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TAL Education Group (NYSE:XRS)
Shiller P/E Ratio
0.00 (As of Today)

As of today, TAL Education Group's current share price is $34.20. TAL Education Group's E10 for the quarter that ended in May. 2014 was $0.00. TAL Education Group's Shiller P/E Ratio for today is 0.00.

XRS' s 10-Year Shiller P/E Ratio Range
Min: 0   Max: 2.1
Current: 0

0
2.1

During the past 6 years, TAL Education Group's highest Shiller P/E Ratio was 2.10. The lowest was 0.00. And the median was 1.24.

XRS's Shiller P/E Ratiois ranked lower than
59% of the 129 Companies
in the Global Education & Training Services industry.

( Industry Median: 9999.00 vs. XRS: 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.

TAL Education Group's adjusted earnings per share data for the three months ended in May. 2014 was $. 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 $0.00 for the trailing six years ended in May. 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.

TAL Education Group's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=/
=

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

TAL Education Group's E10 for the fiscal year that ended in Feb. 2014 is calculated as:


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.

TAL Education Group Annual Data

Feb09Feb10Feb11Feb12Feb13Feb14
ShillerPE 0.000.000.000.000.000.000.000.000.000.00

TAL Education Group Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
ShillerPE 0.000.000.000.000.000.000.000.000.000.00
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