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Daktronics Inc (NAS:DAKT)
Shiller PE Ratio
23.71 (As of Today)

As of today, Daktronics Inc's current share price is $9.72. Daktronics Inc's E10 for the quarter that ended in Oct. 2016 was $0.41. Daktronics Inc's Shiller P/E Ratio for today is 23.71.

DAKT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.16   Max: 86.19
Current: 25.95

14.16
86.19

During the past 13 years, Daktronics Inc's highest Shiller P/E Ratio was 86.19. The lowest was 14.16. And the median was 23.36.

DAKT's Shiller PE Ratio is ranked higher than
63% of the 342 Companies
in the Global Computer Systems industry.

( Industry Median: 32.71 vs. DAKT: 25.95 )

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.

Daktronics Inc's adjusted earnings per share data for the three months ended in Oct. 2016 was $0.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.41 for the trailing ten years ended in Oct. 2016.


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.

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

Shiller P/E Ratio=Share Price/E10
=9.72/0.41
=23.71

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Daktronics Inc's E10 for the fiscal year that ended in Apr16 is calculated as:

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

Adj_EPS=Earnigns per Share/CPI of Oct. 2016 (Change)*Current CPI (Oct. 2016)
=0.2/241.729*241.729
=0.200

Current CPI (Oct. 2016) = 241.729.

Daktronics Inc Quarterly Data

201410201501201504201507201510201601201604201607201610201701
per share eps 0.1800.0100.0800.0900.070-0.040-0.0600.1300.200-0.120
CPI 237.433233.707236.599238.654237.838236.916239.261240.628241.729241.471
Adj_EPS 0.1830.0100.0820.0910.071-0.041-0.0610.1310.200-0.120
201204201207201210201301201304201307201310201401201404201407
per share eps -0.0200.1600.2700.0600.0400.1300.2700.0700.0400.200
CPI 230.085229.104231.317230.280232.531233.596233.546233.916237.072238.250
Adj_EPS -0.0210.1690.2820.0630.0420.1350.2790.0720.0410.203
200910201001201004201007201010201101201104201107201110201201
per share eps 0.120-0.200-0.1200.0600.1700.0400.0700.0800.0900.040
CPI 216.177216.687218.009218.011218.711220.223224.906225.922226.421226.665
Adj_EPS 0.134-0.223-0.1330.0670.1880.0440.0750.0860.0960.043
200704200707200710200801200804200807200810200901200904200907
per share eps 0.0800.1700.1900.1300.1300.2400.3000.1000.0100.030
CPI 206.686208.299208.936211.080214.823219.964216.573211.143213.240215.351
Adj_EPS 0.0940.1970.2200.1490.1460.2640.3350.1140.0110.034

Add all the adjusted EPS together and divide 10 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 local exchange's currency.

Daktronics Inc Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
ShillerPE 68.6737.2520.4520.3824.8818.3721.7328.1023.2421.20

Daktronics Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
ShillerPE 28.3627.0123.2424.7521.6118.5521.2015.6620.5227.12
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