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GuruFocus has detected 5 Warning Signs with Oil-Dri Corp of America $ODC.
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Oil-Dri Corp of America (NYSE:ODC)
Shiller PE Ratio
26.03 (As of Today)

As of today, Oil-Dri Corp of America's current share price is $39.57. Oil-Dri Corp of America's E10 for the quarter that ended in Jan. 2017 was $1.52. Oil-Dri Corp of America's Shiller P/E Ratio for today is 26.03.

ODC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.5   Max: 35.63
Current: 26.02

16.5
35.63

During the past 13 years, Oil-Dri Corp of America's highest Shiller P/E Ratio was 35.63. The lowest was 16.50. And the median was 24.04.

ODC's Shiller PE Ratio is ranked higher than
75% of the 182 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 36.52 vs. ODC: 26.02 )

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.

Oil-Dri Corp of America's adjusted earnings per share data for the three months ended in Jan. 2017 was $0.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.52 for the trailing ten years ended in Jan. 2017.


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.

Oil-Dri Corp of America's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=39.57/1.52
=26.03

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Oil-Dri Corp of America's E10 for the fiscal year that ended in Jul16 is calculated as:

For example, Oil-Dri Corp of America's adjusted earnings per share data for the three months ended in Jan. 2017 was:

Adj_EPS=Earnigns per Share/CPI of Jan. 2017 (Change)*Current CPI (Jan. 2017)
=0.58/242.839*242.839
=0.580

Current CPI (Jan. 2017) = 242.839.

Oil-Dri Corp of America Quarterly Data

201410201501201504201507201510201601201604201607201610201701
per share eps 0.3000.3900.1900.7100.7500.530-0.1300.7200.2800.580
CPI 237.433233.707236.599238.654237.838236.916239.261240.628241.729242.839
Adj_EPS 0.3070.4050.1950.7220.7660.543-0.1320.7270.2810.580
201204201207201210201301201304201307201310201401201404201407
per share eps 0.260-0.0100.6400.3100.4600.6700.4100.6000.1000.060
CPI 230.085229.104231.317230.280232.531233.596233.546233.916237.072238.250
Adj_EPS 0.274-0.0110.6720.3270.4800.6970.4260.6230.1020.061
200910201001201004201007201010201101201104201107201110201201
per share eps 0.3000.3100.3500.3400.3500.2500.2600.4000.1500.450
CPI 216.177216.687218.009218.011218.711220.223224.906225.922226.421226.665
Adj_EPS 0.3370.3470.3900.3790.3890.2760.2810.4300.1610.482
200704200707200710200801200804200807200810200901200904200907
per share eps 0.2800.2900.3500.2900.2800.3400.3100.3300.3300.356
CPI 206.686208.299208.936211.080214.823219.964216.573211.143213.240215.351
Adj_EPS 0.3290.3380.4070.3340.3170.3750.3480.3800.3760.401

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 local exchange's currency.

Oil-Dri Corp of America Annual Data

Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15Jul16
ShillerPE 26.6424.3722.4326.8121.5920.4625.5522.1619.2025.26

Oil-Dri Corp of America Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
ShillerPE 23.0123.5025.2019.2022.2126.1423.5625.2622.5622.13
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