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Restaurant Brands International LP (TSX:QSP.UN) Shiller PE Ratio : 33.46 (As of Apr. 27, 2024)


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What is Restaurant Brands International LP Shiller PE Ratio?

As of today (2024-04-27), Restaurant Brands International LP's current share price is C$97.71. Restaurant Brands International LP's E10 for the quarter that ended in Dec. 2023 was C$2.92. Restaurant Brands International LP's Shiller PE Ratio for today is 33.46.

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

TSX:QSP.UN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 31.05   Med: 35.14   Max: 37.29
Current: 33.48

During the past years, Restaurant Brands International LP's highest Shiller PE Ratio was 37.29. The lowest was 31.05. And the median was 35.14.

TSX:QSP.UN's Shiller PE Ratio is ranked worse than
58.99% of 139 companies
in the Restaurants industry
Industry Median: 27.88 vs TSX:QSP.UN: 33.48

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.

Restaurant Brands International LP's adjusted earnings per share data for the three months ended in Dec. 2023 was C$2.147. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$2.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Restaurant Brands International LP Shiller PE Ratio Historical Data

The historical data trend for Restaurant Brands International LP'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.

Restaurant Brands International LP Shiller PE Ratio Chart

Restaurant Brands International LP 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 - - - - 35.40

Restaurant Brands International LP 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 - - - 31.99 35.40

Competitive Comparison of Restaurant Brands International LP's Shiller PE Ratio

For the Restaurants subindustry, Restaurant Brands International LP'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.


Restaurant Brands International LP's Shiller PE Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Restaurant Brands International LP's Shiller PE Ratio falls into.



Restaurant Brands International LP 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.

Restaurant Brands International LP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=97.71/2.92
=33.46

* 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.

Restaurant Brands International LP's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Restaurant Brands International LP'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)
=2.147/125.4675*125.4675
=2.147

Current CPI (Dec. 2023) = 125.4675.

Restaurant Brands International LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.144 98.604 0.183
201406 0.174 99.473 0.219
201409 -0.055 99.394 -0.069
201412 -2.324 98.367 -2.964
201503 -0.050 99.789 -0.063
201506 0.062 100.500 0.077
201509 0.332 100.421 0.415
201512 0.342 99.947 0.429
201603 0.291 101.054 0.361
201606 0.503 102.002 0.619
201609 0.485 101.765 0.598
201612 0.680 101.449 0.841
201703 0.281 102.634 0.344
201706 0.505 103.029 0.615
201709 0.479 103.345 0.582
201712 2.056 103.345 2.496
201803 0.776 105.004 0.927
201806 0.879 105.557 1.045
201809 0.691 105.636 0.821
201812 0.535 105.399 0.637
201903 0.709 106.979 0.832
201906 0.731 107.690 0.852
201909 1.006 107.611 1.173
201912 0.724 107.769 0.843
202003 0.670 107.927 0.779
202006 0.474 108.401 0.549
202009 0.635 108.164 0.737
202012 0.384 108.559 0.444
202103 0.742 110.298 0.844
202106 1.026 111.720 1.152
202109 0.900 112.905 1.000
202112 0.730 113.774 0.805
202203 0.747 117.646 0.797
202206 0.986 120.806 1.024
202209 2.374 120.648 2.469
202212 1.005 120.964 1.042
202303 0.835 122.702 0.854
202306 1.023 124.203 1.033
202309 1.691 125.230 1.694
202312 2.147 125.468 2.147

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.


Restaurant Brands International LP  (TSX:QSP.UN) 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.


Restaurant Brands International LP Shiller PE Ratio Related Terms

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Restaurant Brands International LP (TSX:QSP.UN) Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 300, P.O. Box 339, Toronto, ON, CAN, M5X 1E1
Restaurant Brands International LP is a Canada-based firm. It owns, operates and franchises quick-service restaurants and possesses market recognition. It operates in three segments namely; Tim Hortons; Burger King; and Popeyes Louisiana Kitchen. Its business generates revenue from franchise revenues; property revenues from properties it leases or subleases to franchisees; and sales at restaurants owned by the company. In addition, the Tim Hortons business generates a vast majority of the revenue from sales to franchisees related to its supply chain operations, including manufacturing, procurement, warehousing, and distribution, as well as sales to retailers.

Restaurant Brands International LP (TSX:QSP.UN) Headlines

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