GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gildan Activewear Inc (TSX:GIL) » Definitions » Shiller PE Ratio

Gildan Activewear (TSX:GIL) Shiller PE Ratio : 20.26 (As of Apr. 30, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Gildan Activewear Shiller PE Ratio?

As of today (2024-04-30), Gildan Activewear's current share price is C$48.42. Gildan Activewear's E10 for the quarter that ended in Dec. 2023 was C$2.39. Gildan Activewear's Shiller PE Ratio for today is 20.26.

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

TSX:GIL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.37   Med: 31.44   Max: 49.91
Current: 20.27

During the past years, Gildan Activewear's highest Shiller PE Ratio was 49.91. The lowest was 9.37. And the median was 31.44.

TSX:GIL's Shiller PE Ratio is ranked worse than
54.01% of 624 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.73 vs TSX:GIL: 20.27

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.

Gildan Activewear's adjusted earnings per share data for the three months ended in Dec. 2023 was C$1.194. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$2.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gildan Activewear Shiller PE Ratio Historical Data

The historical data trend for Gildan Activewear'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.

Gildan Activewear Shiller PE Ratio Chart

Gildan Activewear Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.43 26.96 31.49 17.84 18.35

Gildan Activewear Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 17.84 20.95 19.21 16.64 18.35

Competitive Comparison of Gildan Activewear's Shiller PE Ratio

For the Apparel Manufacturing subindustry, Gildan Activewear'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.


Gildan Activewear's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's Shiller PE Ratio distribution charts can be found below:

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



Gildan Activewear 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.

Gildan Activewear's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=48.42/2.39
=20.26

* 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.

Gildan Activewear's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Gildan Activewear'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)
=1.194/125.4675*125.4675
=1.194

Current CPI (Dec. 2023) = 125.4675.

Gildan Activewear Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.355 98.604 0.452
201406 0.509 99.473 0.642
201409 0.551 99.394 0.696
201412 -0.196 98.367 -0.250
201503 0.290 99.789 0.365
201506 0.507 100.500 0.633
201509 0.663 100.421 0.828
201512 0.384 99.947 0.482
201603 0.344 101.054 0.427
201606 0.516 102.002 0.635
201609 0.642 101.765 0.792
201612 0.427 101.449 0.528
201703 0.482 102.634 0.589
201706 0.638 103.029 0.777
201709 0.639 103.345 0.776
201712 0.319 103.345 0.387
201803 0.401 105.004 0.479
201806 0.669 105.557 0.795
201809 0.717 105.636 0.852
201812 0.390 105.399 0.464
201903 0.147 106.979 0.172
201906 0.651 107.690 0.758
201909 0.675 107.611 0.787
201912 0.211 107.769 0.246
202003 -0.698 107.927 -0.811
202006 -1.708 108.401 -1.977
202009 0.370 108.164 0.429
202012 0.436 108.559 0.504
202103 0.628 110.298 0.714
202106 0.904 111.720 1.015
202109 1.204 112.905 1.338
202112 1.139 113.774 1.256
202203 0.975 117.646 1.040
202206 1.088 120.806 1.130
202209 1.120 120.648 1.165
202212 0.638 120.964 0.662
202303 0.739 122.702 0.756
202306 1.156 124.203 1.168
202309 0.988 125.230 0.990
202312 1.194 125.468 1.194

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.


Gildan Activewear  (TSX:GIL) 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.


Gildan Activewear Shiller PE Ratio Related Terms

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


Gildan Activewear (TSX:GIL) Business Description

Traded in Other Exchanges
Address
600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.