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Tiffany & Co (NYSE:TIF)
Shiller PE Ratio
28.44 (As of Today)

As of today, Tiffany & Co's current share price is $86.18. Tiffany & Co's E10 for the quarter that ended in Apr. 2017 was $3.03. Tiffany & Co's Shiller P/E Ratio for today is 28.44.

TIF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.95   Max: 40.72
Current: 28.48

9.95
40.72

During the past 13 years, Tiffany & Co's highest Shiller P/E Ratio was 40.72. The lowest was 9.95. And the median was 27.99.

TIF's Shiller PE Ratio is ranked lower than
68% of the 243 Companies
in the Global Luxury Goods industry.

( Industry Median: 20.72 vs. TIF: 28.48 )

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.

Tiffany & Co's adjusted earnings per share data for the three months ended in Apr. 2017 was $0.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.03 for the trailing ten years ended in Apr. 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.

Tiffany & Co's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=86.18/3.03
=28.44

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

Tiffany & Co's E10 for the fiscal year that ended in Jan17 is calculated as:

For example, Tiffany & Co's adjusted earnings per share data for the three months ended in Apr. 2017 was:

Adj_EPS=Earnigns per Share/CPI of Apr. 2017 (Change)*Current CPI (Apr. 2017)
=0.74/244.176*244.176
=0.740

Current CPI (Apr. 2017) = 244.176.

Tiffany & Co Quarterly Data

201501201504201507201510201601201604201607201610201701201704
per share eps 1.5100.8100.8100.7001.2700.6900.8400.7601.2600.740
CPI 233.707236.599238.654237.838236.916239.261240.628241.729242.839244.176
Adj_EPS 1.5780.8360.8290.7191.3090.7040.8520.7681.2670.740
201207201210201301201304201307201310201401201404201407201410
per share eps 0.7200.4901.4000.6500.8300.730-0.8100.9700.9600.290
CPI 229.104231.317230.280232.531233.596233.546233.916237.072238.250237.433
Adj_EPS 0.7670.5171.4840.6830.8680.763-0.8460.9990.9840.298
201001201004201007201010201101201104201107201110201201201204
per share eps 1.1100.5000.5300.4301.4100.6300.6900.7001.3800.640
CPI 216.687218.009218.011218.711220.223224.906225.922226.421226.665230.085
Adj_EPS 1.2510.5600.5940.4801.5630.6840.7460.7551.4870.679
200707200710200801200804200807200810200901200904200907200910
per share eps 0.2600.7300.9400.5000.6300.3500.2500.2000.4600.350
CPI 208.299208.936211.080214.823219.964216.573211.143213.240215.351216.177
Adj_EPS 0.3050.8531.0870.5680.6990.3950.2890.2290.5220.395

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.

Tiffany & Co Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
ShillerPE 24.2312.0121.8328.7428.0726.5333.5033.3223.0126.26

Tiffany & Co Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
ShillerPE 33.3232.7234.9529.8423.0125.1622.1524.5326.2630.29
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