CAL (Caleres) Shiller PE Ratio: 11.55 (As of Sep. 16, 2026) — 64% Below Median

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CAL Caleres Inc CAL
72 GF Score
Price $12.31
GF Value $17.43
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Caleres Shiller PE Ratio?

Caleres CAL -1.83% 72 Shiller PE Ratio is 11.55 as of Sep. 16, 2026, which is 64% below its 10-year median of 32.27. GuruFocus rates CAL with a GF Score™ of 72/100 and a GF Value™ of $17.43 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 586 Retail - Cyclical companies, Caleres ranks better than 68.77% on this metric.

As of today (2026-09-16), Caleres's current share price is $12.31. Caleres's E10 for the quarter that ended in Jul. 2026 was $1.07. Caleres's Shiller PE Ratio for today is 11.55.

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

CAL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.72   Med: 32.27   Max: 225.27
Current: 11.5

During the past years, Caleres's highest Shiller PE Ratio was 225.27. The lowest was 2.72. And the median was 32.27.

CAL's Shiller PE Ratio is ranked better than
68.77% of 586 companies
in the Retail - Cyclical industry
Industry Median: 17.375 vs CAL: 11.50

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.

Caleres's adjusted earnings per share data for the three months ended in Jul. 2026 was $1.715. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.07 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caleres  (NYSE:CAL) 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.


Caleres Shiller PE Ratio Related Terms


Caleres Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Caleres'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.

Caleres Shiller PE Ratio Chart

Caleres Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.86 35.35 28.86 15.65 13.21

Caleres Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Shiller PE Ratio Get a 7-Day Free Trial 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 11.97 10.48 12.89 13.70 12.05

CAL vs SFIX, SHOE, LE: Shiller PE Ratio Comparison

For the Apparel Retail subindustry, Caleres'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.


Caleres Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Caleres's Shiller PE Ratio distribution charts can be found below:

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


CAL
72GF Score
Caleres Inc CAL
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caleres 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.

Caleres's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=12.31/1.066
=11.55

* 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.

Caleres's E10 for the quarter that ended in Jul. 2026 is calculated as:

For example, Caleres's adjusted earnings per share data for the three months ended in Jul. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=1.7146/333.9180*333.9180
=1.715

Current CPI (Jul. 2026) = 333.9180.

Caleres Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201610 0.810 241.729 1.119
201701 -0.154 242.839 -0.212
201704 0.350 244.524 0.478
201707 0.410 244.786 0.559
201710 0.797 246.663 1.079
201801 0.471 247.867 0.634
201804 0.400 250.546 0.533
201807 0.550 252.006 0.729
201810 0.673 252.885 0.889
201901 -1.834 251.712 -2.432
201904 0.216 255.548 0.282
201907 0.612 256.571 0.796
201910 0.688 257.346 0.892
202001 0.009 257.971 0.012
202004 -8.948 256.389 -11.654
202007 -0.828 259.101 -1.067
202010 0.379 260.388 0.486
202101 -2.105 261.582 -2.687
202104 0.161 267.054 0.201
202107 0.970 273.003 1.187
202110 1.539 276.589 1.858
202201 0.881 281.148 1.046
202204 1.322 289.109 1.527
202207 1.379 296.276 1.554
202210 1.076 298.012 1.205
202301 1.127 299.170 1.258
202304 0.966 303.363 1.064
202307 0.946 305.691 1.033
202310 1.320 307.671 1.433
202401 1.567 308.417 1.696
202404 0.877 313.548 0.934
202407 0.850 314.540 0.902
202410 1.193 315.664 1.262
202501 0.146 317.671 0.154
202504 0.205 320.795 0.214
202507 0.198 323.048 0.204
202510 0.070 0.000
202601 -0.699 325.252 -0.717
202604 0.422 333.020 0.423
202607 1.715 333.918 1.715

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 11.55 mean?
Caleres (CAL) has a Shiller PE Ratio of 11.55 as of Sep. 16, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Caleres and its competitors. This is 64% below median its historical median of 32.27. Over the past decade, Caleres' Shiller PE Ratio has ranged from 2.72 to 225.27. According to the industry distribution chart, Caleres ranks #183 out of 586 companies in the Retail - Cyclical industry, placing it in the top 31.2%.
Is Caleres' Shiller PE Ratio too high?
Caleres' current Shiller PE Ratio of 11.55 is 64% below median its 10-year median of 32.27. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 225.27. The Retail - Cyclical industry median Shiller PE Ratio is 17.38. Caleres' value of 11.55 is 33.5% below this industry median. Based on the distribution chart, Caleres ranks #183 out of 586 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Caleres has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caleres' Shiller PE Ratio compare to SFIX and SHOE?
According to the Retail - Cyclical industry distribution chart, Caleres ranks #183 out of 586 companies for Shiller PE Ratio. This puts Caleres in the upper half of its industry. The industry median Shiller PE Ratio is 17.38. Caleres' value of 11.55 is 33.5% below this benchmark. Historically, Caleres' own Shiller PE Ratio has ranged from 2.72 to 225.27 over the past decade. While the company's 10-year median is 32.27 vs. the industry median of 17.38, Caleres has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Retail - Cyclical company?
The median Shiller PE Ratio among Retail - Cyclical companies is 17.38, based on 586 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Caleres's current Shiller PE Ratio of 11.55 is 33.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Caleres and its competitors. For the Retail - Cyclical industry, the median Shiller PE Ratio is 17.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caleres's current Shiller PE Ratio is 11.55, which is 64% below median its own 10-year median of 32.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caleres stock overvalued right now?
Based on GuruFocus' analysis, Caleres (CAL) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.43, compared to a current price of $12.31 — trading 29.4% below its estimated fair value. The current Shiller PE Ratio is 11.55, which is 64% below median its 10-year median of 32.27 and 33.5% below the Retail - Cyclical industry median of 17.38. Caleres' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Caleres (CAL), the current Shiller PE Ratio is 11.55 as of Sep. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Caleres (CAL) Overvalued in 2026?

Based on GuruFocus' analysis, Caleres stock appears to be undervalued. The current stock price of $12.31 is trading 29.4% below its estimated GF Value™ of $17.43. GuruFocus considers Caleres to be Modestly Undervalued.

Key valuation signals for CAL:

  • Shiller PE Ratio: 11.55 (64% below median its 10-year median of 32.27)
  • GF Value™: $17.43 vs. price of $12.31 (29.4% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 33.5% below the Retail - Cyclical median (#183 of 586)

No single metric tells the full story. See the CAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caleres Business Description

Other Exchanges BRP:Germany
Address 8300 Maryland Avenue, St. Louis, MO, USA, 63105
Caleres Inc is a footwear company that operates retail shoe stores and e-commerce websites, and designs, develops, sources, manufactures, and distributes footwear for people of all ages. The Company's business operations are organized into two reportable segments - Famous Footwear and Brand Portfolio. The Famous Footwear segment is comprised of its Famous Footwear retail stores, famousfootwear.com, and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a cultivated portfolio of known brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear. Geographically, the company generates the majority of its revenue from Domestic operations.
72GF Score

Get the complete analysis for CAL

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.31
Price
$17.43
GF Value