Switch to:
GuruFocus has detected 2 Warning Signs with TSR Inc \$TSRI.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
TSR Inc (NAS:TSRI)
Shiller PE Ratio
35.67 (As of Today)

As of today, TSR Inc's current share price is \$5.35. TSR Inc's E10 for the quarter that ended in Feb. 2017 was \$0.15. TSR Inc's Shiller P/E Ratio for today is 35.67.

TSRI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.67   Max: 43.39
Current: 35.7

2.67
43.39

During the past 13 years, TSR Inc's highest Shiller P/E Ratio was 43.39. The lowest was 2.67. And the median was 6.49.

TSRI's Shiller PE Ratio is ranked higher than
56% of the 291 Companies
in the Global Software - Application industry.

( Industry Median: 38.24 vs. TSRI: 35.70 )

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.

TSR Inc's adjusted earnings per share data for the three months ended in Feb. 2017 was \$-0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is \$0.15 for the trailing ten years ended in Feb. 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.

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

 Shiller P/E Ratio = Share Price / E10 = 5.35 / 0.15 = 35.67

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

TSR Inc's E10 for the fiscal year that ended in May16 is calculated as:

For example, TSR Inc's adjusted earnings per share data for the three months ended in Feb. 2017 was:

 Adj_EPS = Earnigns per Share / CPI of Feb. 2017 (Change) * Current CPI (Feb. 2017) = -0.03 / 243.603 * 243.603 = -0.030

Current CPI (Feb. 2017) = 243.603.

TSR Inc Quarterly Data

 201411 201502 201505 201508 201511 201602 201605 201608 201611 201702 per share eps 0.07 -0.04 0.06 0.07 0.06 -0.01 0.08 0.08 0.06 -0.03 CPI 236.151 234.722 237.805 238.316 237.336 237.111 240.229 240.849 241.353 243.603 Adj_EPS 0.072 -0.042 0.061 0.072 0.062 -0.01 0.081 0.081 0.061 -0.03 201205 201208 201211 201302 201305 201308 201311 201402 201405 201408 per share eps -0.02 -0.05 -0.09 -0.13 0.01 0.01 0.02 -0.05 -0.02 0.01 CPI 229.815 230.379 230.221 232.166 232.945 233.877 233.069 234.781 237.9 237.852 Adj_EPS -0.021 -0.053 -0.095 -0.136 0.01 0.01 0.021 -0.052 -0.02 0.01 200911 201002 201005 201008 201011 201102 201105 201108 201111 201202 per share eps 0.04 0 0 0.01 0.07 -0.03 0.05 0.02 0.02 -0.05 CPI 216.33 216.741 218.178 218.312 218.803 221.309 225.964 226.545 226.23 227.663 Adj_EPS 0.045 0 0 0.011 0.078 -0.033 0.054 0.022 0.022 -0.054 200705 200708 200711 200802 200805 200808 200811 200902 200905 200908 per share eps 0.14 0.2 0.16 0.1 0.1 0.1 0.1 0.04 0.06 0.04 CPI 207.949 207.917 210.177 211.693 216.632 219.086 212.425 212.193 213.856 215.834 Adj_EPS 0.164 0.234 0.185 0.115 0.112 0.111 0.115 0.046 0.068 0.045

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.

TSR Inc Annual Data

 May07 May08 May09 May10 May11 May12 May13 May14 May15 May16 ShillerPE 5.81 5.44 3.12 0.00 6.18 6.70 6.83 8.81 16.84 19.79

TSR Inc Quarterly Data

 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 ShillerPE 11.57 16.34 16.84 19.93 24.38 19.72 19.79 36.73 34.64 36.70
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)