Switch to:
Trio-Tech International (AMEX:TRT)
Shiller P/E Ratio
(As of Today)

As of today, Trio-Tech International's current share price is $2.95. Trio-Tech International's E10 for the quarter that ended in Sep. 2014 was $-0.35. Trio-Tech International's Shiller P/E Ratio for today is .

TRT' s 10-Year Shiller P/E Ratio Range
Min: 2.02   Max: 49.29
Current: 0

2.02
49.29

During the past 13 years, Trio-Tech International's highest Shiller P/E Ratio was 49.29. The lowest was 2.02. And the median was 7.83.

TRT's Shiller P/E Ratiois ranked higher than
56% of the 1164 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 9999.00 vs. TRT: 0.00 )

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.

Trio-Tech International's adjusted earnings per share data for the three months ended in Sep. 2014 was $-0.040. Since most companies do not have as long as 10 years history, here we use 6 years to calculate. Add all the adjusted EPS for the past 6 years together and divide 6 will get our E10, which is $-0.35 for the trailing six years ended in Sep. 2014.


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.

Trio-Tech International's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=2.95/-0.35
=

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Trio-Tech International's E10 for the fiscal year that ended in Jun14 is calculated as:

For example, Trio-Tech International's adjusted earnings per share data for the three months ended in Sep. 2014 was:

Adj_EPS=Earnigns per Share/CPI of Sep. 2014*CPI of Current
=-0.04/238.031*235.51
=-0.040

Since most companies do not have as long as 10 years history, GuruFocus uses 6 years to do the calculation.

Current CPI = 235.51.

Trio-Tech International Quarterly Data

201206201209201212201303201306201309201312201403201406201409
per share eps -0.174-0.010-0.150-0.1600.014-0.010-0.1000.0500.077-0.040
CPI 229.478231.407229.601232.773233.504234.149233.049236.293238.343238.031
Adj_EPS -0.179-0.010-0.154-0.1620.014-0.010-0.1010.0500.076-0.040
200912201003201006201009201012201103201106201109201112201203
per share eps -0.1100.0100.1240.1400.050-0.140-0.272-0.240-0.360-0.160
CPI 215.949217.631217.965218.439219.179223.467225.722226.889225.672229.392
Adj_EPS -0.1200.0110.1340.1510.054-0.148-0.284-0.249-0.376-0.164
200812200903200906200909
per share eps -0.130-0.050-0.204-0.130
CPI 210.228212.709215.693215.969
Adj_EPS -0.146-0.055-0.223-0.142

Add all the adjusted EPS together and divide 6 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.

Trio-Tech International Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
ShillerPE -69.1316.3142.177.264.306.736.08-8.790.000.00

Trio-Tech International Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ShillerPE -8.79-6.260.000.000.000.000.000.000.000.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK