Switch to:
GuruFocus has detected 5 Warning Signs with Sonic Corp $SONC.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Sonic Corp (NAS:SONC)
Shiller PE Ratio
31.85 (As of Today)

As of today, Sonic Corp's current share price is $28.03. Sonic Corp's E10 for the quarter that ended in Feb. 2017 was $0.88. Sonic Corp's Shiller P/E Ratio for today is 31.85.

SONC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.82   Max: 45.75
Current: 31.99


During the past 13 years, Sonic Corp's highest Shiller P/E Ratio was 45.75. The lowest was 8.82. And the median was 25.51.

SONC's Shiller PE Ratio is ranked higher than
54% of the 68 Companies
in the Global Restaurants industry.

( Industry Median: 29.52 vs. SONC: 31.99 )

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.

Sonic Corp's adjusted earnings per share data for the three months ended in Feb. 2017 was $0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.88 for the trailing ten years ended in Feb. 2017.


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.

Sonic Corp's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10

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

Sonic Corp's E10 for the fiscal year that ended in Aug16 is calculated as:

For example, Sonic Corp's adjusted earnings per share data for the three months ended in Feb. 2017 was:

Adj_EPS=Earnigns per Share/CPI of Feb. 2017 (Change)*Current CPI (Feb. 2017)

Current CPI (Feb. 2017) = 243.603.

Sonic Corp Quarterly Data

per share eps 0.1800.1400.3800.5000.2400.2200.3100.5200.2800.250
CPI 236.151234.722237.805238.316237.336237.111240.229240.849241.353243.603
Adj_EPS 0.1860.1450.3890.5110.2460.2260.3140.5260.2830.250
per share eps 0.2400.2400.1100.0600.2600.2100.1400.0700.3000.340
CPI 229.815230.379230.221232.166232.945233.877233.069234.781237.900237.852
Adj_EPS 0.2540.2540.1160.0630.2720.2190.1460.0730.3070.348
per share eps 0.100-0.0100.1800.0700.1200.070-0.0800.2000.0900.030
CPI 216.330216.741218.178218.312218.803221.309225.964226.545226.230227.663
Adj_EPS 0.113-0.0110.2010.0780.1340.077-0.0860.2150.0970.032
per share eps 0.3100.3300.2200.1500.2800.3300.1200.1400.2700.270
CPI 207.949207.917210.177211.693216.632219.086212.425212.193213.856215.834
Adj_EPS 0.3630.3870.2550.1730.3150.3670.1380.1610.3080.305

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


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.

Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10

Historical Data

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

Sonic Corp Annual Data

ShillerPE 36.1120.3915.4010.3912.4512.4220.8227.0633.0933.82

Sonic Corp Quarterly Data

ShillerPE 34.9441.2838.2833.0935.8636.0136.2233.8230.2928.86
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat