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Sonic (SONC) Shiller PE Ratio : 43.49 (As of Apr. 25, 2024)


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What is Sonic Shiller PE Ratio?

As of today (2024-04-25), Sonic's current share price is $43.49. Sonic's E10 for the quarter that ended in Aug. 2018 was $1.00. Sonic's Shiller PE Ratio for today is 43.49.

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

SONC's Shiller PE Ratio is not ranked *
in the Restaurants industry.
Industry Median: 27.95
* 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.

Sonic's adjusted earnings per share data for the three months ended in Aug. 2018 was $0.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.00 for the trailing ten years ended in Aug. 2018.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sonic Shiller PE Ratio Historical Data

The historical data trend for Sonic'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.

Sonic Shiller PE Ratio Chart

Sonic Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.04 33.08 33.82 25.96 36.03

Sonic Quarterly Data
Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18
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 25.96 27.98 26.52 24.72 36.03

Competitive Comparison of Sonic's Shiller PE Ratio

For the Restaurants subindustry, Sonic'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.


Sonic's Shiller PE Ratio Distribution in the Restaurants Industry

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

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



Sonic 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.

Sonic's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=43.49/1
=43.49

* 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.

Sonic's E10 for the quarter that ended in Aug. 2018 is calculated as:

For example, Sonic's adjusted earnings per share data for the three months ended in Aug. 2018 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Aug. 2018 (Change)*Current CPI (Aug. 2018)
=0.51/106.3831*106.3831
=0.510

Current CPI (Aug. 2018) = 106.3831.

Sonic Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200811 0.120 89.624 0.142
200902 0.140 89.527 0.166
200905 0.270 90.228 0.318
200908 0.270 91.063 0.315
200911 0.100 91.272 0.117
201002 -0.010 91.445 -0.012
201005 0.180 92.052 0.208
201008 0.070 92.108 0.081
201011 0.120 92.315 0.138
201102 0.070 93.373 0.080
201105 -0.080 95.337 -0.089
201108 0.200 95.582 0.223
201111 0.090 95.449 0.100
201202 0.030 96.053 0.033
201205 0.240 96.961 0.263
201208 0.240 97.199 0.263
201211 0.110 97.133 0.120
201302 0.060 97.953 0.065
201305 0.260 98.282 0.281
201308 0.210 98.675 0.226
201311 0.140 98.334 0.151
201402 0.070 99.057 0.075
201405 0.300 100.373 0.318
201408 0.340 100.352 0.360
201411 0.180 99.635 0.192
201502 0.140 99.032 0.150
201505 0.380 100.333 0.403
201508 0.500 100.548 0.529
201511 0.240 100.135 0.255
201602 0.220 100.040 0.234
201605 0.310 101.355 0.325
201608 0.520 101.617 0.544
201611 0.280 101.829 0.293
201702 0.250 102.779 0.259
201705 0.440 103.256 0.453
201708 0.490 103.587 0.503
201711 0.290 104.072 0.296
201802 0.510 105.052 0.516
201805 0.580 106.148 0.581
201808 0.510 106.383 0.510

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.


Sonic  (NAS:SONC) 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.


Sonic Shiller PE Ratio Related Terms

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


Sonic (SONC) Business Description

Traded in Other Exchanges
N/A
Address
Sonic Corp operates and franchises drive-in restaurants throughout the United States. The restaurants typically consist of a building that houses only a kitchen to go along with 16 to 24 parking spaces that have their own payment terminals, intercom speakers, and menu boards. Carhops serve customers in their cars. Many locations also have a drive-thru lane and patio seating as alternatives. Sonic franchises roughly 90% of its restaurants, and the royalty revenue the company earns on franchise sales contributes roughly a quarter of total company revenue. Company-operated stores provide the balance of total revenue. Sonic owns the property on which hundreds of its restaurants are located. For those properties that house franchised stores, franchisees lease from the company.
Executives
Steven A Davis director 3776 SOUTH HIGH ST, COLUMBUS OH 43207
Lauren R Hobart director 345 COURT STREET, CORAOPOLIS PA 15275
Tony Bartel director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Kathy L Taylor director C/O FREDERIC DORWART LAWYERS, 124 EAST FOURTH STREET, TULSA OK 74103
Pedro Claudia San officer: President 300 JOHNNY BENCH DRIVE, OKLAHOMA CITY OK 73104
Kate S Lavelle director 24089 3RD STREET, FAIRHOPE AL 36532
Federico F Pena director 711 HIGH STREET, DES MOINES IA 50392-0300
J Larry Nichols director DEVON ENERGY CORP, 20 NORTH BROADWAY STE 1500, OKLAHOMA CITY OK 73102-8260
Southeastern Asset Management Inc/tn/ 10 percent owner 6410 POPLAR AVENUE, SUITE 900, MEMPHIS TN 38119
Longleaf Partners Funds Trust 10 percent owner C/O SOUTHEASTERN ASSET MANAGEMENT, 6410 POPLAR AVE, SUITE 900, MEMPHIS TN 38119
Todd Whitney Smith officer: President and CMO 300 JOHNNY BENCH DRIVE, OKLAHOMA CITY OK 73104
Craig Jeffrey Miller officer: Former Officer of Subsidiary 5008 HARTRIDGE WAY, GREENSBORO NC 27407
Robert M Rosenberg director
Michael J Maples director 2208 WINDSOR ROAD, AUSTIN TX 78703
Douglas N Benham director