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Dolby Laboratories (FRA:FUO) Shiller PE Ratio : 34.58 (As of May. 06, 2024)


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What is Dolby Laboratories Shiller PE Ratio?

As of today (2024-05-06), Dolby Laboratories's current share price is €74.00. Dolby Laboratories's E10 for the quarter that ended in Dec. 2023 was €2.14. Dolby Laboratories's Shiller PE Ratio for today is 34.58.

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

FRA:FUO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.06   Med: 29.07   Max: 45.99
Current: 34.94

During the past years, Dolby Laboratories's highest Shiller PE Ratio was 45.99. The lowest was 15.06. And the median was 29.07.

FRA:FUO's Shiller PE Ratio is ranked worse than
75.48% of 518 companies
in the Business Services industry
Industry Median: 19.8 vs FRA:FUO: 34.94

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.

Dolby Laboratories's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.633. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dolby Laboratories Shiller PE Ratio Historical Data

The historical data trend for Dolby Laboratories'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.

Dolby Laboratories Shiller PE Ratio Chart

Dolby Laboratories Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.52 30.78 39.30 28.44 33.80

Dolby Laboratories 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 30.56 36.07 35.27 33.80 36.69

Competitive Comparison of Dolby Laboratories's Shiller PE Ratio

For the Specialty Business Services subindustry, Dolby Laboratories'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.


Dolby Laboratories's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dolby Laboratories's Shiller PE Ratio distribution charts can be found below:

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



Dolby Laboratories 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.

Dolby Laboratories's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=74.00/2.14
=34.58

* 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.

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

For example, Dolby Laboratories'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)
=0.633/129.4194*129.4194
=0.633

Current CPI (Dec. 2023) = 129.4194.

Dolby Laboratories Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.528 99.695 0.685
201406 0.280 100.560 0.360
201409 0.341 100.428 0.439
201412 0.324 99.070 0.423
201503 0.517 99.621 0.672
201506 0.303 100.684 0.389
201509 0.383 100.392 0.494
201512 0.275 99.792 0.357
201603 0.593 100.470 0.764
201606 0.552 101.688 0.703
201609 0.205 101.861 0.260
201612 0.483 101.863 0.614
201703 0.458 102.862 0.576
201706 0.650 103.349 0.814
201709 0.176 104.136 0.219
201712 -0.439 104.011 -0.546
201803 0.495 105.290 0.608
201806 0.026 106.317 0.032
201809 0.403 106.507 0.490
201812 0.817 105.998 0.998
201903 0.620 107.251 0.748
201906 0.336 108.070 0.402
201909 0.390 108.329 0.466
201912 0.423 108.420 0.505
202003 0.778 108.902 0.925
202006 0.586 108.767 0.697
202009 0.221 109.815 0.260
202012 1.069 109.897 1.259
202103 0.613 111.754 0.710
202106 0.432 114.631 0.488
202109 0.357 115.734 0.399
202112 0.681 117.630 0.749
202203 0.327 121.301 0.349
202206 0.369 125.017 0.382
202209 0.283 125.227 0.292
202212 0.774 125.222 0.800
202303 0.915 127.348 0.930
202306 0.157 128.729 0.158
202309 0.084 129.860 0.084
202312 0.633 129.419 0.633

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.


Dolby Laboratories  (FRA:FUO) 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.


Dolby Laboratories Shiller PE Ratio Related Terms

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


Dolby Laboratories (FRA:FUO) Business Description

Traded in Other Exchanges
Address
1275 Market Street, San Francisco, CA, USA, 94103-1410
Dolby Laboratories Inc develops audio and surround sound for cinema, broadcast, home audio systems, in-car entertainment systems, DVD players, games, televisions, and personal computers. The company generates three fourths of its revenue from licensing its technology to consumer electronics manufacturers around the world. The rest of revenue comes from equipment sales to professional producers and audio engineering services.

Dolby Laboratories (FRA:FUO) Headlines

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