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Cintas (FRA:CIT) Shiller PE Ratio : 69.44 (As of Apr. 30, 2024)


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What is Cintas Shiller PE Ratio?

As of today (2024-04-30), Cintas's current share price is €625.00. Cintas's E10 for the quarter that ended in Feb. 2024 was €9.00. Cintas's Shiller PE Ratio for today is 69.44.

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

FRA:CIT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.8   Med: 49.54   Max: 70.61
Current: 68.44

During the past years, Cintas's highest Shiller PE Ratio was 70.61. The lowest was 21.80. And the median was 49.54.

FRA:CIT's Shiller PE Ratio is ranked worse than
89.45% of 512 companies
in the Business Services industry
Industry Median: 19.49 vs FRA:CIT: 68.44

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.

Cintas's adjusted earnings per share data for the three months ended in Feb. 2024 was €3.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €9.00 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cintas Shiller PE Ratio Historical Data

The historical data trend for Cintas'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.

Cintas Shiller PE Ratio Chart

Cintas Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.18 49.78 58.20 53.02 53.63

Cintas Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 51.78 53.63 54.95 58.58 64.61

Competitive Comparison of Cintas's Shiller PE Ratio

For the Specialty Business Services subindustry, Cintas'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.


Cintas's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cintas's Shiller PE Ratio distribution charts can be found below:

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



Cintas 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.

Cintas's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=625.00/9
=69.44

* 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.

Cintas's E10 for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=3.56/129.4194*129.4194
=3.560

Current CPI (Feb. 2024) = 129.4194.

Cintas Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.750 100.373 0.967
201408 0.698 100.352 0.900
201411 0.802 99.635 1.042
201502 0.705 99.032 0.921
201505 0.805 100.333 1.038
201508 0.790 100.548 1.017
201511 2.852 100.135 3.686
201602 0.947 100.040 1.225
201605 1.061 101.355 1.355
201608 1.124 101.617 1.432
201611 1.196 101.829 1.520
201702 1.005 102.779 1.266
201705 0.688 103.256 0.862
201708 1.660 103.587 2.074
201711 1.048 104.072 1.303
201802 2.195 105.052 2.704
201805 1.404 106.148 1.712
201808 1.637 106.383 1.991
201811 1.918 106.338 2.334
201902 1.630 106.649 1.978
201905 1.842 108.048 2.206
201908 2.086 108.245 2.494
201911 2.054 108.519 2.450
202002 1.981 109.139 2.349
202005 1.238 108.175 1.481
202008 2.349 109.662 2.772
202011 2.217 109.793 2.613
202102 1.960 110.968 2.286
202105 2.033 113.576 2.317
202108 2.644 115.421 2.965
202111 2.418 117.269 2.669
202202 2.617 119.703 2.829
202205 2.658 123.323 2.789
202208 3.346 124.958 3.465
202211 3.061 125.607 3.154
202302 2.933 126.928 2.991
202305 3.064 128.314 3.090
202308 3.393 129.538 3.390
202311 3.336 129.548 3.333
202402 3.560 129.419 3.560

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.


Cintas  (FRA:CIT) 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.


Cintas Shiller PE Ratio Related Terms

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


Cintas (FRA:CIT) Business Description

Traded in Other Exchanges
Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products generally include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.