As of today (2024-04-26), Empire Resources's current share price is $7.00. Empire Resources's E10 for the quarter that ended in Dec. 2016 was $0.52. Empire Resources's Shiller PE Ratio for today is 13.46.
The historical rank and industry rank for Empire Resources's Shiller PE Ratio or its related term are showing as below:
ERS's Shiller PE Ratio is not ranked *
in the Industrial Distribution industry.
Industry Median: 16.8 * Ranked among companies with meaningful Shiller PE Ratio only.
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Empire Resources's adjusted earnings per share data for the three months ended in Dec. 2016 was $0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.52 for the trailing ten years ended in Dec. 2016.
Shiller PE for Stocks: The True Measure of Stock Valuation
Empire Resources Shiller PE Ratio Historical Data
The historical data trend for Empire Resources's Shiller PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Empire Resources's Shiller PE Ratio
For the Industrial Distribution subindustry, Empire Resources's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Empire Resources's Shiller PE Ratio Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Empire Resources's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Empire Resources's Shiller PE Ratio falls into.
Empire Resources Shiller PE Ratio Calculation
For Shiller PE Ratio, 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 PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Empire Resources's E10 for the quarter that ended in Dec. 2016 is calculated as:
For example, Empire Resources's adjusted earnings per share data for the three months ended in Dec. 2016 was:
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
Empire Resources (NAS:ERS) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio 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 PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio 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, Shiller PE Ratio and PS Ratio will give false valuations.
Empire Resources Shiller PE Ratio Related Terms
Thank you for viewing the detailed overview of Empire Resources's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Empire Resources (Empire Resources) Business Description
Empire Resources Inc was incorporated in the State of Delaware in 1990 under the name Integrated Technology USA, Inc. On September 17, 1999, the Company merged with Empire Resources, Inc. a distributor of value added, semi-finished aluminum products. Since the merger, the Company has continued the business of Empire under the name of Empire Resources, Inc. The Company is engaged in the purchase, sale and distribution of semi-finished aluminum and steel products to customer base located in the Americas, Europe, Australia and New Zealand. The Company sells its products through its own marketing and sales personnel and its independent sales agents who are located in North America and in Europe. The Company's semi-finished aluminum and steel products which are produced by processing aluminum or steel and/or aluminum scrap. A product is considered 'semi-finished' if it has not yet been converted into a final end product. Semi-finished aluminum products include aluminum sheet, coil, plate and foil, rod, bar and wire, extruded and cast products. The Company provides many of these forms of semi-finished aluminum products to its customers. The Company sells its products mainly through its own marketing and sales personnel. In addition, it sells less than 10% of its products through independent sales agents. The Company serves more than 300 customers in industries, such as distribution, transportation, automobile, housing, appliances and packaging. Its competitors include aluminum producers and rolling mills. Its competitors include: Alcoa Inc. and Aleris Rolled Products, Inc. The Company is subject to governmental regulations governing imports, in particular regulations governing the imposition of tariffs and antidumping and other duties.
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