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PepsiCo (BSP:PEPB34) Shiller PE Ratio : 28.34 (As of May. 04, 2024)


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What is PepsiCo Shiller PE Ratio?

As of today (2024-05-04), PepsiCo's current share price is R$59.52. PepsiCo's E10 for the quarter that ended in Mar. 2024 was R$2.10. PepsiCo's Shiller PE Ratio for today is 28.34.

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

BSP:PEPB34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.71   Med: 26.56   Max: 32.17
Current: 27.96

During the past years, PepsiCo's highest Shiller PE Ratio was 32.17. The lowest was 20.71. And the median was 26.56.

BSP:PEPB34's Shiller PE Ratio is ranked worse than
75.41% of 61 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 19.38 vs BSP:PEPB34: 27.96

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 R$0.491. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$2.10 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
=59.52/2.1
=28.34

* 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)
=0.491/129.4194*129.4194
=0.491

Current CPI (Mar. 2024) = 129.4194.

PepsiCo Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.192 100.560 0.247
201409 0.206 100.428 0.265
201412 0.153 99.070 0.200
201503 0.170 99.621 0.221
201506 0.276 100.684 0.355
201509 0.094 100.392 0.121
201512 0.303 99.792 0.393
201603 0.158 100.470 0.204
201606 0.315 101.688 0.401
201609 0.297 101.861 0.377
201612 0.217 101.863 0.276
201703 0.190 102.862 0.239
201706 0.321 103.349 0.402
201709 0.311 104.136 0.387
201712 -0.110 104.011 -0.137
201803 0.205 105.290 0.252
201806 0.322 106.317 0.392
201809 0.479 106.507 0.582
201812 1.250 105.998 1.526
201903 0.256 107.251 0.309
201906 0.370 108.070 0.443
201909 0.409 108.329 0.489
201912 0.345 108.420 0.412
202003 0.313 108.902 0.372
202006 0.408 108.767 0.485
202009 0.594 109.815 0.700
202012 0.456 109.897 0.537
202103 0.466 111.754 0.540
202106 0.570 114.631 0.644
202109 0.563 115.734 0.630
202112 0.358 117.630 0.394
202203 1.015 121.301 1.083
202206 0.347 125.017 0.359
202209 0.682 125.227 0.705
202212 0.129 125.222 0.133
202303 0.486 127.348 0.494
202306 0.644 128.729 0.647
202309 0.738 129.860 0.735
202312 0.307 129.419 0.307
202403 0.491 129.419 0.491

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  (BSP:PEPB34) 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 (BSP:PEPB34) 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 (BSP:PEPB34) Headlines

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