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Tiffany & Co (NYSE:TIF)
Shiller P/E Ratio
25.13 (As of Today)

As of today, Tiffany & Co's current share price is $72.63. Tiffany & Co's E10 for the quarter that ended in Jul. 2016 was $2.89. Tiffany & Co's Shiller P/E Ratio for today is 25.13.

TIF' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 9.95   Max: 40.89
Current: 25.09

9.95
40.89

During the past 13 years, Tiffany & Co's highest Shiller P/E Ratio was 40.89. The lowest was 9.95. And the median was 28.19.

TIF's Shiller P/E Ratio is ranked lower than
59% of the 242 Companies
in the Global Luxury Goods industry.

( Industry Median: 21.10 vs. TIF: 25.09 )

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 Jul. 2016 was $0.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.89 for the trailing ten years ended in Jul. 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
=72.63/2.89
=25.13

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 Jul. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Jul. 2016 (Change)*Current CPI (Jul. 2016)
=0.84/240.647*240.647
=0.840

Current CPI (Jul. 2016) = 240.647.

Tiffany & Co Quarterly Data

201404201407201410201501201504201507201510201601201604201607
per share eps 0.9700.9600.2901.5100.8100.8100.7001.2700.6900.840
CPI 237.072238.250237.433233.707236.599238.654237.838236.916239.261240.647
Adj_EPS 0.9850.9700.2941.5550.8240.8170.7081.2900.6940.840
201110201201201204201207201210201301201304201307201310201401
per share eps 0.7001.3800.6400.7200.4901.4000.6500.8300.730-0.810
CPI 226.421226.665230.085229.104231.317230.280232.531233.596233.546233.916
Adj_EPS 0.7441.4650.6690.7560.5101.4630.6730.8550.752-0.833
200904200907200910201001201004201007201010201101201104201107
per share eps 0.2000.4600.3501.1100.5000.5300.4301.4100.6300.690
CPI 213.240215.351216.177216.687218.009218.011218.711220.223224.906225.922
Adj_EPS 0.2260.5140.3901.2330.5520.5850.4731.5410.6740.735
200610200701200704200707200710200801200804200807200810200901
per share eps 0.2101.0000.3900.2600.7300.9400.5000.6300.3500.250
CPI 201.800202.416206.686208.299208.936211.080214.823219.964216.573211.143
Adj_EPS 0.2501.1890.4540.3000.8411.0720.5600.6890.3890.285

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 own currency.

Tiffany & Co Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
ShillerPE 27.7524.2112.0021.7928.6928.0226.4833.7733.5722.95

Tiffany & Co Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
ShillerPE 33.9436.8936.1333.5732.9635.2029.7622.9525.1022.30
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