Switch to:
GuruFocus has detected 5 Warning Signs with Carrizo Oil & Gas Inc $CRZO.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Carrizo Oil & Gas Inc (NAS:CRZO)
Shiller PE Ratio
(As of Today)

As of today, Carrizo Oil & Gas Inc's current share price is $24.46. Carrizo Oil & Gas Inc's E10 for the quarter that ended in Mar. 2017 was $0.00. Carrizo Oil & Gas Inc's Shiller P/E Ratio for today is .

During the past 13 years, Carrizo Oil & Gas Inc's highest Shiller P/E Ratio was 503.00. The lowest was 0.00. And the median was 277.44.

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.

Carrizo Oil & Gas Inc's adjusted earnings per share data for the three months ended in Mar. 2017 was $0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.00 for the trailing ten years ended in Mar. 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.

Carrizo Oil & Gas Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=24.46/0.00
=

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

Carrizo Oil & Gas Inc's E10 for the fiscal year that ended in Dec16 is calculated as:

For example, Carrizo Oil & Gas Inc'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)
=0/243.985*243.985
=0.000

Current CPI (Mar. 2017) = 243.985.

Carrizo Oil & Gas Inc Quarterly Data

201412201503201506201509201512201603201606201609201612201703
per share eps 2.900-0.460-0.900-13.730-6.870-5.340-4.460-1.7200.2200.000
CPI 234.812236.119238.638237.945236.525238.132241.018241.428241.432243.985
Adj_EPS 3.013-0.475-0.920-14.079-7.087-5.471-4.515-1.7380.2220.000
201206201209201212201303201306201309201312201403201406201409
per share eps 0.710-0.0200.4600.6500.9100.110-0.6200.1300.0501.820
CPI 229.478231.407229.601232.773233.504234.149233.049236.293238.343238.031
Adj_EPS 0.755-0.0210.4890.6810.9510.115-0.6490.1340.0511.866
200912201003201006201009201012201103201106201109201112201203
per share eps -2.2100.6300.0500.370-0.7400.0200.2000.5500.1600.240
CPI 215.949217.631217.965218.439219.179223.467225.722226.889225.672229.392
Adj_EPS -2.4970.7060.0560.413-0.8240.0220.2160.5910.1730.255
200706200709200712200803200806200809200812200903200906200909
per share eps 0.3100.2000.160-0.180-0.4202.120-3.080-4.070-0.190-0.150
CPI 208.352208.490210.036213.528218.815218.783210.228212.709215.693215.969
Adj_EPS 0.3630.2340.186-0.206-0.4682.364-3.575-4.668-0.215-0.169

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.

Carrizo Oil & Gas Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ShillerPE 284.7251.930.000.000.000.000.00266.390.000.00

Carrizo Oil & Gas Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ShillerPE 266.39454.530.000.000.000.000.000.000.000.00
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

FEEDBACK