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H&R Block (FRA:HRB) Shiller PE Ratio : 20.81 (As of May. 09, 2024)


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What is H&R Block Shiller PE Ratio?

As of today (2024-05-09), H&R Block's current share price is €46.20. H&R Block's E10 for the quarter that ended in Dec. 2023 was €2.22. H&R Block's Shiller PE Ratio for today is 20.81.

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

FRA:HRB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.98   Med: 17.73   Max: 41.34
Current: 19.78

During the past years, H&R Block's highest Shiller PE Ratio was 41.34. The lowest was 6.98. And the median was 17.73.

FRA:HRB's Shiller PE Ratio is ranked worse than
53.33% of 45 companies
in the Personal Services industry
Industry Median: 19.56 vs FRA:HRB: 19.78

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.

H&R Block's adjusted earnings per share data for the three months ended in Dec. 2023 was €-1.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


H&R Block Shiller PE Ratio Historical Data

The historical data trend for H&R Block'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.

H&R Block Shiller PE Ratio Chart

H&R Block Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.69 9.84 11.58 14.97 12.36

H&R Block Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.50 13.20 12.36 16.92 19.71

Competitive Comparison of H&R Block's Shiller PE Ratio

For the Personal Services subindustry, H&R Block'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.


H&R Block's Shiller PE Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, H&R Block's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where H&R Block's Shiller PE Ratio falls into.



H&R Block 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.

H&R Block's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=46.20/2.22
=20.81

* 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.

H&R Block's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, H&R Block'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)
=-1.22/129.4194*129.4194
=-1.220

Current CPI (Dec. 2023) = 129.4194.

H&R Block Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201401 -0.573 98.692 -0.751
201404 2.382 100.023 3.082
201407 -0.310 100.520 -0.399
201410 -0.323 100.176 -0.417
201501 -0.112 98.604 -0.147
201504 2.476 99.824 3.210
201507 -0.327 100.691 -0.420
201510 -0.490 100.346 -0.632
201601 -0.322 99.957 -0.417
201604 2.758 100.947 3.536
201607 -0.507 101.524 -0.646
201610 -0.617 101.988 -0.783
201701 -0.473 102.456 -0.597
201704 3.499 103.167 4.389
201707 -0.546 103.278 -0.684
201710 -0.630 104.070 -0.783
201801 -0.968 104.578 -1.198
201804 4.417 105.708 5.408
201807 -0.633 106.324 -0.770
201810 -0.748 106.695 -0.907
201901 -0.543 106.200 -0.662
201904 3.818 107.818 4.583
201907 -0.660 108.250 -0.789
201910 -0.859 108.577 -1.024
202001 -0.604 108.841 -0.718
202004 2.180 108.173 2.608
202007 0.409 109.318 0.484
202010 -1.003 109.861 -1.182
202101 -1.043 110.364 -1.223
202104 4.289 112.673 4.926
202109 -0.723 115.734 -0.808
202112 -0.974 117.630 -1.072
202203 3.677 121.301 3.923
202206 1.287 125.017 1.332
202209 -1.071 125.227 -1.107
202212 -1.369 125.222 -1.415
202303 3.848 127.348 3.911
202306 1.809 128.729 1.819
202309 -1.049 129.860 -1.045
202312 -1.220 129.419 -1.220

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.


H&R Block  (FRA:HRB) 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.


H&R Block Shiller PE Ratio Related Terms

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


H&R Block (FRA:HRB) Business Description

Traded in Other Exchanges
Address
One H&R Block Way, Kansas City, MO, USA, 64105
H&R Block Inc provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public primarily in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block's offices are located in the U.S. The company derives most of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively significant.