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Steelcase Inc (NYSE:SCS)
Shiller P/E Ratio
27.38 (As of Today)

As of today, Steelcase Inc's current share price is $15.88. Steelcase Inc's E10 for the quarter that ended in Feb. 2016 was $0.58. Steelcase Inc's Shiller P/E Ratio for today is 27.38.

SCS' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 14.41   Max: 854
Current: 27.38


During the past 13 years, Steelcase Inc's highest Shiller P/E Ratio was 854.00. The lowest was 14.41. And the median was 36.70.

SCS's Shiller P/E Ratio is ranked lower than
56% of the 289 Companies
in the Global Business Equipment industry.

( Industry Median: 24.29 vs. SCS: 27.38 )

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.

Steelcase Inc's adjusted earnings per share data for the three months ended in Feb. 2016 was $0.628. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.58 for the trailing ten years ended in Feb. 2016.


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.

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

Shiller P/E Ratio=Share Price/E10

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

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

For example, Steelcase Inc's adjusted earnings per share data for the three months ended in Feb. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Feb. 2016 (Change)*Current CPI (Feb. 2016)

Current CPI (Feb. 2016) = 237.111.

Steelcase Inc Quarterly Data

per share eps 0.1800.1810.1700.2400.0900.1820.1600.3000.2800.628
CPI 233.069234.781237.900237.852236.151234.722237.805238.316237.336237.111
Adj_EPS 0.1830.1830.1690.2390.0900.1840.1600.2980.2800.628
per share eps 0.0600.0900.1700.1170.1000.2300.180-0.2190.1000.220
CPI 225.964226.545226.230227.663229.815230.379230.221232.166232.945233.877
Adj_EPS 0.0630.0940.1780.1220.1030.2370.185-0.2240.1020.223
per share eps 0.000-0.4930.0000.0000.000-0.103-0.0800.0200.1400.079
CPI 212.425212.193213.856215.834216.330216.741218.178218.312218.803221.309
Adj_EPS 0.000-0.5510.0000.0000.000-0.113-0.0870.0220.1520.085
per share eps 0.1000.1000.2200.1900.2300.2600.2200.2120.1600.230
CPI 202.500203.900201.500203.499207.949207.917210.177211.693216.632219.086
Adj_EPS 0.1170.1160.2590.2210.2620.2970.2480.2370.1750.249

Add all the adjusted EPS together and divide 10 will get our E10.


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.

Steelcase Inc Annual Data

ShillerPE 36.1830.5014.7054.930.002,709.7048.5337.1540.4321.53

Steelcase Inc Quarterly Data

ShillerPE 46.0637.1537.8734.7039.0840.4335.5934.9538.9721.53
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