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Mead Johnson Nutrition Co (Mead Johnson Nutrition Co) Shiller PE Ratio : 31.03 (As of May. 05, 2024)


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What is Mead Johnson Nutrition Co Shiller PE Ratio?

As of today (2024-05-05), Mead Johnson Nutrition Co's current share price is $89.98. Mead Johnson Nutrition Co's E10 for the quarter that ended in Mar. 2017 was $2.90. Mead Johnson Nutrition Co's Shiller PE Ratio for today is 31.03.

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

MJN's Shiller PE Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 19.125
* Ranked among companies with meaningful Shiller PE Ratio only.

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.

Mead Johnson Nutrition Co's adjusted earnings per share data for the three months ended in Mar. 2017 was $0.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.90 for the trailing ten years ended in Mar. 2017.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mead Johnson Nutrition Co Shiller PE Ratio Historical Data

The historical data trend for Mead Johnson Nutrition 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.

Mead Johnson Nutrition Co Shiller PE Ratio Chart

Mead Johnson Nutrition Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 24.59

Mead Johnson Nutrition Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 - - 27.65 24.59 30.74

Competitive Comparison of Mead Johnson Nutrition Co's Shiller PE Ratio

For the Packaged Foods subindustry, Mead Johnson Nutrition 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.


Mead Johnson Nutrition Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mead Johnson Nutrition Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mead Johnson Nutrition Co's Shiller PE Ratio falls into.



Mead Johnson Nutrition 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.

Mead Johnson Nutrition Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=89.98/2.9
=31.03

* 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.

Mead Johnson Nutrition Co's E10 for the quarter that ended in Mar. 2017 is calculated as:

For example, Mead Johnson Nutrition Co's adjusted earnings per share data for the three months ended in Mar. 2017 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=0.65/102.8622*102.8622
=0.650

Current CPI (Mar. 2017) = 102.8622.

Mead Johnson Nutrition Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200612 0.000 85.142 0.000
200709 0.000 87.964 0.000
200712 0.350 88.616 0.406
200803 0.770 90.090 0.879
200806 0.670 92.320 0.747
200809 0.610 92.307 0.680
200812 0.270 88.697 0.313
200903 0.550 89.744 0.630
200906 0.660 91.003 0.746
200909 0.480 91.120 0.542
200912 0.310 91.111 0.350
201003 0.610 91.821 0.683
201006 0.590 91.962 0.660
201009 0.520 92.162 0.580
201012 0.480 92.474 0.534
201103 0.710 94.283 0.775
201106 0.640 95.235 0.691
201109 0.700 95.727 0.752
201112 0.410 95.213 0.443
201203 0.800 96.783 0.850
201206 0.810 96.819 0.861
201209 0.690 97.633 0.727
201212 0.540 96.871 0.573
201303 0.920 98.209 0.964
201306 0.840 98.518 0.877
201309 0.840 98.790 0.875
201312 0.750 98.326 0.785
201403 1.000 99.695 1.032
201406 0.840 100.560 0.859
201409 0.920 100.428 0.942
201412 0.770 99.070 0.799
201503 1.020 99.621 1.053
201506 0.800 100.684 0.817
201509 0.770 100.392 0.789
201512 0.680 99.792 0.701
201603 0.390 100.470 0.399
201606 0.830 101.688 0.840
201609 0.800 101.861 0.808
201612 0.900 101.863 0.909
201703 0.650 102.862 0.650

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.


Mead Johnson Nutrition Co  (NYSE:MJN) 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.


Mead Johnson Nutrition Co Shiller PE Ratio Related Terms

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


Mead Johnson Nutrition Co (Mead Johnson Nutrition Co) Business Description

Traded in Other Exchanges
N/A
Address
Mead Johnson Nutrition makes, distributes, and markets pediatric nutrition products worldwide under a variety of brands, including Enfamil, its largest label, along with Sustagen, Enfagrow, and Nutramigen. Infant formula represented 59% of 2015 sales and children's nutrition 39%, with expectant and nursing mother nutrition and pediatric vitamins comprising the remainder. The company sells its products globally; 73% of sales were generated outside the United States in 2015. At about 30% of revenue, China is the company's largest market.
Executives
Kimberly A Casiano director C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
James E. Shiah officer: SVP and Controller 2 PARK AVENUE, NEW YORK NY 10016
Howard B Bernick director 1100 N WOOD DALE RD, WOOD DALE IL 60191
Michael A. Sherman director 3000 KENT AVE STE A1-100, WEST LAFAYETTE IN 47906
Robert S Singer director 6301 FITCH PATH, NEW ALBANY OH 43054
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Peter Gervis Ratcliffe director
Steven Altschuler director MEAD JOHNSON NUTRITION COMPANY, 2701 PATRIOT BLVD, GLENVIEW IL 60026
Patrick M Sheller officer: SVP, Gen. Counsel & Secretary 343 STATE STREET, ROCHESTER NY 14650
Elliot Sigal director
James M Cornelius director
Michael Grobstein director C/O GUIDANT CORP, 111 MONUMENT CIRCLE #2900, INDIANAPOLIS IN 46204-5129
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Peter G Leemputte officer: EVP and CFO CHICAGO TITLE CORP, 171 N CLARK ST, CHICAGO IL 80601
Lynn H Clark officer: Sr. VP, Human Resources 2400 WEST LLOYD EXPRESSWAY, EVANSVILLE IL 47721

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