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

As of today, Oil-Dri Corp of America's current share price is $22.61. Oil-Dri Corp of America's E10 for the quarter that ended in Apr. 2015 was $1.38. Oil-Dri Corp of America's Shiller P/E Ratio for today is 16.38.

ODC' s 10-Year Shiller P/E Ratio Range
Min: 12.1   Max: 28.42
Current: 16.38

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 18.30.

ODC's Shiller P/E Ratiois ranked higher than
60% of the 483 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 19.52 vs. ODC: 16.38 )

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 $0.192. 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 $1.38 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
=22.61/1.38
=16.38

* 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*238.662
=0.192

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

Current CPI = 238.662.

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 0.3210.4720.6960.4190.6120.1010.0660.3020.3980.192
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 0.3650.3820.2710.2760.4310.1580.4740.270-0.0230.660
200907200910201001201004
per share eps 0.3530.3000.3100.350
CPI 215.351216.177216.687218.009
Adj_EPS 0.3910.3310.3410.383

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 36.2733.4625.8918.6515.0819.0316.9017.5522.4520.65

Oil-Dri Corp of America Quarterly Data

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
ShillerPE 21.2020.4422.4524.9523.3923.1320.6521.6822.1523.78
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