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Sprott Physical Gold and Silver Trust (Sprott Physical Gold and Silver Trust) Shiller PE Ratio : 44.16 (As of Apr. 26, 2024)


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What is Sprott Physical Gold and Silver Trust Shiller PE Ratio?

As of today (2024-04-26), Sprott Physical Gold and Silver Trust's current share price is $21.64. Sprott Physical Gold and Silver Trust's E10 for the quarter that ended in Dec. 2023 was $0.49. Sprott Physical Gold and Silver Trust's Shiller PE Ratio for today is 44.16.

The historical rank and industry rank for Sprott Physical Gold and Silver Trust's Shiller PE Ratio or its related term are showing as below:

CEF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.46   Med: 53.34   Max: 1093.5
Current: 37.96

During the past years, Sprott Physical Gold and Silver Trust's highest Shiller PE Ratio was 1093.50. The lowest was 17.46. And the median was 53.34.

CEF's Shiller PE Ratio is ranked worse than
91.03% of 758 companies
in the Asset Management industry
Industry Median: 12.595 vs CEF: 37.96

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.

Sprott Physical Gold and Silver Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sprott Physical Gold and Silver Trust Shiller PE Ratio Historical Data

The historical data trend for Sprott Physical Gold and Silver Trust'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.

Sprott Physical Gold and Silver Trust Shiller PE Ratio Chart

Sprott Physical Gold and Silver Trust Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.59 59.20 - - 38.89

Sprott Physical Gold and Silver Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 121.48 52.78 38.89

Competitive Comparison of Sprott Physical Gold and Silver Trust's Shiller PE Ratio

For the Asset Management subindustry, Sprott Physical Gold and Silver Trust'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.


Sprott Physical Gold and Silver Trust's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott Physical Gold and Silver Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sprott Physical Gold and Silver Trust's Shiller PE Ratio falls into.



Sprott Physical Gold and Silver Trust 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.

Sprott Physical Gold and Silver Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=21.64/0.49
=44.16

* 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.

Sprott Physical Gold and Silver Trust's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Sprott Physical Gold and Silver Trust's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.83/125.4675*125.4675
=1.830

Current CPI (Dec. 2023) = 125.4675.

Sprott Physical Gold and Silver Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201401 -1.370 97.261 -1.767
201404 0.230 98.920 0.292
201407 0.390 99.315 0.493
201410 -2.190 99.473 -2.762
201501 0.850 98.209 1.086
201504 -0.660 99.710 -0.830
201507 -1.150 100.579 -1.435
201510 0.590 100.500 0.737
201601 -0.690 100.184 -0.864
201604 2.280 101.370 2.822
201607 1.010 101.844 1.244
201610 -1.170 102.002 -1.439
201701 -0.540 102.318 -0.662
201704 0.380 103.029 0.463
201707 -0.200 103.029 -0.244
201710 0.015 103.424 0.018
201803 -0.395 105.004 -0.472
201806 -0.580 105.557 -0.689
201809 -0.850 105.636 -1.010
201812 0.700 105.399 0.833
201903 -0.060 106.979 -0.070
201906 0.800 107.690 0.932
201909 0.890 107.611 1.038
201912 0.540 107.769 0.629
202003 -0.770 107.927 -0.895
202006 2.510 108.401 2.905
202009 2.010 108.164 2.332
202012 0.900 108.559 1.040
202103 -1.840 110.298 -2.093
202106 0.860 111.720 0.966
202109 -1.190 112.905 -1.322
202112 0.760 113.774 0.838
202203 1.100 117.646 1.173
202206 -2.110 120.806 -2.191
202209 -1.340 120.648 -1.394
202212 2.360 120.964 2.448
202303 0.980 122.702 1.002
202306 -0.710 124.203 -0.717
202309 -0.650 125.230 -0.651
202312 1.830 125.468 1.830

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.


Sprott Physical Gold and Silver Trust  (ARCA:CEF) 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.


Sprott Physical Gold and Silver Trust Shiller PE Ratio Related Terms

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Sprott Physical Gold and Silver Trust (Sprott Physical Gold and Silver Trust) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 2600, P.O. Box 26, Royal Bank Plaza, South Tower, Calgary, AB, CAN, M5J 2J1
Sprott Physical Gold and Silver Trust is a closed-end mutual fund trust. The trust invests and holds all of its assets in physical gold and silver bullion and seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical bullion without the inconvenience that is typical of direct investment.

Sprott Physical Gold and Silver Trust (Sprott Physical Gold and Silver Trust) Headlines

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