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Empire District Electric Co (Empire District Electric Co) Shiller PE Ratio : 24.70 (As of Apr. 26, 2024)


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What is Empire District Electric Co Shiller PE Ratio?

As of today (2024-04-26), Empire District Electric Co's current share price is $34.09. Empire District Electric Co's E10 for the quarter that ended in Sep. 2016 was $1.38. Empire District Electric Co's Shiller PE Ratio for today is 24.70.

The historical rank and industry rank for Empire District Electric Co's Shiller PE Ratio or its related term are showing as below:

EDE's Shiller PE Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: 16.12
* Ranked among companies with meaningful Shiller PE Ratio only.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Empire District Electric Co's adjusted earnings per share data for the three months ended in Sep. 2016 was $0.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.38 for the trailing ten years ended in Sep. 2016.

Shiller PE for Stocks: The True Measure of Stock Valuation


Empire District Electric Co Shiller PE Ratio Historical Data

The historical data trend for Empire District Electric Co's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Empire District Electric Co Shiller PE Ratio Chart

Empire District Electric Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.75 16.04 17.72 22.16 20.61

Empire District Electric Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.21 20.61 23.61 24.22 24.80

Competitive Comparison of Empire District Electric Co's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, Empire District Electric Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Empire District Electric Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empire District Electric Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Empire District Electric Co's Shiller PE Ratio falls into.



Empire District Electric Co Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Empire District Electric Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=34.09/1.38
=24.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Empire District Electric Co's E10 for the quarter that ended in Sep. 2016 is calculated as:

For example, Empire District Electric Co's adjusted earnings per share data for the three months ended in Sep. 2016 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=0.62/101.8610*101.8610
=0.620

Current CPI (Sep. 2016) = 101.8610.

Empire District Electric Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200612 0.270 85.142 0.323
200703 0.150 86.640 0.176
200706 0.190 87.906 0.220
200709 0.760 87.964 0.880
200712 -0.020 88.616 -0.023
200803 0.210 90.090 0.237
200806 0.140 92.320 0.154
200809 0.590 92.307 0.651
200812 0.220 88.697 0.253
200903 0.320 89.744 0.363
200906 0.220 91.003 0.246
200909 0.430 91.120 0.481
200912 0.210 91.111 0.235
201003 0.220 91.821 0.244
201006 0.180 91.962 0.199
201009 0.550 92.162 0.608
201012 0.200 92.474 0.220
201103 0.290 94.283 0.313
201106 0.220 95.235 0.235
201109 0.600 95.727 0.638
201112 0.200 95.213 0.214
201203 0.230 96.783 0.242
201206 0.250 96.819 0.263
201209 0.600 97.633 0.626
201212 0.230 96.871 0.242
201303 0.300 98.209 0.311
201306 0.270 98.518 0.279
201309 0.560 98.790 0.577
201312 0.350 98.326 0.363
201403 0.480 99.695 0.490
201406 0.260 100.560 0.263
201409 0.550 100.428 0.558
201412 0.260 99.070 0.267
201503 0.340 99.621 0.348
201506 0.150 100.684 0.152
201509 0.580 100.392 0.588
201512 0.220 99.792 0.225
201603 0.320 100.470 0.324
201606 0.210 101.688 0.210
201609 0.620 101.861 0.620

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Empire District Electric Co  (NYSE:EDE) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio 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 PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio 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, Shiller PE Ratio and PS Ratio will give false valuations.


Empire District Electric Co Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Empire District Electric Co's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Empire District Electric Co (Empire District Electric Co) Business Description

Traded in Other Exchanges
N/A
Address
Empire District Electric Co is a Kansas corporation organized in 1909. The Company is an operating public utility engaged in the generation, purchase, transmission, distribution and sale of electricity in parts of Missouri, Kansas, Oklahoma and Arkansas. The Company operates its businesses as three segments; Electric, Gas and Other. The Company also provides water service to three towns in Missouri. The Company, along with its subsidiary The Empire District Gas Company, is engaged in the distribution of natural gas in Missouri. The Other segment consists of fiber optics business. As of December 31, 2013 the Company's electric operations serve approximately 168,800 customers and gas operations serve approximately 44,000 customers. The territory served by electric operations embraces an area of about 10,000 square miles, located principally in southwestern Missouri, and also includes smaller areas in southeastern Kansas, northeastern Oklahoma and northwestern Arkansas. The Company supplies electric service at retail to 119 incorporated communities as of December 31, 2013, and to various unincorporated areas and at wholesale to four municipally owned distribution systems. The Company operates under franchises having original terms of twenty years or longer in the incorporated communities. The three largest classes of on-system customers are residential, commercial and industrial. The largest single on-system wholesale customer is the city of Monett, Missouri. The Company currently supplements its on-system generating capacity with purchases of capacity and energy from other sources in order to meet the demands of its customers and the capacity margins applicable under current pooling agreements and National Electric Reliability Council rules. The generating facilities consist of three coal-fired generating plants, two natural gas generating plants and one hydroelectric generating plant. The Company's gas operations serve customers in northwest, north central and west central Missouri. As of December 31, 2013, gas operations served approximately 44,000 customers. The Company provides natural gas distribution to 48 communities and 377 transportation customers as of December 31, 2013. At December 31, 2013 the principal gas utility properties of the Company consisted of approximately 87 miles of transmission mains and approximately 1,160 miles of distribution mains. The three pipelines that serve the Company's gas customers are Southern Star Central Gas Pipeline, Panhandle Eastern Pipe Line Company and ANR Pipeline Company. The Company is subject to the jurisdiction of the Missouri Public Service Commission (MPSC), the State Corporation Commission of the State of Kansas (KCC), the Corporation Commission of Oklahoma (OCC) and the Arkansas Public Service Commission (APSC) with respect to services and facilities, rates and charges, regulatory accounting, valuation of property, depreciation and various other matters.
Executives
Herbert J Schmidt director 1950 LAKE RIDGE DRIVE, THE VILLAGES FL 32162
Ross C Hartley director P O BOX 477 TENTON VILLAGE WY 83025
Thomas M Ohlmacher director P O BOX 1400, RAPID CITY SD 57709-1400
Bonnie Cruickshank Lind director 3460 PRESTON RIDGE ROAD, ALPHARETTA GA 30005
Francis E Jeffries director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536