GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Greif Inc (NYSE:GEF.B) » Definitions » Shiller PE Ratio

Greif (GEF.B) Shiller PE Ratio : 16.91 (As of May. 10, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Greif Shiller PE Ratio?

As of today (2024-05-10), Greif's current share price is $65.09. Greif's E10 for the quarter that ended in Jan. 2024 was $3.85. Greif's Shiller PE Ratio for today is 16.91.

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

GEF.B' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.2   Med: 18.77   Max: 25.81
Current: 16.6

During the past years, Greif's highest Shiller PE Ratio was 25.81. The lowest was 9.20. And the median was 18.77.

GEF.B's Shiller PE Ratio is ranked better than
50.56% of 267 companies
in the Packaging & Containers industry
Industry Median: 16.82 vs GEF.B: 16.60

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.

Greif's adjusted earnings per share data for the three months ended in Jan. 2024 was $1.755. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.85 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greif Shiller PE Ratio Historical Data

The historical data trend for Greif'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.

Greif Shiller PE Ratio Chart

Greif Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.20 17.06 22.89 19.45 16.70

Greif Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 20.30 17.12 19.75 16.70 16.31

Competitive Comparison of Greif's Shiller PE Ratio

For the Packaging & Containers subindustry, Greif'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.


Greif's Shiller PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Greif's Shiller PE Ratio distribution charts can be found below:

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



Greif 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.

Greif's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=65.09/3.85
=16.91

* 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.

Greif's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Greif's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.755/129.4194*129.4194
=1.755

Current CPI (Jan. 2024) = 129.4194.

Greif Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.975 100.023 1.262
201407 0.345 100.520 0.444
201410 0.225 100.176 0.291
201501 0.780 98.604 1.024
201504 0.525 99.824 0.681
201507 0.225 100.691 0.289
201510 0.315 100.346 0.406
201601 -0.285 99.957 -0.369
201604 0.795 100.947 1.019
201607 1.170 101.524 1.491
201610 0.210 101.988 0.266
201701 0.150 102.456 0.189
201704 0.915 103.167 1.148
201707 1.110 103.278 1.391
201710 0.855 104.070 1.063
201801 1.440 104.578 1.782
201804 1.155 105.708 1.414
201807 1.725 106.324 2.100
201810 1.005 106.695 1.219
201901 0.765 106.200 0.932
201904 0.345 107.818 0.414
201907 1.590 108.250 1.901
201910 1.635 108.577 1.949
202001 0.825 108.841 0.981
202004 0.285 108.173 0.341
202007 0.525 109.318 0.622
202010 1.110 109.861 1.308
202101 0.600 110.364 0.704
202104 3.765 112.673 4.325
202107 2.835 115.183 3.185
202110 2.610 116.696 2.895
202201 0.255 118.619 0.278
202204 3.135 121.978 3.326
202207 3.540 125.002 3.665
202210 2.505 125.734 2.578
202301 2.310 126.223 2.368
202304 2.850 127.992 2.882
202307 2.325 128.974 2.333
202310 1.740 129.810 1.735
202401 1.755 129.419 1.755

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.


Greif  (NYSE:GEF.B) 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.


Greif Shiller PE Ratio Related Terms

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


Greif (GEF.B) Business Description

Traded in Other Exchanges
Address
425 Winter Road, Delaware, OH, USA, 43015
Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, blending, filling, logistics, warehousing, and other packaging services. The company operates in three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management. It operates in North and Latin America, Europe, Middle East, Africa and Asia Pacific regions.