Switch to:
MOD-PAC Corporation (NAS:MPAC)
Shiller P/E Ratio
0.00 (As of Today)

As of today, MOD-PAC Corporation's current share price is $9.27. MOD-PAC Corporation's E10 for the quarter that ended in Jun. 2013 was $-0.01. MOD-PAC Corporation's Shiller P/E Ratio for today is 0.00.

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

MPAC's Shiller P/E Ratiois ranked lower than
56% of the 301 Companies
in the Global Packaging & Containers industry.

( Industry Median: 41.33 vs. MPAC: 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.

MOD-PAC Corporation's adjusted earnings per share data for the three months ended in Jun. 2013 was $0.010. 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 $-0.01 for the trailing six years ended in Jun. 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.

MOD-PAC Corporation's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=9.27/-0.01
=

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

MOD-PAC Corporation's E10 for the fiscal year that ended in Dec12 is calculated as:

For example, MOD-PAC Corporation's adjusted earnings per share data for the three months ended in Jun. 2013 was:

Adj_EPS=Earnigns per Share/CPI of Jun. 2013*CPI of Current
=0.01/233.504*238.064
=0.010

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

Current CPI = 238.064.

MOD-PAC Corporation Quarterly Data

201103201106201109201112201203201206201209201212201303201306
per share eps 0.1000.1400.1800.123-0.040-0.0400.2700.3110.0900.010
CPI 223.467225.722226.889225.672229.392229.478231.407229.601232.773233.504
Adj_EPS 0.1070.1480.1890.130-0.042-0.0410.2780.3220.0920.010
200809200812200903200906200909200912201003201006201009201012
per share eps 0.0000.038-0.160-1.0900.2900.3690.0100.0100.2800.069
CPI 218.783210.228212.709215.693215.969215.949217.631217.965218.439219.179
Adj_EPS 0.0000.043-0.179-1.2030.3200.4070.0110.0110.3050.075
200709200712200803200806
per share eps -0.310-0.290-0.150-0.160
CPI 208.490210.036213.528218.815
Adj_EPS -0.354-0.329-0.167-0.174

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.

MOD-PAC Corporation Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
ShillerPE 0.000.000.000.000.005.3818.9146.10-16.230.00

MOD-PAC Corporation Quarterly Data

Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13
ShillerPE 122.78153.33217.49-16.23-19.66-16.20-20.470.000.000.00
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