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Hanesbrands (NYSE:HBI) Shiller PE Ratio

: 4.99 (As of Today)
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As of today (2023-09-25), Hanesbrands's current share price is $4.19. Hanesbrands's E10 for the quarter that ended in Jun. 2023 was $0.84. Hanesbrands's Shiller PE Ratio for today is 4.99.

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

HBI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.63   Med: 21.73   Max: 46.2
Current: 5.01

During the past years, Hanesbrands's highest Shiller PE Ratio was 46.20. The lowest was 4.63. And the median was 21.73.

HBI's Shiller PE Ratio is ranked better than
91.76% of 631 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 16.68 vs HBI: 5.01

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.

Hanesbrands's adjusted earnings per share data for the three months ended in Jun. 2023 was $-0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.84 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanesbrands Shiller PE Ratio Historical Data

The historical data trend for Hanesbrands'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.

Hanesbrands Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.35 15.08 15.99 18.32 7.19

Hanesbrands Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 9.90 6.76 7.19 6.03 5.42

Competitive Comparison

For the Apparel Manufacturing subindustry, Hanesbrands'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.

   

Hanesbrands Shiller PE Ratio Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hanesbrands's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hanesbrands's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.



Hanesbrands 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.

Hanesbrands's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.19/0.84
=4.99

* 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.

Hanesbrands's E10 for the quarter that ended in Jun. 2023 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.06/128.7287*128.7287
=-0.060

Current CPI (Jun. 2023) = 128.7287.

Hanesbrands Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 0.308 98.790 0.401
201312 0.080 98.326 0.105
201403 0.100 99.695 0.129
201406 0.380 100.560 0.486
201409 0.290 100.428 0.372
201412 0.220 99.070 0.286
201503 0.130 99.621 0.168
201506 0.230 100.684 0.294
201509 0.400 100.392 0.513
201512 0.300 99.792 0.387
201603 0.210 100.470 0.269
201606 0.340 101.688 0.430
201609 0.450 101.861 0.569
201612 0.410 101.863 0.518
201703 0.190 102.862 0.238
201706 0.470 103.349 0.585
201709 0.550 104.136 0.680
201712 -1.060 104.011 -1.312
201803 0.220 105.290 0.269
201806 0.390 106.317 0.472
201809 0.470 106.507 0.568
201812 0.440 105.998 0.534
201903 0.220 107.251 0.264
201906 0.410 108.070 0.488
201909 0.510 108.329 0.606
201912 0.510 108.420 0.606
202003 -0.020 108.902 -0.024
202006 0.460 108.767 0.544
202009 0.290 109.815 0.340
202012 -0.950 109.897 -1.113
202103 -0.750 111.754 -0.864
202106 0.370 114.631 0.416
202109 0.430 115.734 0.478
202112 0.170 117.630 0.186
202203 0.340 121.301 0.361
202206 0.260 125.017 0.268
202209 0.230 125.227 0.236
202212 -1.190 125.222 -1.223
202303 -0.100 127.348 -0.101
202306 -0.060 128.729 -0.060

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.


Hanesbrands  (NYSE:HBI) 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.


Hanesbrands Shiller PE Ratio Related Terms

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


Hanesbrands (NYSE:HBI) Business Description

Hanesbrands logo
Traded in Other Exchanges
Address
1000 East Hanes Mill Road, Winston-Salem, NC, USA, 27105
Hanesbrands manufactures basic and athletic apparel under brands including Hanes, Champion, Playtex, Maidenform, Bali, Berlei, and Bonds. The company sells wholesale to discount, midmarket, and department store retailers as well as direct to consumers through stores and e-commerce. Hanesbrands is vertically integrated as it produces more than 70% of its products in company-controlled factories in more than three dozen nations. Hanesbrands distributes products in the Americas, Europe, and Asia-Pacific. The company was founded in 1901 and is based in Winston-Salem, North Carolina.
Executives
Mark A Irvin director 7601 PENN AVENUE, RICHFIELD MN 55423
Michael Dastugue officer: Chief Financial Officer 6501 LEGACY DRIVE, PLANO TX 75024
William S Simon director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Joseph W Cavaliere officer: President Innerwear Global 1000 E. HANES MILL ROAD, WINSTON-SALEM NC 27105
Markland Scott Lewis officer: Chief Accounting Officer 1000 EAST HANES MILL ROAD, LEGAL DEPARTMENT, WINSTON-SALEM NC 27105
Michael E. Faircloth officer: EVP Supply Chain - Global 1000 EAST HANES MILL ROAD, WINSTON-SALEM NC 27105
Geralyn Breig director ONE OLD COUNTRY ROAD, SUITE 500, CARLE PLACE NY 11514
Scott A Pleiman officer: See Remarks 1000 E. HANES MILL ROAD, WINSTON-SALEM NC 27105
Robert F Moran director C/O GNC HOLDINGS, INC., 300 SIXTH AVENUE, PITTSBURGH PA 15222
Tracy M Preston officer: GC, Corp Sec and CCO 1000 E. HANES MILL ROAD, WINSTON-SALEM NC 27105
James C Johnson director 1901 CHOUTEAU AVENUE, P. O. BOX 66149, MC-1370, ST. LOUIS MO 63166-6149
Kristin L Oliver officer: Chief Human Resources Officer 11215 METRO PARKWAY, FORT MYERS FL 33966
Franck J Moison director C/O COLGATE PALMOLIVE CO, 300 PARK AVE 15TH FL, NEW YORK NY 10022
Ann Elizabeth Ziegler director ONE EAST WACKER DR, CHICAGO IL 60601
Bobby J Griffin director C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PL STE 700, STAMFORD CT 06902