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Kelly Services (FRA:KYSA) Shiller PE Ratio : 14.78 (As of May. 25, 2024)


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What is Kelly Services Shiller PE Ratio?

As of today (2024-05-25), Kelly Services's current share price is €20.40. Kelly Services's E10 for the quarter that ended in Mar. 2024 was €1.38. Kelly Services's Shiller PE Ratio for today is 14.78.

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

FRA:KYSA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.1   Med: 27.01   Max: 50.58
Current: 14.63

During the past years, Kelly Services's highest Shiller PE Ratio was 50.58. The lowest was 7.10. And the median was 27.01.

FRA:KYSA's Shiller PE Ratio is ranked better than
64.58% of 528 companies
in the Business Services industry
Industry Median: 19.675 vs FRA:KYSA: 14.63

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.

Kelly Services's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.644. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kelly Services Shiller PE Ratio Historical Data

The historical data trend for Kelly Services'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.

Kelly Services Shiller PE Ratio Chart

Kelly Services 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 13.49 14.43 9.78 11.35 15.07

Kelly Services 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 11.07 11.73 12.39 15.07 16.45

Competitive Comparison of Kelly Services's Shiller PE Ratio

For the Staffing & Employment Services subindustry, Kelly Services'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.


Kelly Services's Shiller PE Ratio Distribution in the Business Services Industry

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

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



Kelly Services 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.

Kelly Services's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=20.40/1.38
=14.78

* 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.

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

For example, Kelly Services'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)
=0.644/131.7762*131.7762
=0.644

Current CPI (Mar. 2024) = 131.7762.

Kelly Services Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.052 100.560 0.068
201409 0.023 100.428 0.030
201412 0.357 99.070 0.475
201503 0.092 99.621 0.122
201506 0.160 100.684 0.209
201509 0.205 100.392 0.269
201512 0.808 99.792 1.067
201603 0.260 100.470 0.341
201606 0.205 101.688 0.266
201609 1.835 101.861 2.374
201612 0.521 101.863 0.674
201703 0.290 102.862 0.372
201706 0.418 103.349 0.533
201709 0.487 104.136 0.616
201712 0.380 104.011 0.481
201803 0.600 105.290 0.751
201806 -0.342 106.317 -0.424
201809 0.720 106.507 0.891
201812 -0.545 105.998 -0.678
201903 0.496 107.251 0.609
201906 1.876 108.070 2.288
201909 -0.245 108.329 -0.298
201912 0.387 108.420 0.470
202003 -3.539 108.902 -4.282
202006 0.924 108.767 1.119
202009 0.357 109.815 0.428
202012 0.485 109.897 0.582
202103 0.538 111.754 0.634
202106 0.498 114.631 0.572
202109 0.740 115.734 0.843
202112 1.593 117.630 1.785
202203 -1.117 121.301 -1.213
202206 0.057 125.017 0.060
202209 -0.434 125.227 -0.457
202212 -0.019 125.222 -0.020
202303 0.271 127.348 0.280
202306 0.185 128.729 0.189
202309 0.169 129.860 0.171
202312 0.284 129.419 0.289
202403 0.644 131.776 0.644

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.


Kelly Services  (FRA:KYSA) 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.


Kelly Services Shiller PE Ratio Related Terms

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


Kelly Services (FRA:KYSA) Business Description

Traded in Other Exchanges
Address
999 West Big Beaver Road, Troy, MI, USA, 48084
Kelly Services Inc is a provider of workforce solutions and consulting and staffing services. The company's operations are divided into five business segments namely Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International. Other than OCG, each segment delivers talent through staffing services, permanent placement or outcome-based services. OCG segment delivers talent solutions including managed service provider, payroll process outsourcing, recruitment process outsourcing, and talent advisory services. International also delivers RPO talent solutions within its local markets. Majority of revenue is derived from Professional & Industrial.

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