CSV (Carriage Services) Shiller PE Ratio: 16.90 (As of Aug. 07, 2026) — 27% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CSV Carriage Services Inc CSV
73 GF Score
Price $35.33
GF Value $39.12
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Carriage Services Shiller PE Ratio?

Carriage Services CSV -4.51% 73 Shiller PE Ratio is 16.90 as of Aug. 07, 2026, which is 27% below its 10-year median of 23.04. GuruFocus rates CSV with a GF Score™ of 73/100 and a GF Value™ of $39.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 44 Personal Services companies, Carriage Services ranks better than 54.55% on this metric.

As of today (2026-08-07), Carriage Services's current share price is $35.33. Carriage Services's E10 for the quarter that ended in Mar. 2026 was $2.09. Carriage Services's Shiller PE Ratio for today is 16.90.

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

CSV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.11   Med: 23.04   Max: 54.49
Current: 16.43

During the past years, Carriage Services's highest Shiller PE Ratio was 54.49. The lowest was 13.11. And the median was 23.04.

CSV's Shiller PE Ratio is ranked better than
54.55% of 44 companies
in the Personal Services industry
Industry Median: 18.55 vs CSV: 16.43

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.

Carriage Services's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carriage Services  (NYSE:CSV) 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.


Carriage Services Shiller PE Ratio Related Terms


Carriage Services Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Carriage Services'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.

Carriage Services Shiller PE Ratio Chart

Carriage Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.88 18.29 15.27 22.34 21.09

Carriage Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 20.44 23.41 22.55 21.09 21.85

CSV vs MED, RGS, CLIK: Shiller PE Ratio Comparison

For the Personal Services subindustry, Carriage Services'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.


Carriage Services Shiller PE Ratio vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Carriage Services's Shiller PE Ratio distribution charts can be found below:

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


CSV
73GF Score
Carriage Services Inc CSV
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carriage Services 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.

Carriage Services's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=35.33/2.09
=16.90

* 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.

Carriage Services's E10 for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.84/330.2130*330.2130
=0.840

Current CPI (Mar. 2026) = 330.2130.

Carriage Services Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.300 241.018 0.411
201609 0.330 241.428 0.451
201612 0.220 241.432 0.301
201703 0.390 243.801 0.528
201706 0.240 244.955 0.324
201709 0.170 246.819 0.227
201712 1.310 246.524 1.755
201803 0.520 249.554 0.688
201806 0.150 251.989 0.197
201809 0.110 252.439 0.144
201812 -0.140 251.233 -0.184
201903 0.360 254.202 0.468
201906 0.270 256.143 0.348
201909 0.030 256.759 0.039
201912 0.140 256.974 0.180
202003 -0.230 258.115 -0.294
202006 0.360 257.797 0.461
202009 0.310 260.280 0.393
202012 0.460 260.474 0.583
202103 0.710 264.877 0.885
202106 -0.340 271.696 -0.413
202109 0.710 274.310 0.855
202112 0.770 278.802 0.912
202203 1.000 287.504 1.149
202206 0.690 296.311 0.769
202209 0.380 296.808 0.423
202212 0.530 296.797 0.590
202303 0.570 301.836 0.624
202306 0.530 305.109 0.574
202309 0.300 307.789 0.322
202312 0.750 306.746 0.807
202403 0.450 312.332 0.476
202406 0.400 314.175 0.420
202409 0.630 315.301 0.660
202412 0.620 315.605 0.649
202503 1.340 319.799 1.384
202506 0.740 322.561 0.758
202509 0.410 324.800 0.417
202512 0.770 324.054 0.785
202603 0.840 330.213 0.840

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 16.90 mean?
Carriage Services (CSV) has a Shiller PE Ratio of 16.90 as of Aug. 07, 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 Carriage Services and its competitors. This is 27% below median its historical median of 23.04. Over the past decade, Carriage Services' Shiller PE Ratio has ranged from 13.11 to 54.49. According to the industry distribution chart, Carriage Services ranks #20 out of 44 companies in the Personal Services industry, placing it in the top 45.5%.
Is Carriage Services' Shiller PE Ratio too high?
Carriage Services' current Shiller PE Ratio of 16.90 is 27% below median its 10-year median of 23.04. Over the past 10 years, this metric has ranged from a low of 13.11 to a high of 54.49. The Personal Services industry median Shiller PE Ratio is 18.55. Carriage Services' value of 16.90 is 8.9% below this industry median. Based on the distribution chart, Carriage Services ranks #20 out of 44 companies in the Personal Services industry, which is above the industry midpoint. Overall, Carriage Services has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Carriage Services' Shiller PE Ratio compare to MED and RGS?
According to the Personal Services industry distribution chart, Carriage Services ranks #20 out of 44 companies for Shiller PE Ratio. This puts Carriage Services in the upper half of its industry. The industry median Shiller PE Ratio is 18.55. Carriage Services' value of 16.90 is 8.9% below this benchmark. Historically, Carriage Services' own Shiller PE Ratio has ranged from 13.11 to 54.49 over the past decade. While the company's 10-year median is 23.04 vs. the industry median of 18.55, Carriage Services 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 Personal Services company?
The median Shiller PE Ratio among Personal Services companies is 18.55, based on 44 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. Carriage Services's current Shiller PE Ratio of 16.90 is 8.9% 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 Carriage Services and its competitors. For the Personal Services industry, the median Shiller PE Ratio is 18.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carriage Services's current Shiller PE Ratio is 16.90, which is 27% below median its own 10-year median of 23.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carriage Services stock overvalued right now?
Based on GuruFocus' analysis, Carriage Services (CSV) is currently considered Fairly Valued. The stock's GF Value™ is $39.12, compared to a current price of $35.33 — trading 9.7% below its estimated fair value. The current Shiller PE Ratio is 16.90, which is 27% below median its 10-year median of 23.04 and 8.9% below the Personal Services industry median of 18.55. Carriage Services' overall GF Score™ is 73/100 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 Carriage Services (CSV), the current Shiller PE Ratio is 16.90 as of Aug. 07, 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 Carriage Services (CSV) Overvalued in 2026?

Based on GuruFocus' analysis, Carriage Services stock appears to be undervalued. The current stock price of $35.33 is trading 9.7% below its estimated GF Value™ of $39.12. GuruFocus considers Carriage Services to be Fairly Valued.

Key valuation signals for CSV:

  • Shiller PE Ratio: 16.90 (27% below median its 10-year median of 23.04)
  • GF Value™: $39.12 vs. price of $35.33 (9.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 8.9% below the Personal Services median (#20 of 44)

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


Carriage Services Business Description

Other Exchanges C57:Germany
Address 3040 Post Oak Boulevard, Suite 300, Houston, TX, USA, 77056
Carriage Services Inc is a provider of funeral and cemetery services and merchandise in the United States. It operates in two business segments: The Funeral Home Operations segment offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise. The company enables the use of funeral home facilities for visitation, remembrance, and transportation services. The Cemetery Operations segment provides services, such as mausoleum spaces and niches, private estates, lawn crypt gardens, traditional single burial gravesites, and burial vaults. The majority of revenue is derived from The Funeral Home Operations segment.
73GF Score

Get the complete analysis for CSV

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

$35.33
Price
$39.12
GF Value