Switch to:
Bio-Reference Laboratories Inc (NAS:BRLI)
Shiller P/E Ratio
25.72 (As of Today)

As of today, Bio-Reference Laboratories Inc's current share price is $35.23. Bio-Reference Laboratories Inc's E10 for the quarter that ended in Jan. 2015 was $1.37. Bio-Reference Laboratories Inc's Shiller P/E Ratio for today is 25.72.

BRLI' s 10-Year Shiller P/E Ratio Range
Min: 15.23   Max: 129.25
Current: 25.3

15.23
129.25

During the past 13 years, Bio-Reference Laboratories Inc's highest Shiller P/E Ratio was 129.25. The lowest was 15.23. And the median was 34.04.

BRLI's Shiller P/E Ratiois ranked higher than
93% of the 335 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 0.00 vs. BRLI: 25.30 )

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.

Bio-Reference Laboratories Inc's adjusted earnings per share data for the three months ended in Jan. 2015 was $0.243. 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 $1.37 for the trailing six years ended in Jan. 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.

Bio-Reference Laboratories Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=35.23/1.37
=25.72

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

Bio-Reference Laboratories Inc's E10 for the fiscal year that ended in Oct14 is calculated as:

For example, Bio-Reference Laboratories Inc's adjusted earnings per share data for the three months ended in Jan. 2015 was:

Adj_EPS=Earnigns per Share/CPI of Jan. 2015*CPI of Current
=0.24/233.707*236.818
=0.243

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

Current CPI = 236.818.

Bio-Reference Laboratories Inc Quarterly Data

201210201301201304201307201310201401201404201407201410201501
per share eps 0.4620.3100.4100.5300.4000.1100.3700.5500.6560.240
CPI 231.317230.280232.531233.596233.546233.916237.072238.250237.433233.707
Adj_EPS 0.4730.3190.4180.5370.4060.1110.3700.5470.6540.243
201004201007201010201101201104201107201110201201201204201207
per share eps 0.2100.2900.3080.2800.2800.3600.3680.2600.3300.450
CPI 218.009218.011218.711220.223224.906225.922226.421226.665230.085229.104
Adj_EPS 0.2280.3150.3330.3010.2950.3770.3850.2720.3400.465
200904200907200910201001
per share eps 0.1700.2300.2570.140
CPI 213.240215.351216.177216.687
Adj_EPS 0.1890.2530.2820.153

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.

Bio-Reference Laboratories Inc Annual Data

Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14
ShillerPE 45.3442.0645.2929.1932.1435.7325.4628.4827.8121.97

Bio-Reference Laboratories Inc Quarterly Data

Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15
ShillerPE 28.4827.3923.8323.6727.8123.0020.6324.2921.9724.48
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK