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Shiller PE Ratio
265.04 (As of Today)

As of today, CBS Corp's current share price is $63.61. CBS Corp's E10 for the quarter that ended in Mar. 2017 was $0.24. CBS Corp's Shiller P/E Ratio for today is 265.04.

CBS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 127.28   Max: 289
Current: 261.22


During the past 13 years, CBS Corp's highest Shiller P/E Ratio was 289.00. The lowest was 127.28. And the median was 156.79.

CBS's Shiller PE Ratio is ranked lower than
95% of the 84 Companies
in the Global Media - Diversified industry.

( Industry Median: 24.36 vs. CBS: 261.22 )

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.

CBS Corp's adjusted earnings per share data for the three months ended in Mar. 2017 was $-0.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.24 for the trailing ten years ended in Mar. 2017.


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.

CBS Corp'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 local exchange's currency.

CBS Corp's E10 for the fiscal year that ended in Dec16 is calculated as:

For example, CBS Corp's adjusted earnings per share data for the three months ended in Mar. 2017 was:

Adj_EPS=Earnigns per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)

Current CPI (Mar. 2017) = 243.801.

CBS Corp Quarterly Data

per share eps 0.8300.7800.6700.8800.5601.0200.9301.070-0.210-0.610
CPI 234.812236.119238.638237.945236.525238.132241.018241.428241.432243.801
Adj_EPS 0.8620.8050.6840.9020.5771.0440.9411.081-0.212-0.610
per share eps 0.6500.6000.6100.6900.7600.8000.7600.7800.7603.030
CPI 229.478231.407229.601232.773233.504234.149233.049236.293238.343238.031
Adj_EPS 0.6910.6320.6480.7230.7940.8330.7950.8050.7773.103
per share eps 0.080-0.0400.2200.4600.4000.2900.5800.5000.5600.540
CPI 215.949217.631217.965218.439219.179223.467225.722226.889225.672229.392
Adj_EPS 0.090-0.0450.2460.5130.4450.3160.6260.5370.6050.574
per share eps 0.5500.4800.4300.3600.610-18.5800.210-0.0800.0200.300
CPI 208.352208.490210.036213.528218.815218.783210.228212.709215.693215.969
Adj_EPS 0.6440.5610.4990.4110.680-20.7050.244-0.0920.0230.339

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.

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.

CBS Corp Annual Data


CBS Corp Quarterly Data

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