Switch to:
GuruFocus has detected 3 Warning Signs with Novogen Ltd $NVGN.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Novogen Ltd (NAS:NVGN)
Shiller PE Ratio
(As of Today)

As of today, Novogen Ltd's current share price is $0.94. Novogen Ltd's E10 for the quarter that ended in Dec. 2016 was $-3.12. Novogen Ltd's Shiller P/E Ratio for today is .

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.

Novogen Ltd's adjusted earnings per share data for the three months ended in Dec. 2016 was $-0.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $-3.12 for the trailing ten years ended in Dec. 2016.


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.

Novogen Ltd's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=0.94/-3.12
=

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

Novogen Ltd's E10 for the fiscal year that ended in Jun16 is calculated as:

For example, Novogen Ltd's adjusted earnings per share data for the three months ended in Dec. 2016 was:

Adj_EPS=Earnigns per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=-0.169728141073/241.432*241.432
=-0.170

Current CPI (Dec. 2016) = 241.432.

Novogen Ltd Quarterly Data

201206201212201306201312201406201412201506201512201606201612
per share eps -0.8240.127-0.327-0.473-0.621-0.263-0.331-0.164-0.355-0.170
CPI 229.478229.601233.504233.049238.343234.812238.638236.525241.018241.432
Adj_EPS -0.8670.133-0.338-0.490-0.629-0.271-0.335-0.167-0.356-0.170
200712200803200806200812200906200912201006201012201106201112
per share eps -1.078-1.268-1.091-0.708-1.966-1.307-1.345-1.018-0.6011.159
CPI 210.036213.528218.815210.228215.693215.949217.965219.179225.722225.672
Adj_EPS -1.240-1.433-1.204-0.813-2.201-1.462-1.490-1.121-0.6431.240
200506200509200512200603200606200609200612200703200706200709
per share eps -0.702-0.842-0.627-0.906-0.976-3.286-1.067-0.962-1.021-0.419
CPI 194.500198.800196.800199.800202.900202.900201.800205.352208.352208.490
Adj_EPS -0.872-1.022-0.770-1.095-1.162-3.910-1.276-1.131-1.183-0.485
200212200303200306200309200312200403200406200409200412200503
per share eps -0.457-0.454-0.298-0.473-0.526-0.531-0.555-0.422-0.460-0.655
CPI 180.900184.200183.700185.200184.300187.400189.700189.900190.300193.300
Adj_EPS -0.610-0.595-0.392-0.617-0.689-0.685-0.706-0.536-0.584-0.818

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.

Novogen Ltd Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
ShillerPE 0.000.000.000.000.000.000.400.000.000.00

Novogen Ltd Quarterly Data

Jun12Dec12Jun13Dec13Jun14Dec14Jun15Dec15Jun16Dec16
ShillerPE 0.000.960.400.250.000.000.000.000.000.00
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