GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cable One Inc (NYSE:CABO) » Definitions » Shiller PE Ratio

Cable One (Cable One) Shiller PE Ratio : 9.86 (As of Apr. 26, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Cable One Shiller PE Ratio?

As of today (2024-04-26), Cable One's current share price is $389.24. Cable One's E10 for the quarter that ended in Dec. 2023 was $39.48. Cable One's Shiller PE Ratio for today is 9.86.

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

CABO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.8   Med: 13.76   Max: 18.17
Current: 9.86

During the past years, Cable One's highest Shiller PE Ratio was 18.17. The lowest was 9.80. And the median was 13.76.

CABO's Shiller PE Ratio is ranked better than
72.86% of 210 companies
in the Telecommunication Services industry
Industry Median: 14.865 vs CABO: 9.86

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.

Cable One's adjusted earnings per share data for the three months ended in Dec. 2023 was $19.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $39.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cable One Shiller PE Ratio Historical Data

The historical data trend for Cable One'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.

Cable One Shiller PE Ratio Chart

Cable One 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 - - - - 14.10

Cable One Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 16.43 15.38 14.10

Competitive Comparison of Cable One's Shiller PE Ratio

For the Telecom Services subindustry, Cable One'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.


Cable One's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cable One's Shiller PE Ratio distribution charts can be found below:

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



Cable One 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.

Cable One's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=389.24/39.48
=9.86

* 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.

Cable One's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Cable One's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=19.39/129.4194*129.4194
=19.390

Current CPI (Dec. 2023) = 129.4194.

Cable One Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 4.176 99.695 5.421
201406 4.608 100.560 5.930
201409 11.871 100.428 15.298
201412 4.613 99.070 6.026
201503 3.792 99.621 4.926
201506 3.670 100.684 4.717
201509 3.300 100.392 4.254
201512 4.920 99.792 6.381
201603 4.650 100.470 5.990
201606 4.620 101.688 5.880
201609 3.630 101.861 4.612
201612 4.230 101.863 5.374
201703 5.600 102.862 7.046
201706 4.850 103.349 6.073
201709 5.370 104.136 6.674
201712 24.890 104.011 30.970
201803 7.080 105.290 8.703
201806 7.650 106.317 9.312
201809 6.700 106.507 8.141
201812 7.340 105.998 8.962
201903 6.780 107.251 8.181
201906 6.350 108.070 7.604
201909 8.680 108.329 10.370
201912 9.320 108.420 11.125
202003 12.050 108.902 14.320
202006 10.630 108.767 12.648
202009 10.960 109.815 12.917
202012 17.540 109.897 20.656
202103 11.190 111.754 12.959
202106 16.680 114.631 18.832
202109 8.330 115.734 9.315
202112 10.540 117.630 11.596
202203 26.850 121.301 28.647
202206 11.110 125.017 11.501
202209 11.530 125.227 11.916
202212 -13.380 125.222 -13.829
202303 9.620 127.348 9.776
202306 9.360 128.729 9.410
202309 6.810 129.860 6.787
202312 19.390 129.419 19.390

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.


Cable One  (NYSE:CABO) 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.


Cable One Shiller PE Ratio Related Terms

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


Cable One (Cable One) Business Description

Traded in Other Exchanges
Address
210 East Earll Drive, Phoenix, AZ, USA, 85012
Cable One Inc is a telecommunications company. It derives revenue from the provision of broadband, voice, and video services to residential and business customers. From a product perspective, the majority of revenue is sourced from data and video services. This revenue is subscription-based and billed monthly. The company also offers Sparklight TV, an internet protocol-based (IPTV) video service that allows customers with our Sparklight TV app to stream our video channels from the cloud. The company also derives advertising revenue from selling airtime on its video channels. Voice services are offered over Internet protocols. The company owns a telecommunications infrastructure.
Executives
Thomas O. Might director, officer: Chairman and CEO 210 E. EARLL DRIVE, PHOENIX AZ 85012
Matthew Armstrong officer: SVP Residential Services 210 E EARLL DRIVE, PHOENIX AZ 85012
P Robert Bartolo director 1220 AUGUSTA DRIVE, SUITE 600, HOUSTON TX 77057
Eric Michael Lardy officer: SVP C/O CABLE ONE, INC., 210 E. EARLL DRIVE, PHOENIX AZ 85012
Christopher D Boone officer: See Remarks 210 E EARLL DR, C/O CABLE ONE, INC., PHOENIX AZ 85012
Thomas Sinnickson Gayner director C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brad D. Brian director C/O CABLE ONE, INC., 210 E. EARLL DRIVE, PHOENIX AZ 85012
James A Obermeyer officer: SVP, Marketing & Sales C/O CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Peter N. Witty officer: See Remarks CABLE ONE, 210 E. EARLL DRIVE, PHOENIX AZ 85012
Wallace R Weitz director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Steven Scott Cochran officer: SVP C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Julia M. Laulis officer: President and COO 210 E. EARLL DRIVE, PHOENIX AZ 85012
Todd M Koetje officer: See Remarks CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Margaret Masoner Detz officer: SVP, Human Resources C/O CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Katharine Weymouth director 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209

Cable One (Cable One) Headlines

From GuruFocus

HUTCHINSON CAPITAL MANAGEMENT/CA Buys 1, Sells 4 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-15-2023

Cable One Awards $30,000 to Fund Youth STEM Projects

By PRNewswire PRNewswire 06-01-2022

Cable One to Host Conference Call to Discuss Second Quarter 2022 Results

By Business Wire Business Wire 07-21-2022

Cable One Awards $30,000 to Fund Youth STEM Projects

By PRNewswire PRNewswire 07-11-2022

Cable One Declares Quarterly Dividend

By Business Wire 11-16-2023

Cable One Named Top Employer for Women by WICT Network

By PRNewswire PRNewswire 12-27-2022