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Kratos Defense & Security Solutions Inc (NAS:KTOS)
Shiller PE Ratio
(As of Today)

As of today, Kratos Defense & Security Solutions Inc's current share price is $10.76. Kratos Defense & Security Solutions Inc's E10 for the quarter that ended in Mar. 2017 was $-2.60. Kratos Defense & Security Solutions Inc's Shiller P/E Ratio for today is .

During the past 13 years, Kratos Defense & Security Solutions Inc's highest Shiller P/E Ratio was 12.20. The lowest was 0.00. And the median was 3.83.

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.

Kratos Defense & Security Solutions Inc's adjusted earnings per share data for the three months ended in Mar. 2017 was $-0.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $-2.60 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.

Kratos Defense & Security Solutions Inc's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=10.76/-2.60
=

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

Kratos Defense & Security Solutions Inc's E10 for the fiscal year that ended in Dec16 is calculated as:

For example, Kratos Defense & Security Solutions 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)
=-0.13/243.985*243.985
=-0.130

Current CPI (Mar. 2017) = 243.985.

Kratos Defense & Security Solutions Inc Quarterly Data

201412201503201506201509201512201603201606201609201612201703
per share eps -0.030-0.280-0.2500.920-0.060-0.370-0.170-0.390-0.050-0.130
CPI 234.812236.119238.638237.945236.525238.132241.018241.428241.432243.985
Adj_EPS -0.031-0.289-0.2560.943-0.062-0.379-0.172-0.394-0.051-0.130
201206201209201212201303201306201309201312201403201406201409
per share eps -0.410-0.070-1.880-0.182-0.170-0.170-0.130-0.260-0.869-0.190
CPI 229.478231.407229.601232.773233.504234.149233.049236.293238.343238.031
Adj_EPS -0.436-0.074-1.998-0.191-0.178-0.177-0.136-0.268-0.890-0.195
200912201003201006201009201012201103201106201109201112201203
per share eps 0.1800.0200.6500.190-0.010-0.170-0.220-0.220-0.263-0.090
CPI 215.949217.631217.965218.439219.179223.467225.722226.889225.672229.392
Adj_EPS 0.2030.0220.7280.212-0.011-0.186-0.238-0.237-0.284-0.096
200706200709200712200803200806200809200812200903200906200909
per share eps 0.600-1.800-1.500-0.2000.100-0.020-11.810-3.290-0.1900.190
CPI 208.352208.490210.036213.528218.815218.783210.228212.709215.693215.969
Adj_EPS 0.703-2.106-1.742-0.2290.112-0.022-13.706-3.774-0.2150.215

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.

Kratos Defense & Security Solutions Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ShillerPE 0.000.000.000.000.000.000.000.000.000.00

Kratos Defense & Security Solutions Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ShillerPE 0.000.000.000.000.000.000.000.000.000.00
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