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LOW (Lowe's) Shiller PE Ratio : 32.89 (As of Oct. 31, 2024)


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What is Lowe's Shiller PE Ratio?

As of today (2024-10-31), Lowe's's current share price is $261.83. Lowe's's E10 for the quarter that ended in Jul. 2024 was $7.96. Lowe's's Shiller PE Ratio for today is 32.89.

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

LOW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.27   Med: 36.63   Max: 57.37
Current: 32.89

During the past years, Lowe's's highest Shiller PE Ratio was 57.37. The lowest was 22.27. And the median was 36.63.

LOW's Shiller PE Ratio is ranked worse than
76.41% of 568 companies
in the Retail - Cyclical industry
Industry Median: 18.035 vs LOW: 32.89

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.

Lowe's's adjusted earnings per share data for the three months ended in Jul. 2024 was $4.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $7.96 for the trailing ten years ended in Jul. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lowe's Shiller PE Ratio Historical Data

The historical data trend for Lowe's'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.

Lowe's Shiller PE Ratio Chart

Lowe's 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 39.02 45.95 47.88 34.28 29.12

Lowe's Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 34.13 26.65 29.12 29.78 30.85

Competitive Comparison of Lowe's's Shiller PE Ratio

For the Home Improvement Retail subindustry, Lowe's'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.


Lowe's's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



Lowe's 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.

Lowe's's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=261.83/7.96
=32.89

* 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.

Lowe's's E10 for the quarter that ended in Jul. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=4.17/132.7078*132.7078
=4.170

Current CPI (Jul. 2024) = 132.7078.

Lowe's Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201410 0.590 100.176 0.782
201501 0.460 98.604 0.619
201504 0.700 99.824 0.931
201507 1.200 100.691 1.582
201510 0.800 100.346 1.058
201601 0.010 99.957 0.013
201604 0.980 100.947 1.288
201607 1.310 101.524 1.712
201610 0.430 101.988 0.560
201701 0.740 102.456 0.958
201704 0.700 103.167 0.900
201707 1.680 103.278 2.159
201710 1.050 104.070 1.339
201801 0.670 104.578 0.850
201804 1.190 105.708 1.494
201807 1.860 106.324 2.322
201810 0.780 106.695 0.970
201901 -1.030 106.200 -1.287
201904 1.310 107.818 1.612
201907 2.140 108.250 2.624
201910 1.360 108.577 1.662
202001 0.660 108.841 0.805
202004 1.760 108.173 2.159
202007 3.740 109.318 4.540
202010 0.910 109.861 1.099
202101 1.320 110.364 1.587
202104 3.210 112.673 3.781
202107 4.250 115.183 4.897
202110 2.730 116.696 3.105
202201 1.780 118.619 1.991
202204 3.510 121.978 3.819
202207 4.670 125.002 4.958
202210 0.250 125.734 0.264
202301 1.580 126.223 1.661
202304 3.770 127.992 3.909
202307 4.560 128.974 4.692
202310 3.060 129.810 3.128
202401 1.770 130.124 1.805
202404 3.060 132.289 3.070
202407 4.170 132.708 4.170

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.


Lowe's  (NYSE:LOW) 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.


Lowe's Shiller PE Ratio Related Terms

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


Lowe's Business Description

Address
1000 Lowes Boulevard, Mooresville, NC, USA, 28117
Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.
Executives
Griggs Dan Clayton Jr officer: Vice President, CAO 1000 LOWES BOULEVARD, MOORESVILLE NC 28117
Brandon J Sink officer: EVP, Chief Financial Officer 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Seemantini Godbole officer: EVP, Chief Information Officer 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Janice Dupre Little officer: EVP Human Resources 1000 LOWES BOULEVARD, MOORESVILLE NC 28117
Joseph Michael Mcfarland officer: EVP, Stores 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Quonta D Vance officer: EVP, Pro & Home Services 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Donald Frieson officer: EVP, Supply Chain 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
William P Boltz officer: EVP, Merchandising 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Juliette Williams Pryor officer: EVP, CLO & Corp. Sec. 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Ross W Mccanless officer: SR VP Gen Counsel & Secretary
Scott H Baxter director 400 NORTH ELM STREET, GREENSBORO NC 27401
Taylor Colleen director C/O BILL.COM HOLDINGS, INC., 1800 EMBARCADERO ROAD, PALO ALTO CA 94303
Stone West Mary E director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Daniel J Heinrich director CLOROX CO, 1221 BROADWAY, OAKLAND CA 94612
David H Batchelder director 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117