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Best Buy Co (FRA:BUY) Shiller PE Ratio : 12.15 (As of May. 07, 2024)


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What is Best Buy Co Shiller PE Ratio?

As of today (2024-05-07), Best Buy Co's current share price is €69.50. Best Buy Co's E10 for the quarter that ended in Jan. 2024 was €5.72. Best Buy Co's Shiller PE Ratio for today is 12.15.

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

FRA:BUY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.58   Med: 19.35   Max: 40.46
Current: 12.11

During the past years, Best Buy Co's highest Shiller PE Ratio was 40.46. The lowest was 10.58. And the median was 19.35.

FRA:BUY's Shiller PE Ratio is ranked better than
68.38% of 563 companies
in the Retail - Cyclical industry
Industry Median: 17.09 vs FRA:BUY: 12.11

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.

Best Buy Co's adjusted earnings per share data for the three months ended in Jan. 2024 was €1.946. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €5.72 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Best Buy Co Shiller PE Ratio Historical Data

The historical data trend for Best Buy 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.

Best Buy Co Shiller PE Ratio Chart

Best Buy Co 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 28.44 32.84 23.46 15.76 11.80

Best Buy Co 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 15.76 12.73 14.03 11.03 11.80

Competitive Comparison of Best Buy Co's Shiller PE Ratio

For the Specialty Retail subindustry, Best Buy 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.


Best Buy Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



Best Buy 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.

Best Buy Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=69.50/5.72
=12.15

* 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.

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

For example, Best Buy Co'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)
=1.946/129.4194*129.4194
=1.946

Current CPI (Jan. 2024) = 129.4194.

Best Buy Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.948 100.023 1.227
201407 0.310 100.520 0.399
201410 0.237 100.176 0.306
201501 1.257 98.604 1.650
201504 0.333 99.824 0.432
201507 0.418 100.691 0.537
201510 0.321 100.346 0.414
201601 1.289 99.957 1.669
201604 0.617 100.947 0.791
201607 0.552 101.524 0.704
201610 0.554 101.988 0.703
201701 1.795 102.456 2.267
201704 0.560 103.167 0.702
201707 0.581 103.278 0.728
201710 0.664 104.070 0.826
201801 1.009 104.578 1.249
201804 0.587 105.708 0.719
201807 0.736 106.324 0.896
201810 0.861 106.695 1.044
201901 2.356 106.200 2.871
201904 0.872 107.818 1.047
201907 0.794 108.250 0.949
201910 0.994 108.577 1.185
202001 2.559 108.841 3.043
202004 0.561 108.173 0.671
202007 1.435 109.318 1.699
202010 1.258 109.861 1.482
202101 2.545 110.364 2.984
202104 1.940 112.673 2.228
202107 2.453 115.183 2.756
202110 1.724 116.696 1.912
202201 2.316 118.619 2.527
202204 1.380 121.978 1.464
202207 1.327 125.002 1.374
202210 1.238 125.734 1.274
202301 2.069 126.223 2.121
202304 1.012 127.992 1.023
202307 1.130 128.974 1.134
202310 1.146 129.810 1.143
202401 1.946 129.419 1.946

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.


Best Buy Co  (FRA:BUY) 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.


Best Buy Co Shiller PE Ratio Related Terms

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


Best Buy Co (FRA:BUY) Business Description

Traded in Other Exchanges
Address
7601 Penn Avenue South, Richfield, MN, USA, 55423
With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Best Buy Co (FRA:BUY) Headlines

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