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Macy's Shiller PE Ratio

: 7.86 (As of Today)
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As of today (2021-04-21), Macy's's current share price is MXN319.500000. Macy's's E10 for the quarter that ended in Jan. 2021 was MXN40.67. Macy's's Shiller PE Ratio for today is 7.86.

MEX:M' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.6   Med: 39.14   Max: 145
Current: 8.12

1.6
145

During the past years, Macy's's highest Shiller PE Ratio was 145.00. The lowest was 1.60. And the median was 39.14.

MEX:M's Shiller PE Ratio is ranked higher than
84% of the 518 Companies
in the Retail - Cyclical industry.

( Industry Median: 18.94 vs. MEX:M: 8.12 )

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 Jan. 2021 was MXN9.971. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN40.67 for the trailing ten years ended in Jan. 2021.

Shiller PE for Stocks: The True Measure of Stock Valuation


Macy's Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Macy's Annual Data
Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.48 16.67 7.98 4.61 7.63

Macy's Quarterly Data
Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21
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 4.61 2.58 2.85 2.97 7.63

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.


Macy's Shiller PE Ratio Distribution

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



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
=319.500000/40.67
=7.86

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

Macy's's E10 for the quarter that ended in Jan. 2021 is calculated as:

For example, Macy's's adjusted earnings per share data for the three months ended in Jan. 2021 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2021 (Change)*Current CPI (Jan. 2021)
=9.9705999909248/110.9684*110.9684
=9.971

Current CPI (Jan. 2021) = 110.9684.

Macy's Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201104 3.512 95.337 4.088
201107 6.421 95.582 7.454
201110 4.300 95.449 4.999
201201 23.286 96.053 26.902
201204 5.614 96.961 6.425
201207 8.954 97.199 10.222
201210 4.643 97.133 5.305
201301 22.727 97.953 25.746
201304 6.713 98.282 7.580
201307 9.188 98.675 10.333
201310 6.106 98.334 6.891
201401 28.560 99.057 31.994
201404 7.840 100.373 8.668
201407 10.393 100.352 11.493
201410 8.222 99.635 9.158
201501 32.481 99.032 36.396
201504 8.509 100.333 9.411
201507 10.209 100.548 11.267
201510 5.965 100.135 6.610
201601 31.252 100.040 34.666
201604 6.467 101.355 7.081
201607 0.558 101.617 0.610
201610 0.945 101.829 1.029
201701 32.942 102.779 35.567
201704 4.879 103.256 5.244
201707 6.411 103.587 6.868
201710 1.882 104.072 2.007
201801 81.510 105.052 86.100
201804 8.274 106.148 8.650
201807 10.062 106.383 10.496
201810 3.839 106.338 4.006
201901 45.626 106.649 47.473
201904 8.344 108.048 8.570
201907 5.333 108.245 5.467
201910 0.193 108.519 0.198
202001 20.499 109.139 20.843
202004 -278.793 108.175 -285.991
202007 -31.129 109.662 -31.500
202010 -6.171 109.793 -6.237
202101 9.971 110.968 9.971

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


Macy's Shiller PE Ratio Headlines

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