Switch to:
GuruFocus has detected 3 Warning Signs with John Wiley & Sons Inc $JW.A.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
John Wiley & Sons Inc (NYSE:JW.A)
Shiller PE Ratio
19.03 (As of Today)

As of today, John Wiley & Sons Inc's current share price is $51.95. John Wiley & Sons Inc's E10 for the quarter that ended in Jan. 2017 was $2.73. John Wiley & Sons Inc's Shiller P/E Ratio for today is 19.03.

JW.A' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.06   Max: 37.43
Current: 18.99

15.06
37.43

During the past 13 years, John Wiley & Sons Inc's highest Shiller P/E Ratio was 37.43. The lowest was 15.06. And the median was 21.51.

JW.A's Shiller PE Ratio is ranked higher than
50% of the 52 Companies
in the Global Publishing industry.

( Industry Median: 19.46 vs. JW.A: 18.99 )

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.

John Wiley & Sons Inc's adjusted earnings per share data for the three months ended in Jan. 2017 was $0.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.73 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.

John Wiley & Sons Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=51.95/2.73
=19.03

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

John Wiley & Sons Inc's E10 for the fiscal year that ended in Apr17 is calculated as:

For example, John Wiley & Sons 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)
=0.82/242.839*242.839
=0.820

Current CPI (Jan. 2017) = 242.839.

John Wiley & Sons Inc Quarterly Data

201501201504201507201510201601201604201607201610201701201704
per share eps 0.7200.7900.5500.7400.6100.5800.530-0.2000.8200.810
CPI 233.707236.599238.654237.838236.916239.261240.628241.729242.839244.524
Adj_EPS 0.7480.8110.5600.7560.6250.5890.535-0.2010.8200.804
201207201210201301201304201307201310201401201404201407201410
per share eps 0.6000.7100.9500.1300.6100.6100.8800.6000.5600.900
CPI 229.104231.317230.280232.531233.596233.546233.916237.072238.250237.433
Adj_EPS 0.6360.7451.0020.1360.6340.6340.9140.6150.5710.920
201001201004201007201010201101201104201107201110201201201204
per share eps 0.7100.4600.7200.8800.7400.4600.8200.8301.0300.780
CPI 216.687218.009218.011218.711220.223224.906225.922226.421226.665230.085
Adj_EPS 0.7960.5120.8020.9770.8160.4970.8810.8901.1030.823
200707200710200801200804200807200810200901200904200907200910
per share eps 0.6800.6500.6700.4900.5000.6700.5700.4100.4500.780
CPI 208.299208.936211.080214.823219.964216.573211.143213.240215.351216.177
Adj_EPS 0.7930.7550.7710.5540.5520.7510.6560.4670.5070.876

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.

John Wiley & Sons Inc Annual Data

Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16Apr17
ShillerPE 30.2220.6023.1424.9419.5415.7722.4521.3518.100.00

John Wiley & Sons Inc Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
ShillerPE 24.1121.3519.7119.3215.5618.1020.9919.1620.160.00
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