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Cal-Maine Foods (STU:CM2) Shiller PE Ratio : 18.31 (As of Sep. 22, 2024)


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What is Cal-Maine Foods Shiller PE Ratio?

As of today (2024-09-22), Cal-Maine Foods's current share price is €66.82. Cal-Maine Foods's E10 for the quarter that ended in May. 2024 was €3.65. Cal-Maine Foods's Shiller PE Ratio for today is 18.31.

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

STU:CM2' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.76   Med: 19.46   Max: 34.61
Current: 18.18

During the past years, Cal-Maine Foods's highest Shiller PE Ratio was 34.61. The lowest was 11.76. And the median was 19.46.

STU:CM2's Shiller PE Ratio is ranked better than
51.3% of 1037 companies
in the Consumer Packaged Goods industry
Industry Median: 18.48 vs STU:CM2: 18.18

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.

Cal-Maine Foods's adjusted earnings per share data for the three months ended in May. 2024 was €2.146. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.65 for the trailing ten years ended in May. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cal-Maine Foods Shiller PE Ratio Historical Data

The historical data trend for Cal-Maine Foods'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.

Cal-Maine Foods Shiller PE Ratio Chart

Cal-Maine Foods Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.85 17.54 21.76 12.78 14.99

Cal-Maine Foods Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 12.78 12.80 12.96 14.67 14.99

Competitive Comparison of Cal-Maine Foods's Shiller PE Ratio

For the Farm Products subindustry, Cal-Maine Foods'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.


Cal-Maine Foods's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cal-Maine Foods's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cal-Maine Foods's Shiller PE Ratio falls into.



Cal-Maine Foods 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.

Cal-Maine Foods's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=66.82/3.65
=18.31

* 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.

Cal-Maine Foods's E10 for the quarter that ended in May. 2024 is calculated as:

For example, Cal-Maine Foods's adjusted earnings per share data for the three months ended in May. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=2.146/132.5091*132.5091
=2.146

Current CPI (May. 2024) = 132.5091.

Cal-Maine Foods Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201408 0.428 100.352 0.565
201411 0.610 99.635 0.811
201502 0.925 99.032 1.238
201505 0.850 100.333 1.123
201508 2.649 100.548 3.491
201511 2.106 100.135 2.787
201602 1.200 100.040 1.589
201605 -0.009 101.355 -0.012
201608 -0.571 101.617 -0.745
201611 -0.445 101.829 -0.579
201702 0.085 102.779 0.110
201705 -0.462 103.256 -0.593
201708 -0.280 103.587 -0.358
201711 -0.460 104.072 -0.586
201802 1.612 105.052 2.033
201805 1.252 106.148 1.563
201808 0.225 106.383 0.280
201811 0.396 106.338 0.493
201902 0.722 106.649 0.897
201905 -0.367 108.048 -0.450
201908 -0.845 108.245 -1.034
201911 -0.190 108.519 -0.232
202002 0.257 109.139 0.312
202005 1.137 108.175 1.393
202008 -0.338 109.662 -0.408
202011 0.212 109.793 0.256
202102 0.232 110.968 0.277
202105 -0.074 113.576 -0.086
202108 -0.315 115.421 -0.362
202111 0.018 117.269 0.020
202202 0.714 119.703 0.790
202205 2.138 123.323 2.297
202208 2.537 124.958 2.690
202211 3.993 125.607 4.212
202302 6.183 126.928 6.455
202305 2.088 128.314 2.156
202308 0.018 129.538 0.018
202311 0.323 129.548 0.330
202402 2.781 130.930 2.815
202405 2.146 132.509 2.146

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.


Cal-Maine Foods  (STU:CM2) 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.


Cal-Maine Foods Shiller PE Ratio Related Terms

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


Cal-Maine Foods Business Description

Traded in Other Exchanges
Address
1052 Highland Colony Parkway, Suite 200, Ridgeland, MS, USA, 39157
Cal-Maine Foods Inc produces and sells shell eggs. Its main market is the United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and food service distributors. The company's brands are Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain. The Company has one reportable operating segment, which is the production, grading, packaging, marketing and distribution of shell eggs.

Cal-Maine Foods Headlines

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