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Shiller P/E Ratio
0.00 (As of Today)

As of today, 's current share price is $. 's E10 for the quarter that ended in . 20 was $0.00. 's Shiller P/E Ratio for today is .

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

During the past 0 years, 's highest Shiller P/E Ratio was . The lowest was . And the median was .

NOVL's Shiller P/E Ratiois ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. NOVL: )

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.

's adjusted earnings per share data of for the fiscal year that ended in . 20 was $. 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 $0.00 for the trailing six years ended in . 20.


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.

'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.

's E10 for the quarter that ended in . 20 is calculated as:


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.

Annual Data

ShillerPE 0.000.000.000.000.000.000.000.000.000.00

Semi-Annual Data

ShillerPE 0.000.000.000.000.000.000.000.000.000.00
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