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BSET (Bassett Furniture Industries) Shiller PE Ratio : 9.68 (As of Oct. 08, 2024)


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What is Bassett Furniture Industries Shiller PE Ratio?

As of today (2024-10-08), Bassett Furniture Industries's current share price is $14.425. Bassett Furniture Industries's E10 for the quarter that ended in May. 2024 was $1.49. Bassett Furniture Industries's Shiller PE Ratio for today is 9.68.

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

BSET' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.84   Med: 15.23   Max: 97.11
Current: 9.75

During the past years, Bassett Furniture Industries's highest Shiller PE Ratio was 97.11. The lowest was 2.84. And the median was 15.23.

BSET's Shiller PE Ratio is ranked better than
80.58% of 242 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 18.92 vs BSET: 9.75

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.

Bassett Furniture Industries's adjusted earnings per share data for the three months ended in May. 2024 was $-0.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.49 for the trailing ten years ended in May. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bassett Furniture Industries Shiller PE Ratio Historical Data

The historical data trend for Bassett Furniture Industries'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.

Bassett Furniture Industries Shiller PE Ratio Chart

Bassett Furniture Industries Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.90 10.69 13.02 11.57 10.36

Bassett Furniture Industries Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 8.03 9.18 10.36 9.77 10.06

Competitive Comparison of Bassett Furniture Industries's Shiller PE Ratio

For the Furnishings, Fixtures & Appliances subindustry, Bassett Furniture Industries'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.


Bassett Furniture Industries's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bassett Furniture Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bassett Furniture Industries's Shiller PE Ratio falls into.



Bassett Furniture Industries 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.

Bassett Furniture Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.425/1.49
=9.68

* 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.

Bassett Furniture Industries's E10 for the quarter that ended in May. 2024 is calculated as:

For example, Bassett Furniture Industries's adjusted earnings per share data for the three months ended in May. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=-0.82/132.5091*132.5091
=-0.820

Current CPI (May. 2024) = 132.5091.

Bassett Furniture Industries Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201408 0.210 100.352 0.277
201411 0.350 99.635 0.465
201502 0.560 99.032 0.749
201505 0.420 100.333 0.555
201508 0.390 100.548 0.514
201511 0.520 100.135 0.688
201602 0.300 100.040 0.397
201605 0.310 101.355 0.405
201608 0.380 101.617 0.496
201611 0.470 101.829 0.612
201702 0.270 102.779 0.348
201705 0.540 103.256 0.693
201708 0.430 103.587 0.550
201711 0.460 104.072 0.586
201802 -0.090 105.052 -0.114
201805 0.400 106.148 0.499
201808 0.280 106.383 0.349
201811 0.180 106.338 0.224
201902 0.060 106.649 0.075
201905 0.040 108.048 0.049
201908 0.210 108.245 0.257
201911 -0.510 108.519 -0.623
202002 0.120 109.139 0.146
202005 -2.040 108.175 -2.499
202008 0.220 109.662 0.266
202011 0.650 109.793 0.784
202102 0.400 110.968 0.478
202105 0.600 113.576 0.700
202108 0.310 115.421 0.356
202111 0.520 117.269 0.588
202202 0.570 119.703 0.631
202205 4.940 123.323 5.308
202208 0.820 124.958 0.870
202211 0.550 125.607 0.580
202302 0.160 126.928 0.167
202305 0.240 128.314 0.248
202308 -0.300 129.538 -0.307
202311 -0.470 129.548 -0.481
202402 -0.140 130.930 -0.142
202405 -0.820 132.509 -0.820

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.


Bassett Furniture Industries  (NAS:BSET) 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.


Bassett Furniture Industries Shiller PE Ratio Related Terms

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


Bassett Furniture Industries Business Description

Traded in Other Exchanges
N/A
Address
3525 Fairystone Park Highway, P.O. Box 626, Bassett, VA, USA, 24055
Bassett Furniture Industries Inc is a manufacturer, marketer, and retailer of home furnishings products in the United States. It operates through the following segments: The Wholesale segment focuses on the design, manufacture, sourcing, sale, and distribution of furniture products, the Retail segment which consists of company-owned stores, and the Corporate and others segment.
Executives
Spilman Robert H Jr director, officer: Pres & Chief Executive Officer C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
John R Belk director BELK INC, 2801 WEST TYVOLA ROAD, CHARLOTTE NC 28217-4500
John Michael Daniel officer: V P, Chief Accounting Officer P O BOX 626, 3525 FAIRYSTONE PARK HWY, BASSETT VA 24055
John Walter Mcdowell director 2826 LAZY LANE, WINSTON SALEM NC 27106
Warden William C Jr director PO BOX 2328, HICKORY NC 28603-2328
David C Baker officer: SVP, Corporate Retail 1012 SHERATON, COURT, MARTINSVILLE VA 24112
Emma S. Battle director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Virginia W. Hamlet director P.O. BOX 626, BASSETT VA 24055
Wampler William C Jr director 510 CUMBERLAND STREET, BRISTOL VA 24201-4387
Bassett John E Iii officer: vice President Global Sourcing C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
Stefanie Jane Lucas officer: SVP, Chief Merchandising Offic P.O. BOX 626, BASSETT VA 24055
Kara Ann Kelchner-strong officer: SVP, Customer Experience Offic P.O. BOX 626, BASSETT VA 24055
Mark S Jordan officer: Vice President Upholstery BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
Jay R Hervey officer: Vice Pres Sec & Gen Counsel
Bruce Cohenour officer: SR VP/SALES & MERCHANDISING HOOKER FURNITURE CORPORATION, 440 EAST COMMONWEALTH BLVD, MARTINSVILLE VA 24112

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