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Adept Technology Inc (NAS:ADEP)
Shiller P/E Ratio
(As of Today)

As of today, Adept Technology Inc's current share price is $7.04. Adept Technology Inc's E10 for the quarter that ended in Jun. 2015 was $-0.48. Adept Technology Inc's Shiller P/E Ratio for today is .

ADEP' s 10-Year Shiller P/E Ratio Range
Min: -5.4   Max: 21.21
Current: 0

-5.4
21.21

During the past 13 years, Adept Technology Inc's highest Shiller P/E Ratio was 21.21. The lowest was -5.40. And the median was 11.44.

ADEP's Shiller P/E Ratiois ranked lower than
253% of the 842 Companies
in the Global Diversified Industrials industry.

( Industry Median: 21.02 vs. ADEP: 0.00 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Adept Technology Inc's adjusted earnings per share data for the three months ended in Jun. 2015 was $-0.104. Since most companies do not have as long as 10 years history, here we use 6 years to calculate. Add all the adjusted EPS for the past 6 years together and divide 6 will get our E10, which is $-0.48 for the trailing six years ended in Jun. 2015.


Definition

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Adept Technology Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=7.04/-0.48
=

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Adept Technology Inc's E10 for the fiscal year that ended in Jun15 is calculated as:

For example, Adept Technology Inc's adjusted earnings per share data for the three months ended in Jun. 2015 was:

Adj_EPS=Earnigns per Share/CPI of Jun. 2015*CPI of Current
=-0.104/238.638*238.666
=-0.104

Since most companies do not have as long as 10 years history, GuruFocus uses 6 years to do the calculation.

Current CPI = 238.666.

Adept Technology Inc Quarterly Data

201303201306201309201312201403201406201409201412201503201506
per share eps -0.170-0.010-0.0500.010-0.001-0.0280.010-0.180-0.100-0.104
CPI 232.773233.504234.149233.049236.293238.343238.031234.812236.119238.638
Adj_EPS -0.174-0.010-0.0510.010-0.001-0.0280.010-0.183-0.101-0.104
201009201012201103201106201109201112201203201206201209201212
per share eps -0.120-0.200-0.370-0.076-0.070-0.130-0.160-0.038-0.290-0.500
CPI 218.439219.179223.467225.722226.889225.672229.392229.478231.407229.601
Adj_EPS -0.131-0.218-0.395-0.080-0.074-0.137-0.166-0.040-0.299-0.520
200909200912201003201006
per share eps -0.010-0.2100.070-0.022
CPI 215.969215.949217.631217.965
Adj_EPS -0.011-0.2320.077-0.024

Add all the adjusted EPS together and divide 6 will get our E10.


Explanation

Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E 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 P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.


Be Aware

The Shiller P/E 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, the Shiller P/E and P/S ratio will give false valuations.


Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Adept Technology Inc Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
ShillerPE -1.38-0.93-3.69-3.51-10.16-6.27-6.130.000.000.00

Adept Technology Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ShillerPE 0.000.000.000.000.000.000.000.000.000.00
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