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Hormel Foods Shiller PE Ratio

: 30.34 (As of Today)
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As of today (2019-10-22), Hormel Foods's current share price is $40.65. Hormel Foods's E10 for the quarter that ended in Jul. 2019 was $1.34. Hormel Foods's Shiller P/E Ratio for today is 30.34.

NYSE:HRL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.43   Max: 50.01
Current: 30.31

14.43
50.01

During the past years, Hormel Foods's highest Shiller P/E Ratio was 50.01. The lowest was 14.43. And the median was 30.33.

NYSE:HRL's Shiller PE Ratio is ranked lower than
71% of the 608 Companies
in the Consumer Packaged Goods industry.

( Industry Median: 20.40 vs. NYSE:HRL: 30.31 )

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.

Hormel Foods's adjusted earnings per share data for the three months ended in Jul. 2019 was $0.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.34 for the trailing ten years ended in Jul. 2019.


Hormel Foods 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.

Hormel Foods Annual Data
Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.36 39.46 39.45 28.61 34.94

Hormel Foods Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
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 29.88 34.94 33.50 30.20 30.53

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.


Hormel Foods Shiller PE Ratio Distribution

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



Hormel Foods 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.

Hormel Foods's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/ E10
=40.65/1.34
=30.34

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

Hormel Foods's E10 for the fiscal year that ended in Oct18 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jul. 2019 (Change)*Current CPI (Jul. 2019)
=0.37/256.168*256.168
=0.370

Current CPI (Jul. 2019) = 256.168.

Hormel Foods Quarterly Data

per_share_eps CPI Adj_EPS
200910 0.193 216.177 0.228
201001 0.205 216.687 0.242
201004 0.145 218.009 0.170
201007 0.160 218.011 0.188
201010 0.225 218.711 0.264
201101 0.275 220.223 0.320
201104 0.200 224.906 0.228
201107 0.180 225.922 0.204
201110 0.215 226.421 0.243
201201 0.240 226.665 0.271
201204 0.240 230.085 0.267
201207 0.205 229.104 0.229
201210 0.245 231.317 0.271
201301 0.240 230.280 0.267
201304 0.230 232.531 0.253
201307 0.210 233.596 0.230
201310 0.290 233.546 0.318
201401 0.285 233.916 0.312
201404 0.260 237.072 0.281
201407 0.255 238.250 0.274
201410 0.315 237.433 0.340
201501 0.320 233.707 0.351
201504 0.330 236.599 0.357
201507 0.270 238.654 0.290
201510 0.345 237.838 0.372
201601 0.430 236.916 0.465
201604 0.400 239.261 0.428
201607 0.360 240.628 0.383
201610 0.450 241.729 0.477
201701 0.440 242.839 0.464
201704 0.390 244.524 0.409
201707 0.340 244.786 0.356
201710 0.410 246.663 0.426
201801 0.560 247.867 0.579
201804 0.440 250.546 0.450
201807 0.390 252.006 0.396
201810 0.480 252.885 0.486
201901 0.440 251.712 0.448
201904 0.520 255.548 0.521
201907 0.370 256.168 0.370

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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