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Loblaw (Loblaw) Shiller PE Ratio : 38.94 (As of Apr. 25, 2024)


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What is Loblaw Shiller PE Ratio?

As of today (2024-04-25), Loblaw's current share price is $110.19. Loblaw's E10 for the quarter that ended in Dec. 2023 was $2.83. Loblaw's Shiller PE Ratio for today is 38.94.

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

LBLCF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.49   Med: 28.47   Max: 40.84
Current: 40.46

During the past years, Loblaw's highest Shiller PE Ratio was 40.84. The lowest was 14.49. And the median was 28.47.

LBLCF's Shiller PE Ratio is ranked worse than
82.47% of 194 companies
in the Retail - Defensive industry
Industry Median: 20.525 vs LBLCF: 40.46

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.

Loblaw's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.275. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loblaw Shiller PE Ratio Historical Data

The historical data trend for Loblaw'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.

Loblaw Shiller PE Ratio Chart

Loblaw 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 27.91 25.47 36.83 36.58 34.09

Loblaw Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 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 36.58 36.37 34.56 31.58 34.09

Competitive Comparison of Loblaw's Shiller PE Ratio

For the Grocery Stores subindustry, Loblaw'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.


Loblaw's Shiller PE Ratio Distribution in the Retail - Defensive Industry

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

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



Loblaw 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.

Loblaw's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=110.19/2.83
=38.94

* 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.

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

For example, Loblaw'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)
=1.275/125.4675*125.4675
=1.275

Current CPI (Dec. 2023) = 125.4675.

Loblaw Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.376 96.945 0.487
201403 0.378 98.604 0.481
201406 -1.043 99.473 -1.316
201409 0.309 99.394 0.390
201412 0.572 98.367 0.730
201503 0.277 99.789 0.348
201506 0.356 100.500 0.444
201509 0.302 100.421 0.377
201512 0.168 99.947 0.211
201603 0.355 101.054 0.441
201606 0.302 102.002 0.371
201609 0.786 101.765 0.969
201612 0.367 101.449 0.454
201703 0.433 102.634 0.529
201706 0.677 103.029 0.824
201709 1.824 103.345 2.214
201712 0.070 103.345 0.085
201803 0.758 105.004 0.906
201806 0.099 105.557 0.118
201809 0.215 105.636 0.255
201812 0.439 105.399 0.523
201903 0.396 106.979 0.464
201906 0.579 107.690 0.675
201909 0.680 107.611 0.793
201912 0.532 107.769 0.619
202003 0.473 107.927 0.550
202009 0.726 108.164 0.842
202012 0.757 108.559 0.875
202103 0.716 110.298 0.814
202106 0.892 111.720 1.002
202109 1.002 112.905 1.113
202112 1.711 113.774 1.887
202203 1.027 117.646 1.095
202206 0.906 120.806 0.941
202209 1.267 120.648 1.318
202212 1.163 120.964 1.206
202303 0.943 122.702 0.964
202306 1.189 124.203 1.201
202309 1.441 125.230 1.444
202312 1.275 125.468 1.275

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.


Loblaw  (OTCPK:LBLCF) 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.


Loblaw Shiller PE Ratio Related Terms

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


Loblaw (Loblaw) Business Description

Traded in Other Exchanges
Address
1 President’s Choice Circle, Brampton, ON, CAN, L6Y 5S5
Loblaw is Canada's largest retailer, operating 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program and also offers credit cards and insurance brokerage, which are collectively referred to as financial services. George Weston is Loblaw's controlling shareholder with a 53% stake.

Loblaw (Loblaw) Headlines

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