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Tesco PLC (OTCPK:TSCDY)
Shiller PE Ratio
16.90 (As of Today)

As of today, Tesco PLC's current share price is $6.93. Tesco PLC's E10 for the quarter that ended in Feb. 2017 was $0.41. Tesco PLC's Shiller P/E Ratio for today is 16.90.

TSCDY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.64   Max: 32.47
Current: 16.38

6.64
32.47

During the past 13 years, Tesco PLC's highest Shiller P/E Ratio was 32.47. The lowest was 6.64. And the median was 16.10.

TSCDY's Shiller PE Ratio is ranked higher than
79% of the 76 Companies
in the Global Grocery Stores industry.

( Industry Median: 23.50 vs. TSCDY: 16.38 )

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.

Tesco PLC's adjusted earnings per share data of for the fiscal year that ended in Feb17 was $-0.019. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.41 for the trailing ten years ended in Feb17.


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.

Tesco PLC's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=6.93/0.41
=16.90

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

Tesco PLC's E10 for the quarter that ended in Feb. 2017 is calculated as:

For example, Tesco PLC's adjusted earnings per share data for the fiscal year that ended in Feb17 was:

Adj_EPS=Earnigns per Share/CPI of Feb17 (Change)*Current CPI (Feb17)
=-0.01875/243.603*243.603
=-0.019

Current CPI (Feb17) = 243.603.

Tesco PLC Annual Data

200802200902201002201102201202201302201402201502201602201702
per share eps 1.5681.1691.3691.5971.6520.0170.599-3.30.073-0.0
CPI 211.693212.193216.741221.309227.663232.166234.781234.722237.111243.603
Adj_EPS 1.8041.3421.5381.7581.7680.0180.622-3.3830.075-0.019

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.

Tesco PLC Annual Data

Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16Feb17
ShillerPE 23.0017.5320.0117.1612.0714.7913.3815.9013.4717.26

Tesco PLC Semi-Annual Data

Aug12Feb13Aug13Feb14Aug14Feb15Aug15Feb16Aug16Feb17
ShillerPE 10.5214.790.0013.380.0015.900.0013.470.0017.26
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