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Trio-Tech International (AMEX:TRT)
Shiller PE Ratio
(As of Today)

As of today, Trio-Tech International's current share price is $5.38. Trio-Tech International's E10 for the quarter that ended in Mar. 2017 was $-0.18. Trio-Tech International's Shiller P/E Ratio for today is .

During the past 13 years, Trio-Tech International's highest Shiller P/E Ratio was 56.33. The lowest was 0.00. And the median was 15.10.

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.

Trio-Tech International's adjusted earnings per share data for the three months ended in Mar. 2017 was $0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $-0.18 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.

Trio-Tech International's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10
=5.38/-0.18
=

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

Trio-Tech International's E10 for the fiscal year that ended in Jun16 is calculated as:

For example, Trio-Tech International'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)
=0.1/243.985*243.985
=0.100

Current CPI (Mar. 2017) = 243.985.

Trio-Tech International Quarterly Data

201412201503201506201509201512201603201606201609201612201703
per share eps 0.0300.0600.1000.0800.0500.0400.0500.0800.0900.100
CPI 234.812236.119238.638237.945236.525238.132241.018241.428241.432243.985
Adj_EPS 0.0310.0620.1020.0820.0520.0410.0510.0810.0910.100
201206201209201212201303201306201309201312201403201406201409
per share eps -0.180-0.010-0.150-0.1600.010-0.010-0.1000.0500.070-0.040
CPI 229.478231.407229.601232.773233.504234.149233.049236.293238.343238.031
Adj_EPS -0.191-0.011-0.159-0.1680.010-0.010-0.1050.0520.072-0.041
200912201003201006201009201012201103201106201109201112201203
per share eps -0.1100.0100.1200.1400.050-0.140-0.280-0.240-0.360-0.160
CPI 215.949217.631217.965218.439219.179223.467225.722226.889225.672229.392
Adj_EPS -0.1240.0110.1340.1560.056-0.153-0.303-0.258-0.389-0.170
200706200709200712200803200806200809200812200903200906200909
per share eps 0.2000.2300.050-0.440-0.150-0.220-0.130-0.050-0.205-0.130
CPI 208.352208.490210.036213.528218.815218.783210.228212.709215.693215.969
Adj_EPS 0.2340.2690.058-0.503-0.167-0.245-0.151-0.057-0.232-0.147

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.

Trio-Tech International Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
ShillerPE 48.1113.698.6615.9618.626.5312.9016.1213.890.00

Trio-Tech International Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ShillerPE 14.2712.8613.8910.390.000.000.000.000.000.00
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