Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Kimberly-Clark Corp. (NYSE:KMB)

Common Stock Valuation Ratios (Price Multiples)

Beginner level

Current Valuation Ratios

Kimberly-Clark Corp., current price multiples

Microsoft Excel LibreOffice Calc
Kimberly-Clark Corp. Colgate-Palmolive Co. Estée Lauder Cos. Inc. Nike Inc. Personal Goods Consumer Goods
Selected Financial Data
Current share price (P) $146.34
No. shares of common stock outstanding 341,047,156
Growth rate (g) 51.64%
 
Earnings per share (EPS) $6.32
Next year expected EPS $9.59
Operating profit per share $8.77
Sales per share $54.10
Book value per share (BVPS) $-0.10
Valuation Ratios (Price Multiples)
Price to earnings (P/E) 23.14 27.61 113.29 77.63 37.71 34.50
Price to next year expected earnings 15.26 3.62 97.39 66.24 29.64 32.51
Price-earnings-growth (PEG) 0.45 0.04 6.94 4.52 1.38 5.63
Price to operating profit (P/OP) 16.69 18.39 127.88 63.27 28.60 21.74
Price to sales (P/S) 2.71 4.16 5.42 5.27 4.42 3.56

Based on: 10-K (filing date: 2020-02-13).

If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.


Historical Valuation Ratios (Summary)

Kimberly-Clark Corp., historical price multiples

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Price to earnings (P/E) 22.94 27.69 17.20 20.22 45.04
Price to operating profit (P/OP) 16.54 17.52 11.87 13.20 28.29
Price to sales (P/S) 2.68 2.11 2.15 2.41 2.45
Price to book value (P/BV) 62.27

Based on: 10-K (filing date: 2020-02-13), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-08), 10-K (filing date: 2017-02-08), 10-K (filing date: 2016-02-11).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Kimberly-Clark Corp.’s P/E ratio increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Kimberly-Clark Corp.’s P/OP ratio increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Kimberly-Clark Corp.’s P/S ratio decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company’s required rate of return and its actual rate of return.

Price to Earnings (P/E)

Kimberly-Clark Corp., historical P/E calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
No. shares of common stock outstanding1 341,795,666 344,431,630 350,706,285 356,274,872 360,899,707
Selected Financial Data (US$)
Net income attributable to Kimberly-Clark Corporation (in millions) 2,157  1,410  2,278  2,166  1,013 
Earnings per share (EPS)2 6.31 4.09 6.50 6.08 2.81
Share price1, 3 144.74 113.36 111.69 122.93 126.42
Valuation Ratio
P/E ratio4 22.94 27.69 17.20 20.22 45.04
Benchmarks
P/E Ratio, Competitors5
Colgate-Palmolive Co. 27.55 23.95 30.80 26.92 43.36
Estée Lauder Cos. Inc. 39.84 44.93 31.37 29.69 28.14
Nike Inc. 33.72 63.89 22.90 25.43 29.79
P/E Ratio, Sector
Personal Goods 31.11 39.38 24.29 25.12 34.59
P/E Ratio, Industry
Consumer Goods 33.16 26.27 21.23 22.04 26.18

Based on: 10-K (filing date: 2020-02-13), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-08), 10-K (filing date: 2017-02-08), 10-K (filing date: 2016-02-11).

1 Data adjusted for splits and stock dividends.

2 2019 Calculation
EPS = Net income attributable to Kimberly-Clark Corporation ÷ No. shares of common stock outstanding
= 2,157,000,000 ÷ 341,795,666 = 6.31

3 Closing price as at the filing date of Kimberly-Clark Corp.’s Annual Report.

4 2019 Calculation
P/E ratio = Share price ÷ EPS
= 144.74 ÷ 6.31 = 22.94

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Kimberly-Clark Corp.’s P/E ratio increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.

Price to Operating Profit (P/OP)

Kimberly-Clark Corp., historical P/OP calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
No. shares of common stock outstanding1 341,795,666 344,431,630 350,706,285 356,274,872 360,899,707
Selected Financial Data (US$)
Operating profit (in millions) 2,991  2,229  3,299  3,317  1,613 
Operating profit per share2 8.75 6.47 9.41 9.31 4.47
Share price1, 3 144.74 113.36 111.69 122.93 126.42
Valuation Ratio
P/OP ratio4 16.54 17.52 11.87 13.20 28.29
Benchmarks
P/OP Ratio, Competitors5
Colgate-Palmolive Co. 18.35 15.56 17.37 17.13 21.52
Estée Lauder Cos. Inc. 30.75 24.26 23.16 20.55 19.08
Nike Inc. 28.47 27.78 20.45 21.24 23.36
P/OP Ratio, Sector
Personal Goods 23.60 21.72 17.84 17.96 22.96
P/OP Ratio, Industry
Consumer Goods 20.90 19.60 16.73 17.64 17.11

Based on: 10-K (filing date: 2020-02-13), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-08), 10-K (filing date: 2017-02-08), 10-K (filing date: 2016-02-11).

1 Data adjusted for splits and stock dividends.

2 2019 Calculation
Operating profit per share = Operating profit ÷ No. shares of common stock outstanding
= 2,991,000,000 ÷ 341,795,666 = 8.75

3 Closing price as at the filing date of Kimberly-Clark Corp.’s Annual Report.

4 2019 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 144.74 ÷ 8.75 = 16.54

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Kimberly-Clark Corp.’s P/OP ratio increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.

Price to Sales (P/S)

Kimberly-Clark Corp., historical P/S calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
No. shares of common stock outstanding1 341,795,666 344,431,630 350,706,285 356,274,872 360,899,707
Selected Financial Data (US$)
Net sales (in millions) 18,450  18,486  18,259  18,202  18,591 
Sales per share2 53.98 53.67 52.06 51.09 51.51
Share price1, 3 144.74 113.36 111.69 122.93 126.42
Valuation Ratio
P/S ratio4 2.68 2.11 2.15 2.41 2.45
Benchmarks
P/S Ratio, Competitors5
Colgate-Palmolive Co. 4.16 3.70 4.03 4.33 3.74
Estée Lauder Cos. Inc. 4.79 3.64 3.31 2.94 2.84
Nike Inc. 3.47 3.39 2.83 2.95 3.19
P/S Ratio, Sector
Personal Goods 3.65 3.21 2.98 3.09 3.08
P/S Ratio, Industry
Consumer Goods 3.42 2.88 3.21 3.24 2.95

Based on: 10-K (filing date: 2020-02-13), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-08), 10-K (filing date: 2017-02-08), 10-K (filing date: 2016-02-11).

1 Data adjusted for splits and stock dividends.

2 2019 Calculation
Sales per share = Net sales ÷ No. shares of common stock outstanding
= 18,450,000,000 ÷ 341,795,666 = 53.98

3 Closing price as at the filing date of Kimberly-Clark Corp.’s Annual Report.

4 2019 Calculation
P/S ratio = Share price ÷ Sales per share
= 144.74 ÷ 53.98 = 2.68

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Kimberly-Clark Corp.’s P/S ratio decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.

Price to Book Value (P/BV)

Kimberly-Clark Corp., historical P/BV calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
No. shares of common stock outstanding1 341,795,666 344,431,630 350,706,285 356,274,872 360,899,707
Selected Financial Data (US$)
Total Kimberly-Clark Corporation stockholders’ equity (in millions) (33) (287) 629  (102) (174)
Book value per share (BVPS)2 -0.10 -0.83 1.79 -0.29 -0.48
Share price1, 3 144.74 113.36 111.69 122.93 126.42
Valuation Ratio
P/BV ratio4 62.27
Benchmarks
P/BV Ratio, Competitors5
Colgate-Palmolive Co. 557.38
Estée Lauder Cos. Inc. 16.22 10.62 8.94 9.27 8.41
Nike Inc. 15.03 12.59 7.83 7.80 7.67
P/BV Ratio, Sector
Personal Goods 23.81 19.12 13.70 15.38 14.72
P/BV Ratio, Industry
Consumer Goods 7.96 6.28 6.35 6.64 6.09

Based on: 10-K (filing date: 2020-02-13), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-08), 10-K (filing date: 2017-02-08), 10-K (filing date: 2016-02-11).

1 Data adjusted for splits and stock dividends.

2 2019 Calculation
BVPS = Total Kimberly-Clark Corporation stockholders’ equity ÷ No. shares of common stock outstanding
= -33,000,000 ÷ 341,795,666 = -0.10

3 Closing price as at the filing date of Kimberly-Clark Corp.’s Annual Report.

4 2019 Calculation
P/BV ratio = Share price ÷ BVPS
= 144.74 ÷ -0.10 =

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company’s required rate of return and its actual rate of return.