Switch to:
GuruFocus has detected 2 Warning Signs with Barnes & Noble Inc $BKS.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Barnes & Noble Inc (NYSE:BKS)
Shiller PE Ratio
(As of Today)

As of today, Barnes & Noble Inc's current share price is $6.87. Barnes & Noble Inc's E10 for the quarter that ended in Jan. 2017 was $-0.30. Barnes & Noble Inc's Shiller P/E Ratio for today is .

During the past 13 years, Barnes & Noble Inc's highest Shiller P/E Ratio was 224.33. The lowest was 0.00. And the median was 10.62.

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.

Barnes & Noble Inc's adjusted earnings per share data for the three months ended in Jan. 2017 was $0.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $-0.30 for the trailing ten years ended in Jan. 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.

Barnes & Noble Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=6.87/-0.30
=

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

Barnes & Noble Inc's E10 for the fiscal year that ended in Apr16 is calculated as:

For example, Barnes & Noble Inc's adjusted earnings per share data for the three months ended in Jan. 2017 was:

Adj_EPS=Earnigns per Share/CPI of Jan. 2017 (Change)*Current CPI (Jan. 2017)
=0.96/242.839*242.839
=0.960

Current CPI (Jan. 2017) = 242.839.

Barnes & Noble Inc Quarterly Data

201410201501201504201507201510201601201604201607201610201701
per share eps 0.1200.960-0.370-0.680-0.5201.040-0.430-0.200-0.2900.960
CPI 237.433233.707236.599238.654237.838236.916239.261240.628241.729242.839
Adj_EPS 0.1230.998-0.380-0.692-0.5311.066-0.436-0.202-0.2910.960
201204201207201210201301201304201307201310201401201404201407
per share eps -1.010-0.760-0.070-0.140-2.050-1.5600.1500.860-0.720-0.560
CPI 230.085229.104231.317230.280232.531233.596233.546233.916237.072238.250
Adj_EPS -1.066-0.806-0.073-0.148-2.141-1.6220.1560.893-0.738-0.571
200910201001201004201007201010201101201104201107201110201201
per share eps -0.4301.380-0.560-1.120-0.2201.000-0.960-0.990-0.1700.710
CPI 216.177216.687218.009218.011218.711220.223224.906225.922226.421226.665
Adj_EPS -0.4831.547-0.624-1.248-0.2441.103-1.037-1.064-0.1820.761
200704200707200710200801200804200807200810200901200904200907
per share eps -0.0300.2600.0701.720-0.0400.270-0.3401.410-0.0500.210
CPI 206.686208.299208.936211.080214.823219.964216.573211.143213.240215.351
Adj_EPS -0.0350.3030.0811.979-0.0450.298-0.3811.622-0.0570.237

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.

Barnes & Noble Inc Annual Data

Jan07Jan08Jan09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
ShillerPE 17.1913.476.669.574.6910.2914.4225.4770.950.00

Barnes & Noble Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
ShillerPE 40.7460.9370.95150.80214.760.000.000.000.000.00
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)

GF Chat

{{numOfNotice}}
FEEDBACK