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Pizza Pizza Royalty (TSX:PZA) Shiller PE Ratio : 13.65 (As of Apr. 29, 2024)


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What is Pizza Pizza Royalty Shiller PE Ratio?

As of today (2024-04-29), Pizza Pizza Royalty's current share price is C$13.51. Pizza Pizza Royalty's E10 for the quarter that ended in Dec. 2023 was C$0.99. Pizza Pizza Royalty's Shiller PE Ratio for today is 13.65.

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

TSX:PZA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.26   Med: 14.2   Max: 25.28
Current: 13.6

During the past years, Pizza Pizza Royalty's highest Shiller PE Ratio was 25.28. The lowest was 9.26. And the median was 14.20.

TSX:PZA's Shiller PE Ratio is ranked better than
80% of 140 companies
in the Restaurants industry
Industry Median: 27.855 vs TSX:PZA: 13.60

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.

Pizza Pizza Royalty's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pizza Pizza Royalty Shiller PE Ratio Historical Data

The historical data trend for Pizza Pizza Royalty'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.

Pizza Pizza Royalty Shiller PE Ratio Chart

Pizza Pizza Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.52 11.82 - 13.74 14.82

Pizza Pizza Royalty Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 13.74 13.19 15.05 13.94 14.82

Competitive Comparison of Pizza Pizza Royalty's Shiller PE Ratio

For the Restaurants subindustry, Pizza Pizza Royalty'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.


Pizza Pizza Royalty's Shiller PE Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pizza Pizza Royalty's Shiller PE Ratio distribution charts can be found below:

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



Pizza Pizza Royalty 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.

Pizza Pizza Royalty's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.51/0.99
=13.65

* 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.

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

For example, Pizza Pizza Royalty'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)
=0.25/125.4675*125.4675
=0.250

Current CPI (Dec. 2023) = 125.4675.

Pizza Pizza Royalty Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201309 0.200 97.419 0.258
201312 0.210 96.945 0.272
201403 0.210 98.604 0.267
201406 0.200 99.473 0.252
201409 0.200 99.394 0.252
201412 0.230 98.367 0.293
201503 0.210 99.789 0.264
201506 0.170 100.500 0.212
201509 0.210 100.421 0.262
201512 0.220 99.947 0.276
201603 0.210 101.054 0.261
201606 0.210 102.002 0.258
201609 0.220 101.765 0.271
201612 0.220 101.449 0.272
201703 0.220 102.634 0.269
201706 0.210 103.029 0.256
201709 0.220 103.345 0.267
201712 0.230 103.345 0.279
201803 0.220 105.004 0.263
201806 0.200 105.557 0.238
201809 0.210 105.636 0.249
201812 0.220 105.399 0.262
201903 0.210 106.979 0.246
201906 0.210 107.690 0.245
201909 0.210 107.611 0.245
201912 0.220 107.769 0.256
202003 0.200 107.927 0.233
202006 0.190 108.401 0.220
202009 0.190 108.164 0.220
202012 0.190 108.559 0.220
202103 0.160 110.298 0.182
202112 0.000 113.774 0.000
202203 0.190 117.646 0.203
202206 0.210 120.806 0.218
202209 0.220 120.648 0.229
202212 0.240 120.964 0.249
202303 0.220 122.702 0.225
202306 0.240 124.203 0.242
202309 0.250 125.230 0.250
202312 0.250 125.468 0.250

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.


Pizza Pizza Royalty  (TSX:PZA) 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.


Pizza Pizza Royalty Shiller PE Ratio Related Terms

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


Pizza Pizza Royalty (TSX:PZA) Business Description

Traded in Other Exchanges
Address
500 Kipling Avenue, Toronto, ON, CAN, M8Z 5E5
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It offers a flavorful, varied, and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions in Canada.