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Sothebys (NYSE:BID)
Shiller P/E Ratio
21.44 (As of Today)

As of today, Sothebys's current share price is $36.44. Sothebys's E10 for the quarter that ended in Jun. 2016 was $1.70. Sothebys's Shiller P/E Ratio for today is 21.44.

BID' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 12.06   Max: 670.67
Current: 21.48


During the past 13 years, Sothebys's highest Shiller P/E Ratio was 670.67. The lowest was 12.06. And the median was 31.26.

BID's Shiller P/E Ratio is ranked lower than
52% of the 241 Companies
in the Global Specialty Retail industry.

( Industry Median: 20.66 vs. BID: 21.48 )

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.

Sothebys's adjusted earnings per share data for the three months ended in Jun. 2016 was $1.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.70 for the trailing ten years ended in Jun. 2016.


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.

Sothebys's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10

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

Sothebys's E10 for the fiscal year that ended in Dec15 is calculated as:

For example, Sothebys's adjusted earnings per share data for the three months ended in Jun. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)

Current CPI (Jun. 2016) = 241.038.

Sothebys Quarterly Data

per share eps -0.0901.110-0.4001.0700.0700.960-0.260-0.160-0.4101.520
CPI 236.293238.343238.031234.812236.119238.638237.945236.525238.132241.038
Adj_EPS -0.0921.123-0.4051.0980.0710.970-0.263-0.163-0.4151.520
per share eps -0.4401.030-0.1601.240-0.4800.960-0.3301.330-0.4401.310
CPI 226.889225.672229.392229.478231.407229.601232.773233.504234.149233.049
Adj_EPS -0.4671.100-0.1681.302-0.5001.008-0.3421.373-0.4531.355
per share eps -0.5300.180-0.8901.130-0.0301.260-0.2901.4000.0301.810
CPI 212.709215.693215.969215.949217.631217.965218.439219.179223.467225.722
Adj_EPS -0.6010.201-0.9931.261-0.0331.393-0.3201.5400.0321.933
per share eps -0.5001.1200.3701.640-0.3301.560-0.1901.460-0.710-0.180
CPI 202.900201.800205.352208.352208.490210.036213.528218.815218.783210.228
Adj_EPS -0.5941.3380.4341.897-0.3821.790-0.2141.608-0.782-0.206

Add all the adjusted EPS together and divide 10 will get our E10.


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.

Sothebys Annual Data

ShillerPE 511.78129.0938.84145.5055.3924.3022.9030.8025.0515.32

Sothebys Quarterly Data

ShillerPE 26.2324.6720.7625.0523.9225.1517.6315.3216.0516.15
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