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PepsiCo (WBO:PEPS) Shiller PE Ratio : 28.64 (As of Apr. 27, 2024)


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What is PepsiCo Shiller PE Ratio?

As of today (2024-04-27), PepsiCo's current share price is €165.26. PepsiCo's E10 for the quarter that ended in Mar. 2024 was €5.77. PepsiCo's Shiller PE Ratio for today is 28.64.

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

WBO:PEPS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.71   Med: 26.55   Max: 32.17
Current: 28.04

During the past years, PepsiCo's highest Shiller PE Ratio was 32.17. The lowest was 20.71. And the median was 26.55.

WBO:PEPS's Shiller PE Ratio is ranked worse than
75.41% of 61 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 19.26 vs WBO:PEPS: 28.04

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.

PepsiCo's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.362. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €5.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PepsiCo Shiller PE Ratio Historical Data

The historical data trend for PepsiCo'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.

PepsiCo Shiller PE Ratio Chart

PepsiCo 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 27.73 29.40 31.79 30.30 27.15

PepsiCo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.81 29.81 26.77 27.15 27.78

Competitive Comparison of PepsiCo's Shiller PE Ratio

For the Beverages - Non-Alcoholic subindustry, PepsiCo'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.


PepsiCo's Shiller PE Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PepsiCo's Shiller PE Ratio distribution charts can be found below:

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



PepsiCo 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.

PepsiCo's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=165.26/5.77
=28.64

* 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.

PepsiCo's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, PepsiCo's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.362/129.4194*129.4194
=1.362

Current CPI (Mar. 2024) = 129.4194.

PepsiCo Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.949 100.560 1.221
201409 1.024 100.428 1.320
201412 0.706 99.070 0.922
201503 0.748 99.621 0.972
201506 1.185 100.684 1.523
201509 0.321 100.392 0.414
201512 1.074 99.792 1.393
201603 0.575 100.470 0.741
201606 1.228 101.688 1.563
201609 1.221 101.861 1.551
201612 0.920 101.863 1.169
201703 0.851 102.862 1.071
201706 1.299 103.349 1.627
201709 1.250 104.136 1.553
201712 -0.422 104.011 -0.525
201803 0.762 105.290 0.937
201806 1.096 106.317 1.334
201809 1.500 106.507 1.823
201812 4.246 105.998 5.184
201903 0.885 107.251 1.068
201906 1.274 108.070 1.526
201909 1.353 108.329 1.616
201912 1.134 108.420 1.354
202003 0.869 108.902 1.033
202006 1.048 108.767 1.247
202009 1.401 109.815 1.651
202012 1.093 109.897 1.287
202103 1.042 111.754 1.207
202106 1.411 114.631 1.593
202109 1.360 115.734 1.521
202112 0.841 117.630 0.925
202203 2.778 121.301 2.964
202206 0.974 125.017 1.008
202209 1.970 125.227 2.036
202212 0.349 125.222 0.361
202303 1.308 127.348 1.329
202306 1.837 128.729 1.847
202309 2.099 129.860 2.092
202312 0.862 129.419 0.862
202403 1.362 129.419 1.362

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.


PepsiCo  (WBO:PEPS) 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.


PepsiCo Shiller PE Ratio Related Terms

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


PepsiCo (WBO:PEPS) Business Description

Address
700 Anderson Hill Road, Purchase, NY, USA, 10577
PepsiCo is a global leader in snacks and beverages, owning well-known household brands including Pepsi, Mountain Dew, Gatorade, Lay's, Cheetos, and Doritos, among others. The company dominates the global savory snacks market and also ranks as the second-largest beverage provider in the world (behind Coca-Cola) with diversified exposure to carbonated soft drinks, or CSD, as well as water, sports, and energy offerings. Convenience foods account for approximately 55% of its total revenue, with beverages making up the rest. Pepsi owns the bulk of its manufacturing and distribution capacity in the United States and overseas. International markets make up 40% of total sales and one third of operating profits.

PepsiCo (WBO:PEPS) Headlines

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