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

As of today, Tiffany & Co's current share price is $63.11. Tiffany & Co's E10 for the quarter that ended in Apr. 2016 was $2.85. Tiffany & Co's Shiller P/E Ratio for today is 22.14.

TIF' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 9.95   Max: 40.73
Current: 22.18

9.95
40.73

During the past 13 years, Tiffany & Co's highest Shiller P/E Ratio was 40.73. The lowest was 9.95. And the median was 28.18.

TIF's Shiller P/E Ratio is ranked lower than
56% of the 241 Companies
in the Global Luxury Goods industry.

( Industry Median: 19.87 vs. TIF: 22.18 )

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 Apr. 2016 was $0.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.85 for the trailing ten years ended in Apr. 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
=63.11/2.85
=22.14

* 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 Apr. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Apr. 2016 (Change)*Current CPI (Apr. 2016)
=0.69/239.261*239.261
=0.690

Current CPI (Apr. 2016) = 239.261.

Tiffany & Co Quarterly Data

201401201404201407201410201501201504201507201510201601201604
per share eps -0.8100.9700.9600.2901.5100.8100.8100.7001.2700.690
CPI 233.916237.072238.250237.433233.707236.599238.654237.838236.916239.261
Adj_EPS -0.8290.9790.9640.2921.5460.8190.8120.7041.2830.690
201107201110201201201204201207201210201301201304201307201310
per share eps 0.6900.7001.3800.6400.7200.4901.4000.6500.8300.730
CPI 225.922226.421226.665230.085229.104231.317230.280232.531233.596233.546
Adj_EPS 0.7310.7401.4570.6660.7520.5071.4550.6690.8500.748
200901200904200907200910201001201004201007201010201101201104
per share eps 0.2500.2000.4600.3501.1100.5000.5300.4301.4100.630
CPI 211.143213.240215.351216.177216.687218.009218.011218.711220.223224.906
Adj_EPS 0.2830.2240.5110.3871.2260.5490.5820.4701.5320.670
200607200610200701200704200707200710200801200804200807200810
per share eps 0.2900.2101.0000.3900.2600.7300.9400.5000.6300.350
CPI 203.500201.800202.416206.686208.299208.936211.080214.823219.964216.573
Adj_EPS 0.3410.2491.1820.4510.2990.8361.0650.5570.6850.387

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 27.6724.1411.9621.7528.6327.9626.6733.6733.4722.67

Tiffany & Co Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
ShillerPE 33.6734.1736.7836.0333.4732.8635.0929.6822.6725.05
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