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Carter's (BSP:CRIN34) Shiller PE Ratio : 12.83 (As of Jun. 04, 2024)


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What is Carter's Shiller PE Ratio?

As of today (2024-06-04), Carter's's current share price is R$181.26. Carter's's E10 for the quarter that ended in Mar. 2024 was R$14.13. Carter's's Shiller PE Ratio for today is 12.83.

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

BSP:CRIN34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.09   Med: 25.46   Max: 56.39
Current: 10.63

During the past years, Carter's's highest Shiller PE Ratio was 56.39. The lowest was 10.09. And the median was 25.46.

BSP:CRIN34's Shiller PE Ratio is ranked better than
73.14% of 566 companies
in the Retail - Cyclical industry
Industry Median: 17.285 vs BSP:CRIN34: 10.63

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.

Carter's's adjusted earnings per share data for the three months ended in Mar. 2024 was R$2.589. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$14.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carter's Shiller PE Ratio Historical Data

The historical data trend for Carter's'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.

Carter's Shiller PE Ratio Chart

Carter's Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.81 21.28 19.13 12.59 11.72

Carter's Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.92 11.86 11.11 11.72 12.97

Competitive Comparison of Carter's's Shiller PE Ratio

For the Apparel Retail subindustry, Carter's'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.


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

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

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



Carter's 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.

Carter's's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=181.26/14.13
=12.83

* 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.

Carter's's E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.589/131.7762*131.7762
=2.589

Current CPI (Mar. 2024) = 131.7762.

Carter's Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.537 100.560 0.704
201409 1.438 100.428 1.887
201412 1.704 99.070 2.267
201503 1.476 99.621 1.952
201506 1.058 100.684 1.385
201509 2.947 100.392 3.868
201512 2.697 99.792 3.561
201603 1.923 100.470 2.522
201606 1.215 101.688 1.575
201609 2.603 101.861 3.367
201612 2.952 101.863 3.819
201703 1.486 102.862 1.904
201706 1.269 103.349 1.618
201709 2.678 104.136 3.389
201712 4.679 104.011 5.928
201803 1.459 105.290 1.826
201806 1.490 106.317 1.847
201809 3.143 106.507 3.889
201812 5.495 105.998 6.831
201903 1.440 107.251 1.769
201906 1.870 108.070 2.280
201909 2.760 108.329 3.357
201912 5.787 108.420 7.034
202003 -4.446 108.902 -5.380
202006 0.493 108.767 0.597
202009 4.995 109.815 5.994
202012 5.814 109.897 6.972
202103 5.522 111.754 6.511
202106 4.073 114.631 4.682
202109 5.094 115.734 5.800
202112 6.531 117.630 7.316
202203 4.130 121.301 4.487
202206 2.347 125.017 2.474
202209 4.378 125.227 4.607
202212 5.534 125.222 5.824
202303 2.474 127.348 2.560
202306 1.553 128.729 1.590
202309 4.395 129.860 4.460
202312 7.105 129.419 7.234
202403 2.589 131.776 2.589

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.


Carter's  (BSP:CRIN34) 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.


Carter's Shiller PE Ratio Related Terms

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


Carter's (BSP:CRIN34) Business Description

Traded in Other Exchanges
Address
3438 Peachtree Road North East, Phipps Tower, Suite 1800, Atlanta, GA, USA, 30326
Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products through a multi-channel business model, which includes retail stores, eCommerce, and wholesale sales channels, as well as retail omnichannel capabilities in the United States and Canada, which enables it to reach a broad range of consumers around the world. The company operates in three segments; U.S. Retail, U.S. Wholesale, and International. The majority of Carter's sales are in the U.S. and through Carter's brand. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.

Carter's (BSP:CRIN34) Headlines

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