GURUFOCUS.COM » STOCK LIST » Technology » Software » CDW Corp (FRA:CDW) » Definitions » Shiller PE Ratio

CDW (FRA:CDW) Shiller PE Ratio : 39.84 (As of May. 16, 2024)


View and export this data going back to 2013. Start your Free Trial

What is CDW Shiller PE Ratio?

As of today (2024-05-16), CDW's current share price is €204.40. CDW's E10 for the quarter that ended in Mar. 2024 was €5.13. CDW's Shiller PE Ratio for today is 39.84.

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

FRA:CDW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.95   Med: 40.91   Max: 73.08
Current: 40.22

During the past years, CDW's highest Shiller PE Ratio was 73.08. The lowest was 8.95. And the median was 40.91.

FRA:CDW's Shiller PE Ratio is ranked worse than
64.34% of 917 companies
in the Software industry
Industry Median: 30.85 vs FRA:CDW: 40.22

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.

CDW's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.463. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €5.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CDW Shiller PE Ratio Historical Data

The historical data trend for CDW'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.

CDW Shiller PE Ratio Chart

CDW 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 66.99 48.23 56.39 38.99 41.83

CDW 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 40.59 36.67 38.21 41.83 46.04

Competitive Comparison of CDW's Shiller PE Ratio

For the Information Technology Services subindustry, CDW'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.


CDW's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, CDW's Shiller PE Ratio distribution charts can be found below:

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



CDW 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.

CDW's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=204.40/5.13
=39.84

* 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.

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

For example, CDW'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)
=1.463/131.7762*131.7762
=1.463

Current CPI (Mar. 2024) = 131.7762.

CDW Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.368 100.560 0.482
201409 0.248 100.428 0.325
201412 0.243 99.070 0.323
201503 0.296 99.621 0.392
201506 0.561 100.684 0.734
201509 0.784 100.392 1.029
201512 0.477 99.792 0.630
201603 0.413 100.470 0.542
201606 0.623 101.688 0.807
201609 0.677 101.861 0.876
201612 0.597 101.863 0.772
201703 0.337 102.862 0.432
201706 0.792 103.349 1.010
201709 0.696 104.136 0.881
201712 1.065 104.011 1.349
201803 0.665 105.290 0.832
201806 0.959 106.317 1.189
201809 1.028 106.507 1.272
201812 0.923 105.998 1.147
201903 0.903 107.251 1.109
201906 1.177 108.070 1.435
201909 1.244 108.329 1.513
201912 1.143 108.420 1.389
202003 1.050 108.902 1.271
202006 1.163 108.767 1.409
202009 1.129 109.815 1.355
202012 1.356 109.897 1.626
202103 1.369 111.754 1.614
202106 1.602 114.631 1.842
202109 1.624 115.734 1.849
202112 1.389 117.630 1.556
202203 1.662 121.301 1.806
202206 1.930 125.017 2.034
202209 2.192 125.227 2.307
202212 1.973 125.222 2.076
202303 1.569 127.348 1.624
202306 1.772 128.729 1.814
202309 2.174 129.860 2.206
202312 1.999 129.419 2.035
202403 1.463 131.776 1.463

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.


CDW  (FRA:CDW) 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.


CDW Shiller PE Ratio Related Terms

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


CDW (FRA:CDW) Business Description

Traded in Other Exchanges
Address
75 Tri-State International, Lincolnshire, Chicago, IL, USA, 60069
CDW Corp is a value-added reseller operating in the U.S. (95% of sales) and Canada (5%). The company has more than 100,000 products on its line of cards that range from notebooks to data center software. Roughly half of CDW's revenue comes from midsize and large businesses, with the remaining from small businesses, government agencies, education institutions, and health-care organizations.

CDW (FRA:CDW) Headlines

From GuruFocus

Q4 2021 CDW Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2022 CDW Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2021 CDW Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2020 CDW Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2023 CDW Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2020 CDW Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2023 CDW Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2020 CDW Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

CDW Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024