DLB (Dolby Laboratories) Shiller PE Ratio: (As of Sep. 21, 2026)

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DLB Dolby Laboratories Inc DLB
81 GF Score
Price $57.65
GF Value $83.96
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Dolby Laboratories Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dolby Laboratories  (NYSE:DLB) 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.


Dolby Laboratories Shiller PE Ratio Related Terms


Dolby Laboratories Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Dolby Laboratories'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.

Dolby Laboratories Shiller PE Ratio Chart

Dolby Laboratories Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.06 29.06 34.63 32.57 29.62

Dolby Laboratories Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 29.99 29.12 25.75 23.56 20.85

DLB vs UNF, AMTM, AZZ: Shiller PE Ratio Comparison

For the Specialty Business Services subindustry, Dolby Laboratories'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.


Dolby Laboratories Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Dolby Laboratories's Shiller PE Ratio distribution charts can be found below:

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


DLB
81GF Score
Dolby Laboratories Inc DLB
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dolby Laboratories 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.

Dolby Laboratories's E10 for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.3026/333.9520*333.9520
=0.303

Current CPI (Jun. 2026) = 333.9520.

Dolby Laboratories Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.230 241.428 0.318
201612 0.510 241.432 0.705
201703 0.490 243.801 0.671
201706 0.730 244.955 0.995
201709 0.210 246.819 0.284
201712 -0.520 246.524 -0.704
201803 0.610 249.554 0.816
201806 0.029 251.989 0.039
201809 0.250 252.439 0.331
201812 0.926 251.233 1.230
201903 0.702 254.202 0.922
201906 0.382 256.143 0.498
201909 0.427 256.759 0.555
201912 0.473 256.974 0.615
202003 0.861 258.115 1.114
202006 0.659 257.797 0.854
202009 0.261 260.280 0.335
202012 1.302 260.474 1.669
202103 0.729 264.877 0.919
202106 0.522 271.696 0.642
202109 0.423 274.310 0.515
202112 0.771 278.802 0.923
202203 0.358 287.504 0.415
202206 0.390 296.311 0.440
202209 0.282 296.808 0.317
202212 0.818 296.797 0.920
202303 0.984 301.836 1.088
202306 0.168 305.109 0.184
202309 0.094 307.789 0.102
202312 0.687 306.746 0.748
202403 1.010 312.332 1.080
202406 0.397 314.175 0.421
202409 0.606 315.301 0.642
202412 0.698 315.605 0.739
202503 0.942 319.799 0.983
202506 0.475 322.561 0.492
202509 0.509 324.800 0.524
202512 0.553 324.054 0.569
202603 0.994 330.213 1.005
202606 0.303 333.952 0.303

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.

Is Dolby Laboratories (DLB) Overvalued in 2026?

Based on GuruFocus' analysis, Dolby Laboratories stock appears to be undervalued. The current stock price of $57.65 is trading 31.3% below its estimated GF Value™ of $83.96. GuruFocus considers Dolby Laboratories to be Significantly Undervalued.

Key valuation signals for DLB:

  • Shiller PE Ratio:
  • GF Value™: $83.96 vs. price of $57.65 (31.3% below fair value)
  • GF Score™: 81/100 with 4 warning signs

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


Dolby Laboratories Business Description

Other Exchanges DLB:MexicoFUO:Germany
Address 1275 Market Street, San Francisco, CA, USA, 94103-1410
Dolby Laboratories Inc. develops technologies that enhance audio and video capture, transmission, and playback, enabling high-quality experiences across movies, TV, music, sports, and more. The company designs and manufactures audio, imaging, accessibility, and related hardware and software mainly for cinema, including digital cinema servers and media encryption and packaging tools. It generates the majority of its revenue by licensing its technology, brand, and patents to device manufacturers and by selling cinema hardware and services. It operates as a single reportable segment, with revenue derived mainly from licensing and, to a lesser extent, from premium cinema technologies, across the United States and international markets.
81GF Score

Get the complete analysis for DLB

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

$57.65
Price
$83.96
GF Value