Switch to:
Silver Wheaton Corp (NYSE:SLW)
Shiller P/E Ratio
22.54 (As of Today)

As of today, Silver Wheaton Corp's current share price is $19.16. Silver Wheaton Corp's E10 for the quarter that ended in Dec. 2014 was $0.85. Silver Wheaton Corp's Shiller P/E Ratio for today is 22.54.

SLW' s 10-Year Shiller P/E Ratio Range
Min: 19.32   Max: 1165
Current: 23.8

19.32
1165

During the past 13 years, Silver Wheaton Corp's highest Shiller P/E Ratio was 1165.00. The lowest was 19.32. And the median was 67.58.

SLW's Shiller P/E Ratiois ranked higher than
93% of the 2967 Companies
in the Global Silver industry.

( Industry Median: 0.00 vs. SLW: 23.80 )

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.

Silver Wheaton Corp's adjusted earnings per share data for the three months ended in Dec. 2014 was $0.144. 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 $0.85 for the trailing six years ended in Dec. 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.

Silver Wheaton Corp's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=19.16/0.85
=22.54

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

Silver Wheaton Corp's E10 for the fiscal year that ended in Dec13 is calculated as:

For example, Silver Wheaton Corp's adjusted earnings per share data for the three months ended in Dec. 2014 was:

Adj_EPS=Earnigns per Share/CPI of Dec. 2014*CPI of Current
=0.143/234.812*236.818
=0.144

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

Current CPI = 236.818.

Silver Wheaton Corp Quarterly Data

201209201212201303201306201309201312201403201406201409201412
per share eps 0.3400.4980.3700.2000.2200.2630.2200.1800.0100.143
CPI 231.407229.601232.773233.504234.149233.049236.293238.343238.031234.812
Adj_EPS 0.3480.5140.3760.2030.2230.2670.2200.1790.0100.144
201003201006201009201012201103201106201109201112201203201206
per share eps 0.1300.0400.0700.1820.3400.4200.3800.4070.4100.400
CPI 217.631217.965218.439219.179223.467225.722226.889225.672229.392229.478
Adj_EPS 0.1410.0430.0760.1970.3600.4410.3970.4270.4230.413
200903200906200909200912
per share eps 0.0600.0600.1100.148
CPI 212.709215.693215.969215.949
Adj_EPS 0.0670.0660.1210.162

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.

Silver Wheaton Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ShillerPE 307.35262.43149.0258.5575.14120.1153.0147.3824.3723.90

Silver Wheaton Corp Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
ShillerPE 55.6147.3839.1224.8529.9524.3727.5830.0524.2623.90
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