Switch to:
Shiller P/E Ratio
27.90 (As of Today)

As of today, II-VI Inc's current share price is $25.95. II-VI Inc's E10 for the quarter that ended in Jun. 2016 was $0.93. II-VI Inc's Shiller P/E Ratio for today is 27.90.

IIVI' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 14.35   Max: 76.09
Current: 27.89


During the past 13 years, II-VI Inc's highest Shiller P/E Ratio was 76.09. The lowest was 14.35. And the median was 28.85.

IIVI's Shiller P/E Ratio is ranked higher than
53% of the 339 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 29.67 vs. IIVI: 27.89 )

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.

II-VI Inc's adjusted earnings per share data for the three months ended in Jun. 2016 was $0.230. 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 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.

II-VI Inc'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.

II-VI Inc's E10 for the fiscal year that ended in Jun16 is calculated as:

For example, II-VI Inc'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.

II-VI Inc Quarterly Data

per share eps 0.1300.2000.2000.3500.2300.2700.2700.3000.2400.230
CPI 236.293238.343238.031234.812236.119238.638237.945236.525238.132241.038
Adj_EPS 0.1330.2020.2030.3590.2350.2730.2740.3060.2430.230
per share eps 0.2900.2100.2200.2300.2000.1900.2500.1600.1500.120
CPI 226.889225.672229.392229.478231.407229.601232.773233.504234.149233.049
Adj_EPS 0.3080.2240.2310.2420.2080.1990.2590.1650.1540.124
per share eps 0.0800.1000.1050.1000.1650.2600.2900.3000.3600.350
CPI 212.709215.693215.969215.949217.631217.965218.439219.179223.467225.722
Adj_EPS 0.0910.1120.1170.1120.1830.2880.3200.3300.3880.374
per share eps 0.1250.1500.1650.1850.1600.4400.2150.2450.2850.140
CPI 202.900201.800205.352208.352208.490210.036213.528218.815218.783210.228
Adj_EPS 0.1480.1790.1940.2140.1850.5050.2430.2700.3140.161

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.

II-VI Inc Annual Data

ShillerPE 53.9348.8327.4832.6844.0724.8221.9418.5122.6320.17

II-VI Inc Quarterly Data

ShillerPE 20.1918.5114.9117.1122.5922.6318.8821.5024.6420.17
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)