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Premier Exhibitions Inc (NAS:PRXI)
Shiller P/E Ratio
(As of Today)

As of today, Premier Exhibitions Inc's current share price is $3.46. Premier Exhibitions Inc's E10 for the quarter that ended in Nov. 2014 was $-2.55. Premier Exhibitions Inc's Shiller P/E Ratio for today is .

PRXI' s 10-Year Shiller P/E Ratio Range
Min: 0   Max: 1658
Current: 0

0
1658

During the past 13 years, Premier Exhibitions Inc's highest Shiller P/E Ratio was 1658.00. The lowest was 0.00. And the median was 42.00.

PRXI's Shiller P/E Ratiois ranked higher than
64% of the 1103 Companies
in the Global Leisure industry.

( Industry Median: 160.79 vs. PRXI: 0.00 )

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.

Premier Exhibitions Inc's adjusted earnings per share data for the three months ended in Nov. 2014 was $-0.396. 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 $-2.55 for the trailing six years ended in Nov. 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.

Premier Exhibitions Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=3.46/-2.55
=

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

Premier Exhibitions Inc's E10 for the fiscal year that ended in Feb14 is calculated as:

For example, Premier Exhibitions Inc's adjusted earnings per share data for the three months ended in Nov. 2014 was:

Adj_EPS=Earnigns per Share/CPI of Nov. 2014*CPI of Current
=-0.4/236.151*233.808
=-0.396

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

Current CPI = 233.808.

Premier Exhibitions Inc Quarterly Data

201208201211201302201305201308201311201402201405201408201411
per share eps 0.600-0.100-0.2870.2000.0000.000-0.284-0.200-0.300-0.400
CPI 230.379230.221232.166232.945233.877233.069234.781237.900237.852236.151
Adj_EPS 0.609-0.102-0.2890.2010.0000.000-0.283-0.197-0.295-0.396
201002201005201008201011201102201105201108201111201202201205
per share eps -2.475-0.3000.000-1.200-1.0870.200-0.400-0.500-0.6100.200
CPI 216.741218.178218.312218.803221.309225.964226.545226.230227.663229.815
Adj_EPS -2.670-0.3210.000-1.282-1.1480.207-0.413-0.517-0.6260.203
200902200905200908200911
per share eps -2.821-2.000-0.200-0.500
CPI 212.193213.856215.834216.330
Adj_EPS -3.108-2.187-0.217-0.540

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.

Premier Exhibitions Inc Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
ShillerPE 0.00-54.89-465.884.141.29-205.31-48.50-23.730.000.00

Premier Exhibitions Inc Quarterly Data

Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14Nov14
ShillerPE -21.230.000.000.000.000.000.000.000.000.00
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