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Best Buy Co (BSP:BBYY34) Shiller PE Ratio : 12.61 (As of Apr. 26, 2024)


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What is Best Buy Co Shiller PE Ratio?

As of today (2024-04-26), Best Buy Co's current share price is R$383.00. Best Buy Co's E10 for the quarter that ended in Jan. 2024 was R$30.37. Best Buy Co's Shiller PE Ratio for today is 12.61.

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

BSP:BBYY34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.58   Med: 19.35   Max: 40.46
Current: 12.25

During the past years, Best Buy Co's highest Shiller PE Ratio was 40.46. The lowest was 10.58. And the median was 19.35.

BSP:BBYY34's Shiller PE Ratio is ranked better than
68.16% of 559 companies
in the Retail - Cyclical industry
Industry Median: 17.19 vs BSP:BBYY34: 12.25

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.

Best Buy Co's adjusted earnings per share data for the three months ended in Jan. 2024 was R$10.427. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$30.37 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Best Buy Co Shiller PE Ratio Historical Data

The historical data trend for Best Buy Co'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.

Best Buy Co Shiller PE Ratio Chart

Best Buy Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.44 32.84 23.46 15.76 11.80

Best Buy Co 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 15.76 12.73 14.03 11.03 11.80

Competitive Comparison of Best Buy Co's Shiller PE Ratio

For the Specialty Retail subindustry, Best Buy Co'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.


Best Buy Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Best Buy Co's Shiller PE Ratio falls into.



Best Buy Co 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.

Best Buy Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=383.00/30.37
=12.61

* 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.

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

For example, Best Buy Co'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)
=10.427/129.4194*129.4194
=10.427

Current CPI (Jan. 2024) = 129.4194.

Best Buy Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 2.925 100.023 3.785
201407 0.934 100.520 1.203
201410 0.735 100.176 0.950
201501 3.847 98.604 5.049
201504 1.095 99.824 1.420
201507 1.485 100.691 1.909
201510 1.395 100.346 1.799
201601 5.678 99.957 7.352
201604 2.494 100.947 3.197
201607 2.000 101.524 2.550
201610 1.943 101.988 2.466
201701 6.093 102.456 7.696
201704 1.883 103.167 2.362
201707 2.144 103.278 2.687
201710 2.490 104.070 3.097
201801 3.950 104.578 4.888
201804 2.454 105.708 3.004
201807 3.287 106.324 4.001
201810 3.723 106.695 4.516
201901 10.049 106.200 12.246
201904 3.819 107.818 4.584
201907 3.363 108.250 4.021
201910 4.491 108.577 5.353
202001 11.789 108.841 14.018
202004 3.243 108.173 3.880
202007 8.701 109.318 10.301
202010 8.325 109.861 9.807
202101 16.639 110.364 19.512
202104 12.919 112.673 14.839
202107 14.967 115.183 16.817
202110 11.083 116.696 12.291
202201 14.489 118.619 15.808
202204 7.085 121.978 7.517
202207 7.247 125.002 7.503
202210 6.408 125.734 6.596
202301 11.579 126.223 11.872
202304 5.574 127.992 5.636
202307 6.001 128.974 6.022
202310 6.118 129.810 6.100
202401 10.427 129.419 10.427

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.


Best Buy Co  (BSP:BBYY34) 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.


Best Buy Co Shiller PE Ratio Related Terms

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


Best Buy Co (BSP:BBYY34) Business Description

Traded in Other Exchanges
Address
7601 Penn Avenue South, Richfield, MN, USA, 55423
With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Best Buy Co (BSP:BBYY34) Headlines

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