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

As of today, Pier 1 Imports Inc's current share price is $4.36. Pier 1 Imports Inc's E10 for the quarter that ended in May. 2016 was $0.00. Pier 1 Imports Inc's Shiller P/E Ratio for today is .

PIR' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 10.16   Max: 918.14
Current: 918.14

10.16
918.14

During the past 13 years, Pier 1 Imports Inc's highest Shiller P/E Ratio was 918.14. The lowest was 10.16. And the median was 36.13.

PIR's Shiller P/E Ratio is ranked lower than
100% of the 240 Companies
in the Global Specialty Retail industry.

( Industry Median: 21.15 vs. PIR: 918.14 )

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 May. 2016 was $-0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.00 for the trailing ten years ended in May. 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
=4.36/0.00
=

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 May. 2016 was:

Adj_EPS=Earnigns per Share/CPI of May. 2016 (Change)*Current CPI (May. 2016)
=-0.07/240.236*240.236
=-0.070

Current CPI (May. 2016) = 240.236.

Pier 1 Imports Inc Quarterly Data

201402201405201408201411201502201505201508201511201602201605
per share eps 0.4000.1600.1000.2000.3700.0800.0400.1300.220-0.070
CPI 234.781237.900237.852236.151234.722237.805238.316237.336237.111240.236
Adj_EPS 0.4090.1620.1010.2030.3790.0810.0400.1320.223-0.070
201108201111201202201205201208201211201302201305201308201311
per share eps 0.1400.2101.0100.1600.2400.2200.5800.1900.1700.260
CPI 226.545226.230227.663229.815230.379230.221232.166232.945233.877233.069
Adj_EPS 0.1480.2231.0660.1670.2500.2300.6000.1960.1750.268
200902200905200908200911201002201005201008201011201102201105
per share eps -0.3300.320-0.1700.3700.3100.0700.1200.1800.4800.120
CPI 212.193213.856215.834216.330216.741218.178218.312218.803221.309225.964
Adj_EPS -0.3740.359-0.1890.4110.3440.0770.1320.1980.5210.128
200608200611200702200705200708200711200802200805200808200811
per share eps -0.8400.000-2.590-0.640-0.490-0.1100.160-0.370-0.340-0.410
CPI 203.900201.500203.499207.949207.917210.177211.693216.632219.086212.425
Adj_EPS -0.9900.000-3.058-0.739-0.566-0.1260.182-0.410-0.373-0.464

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 own currency.

Pier 1 Imports Inc Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
ShillerPE 22.0147.600.000.000.000.000.000.000.000.00

Pier 1 Imports Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
ShillerPE 0.000.000.000.000.000.000.000.000.001,179.27
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