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General Mills Shiller PE Ratio

: 18.62 (As of Today)
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As of today (2019-09-19), General Mills's current share price is $54.57. General Mills's E10 for the quarter that ended in May. 2019 was $2.93. General Mills's Shiller P/E Ratio for today is 18.62.

NYSE:GIS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.26   Max: 29.58
Current: 18.61

13.26
29.58

During the past years, General Mills's highest Shiller P/E Ratio was 29.58. The lowest was 13.26. And the median was 21.36.

NYSE:GIS's Shiller PE Ratio is ranked higher than
55% of the 608 Companies
in the Consumer Packaged Goods industry.

( Industry Median: 20.49 vs. NYSE:GIS: 18.61 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

General Mills's adjusted earnings per share data for the three months ended in May. 2019 was $0.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.93 for the trailing ten years ended in May. 2019.


General Mills 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.

General Mills Annual Data
May10 May11 May12 May13 May14 May15 May16 May17 May18 May19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.15 25.62 21.95 15.06 16.87

General Mills Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 15.06 16.27 15.00 16.41 16.87

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.


General Mills Shiller PE Ratio Distribution

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



General Mills Shiller PE Ratio Calculation

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

General Mills's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/ E10
=54.57/2.93
=18.62

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

General Mills's E10 for the fiscal year that ended in May19 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2019 (Change)*Current CPI (May. 2019)
=0.94/256.092*256.092
=0.940

Current CPI (May. 2019) = 256.092.

General Mills Quarterly Data

per_share_eps CPI Adj_EPS
200908 0.620 215.834 0.736
200911 0.830 216.330 0.983
201002 0.480 216.741 0.567
201005 0.300 218.178 0.352
201008 0.700 218.312 0.821
201011 0.920 218.803 1.077
201102 0.590 221.309 0.683
201105 0.480 225.964 0.544
201108 0.610 226.545 0.690
201111 0.670 226.230 0.758
201202 0.580 227.663 0.652
201205 0.490 229.815 0.546
201208 0.820 230.379 0.912
201211 0.820 230.221 0.912
201302 0.600 232.166 0.662
201305 0.550 232.945 0.605
201308 0.700 233.877 0.766
201311 0.840 233.069 0.923
201402 0.640 234.781 0.698
201405 0.650 237.900 0.700
201408 0.550 237.852 0.592
201411 0.560 236.151 0.607
201502 0.560 234.722 0.611
201505 0.300 237.805 0.323
201508 0.690 238.316 0.741
201511 0.870 237.336 0.939
201602 0.590 237.111 0.637
201605 0.620 240.229 0.661
201608 0.670 240.849 0.712
201611 0.800 241.353 0.849
201702 0.610 243.603 0.641
201705 0.690 244.733 0.722
201708 0.690 245.519 0.720
201711 0.740 246.669 0.768
201802 1.620 248.991 1.666
201805 0.590 251.588 0.601
201808 0.650 252.146 0.660
201811 0.570 252.038 0.579
201902 0.740 252.776 0.750
201905 0.940 256.092 0.940

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


  (:) Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


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