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The Hershey Co (The Hershey Co) Shiller PE Ratio

: 29.41 (As of Today)
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As of today (2024-04-19), The Hershey Co's current share price is $184.11. The Hershey Co's E10 for the quarter that ended in Dec. 2023 was $6.26. The Hershey Co's Shiller PE Ratio for today is 29.41.

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

HSY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 28.46   Med: 37.92   Max: 46.82
Current: 29.41

During the past years, The Hershey Co's highest Shiller PE Ratio was 46.82. The lowest was 28.46. And the median was 37.92.

HSY's Shiller PE Ratio is ranked worse than
72.15% of 1063 companies
in the Consumer Packaged Goods industry
Industry Median: 18.67 vs HSY: 29.41

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.

The Hershey Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $6.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Hershey Co Shiller PE Ratio Historical Data

The historical data trend for The Hershey 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.

The Hershey Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.68 36.24 39.54 41.06 29.76

The Hershey Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 41.06 43.24 41.25 32.15 29.76

Competitive Comparison

For the Confectioners subindustry, The Hershey 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.


The Hershey Co Shiller PE Ratio Distribution

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

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



The Hershey 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.

The Hershey Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=184.11/6.26
=29.41

* 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.

The Hershey Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, The Hershey Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.7/129.4194*129.4194
=1.700

Current CPI (Dec. 2023) = 129.4194.

The Hershey Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.110 99.695 1.441
201406 0.750 100.560 0.965
201409 1.000 100.428 1.289
201412 0.850 99.070 1.110
201503 1.100 99.621 1.429
201506 -0.470 100.684 -0.604
201509 0.700 100.392 0.902
201512 0.980 99.792 1.271
201603 1.060 100.470 1.365
201606 0.680 101.688 0.865
201609 1.060 101.861 1.347
201612 0.550 101.863 0.699
201703 0.580 102.862 0.730
201706 0.950 103.349 1.190
201709 1.280 104.136 1.591
201712 0.850 104.011 1.058
201803 1.650 105.290 2.028
201806 1.080 106.317 1.315
201809 1.250 106.507 1.519
201812 1.600 105.998 1.954
201903 1.450 107.251 1.750
201906 1.480 108.070 1.772
201909 1.540 108.329 1.840
201912 0.980 108.420 1.170
202003 1.290 108.902 1.533
202006 1.290 108.767 1.535
202009 2.140 109.815 2.522
202012 1.390 109.897 1.637
202103 1.900 111.754 2.200
202106 1.450 114.631 1.637
202109 2.140 115.734 2.393
202112 1.620 117.630 1.782
202203 2.570 121.301 2.742
202206 1.530 125.017 1.584
202209 1.940 125.227 2.005
202212 1.920 125.222 1.984
202303 2.850 127.348 2.896
202306 1.980 128.729 1.991
202309 2.520 129.860 2.511
202312 1.700 129.419 1.700

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.


The Hershey Co  (NYSE:HSY) 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.


The Hershey Co Shiller PE Ratio Related Terms

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


The Hershey Co (The Hershey Co) Business Description

Address
19 East Chocolate Avenue, Hershey, PA, USA, 17033
Hershey is a leading confectionery manufacturer in the U.S. (around a $25 billion market), controlling around 45% of the domestic chocolate space (per IRI, as cited by Hershey). Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the U.S., including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix, Pirate Brands, and Dot's Pretzels over the past few years.
Executives
Charles R Raup officer: President, U.S. 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Steven E Voskuil officer: SVP, Chief Financial Officer 5405 WINDWARD PARKWAY, ALPHARETTA GA 30004
Deepak Bhatia officer: SVP, Chief Technology Officer THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Pamela M Arway director 601 HAWAII ST., EL SEGUNDO CA 90245
Michele Buck officer: SVP, Pres. US Snacks THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Hershey Trust Co Trustee In Trust For Milton Hershey School 10 percent owner 100 MANSION ROAD EAST, P O BOX 445, HERSHEY PA 17033
Jason Reiman officer: SVP Chief Supply Chain Officer THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Maria T Kraus director THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Rohit Grover officer: President, International THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Jennifer Mccalman officer: Chief Accounting Officer 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Robert Malcolm director C/O LOGITECH INTERNATIONAL S.A., RUE DU SABLON 2-4, MORGES V8 1110
Anthony J. Palmer director P.O. BOX 619100, DALLAS TX 75261-9100
Hershey Trust Co 10 percent owner 100 MANSION ROAD EAST, HERSHEY PA 17033
Christopher M Scalia officer: SVP, CHRO 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Kristen J Riggs officer: SVP, Chief Growth Officer 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033

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