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Tractor Supply Co (STU:TR4) Shiller PE Ratio : 42.40 (As of May. 25, 2024)


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What is Tractor Supply Co Shiller PE Ratio?

As of today (2024-05-25), Tractor Supply Co's current share price is €259.05. Tractor Supply Co's E10 for the quarter that ended in Mar. 2024 was €6.11. Tractor Supply Co's Shiller PE Ratio for today is 42.40.

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

STU:TR4' s Shiller PE Ratio Range Over the Past 10 Years
Min: 25.39   Med: 41.19   Max: 72.63
Current: 42.62

During the past years, Tractor Supply Co's highest Shiller PE Ratio was 72.63. The lowest was 25.39. And the median was 41.19.

STU:TR4's Shiller PE Ratio is ranked worse than
84.11% of 560 companies
in the Retail - Cyclical industry
Industry Median: 17.325 vs STU:TR4: 42.62

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.

Tractor Supply Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.684. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €6.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tractor Supply Co Shiller PE Ratio Historical Data

The historical data trend for Tractor Supply 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.

Tractor Supply Co Shiller PE Ratio Chart

Tractor Supply 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 31.27 39.75 53.25 40.90 33.63

Tractor Supply 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 41.10 36.54 32.35 33.63 39.38

Competitive Comparison of Tractor Supply Co's Shiller PE Ratio

For the Specialty Retail subindustry, Tractor Supply 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.


Tractor Supply Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



Tractor Supply 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.

Tractor Supply Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=259.05/6.11
=42.40

* 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.

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

For example, Tractor Supply 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)
=1.684/131.7762*131.7762
=1.684

Current CPI (Mar. 2024) = 131.7762.

Tractor Supply Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.699 100.560 0.916
201409 0.427 100.428 0.560
201412 0.657 99.070 0.874
201503 0.388 99.621 0.513
201506 0.998 100.684 1.306
201509 0.570 100.392 0.748
201512 0.753 99.792 0.994
201603 0.449 100.470 0.589
201606 1.032 101.688 1.337
201609 0.597 101.861 0.772
201612 0.891 101.863 1.153
201703 0.430 102.862 0.551
201706 1.113 103.349 1.419
201709 0.604 104.136 0.764
201712 0.735 104.011 0.931
201803 0.462 105.290 0.578
201806 1.447 106.317 1.794
201809 0.814 106.507 1.007
201812 0.976 105.998 1.213
201903 0.558 107.251 0.686
201906 1.593 108.070 1.942
201909 0.926 108.329 1.126
201912 1.089 108.420 1.324
202003 0.643 108.902 0.778
202006 2.575 108.767 3.120
202009 1.375 109.815 1.650
202012 0.945 109.897 1.133
202103 1.302 111.754 1.535
202106 2.648 114.631 3.044
202109 1.658 115.734 1.888
202112 1.708 117.630 1.913
202203 1.498 121.301 1.627
202206 3.339 125.017 3.520
202209 2.121 125.227 2.232
202212 2.294 125.222 2.414
202303 1.541 127.348 1.595
202306 3.535 128.729 3.619
202309 2.183 129.860 2.215
202312 2.091 129.419 2.129
202403 1.684 131.776 1.684

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.


Tractor Supply Co  (STU:TR4) 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.


Tractor Supply Co Shiller PE Ratio Related Terms

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


Tractor Supply Co (STU:TR4) Business Description

Address
5401 Virginia Way, Brentwood, TN, USA, 37027
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,198 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (to be converted to Tractor Supply banners), along with 195 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2022, revenue consisted primarily of livestock and pet (50%), hardware, tools, and truck (19%), and seasonal gift and toy (21%).

Tractor Supply Co (STU:TR4) Headlines

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