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Patterson (Patterson) Shiller PE Ratio

: 20.93 (As of Today)
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As of today (2024-04-18), Patterson's current share price is $25.74. Patterson's E10 for the quarter that ended in Jan. 2024 was $1.23. Patterson's Shiller PE Ratio for today is 20.93.

The historical rank and industry rank for Patterson's Shiller PE Ratio or its related term are showing as below:

PDCO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.98   Med: 22.12   Max: 30.53
Current: 20.92

During the past years, Patterson's highest Shiller PE Ratio was 30.53. The lowest was 6.98. And the median was 22.12.

PDCO's Shiller PE Ratio is ranked worse than
50.91% of 55 companies
in the Medical Distribution industry
Industry Median: 20.84 vs PDCO: 20.92

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.

Patterson's adjusted earnings per share data for the three months ended in Jan. 2024 was $0.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.23 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Patterson Shiller PE Ratio Historical Data

The historical data trend for Patterson'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.

Patterson Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.72 15.10 26.89 24.39 21.32

Patterson 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 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 24.00 21.32 26.22 24.36 24.37

Competitive Comparison

For the Medical Distribution subindustry, Patterson'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.


Patterson Shiller PE Ratio Distribution

For the Medical Distribution industry and Healthcare sector, Patterson's Shiller PE Ratio distribution charts can be found below:

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



Patterson 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.

Patterson's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.74/1.23
=20.93

* 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.

Patterson's E10 for the quarter that ended in Jan. 2024 is calculated as:

For example, Patterson's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.52/129.4194*129.4194
=0.520

Current CPI (Jan. 2024) = 129.4194.

Patterson Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.550 100.023 0.712
201407 0.500 100.520 0.644
201410 0.540 100.176 0.698
201501 0.550 98.604 0.722
201504 0.650 99.824 0.843
201507 0.300 100.691 0.386
201510 0.360 100.346 0.464
201601 0.590 99.957 0.764
201604 0.680 100.947 0.872
201607 0.400 101.524 0.510
201610 0.480 101.988 0.609
201701 0.260 102.456 0.328
201704 0.650 103.167 0.815
201707 0.330 103.278 0.414
201710 0.430 104.070 0.535
201801 1.180 104.578 1.460
201804 0.230 105.708 0.282
201807 -0.050 106.324 -0.061
201810 0.310 106.695 0.376
201901 0.330 106.200 0.402
201904 0.300 107.818 0.360
201907 0.320 108.250 0.383
201910 -0.350 108.577 -0.417
202001 0.240 108.841 0.285
202004 -6.440 108.173 -7.705
202007 0.250 109.318 0.296
202010 0.560 109.861 0.660
202101 0.500 110.364 0.586
202104 0.300 112.673 0.345
202107 0.350 115.183 0.393
202110 0.490 116.696 0.543
202201 0.580 118.619 0.633
202204 0.650 121.978 0.690
202207 0.250 125.002 0.259
202210 0.550 125.734 0.566
202301 0.550 126.223 0.564
202304 0.770 127.992 0.779
202307 0.320 128.974 0.321
202310 0.420 129.810 0.419
202401 0.520 129.419 0.520

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.


Patterson  (NAS:PDCO) 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.


Patterson Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Patterson's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Patterson (Patterson) Business Description

Traded in Other Exchanges
Address
1031 Mendota Heights Road, Saint Paul, MN, USA, 55120
Patterson Companies Inc is a leading dental distributor and wholesaler of consumable products and equipment operating through two business segments, Patterson Dental, and Patterson Animal Health. The company's segment includes Dental, Animal Health, and Corporate. It generates maximum revenue from the Animal Health segment. Geographically, it derives a majority of its revenue from the United States.
Executives
Kevin Michael Barry officer: Chief Financial Officer 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Donald Zurbay officer: Chief Financial Officer C/O ST. JUDE MEDICAL, INC., ONE ST JUDE MEDICAL DRIVE, ST. PAUL MN 55117
Timothy E Rogan officer: President - Dental 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Les B Korsh officer: VP, General Counsel 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55110
Meenu Agarwal director 7246 E MERCER WAY, MERCER ISLAND WA 98040
Samantha L Bergeson officer: CHRO 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Andrea L. Frohning officer: Chief Human Resources Officer C/O DENTSLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Philip Mckoy director 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Jody H Feragen director 1 HORMEL PLACE, AUSTIN TX 55912
Eric R Shirley officer: President-Patterson Dental 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Francis Joseph Malecha director 9900 WEST 109TH STREET, SUITE 100, OVERLAND PARK KS 66210
Robert Frenzel director 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Dennis W Goedken officer: Interim CFO 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Ann B Gugino officer: Vice President 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
John D Buck director 4201 GULF SHORE BLVD NORTH, APT 1703N, NAPLES FL 34103

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