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R.R.Donnelley & Sons Co (NYSE:RRD)
Shiller PE Ratio
(As of Today)

As of today, R.R.Donnelley & Sons Co's current share price is $11.99. R.R.Donnelley & Sons Co's E10 for the quarter that ended in Mar. 2017 was $-1.68. R.R.Donnelley & Sons Co's Shiller P/E Ratio for today is .

During the past 13 years, R.R.Donnelley & Sons Co's highest Shiller P/E Ratio was 407.25. The lowest was 2.87. And the median was 12.31.

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.

R.R.Donnelley & Sons Co's adjusted earnings per share data for the three months ended in Mar. 2017 was $-0.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $-1.68 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.

R.R.Donnelley & Sons Co's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=11.99/-1.68
=

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

R.R.Donnelley & Sons Co's E10 for the fiscal year that ended in Dec16 is calculated as:

For example, R.R.Donnelley & Sons Co'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)
=-0.71/243.985*243.985
=-0.710

Current CPI (Mar. 2017) = 243.985.

R.R.Donnelley & Sons Co Quarterly Data

201412201503201506201509201512201603201606201609201612201703
per share eps 0.3000.3300.6300.2061.0490.570-0.210-0.100-7.350-0.710
CPI 234.812236.119238.638237.945236.525238.132241.018241.428241.432243.985
Adj_EPS 0.3120.3410.6440.2111.0820.584-0.213-0.101-7.428-0.710
201206201209201212201303201306201309201312201403201406201409
per share eps 1.4701.170-14.1300.4501.0800.2401.710-0.4500.9600.930
CPI 229.478231.407229.601232.773233.504234.149233.049236.293238.343238.031
Adj_EPS 1.5631.234-15.0150.4721.1280.2501.790-0.4650.9830.953
200912201003201006201009201012201103201106201109201112201203
per share eps -1.1400.7501.2600.7500.3900.4800.1802.490-4.9800.630
CPI 215.949217.631217.965218.439219.179223.467225.722226.889225.672229.392
Adj_EPS -1.2880.8411.4100.8380.4340.5240.1952.678-5.3840.670
200706200709200712200803200806200809200812200903200906200909
per share eps -0.9602.400-4.0202.5502.0702.400-9.7200.2100.3600.180
CPI 208.352208.490210.036213.528218.815218.783210.228212.709215.693215.969
Adj_EPS -1.1242.809-4.6702.9142.3082.676-11.2810.2410.4070.203

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.

R.R.Donnelley & Sons Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ShillerPE 13.646.4914.3313.7912.6546.26389.160.000.000.00

R.R.Donnelley & Sons Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ShillerPE 0.000.000.000.000.000.000.000.000.000.00
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