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Skechers USA (FRA:SKAA) Shiller PE Ratio : 28.76 (As of May. 04, 2024)


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What is Skechers USA Shiller PE Ratio?

As of today (2024-05-04), Skechers USA's current share price is €61.54. Skechers USA's E10 for the quarter that ended in Dec. 2023 was €2.14. Skechers USA's Shiller PE Ratio for today is 28.76.

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

FRA:SKAA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.27   Med: 35.07   Max: 102.6
Current: 28.39

During the past years, Skechers USA's highest Shiller PE Ratio was 102.60. The lowest was 16.27. And the median was 35.07.

FRA:SKAA's Shiller PE Ratio is ranked worse than
66.51% of 627 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.59 vs FRA:SKAA: 28.39

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.

Skechers USA's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.514. 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


Skechers USA Shiller PE Ratio Historical Data

The historical data trend for Skechers USA'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.

Skechers USA Shiller PE Ratio Chart

Skechers USA 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 40.12 34.44 26.24 21.05 26.38

Skechers USA 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 22.38 23.53 21.03 26.38 -

Competitive Comparison of Skechers USA's Shiller PE Ratio

For the Footwear & Accessories subindustry, Skechers USA'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.


Skechers USA's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Skechers USA's Shiller PE Ratio distribution charts can be found below:

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



Skechers USA 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.

Skechers USA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=61.54/2.14
=28.76

* 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.

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

For example, Skechers USA'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)
=0.514/129.4194*129.4194
=0.514

Current CPI (Dec. 2023) = 129.4194.

Skechers USA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.147 99.695 0.191
201406 0.167 100.560 0.215
201409 0.256 100.428 0.330
201412 0.116 99.070 0.152
201503 0.342 99.621 0.444
201506 0.463 100.684 0.595
201509 0.383 100.392 0.494
201512 0.174 99.792 0.226
201603 0.566 100.470 0.729
201606 0.427 101.688 0.543
201609 0.374 101.861 0.475
201612 0.038 101.863 0.048
201703 0.561 102.862 0.706
201706 0.338 103.349 0.423
201709 0.495 104.136 0.615
201712 -0.363 104.011 -0.452
201803 0.608 105.290 0.747
201806 0.248 106.317 0.302
201809 0.497 106.507 0.604
201812 0.272 105.998 0.332
201903 0.628 107.251 0.758
201906 0.434 108.070 0.520
201909 0.608 108.329 0.726
201912 0.351 108.420 0.419
202003 0.290 108.902 0.345
202006 -0.391 108.767 -0.465
202009 0.348 109.815 0.410
202012 0.279 109.897 0.329
202103 0.529 111.754 0.613
202106 0.730 114.631 0.824
202109 0.561 115.734 0.627
202112 2.266 117.630 2.493
202203 0.699 121.301 0.746
202206 0.549 125.017 0.568
202209 0.556 125.227 0.575
202212 0.453 125.222 0.468
202303 0.953 127.348 0.969
202306 0.905 128.729 0.910
202309 0.871 129.860 0.868
202312 0.514 129.419 0.514

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.


Skechers USA  (FRA:SKAA) 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.


Skechers USA Shiller PE Ratio Related Terms

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Skechers USA (FRA:SKAA) Business Description

Traded in Other Exchanges
Address
228 Manhattan Beach Boulevard, Manhattan Beach, CA, USA, 90266
Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments include Wholesale, and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.

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