Switch to:
Fortress Investment Group LLC (NYSE:FIG)
Shiller P/E Ratio
0.00 (As of Today)

As of today, Fortress Investment Group LLC's current share price is $7.41. Fortress Investment Group LLC's E10 for the quarter that ended in Dec. 2013 was $-1.74. Fortress Investment Group LLC's Shiller P/E Ratio for today is 0.00.

FIG' s 10-Year Shiller P/E Ratio Range
Min: 0   Max: 4.74
Current: 0

0
4.74

During the past 13 years, Fortress Investment Group LLC's highest Shiller P/E Ratio was 4.74. The lowest was 0.00. And the median was 3.52.

FIG's Shiller P/E Ratiois ranked lower than
177% of the 629 Companies
in the Global Asset Management industry.

( Industry Median: 19.00 vs. FIG: 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.

Fortress Investment Group LLC's adjusted earnings per share data for the three months ended in Dec. 2013 was $0.293. 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 $-1.74 for the trailing six years ended in Dec. 2013.


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.

Fortress Investment Group LLC's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=7.41/-1.74
=

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

Fortress Investment Group LLC's E10 for the fiscal year that ended in Dec13 is calculated as:

For example, Fortress Investment Group LLC's adjusted earnings per share data for the three months ended in Dec. 2013 was:

Adj_EPS=Earnigns per Share/CPI of Dec. 2013*CPI of Current
=0.289/233.049*236.511
=0.293

Since most companies do not have as long as 10 years history, here we use 6 years to calculate:

Current CPI = 236.511.

Fortress Investment Group LLC Quarterly Data

201109201112201203201206201209201212201303201306201309201312
per share eps -0.760-0.480-0.160-0.120-0.0400.1870.050-0.0100.1200.289
CPI 226.889225.672229.392229.478231.407229.601232.773233.504234.149233.049
Adj_EPS -0.792-0.503-0.165-0.124-0.0410.1930.051-0.0100.1210.293
200903200906200909200912201003201006201009201012201103201106
per share eps -0.710-0.410-0.430-0.573-0.580-0.570-0.620-0.079-0.580-0.560
CPI 212.709215.693215.969215.949217.631217.965218.439219.179223.467225.722
Adj_EPS -0.789-0.450-0.471-0.628-0.630-0.618-0.671-0.085-0.614-0.587
200803200806200809200812
per share eps -0.740-0.670-0.660-1.530
CPI 213.528218.815218.783210.228
Adj_EPS -0.820-0.724-0.713-1.721

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.

Fortress Investment Group LLC Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ShillerPE 0.000.000.000.000.000.000.000.000.000.00

Fortress Investment Group LLC Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ShillerPE 0.000.000.000.000.000.000.000.000.000.00
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)
Free 7-day Trial
FEEDBACK
Hide