ZOLT has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today, Zoltek Companies, Inc.'s current share price is $16.73. Zoltek Companies, Inc.'s E10 for the quarter that ended in Dec. 2013 was $0.08. Zoltek Companies, Inc.'s Shiller P/E Ratio for today is 209.13.
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.
Zoltek Companies, Inc.'s adjusted earnings per share data for the three months ended in Dec. 2013 was $-0.070. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.08 for the trailing ten years ended in Dec. 2013.
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.
Zoltek Companies, Inc.'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.
Zoltek Companies, Inc.'s E10 for the fiscal year that ended in Sep13 is calculated as:
For example, Zoltek Companies, Inc.'s adjusted earnings per share data for the three months ended in Dec. 2013 was:
|Adj_EPS||=||Earnigns per Share||/||CPI of Dec. 2013 (Change)||*||Current CPI (Dec. 2013)|
Current CPI (Dec. 2013) = 233.049.
Zoltek Companies, Inc. Quarterly Data
|per share eps||0.133||0.280||0.100||0.160||0.123||0.090||0.090||-0.030||-0.004||-0.070|
|per share eps||0.010||-0.040||-0.110||-0.010||-0.140||-0.010||-0.012||-0.050||-0.150||-0.040|
|per share eps||-0.891||-0.230||0.000||0.170||-0.058||0.080||0.130||0.070||-0.052||0.020|
|per share eps||-0.590||-0.120||-0.619||-1.820||-0.230||-0.140||-0.582||0.030||-1.310||-0.910|
Add all the adjusted EPS together and divide 10 will get our E10.
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.
The Shiller P/E assumes that over the long term, businesses and profitability revert to their means. If a companys business model does not work in the future compared with the past, the Shiller P/E and P/S ratio will give false valuations.
Zoltek Companies, Inc. Annual Data
Zoltek Companies, Inc. Quarterly Data
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.