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Macy's (MEX:M) Shiller PE Ratio : 7.71 (As of Jul. 14, 2025)


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What is Macy's Shiller PE Ratio?

As of today (2025-07-14), Macy's's current share price is MXN233.00. Macy's's E10 for the quarter that ended in Apr. 2025 was MXN30.24. Macy's's Shiller PE Ratio for today is 7.71.

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

MEX:M' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.39   Med: 9.36   Max: 55.62
Current: 7.72

During the past years, Macy's's highest Shiller PE Ratio was 55.62. The lowest was 1.39. And the median was 9.36.

MEX:M's Shiller PE Ratio is ranked better than
83.24% of 531 companies
in the Retail - Cyclical industry
Industry Median: 18.02 vs MEX:M: 7.72

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.

Macy's's adjusted earnings per share data for the three months ended in Apr. 2025 was MXN2.547. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN30.24 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Macy's Shiller PE Ratio Historical Data

The historical data trend for Macy's'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.

Macy's Shiller PE Ratio Chart

Macy's Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.60 11.47 9.94 9.27 9.33

Macy's Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 9.46 9.08 8.35 9.33 7.03

Competitive Comparison of Macy's's Shiller PE Ratio

For the Department Stores subindustry, Macy's'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.


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

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

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


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Macy's 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.

Macy's's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=233.00/30.24
=7.71

* 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.

Macy's's E10 for the quarter that ended in Apr. 2025 is calculated as:

For example, Macy's's adjusted earnings per share data for the three months ended in Apr. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=2.547/135.3468*135.3468
=2.547

Current CPI (Apr. 2025) = 135.3468.

Macy's Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201507 10.279 100.691 13.817
201510 5.951 100.346 8.027
201601 31.505 99.957 42.659
201604 6.360 100.947 8.527
201607 0.563 101.524 0.751
201610 0.939 101.988 1.246
201701 32.087 102.456 42.388
201704 4.923 103.167 6.459
201707 6.429 103.278 8.425
201710 1.913 104.070 2.488
201801 80.259 104.578 103.873
201804 8.447 105.708 10.815
201807 9.857 106.324 12.548
201810 4.051 106.695 5.139
201901 45.345 106.200 57.790
201904 8.358 107.818 10.492
201907 5.318 108.250 6.649
201910 0.192 108.577 0.239
202001 20.590 108.841 25.604
202004 -276.478 108.173 -345.930
202007 -30.894 109.318 -38.250
202010 -6.170 109.861 -7.601
202101 10.127 110.364 12.419
202104 6.454 112.673 7.753
202107 21.434 115.183 25.186
202110 15.619 116.696 18.115
202201 50.354 118.619 57.455
202204 19.952 121.978 22.139
202207 20.159 125.002 21.827
202210 7.741 125.734 8.333
202301 34.400 126.223 36.887
202304 10.073 127.992 10.652
202307 -1.337 128.974 -1.403
202310 2.708 129.810 2.824
202401 -4.466 130.124 -4.645
202404 3.754 132.289 3.841
202407 9.857 132.708 10.053
202410 2.003 133.182 2.036
202501 24.961 134.029 25.206
202504 2.547 135.347 2.547

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.


Macy's  (MEX:M) 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.


Macy's Shiller PE Ratio Related Terms

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


Macy's Business Description

Address
151 West 34th Street, New York, NY, USA, 10001
Founded in 1858 and based in New York City, Macy's operates about 450 stores under the Macy's nameplate, nearly 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's nameplates, and more than 170 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances constitute about 62% of Macy's sales.