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Tiffany & Co (NYSE:TIF)
Shiller PE Ratio
30.99 (As of Today)

As of today, Tiffany & Co's current share price is $91.73. Tiffany & Co's E10 for the quarter that ended in Oct. 2016 was $2.96. Tiffany & Co's Shiller P/E Ratio for today is 30.99.

TIF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.89   Max: 40.73
Current: 30.99

9.89
40.73

During the past 13 years, Tiffany & Co's highest Shiller P/E Ratio was 40.73. The lowest was 9.89. And the median was 28.02.

TIF's Shiller PE Ratio is ranked lower than
64% of the 247 Companies
in the Global Luxury Goods industry.

( Industry Median: 21.22 vs. TIF: 30.99 )

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.

Tiffany & Co's adjusted earnings per share data for the three months ended in Oct. 2016 was $0.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.96 for the trailing ten years ended in Oct. 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.

Tiffany & Co's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=91.73/2.96
=30.99

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

Tiffany & Co's E10 for the fiscal year that ended in Jan16 is calculated as:

For example, Tiffany & Co's adjusted earnings per share data for the three months ended in Oct. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Oct. 2016 (Change)*Current CPI (Oct. 2016)
=0.76/241.729*241.729
=0.760

Current CPI (Oct. 2016) = 241.729.

Tiffany & Co Quarterly Data

201407201410201501201504201507201510201601201604201607201610
per share eps 0.9600.2901.5100.8100.8100.7001.2700.6900.8400.760
CPI 238.250237.433233.707236.599238.654237.838236.916239.261240.628241.729
Adj_EPS 0.9740.2951.5620.8280.8200.7111.2960.6970.8440.760
201201201204201207201210201301201304201307201310201401201404
per share eps 1.3800.6400.7200.4901.4000.6500.8300.730-0.8100.970
CPI 226.665230.085229.104231.317230.280232.531233.596233.546233.916237.072
Adj_EPS 1.4720.6720.7600.5121.4700.6760.8590.756-0.8370.989
200907200910201001201004201007201010201101201104201107201110
per share eps 0.4600.3501.1100.5000.5300.4301.4100.6300.6900.700
CPI 215.351216.177216.687218.009218.011218.711220.223224.906225.922226.421
Adj_EPS 0.5160.3911.2380.5540.5880.4751.5480.6770.7380.747
200701200704200707200710200801200804200807200810200901200904
per share eps 1.0000.3900.2600.7300.9400.5000.6300.3500.2500.200
CPI 202.416206.686208.299208.936211.080214.823219.964216.573211.143213.240
Adj_EPS 1.1940.4560.3020.8451.0760.5630.6920.3910.2860.227

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 local exchange's currency.

Tiffany & Co Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
ShillerPE 27.6124.0811.9321.6928.8128.1326.5933.5733.3923.06

Tiffany & Co Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
ShillerPE 36.6836.2833.3932.7935.0229.9023.0625.2122.1924.82
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