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Richardson Electronics Ltd (NAS:RELL)
Shiller PE Ratio
8.74 (As of Today)

As of today, Richardson Electronics Ltd's current share price is USD 5.94. Richardson Electronics Ltd's E10 for the quarter that ended in Nov. 2016 was USD 0.68. Richardson Electronics Ltd's Shiller P/E Ratio for today is 8.74.

RELL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.88   Max: 107.75
Current: 8.76

6.88
107.75

During the past 13 years, Richardson Electronics Ltd's highest Shiller P/E Ratio was 107.75. The lowest was 6.88. And the median was 17.78.

RELL's Shiller PE Ratio is ranked higher than
92% of the 346 Companies
in the Global Electronics Distribution industry.

( Industry Median: 34.50 vs. RELL: 8.76 )

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.

Richardson Electronics Ltd's adjusted earnings per share data for the three months ended in Nov. 2016 was USD -0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is USD 0.68 for the trailing ten years ended in Nov. 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.

Richardson Electronics Ltd's Shiller P/E Ratio for today is calculated as

 Shiller P/E Ratio = Share Price / E10 = 5.94 / 0.68 = 8.74

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

Richardson Electronics Ltd's E10 for the fiscal year that ended in May16 is calculated as:

For example, Richardson Electronics Ltd's adjusted earnings per share data for the three months ended in Nov. 2016 was:

 Adj_EPS = Earnigns per Share / CPI of Nov. 2016 (Change) * Current CPI (Nov. 2016) = -0.26 / 241.353 * 241.353 = -0.260

Current CPI (Nov. 2016) = 241.353.

Richardson Electronics Ltd Quarterly Data

 201408 201411 201502 201505 201508 201511 201602 201605 201608 201611 per share eps -0.01 -0.07 -0.16 -0.17 -0.1 -0.24 -0.23 -0.02 -0.23 -0.26 CPI 237.852 236.151 234.722 237.805 238.316 237.336 237.111 240.229 240.849 241.353 Adj_EPS -0.01 -0.072 -0.165 -0.173 -0.101 -0.244 -0.234 -0.02 -0.23 -0.26 201202 201205 201208 201211 201302 201305 201308 201311 201402 201405 per share eps 0.08 0.16 0.04 0.02 0.03 -0.02 0.14 0.03 -0.038 -0.177 CPI 227.663 229.815 230.379 230.221 232.166 232.945 233.877 233.069 234.781 237.9 Adj_EPS 0.085 0.168 0.042 0.021 0.031 -0.021 0.144 0.031 -0.039 -0.18 200908 200911 201002 201005 201008 201011 201102 201105 201108 201111 per share eps 0.11 0.18 0.26 0.35 0.47 0.41 0.41 3.6 0.21 0.04 CPI 215.834 216.33 216.741 218.178 218.312 218.803 221.309 225.964 226.545 226.23 Adj_EPS 0.123 0.201 0.29 0.387 0.52 0.452 0.447 3.845 0.224 0.043 200702 200705 200708 200711 200802 200805 200808 200811 200902 200905 per share eps 0.06 2.24 -0.04 -0.04 -0.12 -0.3 0.38 0.31 -0.65 -0.59 CPI 203.499 207.949 207.917 210.177 211.693 216.632 219.086 212.425 212.193 213.856 Adj_EPS 0.071 2.6 -0.046 -0.046 -0.137 -0.334 0.419 0.352 -0.739 -0.666

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

Historical Data

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

Richardson Electronics Ltd Annual Data

 May07 May08 May09 May10 May11 May12 May13 May14 May15 May16 ShillerPE 22.18 19.36 26.20 85.49 28.84 18.40 16.42 14.90 11.49 7.22

Richardson Electronics Ltd Quarterly Data

 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 ShillerPE 15.07 15.79 11.68 11.49 8.42 7.98 7.09 7.22 9.91 8.89
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