Switch to:
Level 3 Communications Inc (NYSE:LVLT)
Shiller P/E Ratio
(As of Today)

As of today, Level 3 Communications Inc's current share price is $52.26. Level 3 Communications Inc's E10 for the quarter that ended in Dec. 2015 was $-3.98. Level 3 Communications Inc's Shiller P/E Ratio for today is .

During the past 13 years, Level 3 Communications Inc's highest Shiller P/E Ratio was 7.88. The lowest was 0.00. And the median was 4.10.

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.

Level 3 Communications Inc's adjusted earnings per share data for the three months ended in Dec. 2015 was $9.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $-3.98 for the trailing ten years ended in Dec. 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.

Level 3 Communications Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=52.26/-3.98
=

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

Level 3 Communications Inc's E10 for the fiscal year that ended in Dec15 is calculated as:

For example, Level 3 Communications Inc's adjusted earnings per share data for the three months ended in Dec. 2015 was:

Adj_EPS=Earnigns per Share/CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=9.03/236.525*236.525
=9.030

Current CPI (Dec. 2015) = 236.525.

Level 3 Communications Inc Quarterly Data

201312201403201406201409201412201503201506201509201512201603
per share eps 0.0620.4700.2100.3500.2130.350-0.0400.0039.0300.340
CPI 233.049236.293238.343238.031234.812236.119238.638237.945236.525237.208
Adj_EPS 0.0630.4700.2080.3480.2150.351-0.0400.0039.0300.339
201106201109201112201203201206201209201212201303201306201309
per share eps -1.590-1.750-0.795-0.660-0.290-0.760-0.257-0.360-0.110-0.090
CPI 225.722226.889225.672229.392229.478231.407229.601232.773233.504234.149
Adj_EPS -1.666-1.824-0.833-0.681-0.299-0.777-0.265-0.366-0.111-0.091
200812200903200906200909200912201003201006201009201012201103
per share eps 0.149-1.200-1.200-1.500-1.663-2.100-1.500-1.470-0.467-1.830
CPI 210.228212.709215.693215.969215.949217.631217.965218.439219.179223.467
Adj_EPS 0.168-1.334-1.316-1.643-1.821-2.282-1.628-1.592-0.504-1.937
200606200609200612200703200706200709200712200803200806200809
per share eps -3.450-1.800-2.950-6.600-1.950-1.650-0.877-1.800-0.300-1.200
CPI 202.900202.900201.800205.352208.352208.490210.036213.528218.815218.783
Adj_EPS -4.022-2.098-3.458-7.602-2.214-1.872-0.988-1.994-0.324-1.297

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.

Level 3 Communications Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ShillerPE 0.000.000.000.000.000.000.000.000.000.00

Level 3 Communications Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
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)

GuruFocus Premium Plus Membership

FEEDBACK