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

As of today, Oil-Dri Corp of America's current share price is $29.11. Oil-Dri Corp of America's E10 for the quarter that ended in Apr. 2014 was $1.46. Oil-Dri Corp of America's Shiller P/E Ratio for today is 19.80.

ODC' s 10-Year Shiller P/E Ratio Range
Min: 12.1   Max: 28.62
Current: 19.8

12.1
28.62

During the past 13 years, Oil-Dri Corp of America's highest Shiller P/E Ratio was 28.62. The lowest was 12.10. And the median was 17.93.

ODC's Shiller P/E Ratiois ranked higher than
88% of the 1046 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 9999.00 vs. ODC: 19.80 )

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. 2014 was $0.101. 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 $1.46 for the trailing six years ended in Apr. 2014.


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
=29.11/1.46
=19.94

* 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 Jul13 is calculated as:

For example, Oil-Dri Corp of America's adjusted earnings per share data for the three months ended in Apr. 2014 was:

Adj_EPS=Earnigns per Share/CPI of Apr. 2014*CPI of Current
=0.1/237.072*238.786
=0.101

Since most companies do not have as long as 10 years history, here we use 6 years to calculate:

Current CPI = 238.786.

Oil-Dri Corp of America Quarterly Data

201201201204201207201210201301201304201307201310201401201404
per share eps 0.4500.260-0.0220.6400.3100.4600.6810.4100.6000.100
CPI 226.665230.085229.104231.317230.280232.531233.596233.546233.916237.072
Adj_EPS 0.4740.270-0.0230.6610.3210.4720.6960.4190.6120.101
200907200910201001201004201007201010201101201104201107201110
per share eps 0.3530.3000.3100.3500.3330.3500.2500.2600.4080.150
CPI 215.351216.177216.687218.009218.011218.711220.223224.906225.922226.421
Adj_EPS 0.3910.3310.3420.3830.3650.3820.2710.2760.4310.158
200807200810200901200904
per share eps 0.3390.3100.3300.330
CPI 219.964216.573211.143213.240
Adj_EPS 0.3680.3420.3730.370

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

Jul04Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13
ShillerPE 30.8936.2733.4625.8918.6315.0719.1816.8717.5222.43

Oil-Dri Corp of America Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
ShillerPE 16.6316.4617.5216.9121.1820.4222.4324.9323.3722.89
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