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The Hershey Co (XTER:HSY) Shiller PE Ratio : 29.43 (As of Jun. 06, 2024)


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What is The Hershey Co Shiller PE Ratio?

As of today (2024-06-06), The Hershey Co's current share price is €181.90. The Hershey Co's E10 for the quarter that ended in Mar. 2024 was €6.18. The Hershey Co's Shiller PE Ratio for today is 29.43.

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

XTER:HSY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.95   Med: 37.84   Max: 46.82
Current: 29.96

During the past years, The Hershey Co's highest Shiller PE Ratio was 46.82. The lowest was 27.95. And the median was 37.84.

XTER:HSY's Shiller PE Ratio is ranked worse than
73.04% of 1083 companies
in the Consumer Packaged Goods industry
Industry Median: 18.42 vs XTER:HSY: 29.96

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.

The Hershey Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €3.579. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €6.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Hershey Co Shiller PE Ratio Historical Data

The historical data trend for The Hershey Co'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.

The Hershey Co Shiller PE Ratio Chart

The Hershey Co 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 38.68 36.24 39.54 41.06 29.76

The Hershey Co 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 43.24 41.25 32.15 29.76 29.38

Competitive Comparison of The Hershey Co's Shiller PE Ratio

For the Confectioners subindustry, The Hershey Co'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.


The Hershey Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's Shiller PE Ratio distribution charts can be found below:

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



The Hershey Co 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.

The Hershey Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=181.90/6.18
=29.43

* 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.

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

For example, The Hershey Co'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)
=3.579/131.7762*131.7762
=3.579

Current CPI (Mar. 2024) = 131.7762.

The Hershey Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.552 100.560 0.723
201409 0.776 100.428 1.018
201412 0.689 99.070 0.916
201503 1.016 99.621 1.344
201506 -0.419 100.684 -0.548
201509 0.624 100.392 0.819
201512 0.900 99.792 1.188
201603 0.952 100.470 1.249
201606 0.605 101.688 0.784
201609 0.944 101.861 1.221
201612 0.521 101.863 0.674
201703 0.542 102.862 0.694
201706 0.846 103.349 1.079
201709 1.074 104.136 1.359
201712 0.718 104.011 0.910
201803 1.338 105.290 1.675
201806 0.924 106.317 1.145
201809 1.071 106.507 1.325
201812 1.406 105.998 1.748
201903 1.283 107.251 1.576
201906 1.310 108.070 1.597
201909 1.398 108.329 1.701
201912 0.882 108.420 1.072
202003 1.167 108.902 1.412
202006 1.146 108.767 1.388
202009 1.817 109.815 2.180
202012 1.143 109.897 1.371
202103 1.596 111.754 1.882
202106 1.204 114.631 1.384
202109 1.819 115.734 2.071
202112 1.434 117.630 1.606
202203 2.334 121.301 2.536
202206 1.447 125.017 1.525
202209 1.959 125.227 2.061
202212 1.812 125.222 1.907
202303 2.662 127.348 2.755
202306 1.828 128.729 1.871
202309 2.361 129.860 2.396
202312 1.559 129.419 1.587
202403 3.579 131.776 3.579

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.


The Hershey Co  (XTER:HSY) 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.


The Hershey Co Shiller PE Ratio Related Terms

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


The Hershey Co (XTER:HSY) Business Description

Traded in Other Exchanges
Address
19 East Chocolate Avenue, Hershey, PA, USA, 17033
Hershey is a leading confectionery manufacturer in the U.S. (around a $25 billion market), controlling around 45% of the domestic chocolate space (per IRI, as cited by Hershey). Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the U.S., including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix, Pirate Brands, and Dot's Pretzels over the past few years.