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Dolby Laboratories Shiller PE Ratio

: 30.38 (As of Today)
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As of today (2020-07-15), Dolby Laboratories's current share price is $65.61. Dolby Laboratories's E10 for the quarter that ended in Mar. 2020 was $2.16. Dolby Laboratories's Shiller PE Ratio for today is 30.38.

NYSE:DLB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.06   Med: 22.85   Max: 33.43
Current: 30.38

15.06
33.43

During the past years, Dolby Laboratories's highest Shiller PE Ratio was 33.43. The lowest was 15.06. And the median was 22.85.

NYSE:DLB's Shiller PE Ratio is ranked lower than
74% of the 387 Companies
in the Media - Diversified industry.

( Industry Median: 14.79 vs. NYSE:DLB: 30.38 )

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.

Dolby Laboratories's adjusted earnings per share data for the three months ended in Mar. 2020 was $0.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.16 for the trailing ten years ended in Mar. 2020.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dolby Laboratories 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.

Dolby Laboratories Annual Data
Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.00 25.16 25.67 32.40 29.50

Dolby Laboratories Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 28.72 29.54 29.50 31.66 25.11

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.


Dolby Laboratories Shiller PE Ratio Distribution

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



Dolby Laboratories 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.

Dolby Laboratories's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=65.61/2.16
=30.38

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

Dolby Laboratories's E10 for the quarter that ended in Mar. 2020 is calculated as:

For example, Dolby Laboratories's adjusted earnings per share data for the three months ended in Mar. 2020 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=0.86/108.1733*108.1733
=0.860

Current CPI (Mar. 2020) = 108.1733.

Dolby Laboratories Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201006 0.550 91.981 0.647
201009 0.570 92.277 0.668
201012 0.760 92.914 0.885
201103 0.720 94.890 0.821
201106 0.550 95.319 0.624
201109 0.720 95.529 0.815
201112 0.670 95.632 0.758
201203 0.810 97.075 0.903
201206 0.480 96.661 0.537
201209 0.490 97.595 0.543
201212 0.500 97.158 0.557
201303 0.600 98.107 0.662
201306 0.290 98.557 0.318
201309 0.440 98.536 0.483
201312 0.430 98.692 0.471
201403 0.730 100.023 0.789
201406 0.380 100.520 0.409
201409 0.440 100.176 0.475
201412 0.400 98.604 0.439
201503 0.560 99.824 0.607
201506 0.340 100.691 0.365
201509 0.430 100.346 0.464
201512 0.300 99.957 0.325
201603 0.660 100.947 0.707
201606 0.620 101.524 0.661
201609 0.230 101.988 0.244
201612 0.510 102.456 0.538
201703 0.490 103.167 0.514
201706 0.730 103.278 0.765
201709 0.210 104.070 0.218
201712 -0.520 104.578 -0.538
201803 0.610 105.708 0.624
201806 0.030 106.324 0.031
201809 0.470 106.695 0.477
201812 0.930 106.200 0.947
201903 0.700 107.818 0.702
201906 0.380 108.250 0.380
201909 0.430 108.577 0.428
201912 0.470 108.841 0.467
202003 0.860 108.173 0.860

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.


Dolby Laboratories  (NYSE:DLB) 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.


Dolby Laboratories Shiller PE Ratio Related Terms


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