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Tractor Supply Co (Tractor Supply Co) Shiller PE Ratio

: 40.06 (As of Today)
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As of today (2024-04-24), Tractor Supply Co's current share price is $256.01. Tractor Supply Co's E10 for the quarter that ended in Dec. 2023 was $6.39. Tractor Supply Co's Shiller PE Ratio for today is 40.06.

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

TSCO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.39   Med: 41.28   Max: 72.63
Current: 40.04

During the past years, Tractor Supply Co's highest Shiller PE Ratio was 72.63. The lowest was 25.39. And the median was 41.28.

TSCO's Shiller PE Ratio is ranked worse than
82.52% of 555 companies
in the Retail - Cyclical industry
Industry Median: 17.22 vs TSCO: 40.04

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.

Tractor Supply Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $2.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $6.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tractor Supply Co Shiller PE Ratio Historical Data

The historical data trend for Tractor Supply Co'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.

Tractor Supply Co 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 31.27 39.75 53.25 40.90 33.63

Tractor Supply Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 40.90 41.10 36.54 32.35 33.63

Competitive Comparison

For the Specialty Retail subindustry, Tractor Supply Co'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.


Tractor Supply Co Shiller PE Ratio Distribution

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

* The bar in red indicates where Tractor Supply Co's Shiller PE Ratio falls into.



Tractor Supply Co 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.

Tractor Supply Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=256.01/6.39
=40.06

* 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.

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

For example, Tractor Supply Co'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)
=2.28/129.4194*129.4194
=2.280

Current CPI (Dec. 2023) = 129.4194.

Tractor Supply Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.350 99.695 0.454
201406 0.950 100.560 1.223
201409 0.550 100.428 0.709
201412 0.810 99.070 1.058
201503 0.420 99.621 0.546
201506 1.120 100.684 1.440
201509 0.640 100.392 0.825
201512 0.820 99.792 1.063
201603 0.500 100.470 0.644
201606 1.160 101.688 1.476
201609 0.670 101.861 0.851
201612 0.940 101.863 1.194
201703 0.460 102.862 0.579
201706 1.250 103.349 1.565
201709 0.720 104.136 0.895
201712 0.870 104.011 1.083
201803 0.570 105.290 0.701
201806 1.690 106.317 2.057
201809 0.950 106.507 1.154
201812 1.110 105.998 1.355
201903 0.630 107.251 0.760
201906 1.800 108.070 2.156
201909 1.020 108.329 1.219
201912 1.210 108.420 1.444
202003 0.710 108.902 0.844
202006 2.900 108.767 3.451
202009 1.620 109.815 1.909
202012 1.150 109.897 1.354
202103 1.550 111.754 1.795
202106 3.190 114.631 3.602
202109 1.950 115.734 2.181
202112 1.930 117.630 2.123
202203 1.650 121.301 1.760
202206 3.530 125.017 3.654
202209 2.100 125.227 2.170
202212 2.430 125.222 2.511
202303 1.650 127.348 1.677
202306 3.830 128.729 3.851
202309 2.330 129.860 2.322
202312 2.280 129.419 2.280

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.


Tractor Supply Co  (NAS:TSCO) 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.


Tractor Supply Co Shiller PE Ratio Related Terms

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


Tractor Supply Co (Tractor Supply Co) Business Description

Address
5401 Virginia Way, Brentwood, TN, USA, 37027
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,198 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (to be converted to Tractor Supply banners), along with 195 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2022, revenue consisted primarily of livestock and pet (50%), hardware, tools, and truck (19%), and seasonal gift and toy (21%).
Executives
Joy Brown director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Kurt D Barton officer: SVP Chief Financial Officer 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Margaret M Ham director 14100 MCCORD RD., HUNTERSVILLE NC 28078
Jonathan S Estep officer: SVP General Merchandising TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Robert D Mills officer: SVP-Chief Information Officer TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Yankee Colin officer: EVP Supply Chain TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Melissa Kersey officer: EVP Chief HR Officer TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Noni L Ellison officer: SVP General Counsel TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Matthew L. Rubin officer: SVP Petsense GM TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Lawton Iii Harry A director, officer: President & CEO C/O EBAY INC., 2065, SAN JOSE CA 95125
Edna Morris director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Mark J Weikel director 4743 ENGLISH PLEAASURE DRIVE, MASON OH 45040
Kimberley S. Gardiner officer: SVP Chief Marketing Officer 3845 PACIFIC STREET, LONG BEACH CA 90807
Andre J Hawaux director 4000 DAIN RAUSCHER PLAZA, 60 SOUTH SIXTH STREET, MINNEAPOLIS MN 55402
Cynthia T Jamison director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027