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CBS Shiller PE Ratio

: 12.06 (As of Today)
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As of today (2019-12-05), CBS's current share price is $40.77. CBS's E10 for the quarter that ended in Sep. 2019 was $3.38. CBS's Shiller PE Ratio for today is 12.06.

NYSE:CBS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.66   Max: 374.61
Current: 12.08

10.66
374.61

During the past years, CBS's highest Shiller PE Ratio was 374.61. The lowest was 10.66. And the median was 155.20.

NYSE:CBS's Shiller PE Ratio is ranked higher than
69% of the 331 Companies
in the Media - Diversified industry.

( Industry Median: 18.13 vs. NYSE:CBS: 12.08 )

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.

CBS's adjusted earnings per share data for the three months ended in Sep. 2019 was $0.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.38 for the trailing ten years ended in Sep. 2019.


CBS Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

CBS Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 159.35 198.48 281.84 16.06

CBS Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 21.89 16.06 14.95 15.00 11.96

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.


CBS Shiller PE Ratio Distribution

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



CBS 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.

CBS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=40.77/3.38
=12.06

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

CBS's E10 for the quarter that ended in Sep. 2019 is calculated as:

For example, CBS's adjusted earnings per share data for the three months ended in Sep. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.85/256.358*256.358
=0.850

Current CPI (Sep. 2019) = 256.358.

CBS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200912 0.080 215.949 0.095
201003 -0.040 217.631 -0.047
201006 0.220 217.965 0.259
201009 0.460 218.439 0.540
201012 0.400 219.179 0.468
201103 0.290 223.467 0.333
201106 0.580 225.722 0.659
201109 0.500 226.889 0.565
201112 0.560 225.672 0.636
201203 0.540 229.392 0.603
201206 0.650 229.478 0.726
201209 0.600 231.407 0.665
201212 0.600 229.601 0.670
201303 0.690 232.773 0.760
201306 0.760 233.504 0.834
201309 0.800 234.149 0.876
201312 0.760 233.049 0.836
201403 0.780 236.293 0.846
201406 0.760 238.343 0.817
201409 3.030 238.031 3.263
201412 0.790 234.812 0.862
201503 0.780 236.119 0.847
201506 0.670 238.638 0.720
201509 0.880 237.945 0.948
201512 0.550 236.525 0.596
201603 1.020 238.132 1.098
201606 0.930 241.018 0.989
201609 1.070 241.428 1.136
201612 -0.270 241.432 -0.287
201703 -0.610 243.801 -0.641
201706 0.140 244.955 0.147
201709 1.460 246.819 1.516
201712 -0.100 246.524 -0.104
201803 1.320 249.554 1.356
201806 1.050 251.989 1.068
201809 1.290 252.439 1.310
201812 1.490 251.233 1.520
201903 4.210 254.202 4.246
201906 1.170 256.143 1.171
201909 0.850 256.358 0.850

Add all the adjusted EPS together and divide 10 will get our E10.


CBS  (NYSE:CBS) 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.


CBS Shiller PE Ratio Related Terms


CBS Shiller PE Ratio Headlines

From the Internet

CBS
Why CBS Stock Rose 12% Last Month

- Fool 2019-12-05 10:22:00

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