GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Target Corp (BUE:TGT) » Definitions » Shiller PE Ratio

Target (BUE:TGT) Shiller PE Ratio : 19.64 (As of May. 11, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Target Shiller PE Ratio?

As of today (2024-05-11), Target's current share price is ARS7359.00. Target's E10 for the quarter that ended in Jan. 2024 was ARS374.60. Target's Shiller PE Ratio for today is 19.64.

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

BUE:TGT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.14   Med: 21.48   Max: 50.01
Current: 22.94

During the past years, Target's highest Shiller PE Ratio was 50.01. The lowest was 14.14. And the median was 21.48.

BUE:TGT's Shiller PE Ratio is ranked worse than
58.25% of 194 companies
in the Retail - Defensive industry
Industry Median: 20.41 vs BUE:TGT: 22.94

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.

Target's adjusted earnings per share data for the three months ended in Jan. 2024 was ARS2,409.181. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS374.60 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Target Shiller PE Ratio Historical Data

The historical data trend for Target'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.

Target Shiller PE Ratio Chart

Target Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.34 37.56 36.15 26.46 19.42

Target Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 26.46 23.54 20.04 15.85 19.42

Competitive Comparison of Target's Shiller PE Ratio

For the Discount Stores subindustry, Target'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.


Target's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Target's Shiller PE Ratio distribution charts can be found below:

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



Target 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.

Target's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7359.00/374.6
=19.64

* 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.

Target's E10 for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2409.181/129.4194*129.4194
=2,409.181

Current CPI (Jan. 2024) = 129.4194.

Target Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 5.281 100.023 6.833
201407 3.019 100.520 3.887
201410 4.663 100.176 6.024
201501 -35.768 98.604 -46.946
201504 8.727 99.824 11.314
201507 10.841 100.691 13.934
201510 8.310 100.346 10.718
201601 32.062 99.957 41.512
201604 15.413 100.947 19.760
201607 17.432 101.524 22.222
201610 16.266 101.988 20.641
201701 23.112 102.456 29.194
201704 18.789 103.167 23.570
201707 21.719 103.278 27.216
201710 15.390 104.070 19.139
201801 39.646 104.578 49.064
201804 26.745 105.708 32.744
201807 43.031 106.324 52.378
201810 48.296 106.695 58.582
201901 57.179 106.200 69.681
201904 66.218 107.818 79.485
201907 77.294 108.250 92.410
201910 80.049 108.577 95.415
202001 97.572 108.841 116.020
202004 36.098 108.173 43.188
202007 236.209 109.318 279.644
202010 153.242 109.861 180.524
202101 229.538 110.364 269.169
202104 382.798 112.673 439.693
202107 349.524 115.183 392.725
202110 300.261 116.696 332.999
202201 329.603 118.619 359.613
202204 240.019 121.978 254.661
202207 48.906 125.002 50.634
202210 226.857 125.734 233.506
202301 334.244 126.223 342.708
202304 362.540 127.992 366.583
202307 462.060 128.974 463.655
202310 735.000 129.810 732.790
202401 2,409.181 129.419 2,409.181

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.


Target  (BUE:TGT) 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.


Target Shiller PE Ratio Related Terms

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


Target (BUE:TGT) Business Description

Address
1000 Nicollet Mall, Minneapolis, MN, USA, 55403
Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Target (BUE:TGT) Headlines

From GuruFocus

Q1 2021 Target Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2019 Target Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2020 Target Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2020 Target Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2020 Target Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Target Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024