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Toll Brothers Inc (NYSE:TOL)
Shiller P/E Ratio
85.82 (As of Today)

As of today, Toll Brothers Inc's current share price is \$32.61. Toll Brothers Inc's E10 for the quarter that ended in Jul. 2016 was \$0.38. Toll Brothers Inc's Shiller P/E Ratio for today is 85.82.

TOL' s Shiller P/E Ratio Range Over the Past 10 Years
Min: 8.1   Max: 87.19
Current: 87.03

8.1
87.19

During the past 13 years, Toll Brothers Inc's highest Shiller P/E Ratio was 87.19. The lowest was 8.10. And the median was 18.81.

TOL's Shiller P/E Ratio is ranked lower than
74% of the 80 Companies
in the Global Residential Construction industry.

( Industry Median: 35.74 vs. TOL: 87.03 )

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.

Toll Brothers Inc's adjusted earnings per share data for the three months ended in Jul. 2016 was \$0.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is \$0.38 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.

Toll Brothers Inc's Shiller P/E Ratio for today is calculated as

 Shiller P/E Ratio = Share Price / E10 = 32.61 / 0.38 = 85.82

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

Toll Brothers Inc's E10 for the fiscal year that ended in Oct15 is calculated as:

For example, Toll Brothers Inc'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) = 0.61 / 240.628 * 240.628 = 0.610

Current CPI (Jul. 2016) = 240.628.

Toll Brothers Inc Quarterly Data

 201404 201407 201410 201501 201504 201507 201510 201601 201604 201607 per share eps 0.35 0.53 0.71 0.44 0.37 0.36 0.79 0.4 0.51 0.61 CPI 237.072 238.25 237.433 233.707 236.599 238.654 237.838 236.916 239.261 240.628 Adj_EPS 0.355 0.535 0.72 0.453 0.376 0.363 0.799 0.406 0.513 0.61 201110 201201 201204 201207 201210 201301 201304 201307 201310 201401 per share eps 0.09 -0.02 0.1 0.36 2.41 0.03 0.14 0.26 0.54 0.25 CPI 226.421 226.665 230.085 229.104 231.317 230.28 232.531 233.596 233.546 233.916 Adj_EPS 0.096 -0.021 0.105 0.378 2.507 0.031 0.145 0.268 0.556 0.257 200904 200907 200910 201001 201004 201007 201010 201101 201104 201107 per share eps -0.52 -2.93 -0.68 -0.25 -0.24 0.16 0.31 0.02 -0.12 0.25 CPI 213.24 215.351 216.177 216.687 218.009 218.011 218.711 220.223 224.906 225.922 Adj_EPS -0.587 -3.274 -0.757 -0.278 -0.265 0.177 0.341 0.022 -0.128 0.266 200610 200701 200704 200707 200710 200801 200804 200807 200810 200901 per share eps 1.07 0.33 0.22 0.16 -0.53 -0.61 -0.59 -0.18 -0.5 -0.55 CPI 201.8 202.416 206.686 208.299 208.936 211.08 214.823 219.964 216.573 211.143 Adj_EPS 1.276 0.392 0.256 0.185 -0.61 -0.695 -0.661 -0.197 -0.556 -0.627

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

Historical Data

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

Toll Brothers Inc Annual Data

 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 ShillerPE 14.10 11.24 12.51 13.42 15.24 16.32 27.79 30.50 33.06 61.38

Toll Brothers Inc Quarterly Data

 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 ShillerPE 32.20 31.63 33.06 37.65 42.11 53.13 61.38 54.28 62.20 74.30
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