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Tapestry (LTS:0LD5) Shiller PE Ratio : 18.37 (As of Jun. 22, 2024)


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What is Tapestry Shiller PE Ratio?

As of today (2024-06-22), Tapestry's current share price is $41.52. Tapestry's E10 for the quarter that ended in Mar. 2024 was $2.26. Tapestry's Shiller PE Ratio for today is 18.37.

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

LTS:0LD5' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.6   Med: 15.45   Max: 26.24
Current: 18.42

During the past years, Tapestry's highest Shiller PE Ratio was 26.24. The lowest was 4.60. And the median was 15.45.

LTS:0LD5's Shiller PE Ratio is ranked worse than
53.5% of 572 companies
in the Retail - Cyclical industry
Industry Median: 17.16 vs LTS:0LD5: 18.42

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.

Tapestry's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tapestry Shiller PE Ratio Historical Data

The historical data trend for Tapestry'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.

* Premium members only.

Tapestry Shiller PE Ratio Chart

Tapestry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.04 6.21 19.76 13.45 18.98

Tapestry Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.26 18.98 12.73 16.36 21.00

Competitive Comparison of Tapestry's Shiller PE Ratio

For the Luxury Goods subindustry, Tapestry'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.


Tapestry's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



Tapestry 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.

Tapestry's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=41.52/2.26
=18.37

* 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.

Tapestry's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Tapestry's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.6/131.7762*131.7762
=0.600

Current CPI (Mar. 2024) = 131.7762.

Tapestry Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.270 100.560 0.354
201409 0.430 100.428 0.564
201412 0.660 99.070 0.878
201503 0.320 99.621 0.423
201506 0.040 100.684 0.052
201509 0.350 100.392 0.459
201512 0.610 99.792 0.806
201603 0.400 100.470 0.525
201606 0.290 101.688 0.376
201609 0.420 101.861 0.543
201612 0.710 101.863 0.919
201703 0.430 102.862 0.551
201706 0.530 103.349 0.676
201709 -0.060 104.136 -0.076
201712 0.220 104.011 0.279
201803 0.480 105.290 0.601
201806 0.730 106.317 0.905
201809 0.420 106.507 0.520
201812 0.880 105.998 1.094
201903 0.400 107.251 0.491
201906 0.510 108.070 0.622
201909 0.070 108.329 0.085
201912 1.080 108.420 1.313
202003 -2.450 108.902 -2.965
202006 -1.060 108.767 -1.284
202009 0.830 109.815 0.996
202012 1.110 109.897 1.331
202103 0.320 111.754 0.377
202106 0.690 114.631 0.793
202109 0.800 115.734 0.911
202112 1.150 117.630 1.288
202203 0.460 121.301 0.500
202206 0.750 125.017 0.791
202209 0.790 125.227 0.831
202212 1.360 125.222 1.431
202303 0.780 127.348 0.807
202306 0.950 128.729 0.972
202309 0.840 129.860 0.852
202312 1.390 129.419 1.415
202403 0.600 131.776 0.600

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.


Tapestry  (LTS:0LD5) 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.


Tapestry Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Tapestry's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tapestry (LTS:0LD5) Business Description

Traded in Other Exchanges
Address
10 Hudson Yards, New York, NY, USA, 10001
Coach, Kate Spade, and Stuart Weitzman are Tapestry's fashion and accessory brands. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (66% of fiscal 2023 sales), Europe, Asia (29% of fiscal 2023 sales), and elsewhere. Coach (75% of fiscal 2023 sales) is best known for affordable luxury leather products. Kate Spade (21% of fiscal 2023 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2023. Stuart Weitzman (4% of sales) generates nearly all its revenue from women's footwear. In August 2023, Tapestry agreed to acquire rival Capri and its three brands, Michael Kors, Versace, and Jimmy Choo.

Tapestry (LTS:0LD5) Headlines

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