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Kellanova Co (MEX:K) Shiller PE Ratio : 18.36 (As of Jun. 22, 2024)


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What is Kellanova Co Shiller PE Ratio?

As of today (2024-06-22), Kellanova Co's current share price is MXN1077.50. Kellanova Co's E10 for the quarter that ended in Mar. 2024 was MXN58.69. Kellanova Co's Shiller PE Ratio for today is 18.36.

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

MEX:K' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.33   Med: 18.29   Max: 25.61
Current: 16.76

During the past years, Kellanova Co's highest Shiller PE Ratio was 25.61. The lowest was 13.33. And the median was 18.29.

MEX:K's Shiller PE Ratio is ranked better than
55.79% of 1088 companies
in the Consumer Packaged Goods industry
Industry Median: 18.52 vs MEX:K: 16.76

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.

Kellanova Co's adjusted earnings per share data for the three months ended in Mar. 2024 was MXN12.945. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN58.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kellanova Co Shiller PE Ratio Historical Data

The historical data trend for Kellanova Co'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.

Kellanova Co Shiller PE Ratio Chart

Kellanova Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.88 17.87 17.16 18.13 16.27

Kellanova Co 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 16.87 16.90 14.95 16.27 16.71

Competitive Comparison of Kellanova Co's Shiller PE Ratio

For the Packaged Foods subindustry, Kellanova Co'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.


Kellanova Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova Co's Shiller PE Ratio distribution charts can be found below:

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



Kellanova Co 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.

Kellanova Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1077.50/58.69
=18.36

* 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.

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

For example, Kellanova Co'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)
=12.945/131.7762*131.7762
=12.945

Current CPI (Mar. 2024) = 131.7762.

Kellanova Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 10.635 100.560 13.936
201409 8.325 100.428 10.924
201412 -12.095 99.070 -16.088
201503 9.757 99.621 12.906
201506 9.885 100.684 12.938
201509 9.801 100.392 12.865
201512 -2.063 99.792 -2.724
201603 8.435 100.470 11.063
201606 14.610 101.688 18.933
201609 15.855 101.861 20.511
201612 -3.093 101.863 -4.001
201703 14.122 102.862 18.092
201706 14.461 103.349 18.439
201709 15.063 104.136 19.061
201712 24.157 104.011 30.606
201803 23.073 105.290 28.877
201806 33.601 106.317 41.647
201809 20.388 106.507 25.225
201812 -4.712 105.998 -5.858
201903 15.906 107.251 19.543
201906 16.135 108.070 19.674
201909 14.214 108.329 17.290
201912 7.921 108.420 9.627
202003 23.682 108.902 28.656
202006 23.544 108.767 28.525
202009 22.312 109.815 26.774
202012 11.736 109.897 14.073
202103 21.872 111.754 25.791
202106 22.096 114.631 25.401
202109 18.300 115.734 20.837
202112 25.848 117.630 28.957
202203 24.491 121.301 26.606
202206 19.112 125.017 20.145
202209 18.103 125.227 19.050
202212 -5.654 125.222 -5.950
202303 15.501 127.348 16.040
202306 17.658 128.729 18.076
202309 13.587 129.860 13.788
202312 1.358 129.419 1.383
202403 12.945 131.776 12.945

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.


Kellanova Co  (MEX:K) 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.


Kellanova Co Shiller PE Ratio Related Terms

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


Kellanova Co (MEX:K) Business Description

Address
412 N. Wells Street, Chicago, IL, USA, 60654
Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.

Kellanova Co (MEX:K) Headlines