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Target Corp  (NYSE:TGT) Shiller PE Ratio: 19.66 (As of Today)

As of today, Target Corp's current share price is $81.57. Target Corp's E10 for the quarter that ended in Apr. 2019 was $4.15. Target Corp's Shiller P/E Ratio for today is 19.66.

NYSE:TGT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.14   Max: 26.44
Current: 19.64

10.14
26.44

During the past years, Target Corp's highest Shiller P/E Ratio was 26.44. The lowest was 10.14. And the median was 17.75.

NYSE:TGT's Shiller PE Ratio is ranked higher than
60% of the 99 Companies
in the Global industry.

( Industry Median: 21.51 vs. NYSE:TGT: 19.64 )

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.

Target Corp's adjusted earnings per share data for the three months ended in Apr. 2019 was $1.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.15 for the trailing ten years ended in Apr. 2019.


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.

Target Corp Annual Data

Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.61 21.59 18.21 20.06 18.06

Target Corp Quarterly Data

Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19
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 18.94 20.55 20.98 18.06 18.65

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.


Target Corp Distribution

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



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.

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

Shiller P/E Ratio=Share Price/ E10
=81.57/4.15
=19.66

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

Target Corp's E10 for the fiscal year that ended in Jan19 is calculated as:

For example, Target Corp's adjusted earnings per share data for the three months ended in Apr. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2019 (Change)*Current CPI (Apr. 2019)
=1.53/254.915*254.915
=1.530

Current CPI (Apr. 2019) = 254.915.

Target Corp Quarterly Data

per_share_eps CPI Adj_EPS
200907 0.790 215.351 0.935
200910 0.580 216.177 0.684
201001 1.240 216.687 1.459
201004 0.900 218.009 1.052
201007 0.920 218.011 1.076
201010 0.740 218.711 0.862
201101 1.430 220.223 1.655
201104 0.990 224.906 1.122
201107 1.030 225.922 1.162
201110 0.820 226.421 0.923
201201 1.440 226.665 1.619
201204 1.040 230.085 1.152
201207 1.060 229.104 1.179
201210 0.960 231.317 1.058
201301 1.470 230.280 1.627
201304 0.770 232.531 0.844
201307 0.950 233.596 1.037
201310 0.540 233.546 0.589
201401 0.810 233.916 0.883
201404 0.660 237.072 0.710
201407 0.370 238.250 0.396
201410 0.550 237.433 0.590
201501 -4.140 233.707 -4.516
201504 0.980 236.599 1.056
201507 1.180 238.654 1.260
201510 0.870 237.838 0.932
201601 2.320 236.916 2.496
201604 1.050 239.261 1.119
201607 1.160 240.628 1.229
201610 1.060 241.729 1.118
201701 1.450 242.839 1.522
201704 1.220 244.524 1.272
201707 1.220 244.786 1.270
201710 0.870 246.663 0.899
201801 2.020 247.867 2.077
201804 1.330 250.546 1.353
201807 1.490 252.006 1.507
201810 1.170 252.885 1.179
201901 1.520 251.712 1.539
201904 1.530 254.915 1.530

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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