E Ratiois ranked lower than
68% of the 541 Companies
in the Global Specialty Retail industry.

( Industry Median: 20.92 vs. PBY: 42.10 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Pep Boys - Manny Moe & Jack's adjusted earnings per share data for the three months ended in Jan. 2014 was $-0.063. Since most companies do not have as long as 10 years history, here we use 6 years to calculate. Add all the adjusted EPS for the past 6 years together and divide 6 will get our E10, which is $0.25 for the trailing six years ended in Jan. 2014.


Definition

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Pep Boys - Manny Moe & Jack's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=10.60/0.25
=42.40

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Pep Boys - Manny Moe & Jack's E10 for the fiscal year that ended in Jan14 is calculated as:

For example, Pep Boys - Manny Moe & Jack's adjusted earnings per share data for the three months ended in Jan. 2014 was:

Adj_EPS=Earnigns per Share/CPI of Jan. 2014*CPI of Current
=-0.062/233.916*236.511
=-0.063

Since most companies do not have as long as 10 years history, here we use 6 years to calculate:

Current CPI = 236.511.

Pep Boys - Manny Moe & Jack Quarterly Data

201110201201201204201207201210201301201304201307201310201401
per share eps 0.130-0.0830.0200.610-0.130-0.2720.0700.1000.020-0.062
CPI 226.421226.665230.085229.104231.317230.280232.531233.596233.546233.916
Adj_EPS 0.136-0.0870.0210.630-0.133-0.2790.0710.1010.020-0.063
200904200907200910201001201004201007201010201101201104201107
per share eps 0.2100.1500.0400.0430.2300.2000.1100.1570.2300.260
CPI 213.240215.351216.177216.687218.009218.011218.711220.223224.906225.922
Adj_EPS 0.2330.1650.0440.0470.2500.2170.1190.1690.2420.272
200804200807200810200901
per share eps 0.0900.100-0.140-0.637
CPI 214.823219.964216.573211.143
Adj_EPS 0.0990.108-0.153-0.714

Add all the adjusted EPS together and divide 6 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Pep Boys - Manny Moe & Jack Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
ShillerPE 124.59-265.03155.51-72.66-6.98-37.31-72.31448.75140.5247.42

Pep Boys - Manny Moe & Jack Quarterly Data

Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14
ShillerPE -225.58448.75383.0467.1865.33140.52144.15150.2169.2347.42
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide