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Oil-Dri Corp of America (NYSE:ODC)
Shiller P/E Ratio
21.72 (As of Today)

As of today, Oil-Dri Corp of America's current share price is $29.76. Oil-Dri Corp of America's E10 for the quarter that ended in Apr. 2015 was $1.37. Oil-Dri Corp of America's Shiller P/E Ratio for today is 21.72.

ODC' s 10-Year Shiller P/E Ratio Range
Min: 12.1   Max: 28.42
Current: 21.72

12.1
28.42

During the past 13 years, Oil-Dri Corp of America's highest Shiller P/E Ratio was 28.42. The lowest was 12.10. And the median was 18.32.

ODC's Shiller P/E Ratiois ranked higher than
50% of the 471 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 22.18 vs. ODC: 21.72 )

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 Apr. 2015 was $0.190. 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 $1.37 for the trailing six years ended in Apr. 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.

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

Shiller P/E Ratio=Share Price/E10
=29.76/1.37
=21.72

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

Oil-Dri Corp of America's E10 for the fiscal year that ended in Jul14 is calculated as:

For example, Oil-Dri Corp of America's adjusted earnings per share data for the three months ended in Apr. 2015 was:

Adj_EPS=Earnigns per Share/CPI of Apr. 2015*CPI of Current
=0.19/236.599*236.959
=0.190

Since most companies do not have as long as 10 years history, GuruFocus uses 6 years to do the calculation.

Current CPI = 236.959.

Oil-Dri Corp of America Quarterly Data

201301201304201307201310201401201404201407201410201501201504
per share eps 0.3100.4600.6810.4100.6000.1000.0660.3000.3900.190
CPI 230.280232.531233.596233.546233.916237.072238.250237.433233.707236.599
Adj_EPS 0.3190.4690.6910.4160.6080.1000.0660.2990.3950.190
201007201010201101201104201107201110201201201204201207201210
per share eps 0.3330.3500.2500.2600.4080.1500.4500.260-0.0220.640
CPI 218.011218.711220.223224.906225.922226.421226.665230.085229.104231.317
Adj_EPS 0.3620.3790.2690.2740.4280.1570.4700.268-0.0230.656
200907200910201001201004
per share eps 0.3530.3000.3100.350
CPI 215.351216.177216.687218.009
Adj_EPS 0.3880.3290.3390.380

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.

Oil-Dri Corp of America Annual Data

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
ShillerPE 36.2733.4625.8918.6215.0619.1616.8517.4922.3920.59

Oil-Dri Corp of America Quarterly Data

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
ShillerPE 21.1420.3822.3924.8923.3323.0720.5921.6221.8823.96
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