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Fenix Resources (ASX:FEX) Shiller PE Ratio : (As of May. 03, 2024)


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What is Fenix Resources Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fenix Resources Shiller PE Ratio Historical Data

The historical data trend for Fenix Resources'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.

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Fenix Resources Shiller PE Ratio Chart

Fenix Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 81.44

Fenix Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - 81.44 -

Competitive Comparison of Fenix Resources's Shiller PE Ratio

For the Steel subindustry, Fenix Resources'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.


Fenix Resources's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Fenix Resources's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fenix Resources's Shiller PE Ratio falls into.



Fenix Resources 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.

Fenix Resources's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Fenix Resources's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.048/124.1700*124.1700
=0.048

Current CPI (Jun23) = 124.1700.

Fenix Resources Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.008 98.352 -0.010
201506 -0.074 99.838 -0.092
201606 -0.041 100.859 -0.050
201706 -0.012 102.809 -0.014
201806 -0.021 104.945 -0.025
201906 -0.017 106.617 -0.020
202006 -0.005 106.246 -0.006
202106 0.097 110.332 0.109
202206 0.090 117.112 0.095
202306 0.048 124.170 0.048

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.


Fenix Resources  (ASX:FEX) 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.


Fenix Resources Shiller PE Ratio Related Terms

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Fenix Resources (ASX:FEX) Business Description

Traded in Other Exchanges
N/A
Address
1202 Hay Street, Office 10, Emerald House, Perth, WA, AUS, 6005
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has three reportable segments: the Iron Ridge Project, Fenix-Newhaul and Trucking Joint Venture. It is involved in the exploration of iron, base metals, and precious metals in Western Australia. The majority of the revenue is generated from Western Australia's iron ore mining. Its Iron Ridge Project is located approximately 600 km north-northeast of Perth and approximately 67 km northeast of the township of Cue in the Murchison region.