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Cal-Maine Foods Inc  (NAS:CALM) Shiller PE Ratio: 19.23 (As of Today)

As of today, Cal-Maine Foods Inc's current share price is $42.30. Cal-Maine Foods Inc's E10 for the quarter that ended in Aug. 2017 was $2.20. Cal-Maine Foods Inc's Shiller P/E Ratio for today is 19.23.

NAS:CALM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.61   Max: 54.92
Current: 19.18

13.61
54.92

During the past years, Cal-Maine Foods Inc's highest Shiller P/E Ratio was 54.92. The lowest was 13.61. And the median was 19.15.

NAS:CALM's Shiller PE Ratio is ranked higher than
71% of the 338 Companies
in the Global industry.

( Industry Median: 26.07 vs. NAS:CALM: 19.18 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Cal-Maine Foods Inc's adjusted earnings per share data for the three months ended in Aug. 2017 was $-0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.20 for the trailing ten years ended in Aug. 2017.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Cal-Maine Foods Inc Annual Data

May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.69 24.32 31.54 17.94 16.30

Cal-Maine Foods Inc Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 18.90 17.20 16.12 16.30 16.54

Competitive Comparison
* 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.


Calculation

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Cal-Maine Foods Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/ E10
=42.30/2.20
=19.23

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Cal-Maine Foods Inc's E10 for the fiscal year that ended in May17 is calculated as:

For example, Cal-Maine Foods Inc's adjusted earnings per share data for the three months ended in Aug. 2017 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Aug. 2017 (Change)*Current CPI (Aug. 2017)
=-0.33/245.519*245.519
=-0.330

Current CPI (Aug. 2017) = 245.519.

Cal-Maine Foods Inc Quarterly Data

per_share_eps CPI Adj_EPS

Add all the adjusted EPS together and divide 10 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

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Investors Thinking Nafta Short Term

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