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Nordstrom (BSP:J1WN34) Shiller PE Ratio : 9.49 (As of May. 11, 2024)


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What is Nordstrom Shiller PE Ratio?

As of today (2024-05-11), Nordstrom's current share price is R$105.70. Nordstrom's E10 for the quarter that ended in Jan. 2024 was R$11.14. Nordstrom's Shiller PE Ratio for today is 9.49.

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

BSP:J1WN34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.85   Med: 14.14   Max: 27.53
Current: 9.92

During the past years, Nordstrom's highest Shiller PE Ratio was 27.53. The lowest was 3.85. And the median was 14.14.

BSP:J1WN34's Shiller PE Ratio is ranked better than
76.46% of 565 companies
in the Retail - Cyclical industry
Industry Median: 17.34 vs BSP:J1WN34: 9.92

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.

Nordstrom's adjusted earnings per share data for the three months ended in Jan. 2024 was R$4.033. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$11.14 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordstrom Shiller PE Ratio Historical Data

The historical data trend for Nordstrom'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.

Nordstrom Shiller PE Ratio Chart

Nordstrom 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 10.88 13.33 8.76 8.06 8.75

Nordstrom 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 8.06 6.92 10.43 6.42 8.75

Competitive Comparison of Nordstrom's Shiller PE Ratio

For the Department Stores subindustry, Nordstrom'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.


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

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

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



Nordstrom 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.

Nordstrom's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=105.70/11.14
=9.49

* 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.

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

For example, Nordstrom'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)
=4.033/129.4194*129.4194
=4.033

Current CPI (Jan. 2024) = 129.4194.

Nordstrom Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 1.607 100.023 2.079
201407 2.113 100.520 2.720
201410 1.788 100.176 2.310
201501 3.478 98.604 4.565
201504 2.008 99.824 2.603
201507 3.519 100.691 4.523
201510 1.628 100.346 2.100
201601 4.056 99.957 5.251
201604 0.926 100.947 1.187
201607 2.196 101.524 2.799
201610 -0.191 101.988 -0.242
201701 3.669 102.456 4.635
201704 1.161 103.167 1.456
201707 2.080 103.278 2.606
201710 2.139 104.070 2.660
201801 2.858 104.578 3.537
201804 1.739 105.708 2.129
201807 3.631 106.324 4.420
201810 1.467 106.695 1.779
201901 5.529 106.200 6.738
201904 0.896 107.818 1.076
201907 3.401 108.250 4.066
201910 3.307 108.577 3.942
202001 5.106 108.841 6.071
202004 -17.706 108.173 -21.184
202007 -8.543 109.318 -10.114
202010 1.913 109.861 2.254
202101 1.127 110.364 1.322
202104 -5.847 112.673 -6.716
202107 2.529 115.183 2.842
202110 2.161 116.696 2.397
202201 6.802 118.619 7.421
202204 0.618 121.978 0.656
202207 4.134 125.002 4.280
202210 -0.683 125.734 -0.703
202301 3.842 126.223 3.939
202304 -6.377 127.992 -6.448
202307 4.032 128.974 4.046
202310 2.073 129.810 2.067
202401 4.033 129.419 4.033

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.


Nordstrom  (BSP:J1WN34) 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.


Nordstrom Shiller PE Ratio Related Terms

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


Nordstrom (BSP:J1WN34) Business Description

Traded in Other Exchanges
Address
1617 Sixth Avenue, Seattle, WA, USA, 98101
Nordstrom is a fashion retailer that operates about 93 department stores and approximately 260 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and seven Local locations. Nordstrom's largest merchandise categories are women's apparel (28% of 2022 sales), shoes (26% of 2022 sales), men's apparel (15% of 2022 sales), and women's accessories (13% of 2022 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.

Nordstrom (BSP:J1WN34) Headlines

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