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Primo Water (TSX:PRMW) Shiller PE Ratio : 63.22 (As of May. 16, 2024)


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What is Primo Water Shiller PE Ratio?

As of today (2024-05-16), Primo Water's current share price is C$29.08. Primo Water's E10 for the quarter that ended in Mar. 2024 was C$0.46. Primo Water's Shiller PE Ratio for today is 63.22.

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

TSX:PRMW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.18   Med: 64.48   Max: 1268
Current: 63.45

During the past years, Primo Water's highest Shiller PE Ratio was 1268.00. The lowest was 24.18. And the median was 64.48.

TSX:PRMW's Shiller PE Ratio is ranked worse than
98.41% of 63 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 19.54 vs TSX:PRMW: 63.45

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.

Primo Water's adjusted earnings per share data for the three months ended in Mar. 2024 was C$0.217. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primo Water Shiller PE Ratio Historical Data

The historical data trend for Primo Water'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.

Primo Water Shiller PE Ratio Chart

Primo Water 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 35.96 65.95 83.27 84.42 46.53

Primo Water 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 82.43 66.46 71.33 46.53 54.05

Competitive Comparison of Primo Water's Shiller PE Ratio

For the Beverages - Non-Alcoholic subindustry, Primo Water'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.


Primo Water's Shiller PE Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Primo Water's Shiller PE Ratio distribution charts can be found below:

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



Primo Water 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.

Primo Water's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=29.08/0.46
=63.22

* 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.

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

For example, Primo Water'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)
=0.217/125.4675*125.4675
=0.217

Current CPI (Mar. 2024) = 125.4675.

Primo Water Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.065 99.473 -0.082
201409 0.011 99.394 0.014
201412 0.219 98.367 0.279
201503 -0.076 99.789 -0.096
201506 0.025 100.500 0.031
201509 0.053 100.421 0.066
201512 -0.055 99.947 -0.069
201603 -0.026 101.054 -0.032
201606 0.077 102.002 0.095
201609 -0.026 101.765 -0.032
201612 -0.747 101.449 -0.924
201703 -0.348 102.634 -0.425
201706 -0.239 103.029 -0.291
201709 0.368 103.345 0.447
201712 0.153 103.345 0.186
201803 3.285 105.004 3.925
201806 0.105 105.557 0.125
201809 0.091 105.636 0.108
201812 0.013 105.399 0.015
201903 -0.187 106.979 -0.219
201906 0.040 107.690 0.047
201909 0.093 107.611 0.108
201912 0.079 107.769 0.092
202003 0.028 107.927 0.033
202006 -1.152 108.401 -1.333
202009 0.185 108.164 0.215
202012 -0.167 108.559 -0.193
202103 -0.075 110.298 -0.085
202106 -0.061 111.720 -0.069
202109 0.139 112.905 0.154
202112 -0.026 113.774 -0.029
202203 -0.051 117.646 -0.054
202206 -0.179 120.806 -0.186
202209 0.013 120.648 0.014
202212 0.489 120.964 0.507
202303 0.055 122.702 0.056
202306 0.173 124.203 0.175
202309 0.284 125.230 0.285
202312 1.489 125.468 1.489
202403 0.217 125.468 0.217

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.


Primo Water  (TSX:PRMW) 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.


Primo Water Shiller PE Ratio Related Terms

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Primo Water (TSX:PRMW) Business Description

Traded in Other Exchanges
Address
1200 Britannia Road East, Mississauga, ON, CAN, L4W 4T5
Primo Water is a pure-play water provider with a variety of products and services, including water delivery, exchange, refill/filtration, and water dispensers in 21 countries, mostly in North America and Europe. The firm usually initiates the customer relationship with the sale of water dispensers, and then generates recurring revenue via the water direct and exchange services (two thirds of total sales) by delivering large-format (typically three gallons or greater) water bottles to residential and commercial customers for use atop or inside the dispensers. Primo generates 75% of revenue and all its profits in North America, while its European operation has yet to turn a profit.