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SMG (The Scotts Miracle Gro Co) Shiller PE Ratio : 26.44 (As of Oct. 31, 2024)


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What is The Scotts Miracle Gro Co Shiller PE Ratio?

As of today (2024-10-31), The Scotts Miracle Gro Co's current share price is $86.98. The Scotts Miracle Gro Co's E10 for the quarter that ended in Jun. 2024 was $3.29. The Scotts Miracle Gro Co's Shiller PE Ratio for today is 26.44.

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

SMG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.99   Med: 29.45   Max: 60.3
Current: 26.44

During the past years, The Scotts Miracle Gro Co's highest Shiller PE Ratio was 60.30. The lowest was 9.99. And the median was 29.45.

SMG's Shiller PE Ratio is ranked worse than
69.74% of 152 companies
in the Agriculture industry
Industry Median: 16.865 vs SMG: 26.44

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.

The Scotts Miracle Gro Co's adjusted earnings per share data for the three months ended in Jun. 2024 was $2.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.29 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Scotts Miracle Gro Co Shiller PE Ratio Historical Data

The historical data trend for The Scotts Miracle Gro 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.

The Scotts Miracle Gro Co Shiller PE Ratio Chart

The Scotts Miracle Gro Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.94 39.22 31.00 10.41 15.92

The Scotts Miracle Gro Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 15.66 15.92 19.73 22.60 19.77

Competitive Comparison of The Scotts Miracle Gro Co's Shiller PE Ratio

For the Agricultural Inputs subindustry, The Scotts Miracle Gro 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.


The Scotts Miracle Gro Co's Shiller PE Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, The Scotts Miracle Gro Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where The Scotts Miracle Gro Co's Shiller PE Ratio falls into.



The Scotts Miracle Gro 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.

The Scotts Miracle Gro Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=86.98/3.29
=26.44

* 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.

The Scotts Miracle Gro Co's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, The Scotts Miracle Gro Co's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.28/132.5538*132.5538
=2.280

Current CPI (Jun. 2024) = 132.5538.

The Scotts Miracle Gro Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 -0.240 100.428 -0.317
201412 -1.230 99.070 -1.646
201503 2.010 99.621 2.674
201506 2.140 100.684 2.817
201509 -0.380 100.392 -0.502
201512 -1.320 99.792 -1.753
201603 3.380 100.470 4.459
201606 3.440 101.688 4.484
201609 -0.360 101.861 -0.468
201612 -1.090 101.863 -1.418
201703 2.730 102.862 3.518
201706 2.530 103.349 3.245
201709 -0.570 104.136 -0.726
201712 -0.370 104.011 -0.472
201803 2.590 105.290 3.261
201806 1.470 106.317 1.833
201809 -2.650 106.507 -3.298
201812 -1.440 105.998 -1.801
201903 7.090 107.251 8.763
201906 3.560 108.070 4.367
201909 -1.040 108.329 -1.273
201912 -1.280 108.420 -1.565
202003 4.470 108.902 5.441
202006 3.550 108.767 4.326
202009 0.070 109.815 0.084
202012 0.430 109.897 0.519
202103 5.430 111.754 6.441
202106 3.940 114.631 4.556
202109 -0.860 115.734 -0.985
202112 -0.900 117.630 -1.014
202203 4.940 121.301 5.398
202206 -8.010 125.017 -8.493
202209 -3.970 125.227 -4.202
202212 -1.170 125.222 -1.239
202303 1.940 127.348 2.019
202306 0.770 128.729 0.793
202309 -8.330 129.860 -8.503
202312 -1.420 129.419 -1.454
202403 2.740 131.776 2.756
202406 2.280 132.554 2.280

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.


The Scotts Miracle Gro Co  (NYSE:SMG) 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.


The Scotts Miracle Gro Co Shiller PE Ratio Related Terms

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


The Scotts Miracle Gro Co Business Description

Traded in Other Exchanges
Address
14111 Scottslawn Road, Marysville, OH, USA, 43041
Scotts Miracle-Gro is the largest purveyor of home lawn and gardening products in the us. The business consists of three reporting segments: us consumer, Hawthorne, and other. The us consumer segment consists of a broad range of lawncare products, including grass seed, fertilizer, and lawn-related weed, animal, and disease control. us consumer typically generates the vast majority of companywide revenue and profits. Hawthorne sells indoor gardening and hydroponic equipment, particularly to the cannabis growing industry, while the other segment primarily consists of lawn and gardening products sold in Canada. Its lawncare and gardening products are well-recognized brands in the us, including Scotts, Miracle-Gro, Roundup, Ortho, and Tomcat.
Executives
Nathan Eric Baxter 10 percent owner C/O HAGEDORN PARTNERSHIP, L.P., 800 PORT WASHINGTON BOULEVARD, PORT WASHINGTON NY 11050
Hagedorn Partnerships L P 10 percent owner SCOTTS MIRACLE-GRO PRODUCTS INC, 800 PORT WASHINGTON BLVD, PORT WASHINGTON NY 11050
Stephen L Johnson director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Nancy G. Mistretta director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Kelly Thomas N Jr director C/O THE SCOTTS MIRACLE-GRO COMPANY, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
James Hagedorn director, 10 percent owner, officer: President and CEO C/O SCOTTS CO, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Julie Demuesy officer: SVP, CHIEF HUMAN RESOURCES 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Mark D Kingdon director 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Edith Aviles director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Dimiter Todorov officer: EVP, GC & CORPORATE SECRETARY 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Matthew E Garth officer: EVP & CFO 622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
David C Evans officer: EVP and CFO C/O THE SCOTTS MIRACLE-GRO COMPANY, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Peter E Shumlin director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Brian E Sandoval director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
James D King officer: EVP and CCO 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041

The Scotts Miracle Gro Co Headlines

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