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Tapestry (FRA:COY) Shiller PE Ratio : 17.89 (As of May. 04, 2024)


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What is Tapestry Shiller PE Ratio?

As of today (2024-05-04), Tapestry's current share price is €36.32. Tapestry's E10 for the quarter that ended in Dec. 2023 was €2.03. Tapestry's Shiller PE Ratio for today is 17.89.

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

FRA:COY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.6   Med: 15.45   Max: 27.29
Current: 17.44

During the past years, Tapestry's highest Shiller PE Ratio was 27.29. The lowest was 4.60. And the median was 15.45.

FRA:COY's Shiller PE Ratio is ranked worse than
50.62% of 563 companies
in the Retail - Cyclical industry
Industry Median: 17.26 vs FRA:COY: 17.44

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.

Tapestry's adjusted earnings per share data for the three months ended in Dec. 2023 was €1.275. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tapestry Shiller PE Ratio Historical Data

The historical data trend for Tapestry'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.

Tapestry Shiller PE Ratio Chart

Tapestry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.04 6.21 19.76 13.45 18.98

Tapestry Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.07 19.26 18.98 12.73 16.36

Competitive Comparison of Tapestry's Shiller PE Ratio

For the Luxury Goods subindustry, Tapestry'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.


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

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

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



Tapestry 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.

Tapestry's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=36.32/2.03
=17.89

* 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.

Tapestry's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Tapestry's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.275/129.4194*129.4194
=1.275

Current CPI (Dec. 2023) = 129.4194.

Tapestry Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.492 99.695 0.639
201406 0.199 100.560 0.256
201409 0.334 100.428 0.430
201412 0.535 99.070 0.699
201503 0.296 99.621 0.385
201506 0.036 100.684 0.046
201509 0.312 100.392 0.402
201512 0.560 99.792 0.726
201603 0.359 100.470 0.462
201606 0.258 101.688 0.328
201609 0.374 101.861 0.475
201612 0.673 101.863 0.855
201703 0.402 102.862 0.506
201706 0.472 103.349 0.591
201709 -0.050 104.136 -0.062
201712 0.186 104.011 0.231
201803 0.389 105.290 0.478
201806 0.625 106.317 0.761
201809 0.360 106.507 0.437
201812 0.774 105.998 0.945
201903 0.354 107.251 0.427
201906 0.451 108.070 0.540
201909 0.064 108.329 0.076
201912 0.972 108.420 1.160
202003 -2.217 108.902 -2.635
202006 -0.941 108.767 -1.120
202009 0.705 109.815 0.831
202012 0.912 109.897 1.074
202103 0.269 111.754 0.312
202106 0.573 114.631 0.647
202109 0.680 115.734 0.760
202112 1.018 117.630 1.120
202203 0.418 121.301 0.446
202206 0.710 125.017 0.735
202209 0.798 125.227 0.825
202212 1.284 125.222 1.327
202303 0.729 127.348 0.741
202306 0.877 128.729 0.882
202309 0.787 129.860 0.784
202312 1.275 129.419 1.275

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.


Tapestry  (FRA:COY) 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.


Tapestry Shiller PE Ratio Related Terms

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


Tapestry (FRA:COY) Business Description

Traded in Other Exchanges
Address
10 Hudson Yards, New York, NY, USA, 10001
Coach, Kate Spade, and Stuart Weitzman are Tapestry's fashion and accessory brands. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (66% of fiscal 2023 sales), Europe, Asia (29% of fiscal 2023 sales), and elsewhere. Coach (75% of fiscal 2023 sales) is best known for affordable luxury leather products. Kate Spade (21% of fiscal 2023 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2023. Stuart Weitzman (4% of sales) generates nearly all its revenue from women's footwear. In August 2023, Tapestry agreed to acquire rival Capri and its three brands, Michael Kors, Versace, and Jimmy Choo.

Tapestry (FRA:COY) Headlines

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