GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fast Retailing Co Ltd (HKSE:06288) » Definitions » Shiller PE Ratio

Fast Retailing Co (HKSE:06288) Shiller PE Ratio : 71.67 (As of May. 06, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Fast Retailing Co Shiller PE Ratio?

As of today (2024-05-06), Fast Retailing Co's current share price is HK$21.50. Fast Retailing Co's E10 for the quarter that ended in Feb. 2024 was HK$0.30. Fast Retailing Co's Shiller PE Ratio for today is 71.67.

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

HKSE:06288' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.56   Med: 61.29   Max: 101.66
Current: 74.14

During the past years, Fast Retailing Co's highest Shiller PE Ratio was 101.66. The lowest was 16.56. And the median was 61.29.

HKSE:06288's Shiller PE Ratio is ranked worse than
90.76% of 563 companies
in the Retail - Cyclical industry
Industry Median: 17.09 vs HKSE:06288: 74.14

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.

Fast Retailing Co's adjusted earnings per share data for the three months ended in Feb. 2024 was HK$0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$0.30 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fast Retailing Co Shiller PE Ratio Historical Data

The historical data trend for Fast Retailing 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.

Fast Retailing Co Shiller PE Ratio Chart

Fast Retailing Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.28 63.70 65.96 61.74 64.95

Fast Retailing Co 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 56.70 65.52 64.95 69.42 77.31

Competitive Comparison of Fast Retailing Co's Shiller PE Ratio

For the Apparel Retail subindustry, Fast Retailing 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.


Fast Retailing Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



Fast Retailing 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.

Fast Retailing Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=21.50/0.3
=71.67

* 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.

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

For example, Fast Retailing Co'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)
=0.15/106.9000*106.9000
=0.150

Current CPI (Feb. 2024) = 106.9000.

Fast Retailing Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.050 98.100 0.054
201408 -0.032 98.300 -0.035
201411 0.150 97.900 0.164
201502 0.077 97.600 0.084
201505 0.058 98.700 0.063
201508 -0.046 98.400 -0.050
201511 0.099 98.100 0.108
201602 -0.002 97.800 -0.002
201605 0.056 98.200 0.061
201608 -0.058 97.900 -0.063
201611 0.163 98.600 0.177
201702 0.062 98.100 0.068
201705 0.052 98.600 0.056
201708 -0.002 98.500 -0.002
201711 0.177 99.100 0.191
201802 0.061 99.500 0.066
201805 0.103 99.300 0.111
201808 0.015 99.800 0.016
201811 0.166 100.000 0.177
201902 0.094 99.700 0.101
201905 0.104 100.000 0.111
201908 0.009 100.000 0.010
201911 0.166 100.500 0.177
202002 0.068 100.300 0.072
202005 -0.023 100.100 -0.025
202008 -0.001 100.100 -0.001
202011 0.170 99.500 0.183
202102 0.085 99.800 0.091
202105 0.105 99.400 0.113
202108 0.043 99.700 0.046
202111 0.208 100.100 0.222
202202 0.117 100.700 0.124
202205 0.181 101.800 0.190
202208 0.067 102.700 0.070
202211 0.152 103.900 0.156
202302 0.131 104.000 0.135
202305 0.158 105.100 0.161
202308 0.102 105.900 0.103
202311 0.183 106.900 0.183
202402 0.150 106.900 0.150

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.


Fast Retailing Co  (HKSE:06288) 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.


Fast Retailing Co Shiller PE Ratio Related Terms

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


Fast Retailing Co (HKSE:06288) Business Description

Traded in Other Exchanges
Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing Co Ltd is Japan's apparel company, operating the casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. The business is founded on a private-label apparel model whereby Fast Retailing is in charge of product design, production, and sales. Fast Retailing is ranked the third-largest apparel company by sales globally, it runs 3,630 stores globally, including 813 and 1,439 Uniqlo stores in Japan and overseas, respectively. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, Princesse Tam Tam (French lingerie), and J Brand (premium denim).

Fast Retailing Co (HKSE:06288) Headlines

No Headlines