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Nordstrom (MEX:JWN) Shiller PE Ratio : 11.55 (As of Jun. 25, 2024)


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What is Nordstrom Shiller PE Ratio?

As of today (2024-06-25), Nordstrom's current share price is MXN389.90. Nordstrom's E10 for the quarter that ended in Apr. 2024 was MXN33.77. Nordstrom's Shiller PE Ratio for today is 11.55.

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

MEX:JWN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.85   Med: 13.94   Max: 27.53
Current: 10.75

During the past years, Nordstrom's highest Shiller PE Ratio was 27.53. The lowest was 3.85. And the median was 13.94.

MEX:JWN's Shiller PE Ratio is ranked better than
72.55% of 572 companies
in the Retail - Cyclical industry
Industry Median: 17.245 vs MEX:JWN: 10.75

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.

Nordstrom's adjusted earnings per share data for the three months ended in Apr. 2024 was MXN-4.095. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN33.77 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordstrom Shiller PE Ratio Historical Data

The historical data trend for Nordstrom'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.

Nordstrom Shiller PE Ratio Chart

Nordstrom Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.88 13.33 8.76 8.06 8.70

Nordstrom Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 6.92 10.43 6.42 8.70 9.50

Competitive Comparison of Nordstrom's Shiller PE Ratio

For the Department Stores subindustry, Nordstrom'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.


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

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

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



Nordstrom 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.

Nordstrom's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=389.90/33.77
=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.

Nordstrom's E10 for the quarter that ended in Apr. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=-4.095/132.2892*132.2892
=-4.095

Current CPI (Apr. 2024) = 132.2892.

Nordstrom Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201407 12.575 100.520 16.549
201410 9.842 100.176 12.997
201501 19.807 98.604 26.574
201504 10.154 99.824 13.456
201507 17.506 100.691 23.000
201510 6.943 100.346 9.153
201601 18.211 99.957 24.101
201604 4.469 100.947 5.857
201607 12.570 101.524 16.379
201610 -1.127 101.988 -1.462
201701 23.961 102.456 30.938
201704 7.006 103.167 8.984
201707 11.608 103.278 14.869
201710 12.816 104.070 16.291
201801 16.573 104.578 20.965
201804 9.573 105.708 11.980
201807 17.668 106.324 21.983
201810 7.899 106.695 9.794
201901 28.198 106.200 35.125
201904 4.369 107.818 5.361
201907 17.094 108.250 20.890
201910 15.531 108.577 18.923
202001 23.235 108.841 28.241
202004 -79.850 108.173 -97.652
202007 -36.006 109.318 -43.572
202010 7.234 109.861 8.711
202101 4.254 110.364 5.099
202104 -21.177 112.673 -24.864
202107 9.725 115.183 11.169
202110 8.015 116.696 9.086
202201 25.384 118.619 28.309
202204 2.647 121.978 2.871
202207 15.680 125.002 16.594
202210 -2.580 125.734 -2.715
202301 13.911 126.223 14.580
202304 -22.844 127.992 -23.611
202307 14.043 128.974 14.404
202310 7.402 129.810 7.543
202401 14.084 130.124 14.318
202404 -4.095 132.289 -4.095

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.


Nordstrom  (MEX:JWN) 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.


Nordstrom Shiller PE Ratio Related Terms

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


Nordstrom (MEX:JWN) Business Description

Address
1617 Sixth Avenue, Seattle, WA, USA, 98101
Nordstrom is a fashion retailer that operates about 93 department stores and approximately 260 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and seven Local locations. Nordstrom's largest merchandise categories are women's apparel (28% of 2022 sales), shoes (26% of 2022 sales), men's apparel (15% of 2022 sales), and women's accessories (13% of 2022 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.