As of today (2024-04-16), Best Buy Co's current share price is $75.17. Best Buy Co's E10 for the quarter that ended in Jan. 2024 was $6.14. Best Buy Co's Shiller PE Ratio for today is 12.24.
The historical rank and industry rank for Best Buy Co's Shiller PE Ratio or its related term are showing as below:
BBY'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.58 Med: 19.4 Max: 40.46
Current: 12.24
During the past years, Best Buy Co's highest Shiller PE Ratio was 40.46. The lowest was 10.58. And the median was 19.40.
BBY's Shiller PE Ratio is ranked better than 66.96% of 560
companies
in the Retail - Cyclical industry
Industry Median: 16.765
vs BBY: 12.24
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.
Best Buy Co's adjusted earnings per share data for the three months ended in Jan. 2024 was $2.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $6.14 for the trailing ten years ended in Jan. 2024.
Shiller PE for Stocks: The True Measure of Stock Valuation
Best Buy Co Shiller PE Ratio Historical Data
The historical data trend for Best Buy 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.
Best Buy Co Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Shiller PE Ratio
28.44
32.84
23.46
15.76
11.80
Best Buy Co Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Shiller PE Ratio
15.76
12.73
14.03
11.03
11.80
Competitive Comparison
For the Specialty Retail subindustry, Best Buy 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.
Best Buy Co Shiller PE Ratio Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Best Buy Co's Shiller PE Ratio falls into.
Best Buy 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.
Best Buy Co's Shiller PE Ratio for today is calculated as
* 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.
Best Buy Co's E10 for the quarter that ended in Jan. 2024 is calculated as:
For example, Best Buy Co's adjusted earnings per share data for the three months ended in Jan. 2024 was:
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.
Best Buy Co (NYSE:BBY) 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.
Best Buy Co Shiller PE Ratio Related Terms
Thank you for viewing the detailed overview of Best Buy Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
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