Switch to:
H&R Block Inc (NYSE:HRB)
Shiller P/E Ratio
24.58 (As of Today)

As of today, H&R Block Inc's current share price is $22.86. H&R Block Inc's E10 for the quarter that ended in Jul. 2016 was $0.93. H&R Block Inc's Shiller P/E Ratio for today is 24.58.

HRB' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 10.89   Max: 41.4
Current: 24.57

10.89
41.4

During the past 13 years, H&R Block Inc's highest Shiller P/E Ratio was 41.40. The lowest was 10.89. And the median was 22.81.

HRB's Shiller P/E Ratio is ranked higher than
71% of the 14 Companies
in the Global Personal Services industry.

( Industry Median: 37.27 vs. HRB: 24.57 )

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.

H&R Block Inc's adjusted earnings per share data for the three months ended in Jul. 2016 was $-0.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.93 for the trailing ten years ended in Jul. 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.

H&R Block Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=22.86/0.93
=24.58

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

H&R Block Inc's E10 for the fiscal year that ended in Apr16 is calculated as:

For example, H&R Block Inc's adjusted earnings per share data for the three months ended in Jul. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Jul. 2016 (Change)*Current CPI (Jul. 2016)
=-0.56/240.647*240.647
=-0.560

Current CPI (Jul. 2016) = 240.647.

H&R Block Inc Quarterly Data

201404201407201410201501201504201507201510201601201604201607
per share eps 3.309-0.420-0.410-0.1302.680-0.360-0.550-0.3502.760-0.560
CPI 237.072238.250237.433233.707236.599238.654237.838236.916239.261240.647
Adj_EPS 3.359-0.424-0.416-0.1342.726-0.363-0.556-0.3562.776-0.560
201110201201201204201207201210201301201304201307201310201401
per share eps -0.473-0.0111.959-0.388-0.384-0.0652.423-0.420-0.383-0.783
CPI 226.421226.665230.085229.104231.317230.280232.531233.596233.546233.916
Adj_EPS -0.503-0.0122.049-0.408-0.399-0.0682.508-0.433-0.395-0.806
200904200907200910201001201004201007201010201101201104201107
per share eps 2.120-0.400-0.3800.1502.060-0.409-0.360-0.0422.120-0.573
CPI 213.240215.351216.177216.687218.009218.011218.711220.223224.906225.922
Adj_EPS 2.392-0.447-0.4230.1672.274-0.451-0.396-0.0462.268-0.610
200610200701200704200707200710200801200804200807200810200901
per share eps -0.490-0.180-0.260-0.930-1.550-0.1401.680-0.410-0.4100.140
CPI 201.800202.416206.686208.299208.936211.080214.823219.964216.573211.143
Adj_EPS -0.584-0.214-0.303-1.074-1.785-0.1601.882-0.449-0.4560.160

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 own currency.

H&R Block Inc Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
ShillerPE 21.4125.0616.0617.7715.8413.8626.1228.2732.0121.59

H&R Block Inc Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
ShillerPE 28.2732.8833.8338.5532.0135.8541.2539.4321.5925.58
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