Switch to:
Pier 1 Imports Inc (NYSE:PIR)
Shiller P/E Ratio
30.09 (As of Today)

As of today, Pier 1 Imports Inc's current share price is $6.92. Pier 1 Imports Inc's E10 for the quarter that ended in Aug. 2016 was $0.23. Pier 1 Imports Inc's Shiller P/E Ratio for today is 30.09.

PIR' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 0.73   Max: 1970
Current: 30.23

0.73
1970

During the past 13 years, Pier 1 Imports Inc's highest Shiller P/E Ratio was 1970.00. The lowest was 0.73. And the median was 64.50.

PIR's Shiller P/E Ratio is ranked lower than
58% of the 240 Companies
in the Global Specialty Retail industry.

( Industry Median: 22.21 vs. PIR: 30.23 )

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.

Pier 1 Imports Inc's adjusted earnings per share data for the three months ended in Aug. 2016 was $-0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.23 for the trailing ten years ended in Aug. 2016.


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.

Pier 1 Imports Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=6.92/0.23
=30.09

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

Pier 1 Imports Inc's E10 for the fiscal year that ended in Feb16 is calculated as:

For example, Pier 1 Imports Inc's adjusted earnings per share data for the three months ended in Aug. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Aug. 2016 (Change)*Current CPI (Aug. 2016)
=-0.05/240.849*240.849
=-0.050

Current CPI (Aug. 2016) = 240.849.

Pier 1 Imports Inc Quarterly Data

201405201408201411201502201505201508201511201602201605201608
per share eps 0.1600.1000.2000.3700.0800.0400.1300.220-0.070-0.050
CPI 237.900237.852236.151234.722237.805238.316237.336237.111240.229240.849
Adj_EPS 0.1620.1010.2040.3800.0810.0400.1320.223-0.070-0.050
201111201202201205201208201211201302201305201308201311201402
per share eps 0.2101.0100.1600.2400.2200.5800.1900.1700.2600.400
CPI 226.230227.663229.815230.379230.221232.166232.945233.877233.069234.781
Adj_EPS 0.2241.0680.1680.2510.2300.6020.1960.1750.2690.410
200905200908200911201002201005201008201011201102201105201108
per share eps 0.320-0.1700.3700.3100.0700.1200.1800.4800.1200.140
CPI 213.856215.834216.330216.741218.178218.312218.803221.309225.964226.545
Adj_EPS 0.360-0.1900.4120.3440.0770.1320.1980.5220.1280.149
200611200702200705200708200711200802200805200808200811200902
per share eps -0.830-0.660-0.640-0.490-0.1100.160-0.370-0.340-0.410-0.330
CPI 201.500203.499207.949207.917210.177211.693216.632219.086212.425212.193
Adj_EPS -0.992-0.781-0.741-0.568-0.1260.182-0.411-0.374-0.465-0.375

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.

Pier 1 Imports Inc Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
ShillerPE 11.9413.471.4445.1399.85144.50332.083,297.392,736.0846.23

Pier 1 Imports Inc Quarterly Data

May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
ShillerPE 3,213.2737,384.190.002,736.08431.28212.3495.8746.2342.1920.13
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK