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La-Z-Boy (STU:LAZ) Shiller PE Ratio : 14.58 (As of May. 11, 2024)


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What is La-Z-Boy Shiller PE Ratio?

As of today (2024-05-11), La-Z-Boy's current share price is €32.80. La-Z-Boy's E10 for the quarter that ended in Jan. 2024 was €2.25. La-Z-Boy's Shiller PE Ratio for today is 14.58.

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

STU:LAZ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.52   Med: 28.33   Max: 193.56
Current: 14.83

During the past years, La-Z-Boy's highest Shiller PE Ratio was 193.56. The lowest was 10.52. And the median was 28.33.

STU:LAZ's Shiller PE Ratio is ranked better than
64.12% of 262 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 19.8 vs STU:LAZ: 14.83

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.

La-Z-Boy's adjusted earnings per share data for the three months ended in Jan. 2024 was €0.606. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.25 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


La-Z-Boy Shiller PE Ratio Historical Data

The historical data trend for La-Z-Boy'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.

La-Z-Boy Shiller PE Ratio Chart

La-Z-Boy Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.03 16.03 26.73 13.54 12.61

La-Z-Boy 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 12.85 12.61 13.44 12.33 14.56

Competitive Comparison of La-Z-Boy's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, La-Z-Boy'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.


La-Z-Boy's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, La-Z-Boy's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where La-Z-Boy's Shiller PE Ratio falls into.



La-Z-Boy 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.

La-Z-Boy's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=32.80/2.25
=14.58

* 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.

La-Z-Boy's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, La-Z-Boy'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)
=0.606/129.4194*129.4194
=0.606

Current CPI (Jan. 2024) = 129.4194.

La-Z-Boy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.167 100.023 0.216
201407 0.185 100.520 0.238
201410 0.292 100.176 0.377
201501 0.293 98.604 0.385
201504 0.360 99.824 0.467
201507 0.245 100.691 0.315
201510 0.365 100.346 0.471
201601 0.396 99.957 0.513
201604 0.388 100.947 0.497
201607 0.253 101.524 0.323
201610 0.381 101.988 0.483
201701 0.442 102.456 0.558
201704 0.532 103.167 0.667
201707 0.208 103.278 0.261
201710 0.400 104.070 0.497
201801 0.205 104.578 0.254
201804 0.587 105.708 0.719
201807 0.334 106.324 0.407
201810 0.365 106.695 0.443
201901 0.534 106.200 0.651
201904 0.027 107.818 0.032
201907 0.339 108.250 0.405
201910 0.434 108.577 0.517
202001 0.667 108.841 0.793
202004 0.046 108.173 0.055
202007 0.087 109.318 0.103
202010 0.638 109.861 0.752
202101 0.509 110.364 0.597
202104 0.677 112.673 0.778
202107 0.457 115.183 0.513
202110 0.767 116.696 0.851
202201 0.575 118.619 0.627
202204 1.222 121.978 1.297
202207 0.875 125.002 0.906
202210 1.086 125.734 1.118
202301 0.687 126.223 0.704
202304 0.711 127.992 0.719
202307 0.570 128.974 0.572
202310 0.597 129.810 0.595
202401 0.606 129.419 0.606

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.


La-Z-Boy  (STU:LAZ) 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.


La-Z-Boy Shiller PE Ratio Related Terms

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


La-Z-Boy (STU:LAZ) Business Description

Traded in Other Exchanges
Address
One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138
La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment. Some of the core brands of the firm include England, Kincaid, American Drew, and Hammary.

La-Z-Boy (STU:LAZ) Headlines

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