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

As of today, Tiffany & Co's current share price is $96.05. Tiffany & Co's E10 for the quarter that ended in Jan. 2017 was $2.99. Tiffany & Co's Shiller P/E Ratio for today is 32.12.

TIF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.95   Max: 40.72
Current: 32.08

9.95
40.72

During the past 13 years, Tiffany & Co's highest Shiller P/E Ratio was 40.72. The lowest was 9.95. And the median was 27.98.

TIF's Shiller PE Ratio is ranked lower than
67% of the 256 Companies
in the Global Luxury Goods industry.

( Industry Median: 21.50 vs. TIF: 32.08 )

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 Jan. 2017 was $1.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.99 for the trailing ten years ended in Jan. 2017.


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
=96.05/2.99
=32.12

* 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 Jan17 is calculated as:

For example, Tiffany & Co's adjusted earnings per share data for the three months ended in Jan. 2017 was:

Adj_EPS=Earnigns per Share/CPI of Jan. 2017 (Change)*Current CPI (Jan. 2017)
=1.26/242.839*242.839
=1.260

Current CPI (Jan. 2017) = 242.839.

Tiffany & Co Quarterly Data

201410201501201504201507201510201601201604201607201610201701
per share eps 0.2901.5100.8100.8100.7001.2700.6900.8400.7601.260
CPI 237.433233.707236.599238.654237.838236.916239.261240.628241.729242.839
Adj_EPS 0.2971.5690.8310.8240.7151.3020.7000.8480.7631.260
201204201207201210201301201304201307201310201401201404201407
per share eps 0.6400.7200.4901.4000.6500.8300.730-0.8100.9700.960
CPI 230.085229.104231.317230.280232.531233.596233.546233.916237.072238.250
Adj_EPS 0.6750.7630.5141.4760.6790.8630.759-0.8410.9940.978
200910201001201004201007201010201101201104201107201110201201
per share eps 0.3501.1100.5000.5300.4301.4100.6300.6900.7001.380
CPI 216.177216.687218.009218.011218.711220.223224.906225.922226.421226.665
Adj_EPS 0.3931.2440.5570.5900.4771.5550.6800.7420.7511.478
200704200707200710200801200804200807200810200901200904200907
per share eps 0.3900.2600.7300.9400.5000.6300.3500.2500.2000.460
CPI 206.686208.299208.936211.080214.823219.964216.573211.143213.240215.351
Adj_EPS 0.4580.3030.8481.0810.5650.6960.3920.2880.2280.519

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

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
ShillerPE 24.2512.0121.8428.7528.0826.5533.5433.3623.0326.29

Tiffany & Co Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
ShillerPE 36.2533.3632.7634.9929.8823.0325.1922.1724.5626.29
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