GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CAE Inc (NYSE:CAE) » Definitions » Shiller PE Ratio

CAE (CAE) Shiller PE Ratio : 26.82 (As of Apr. 28, 2024)


View and export this data going back to 1996. Start your Free Trial

What is CAE Shiller PE Ratio?

As of today (2024-04-28), CAE's current share price is $19.04. CAE's E10 for the quarter that ended in Dec. 2023 was $0.71. CAE's Shiller PE Ratio for today is 26.82.

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

CAE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.88   Med: 29.52   Max: 47.82
Current: 27.74

During the past years, CAE's highest Shiller PE Ratio was 47.82. The lowest was 16.88. And the median was 29.52.

CAE's Shiller PE Ratio is ranked better than
61.48% of 135 companies
in the Aerospace & Defense industry
Industry Median: 37.9 vs CAE: 27.74

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.

CAE's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.127. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CAE Shiller PE Ratio Historical Data

The historical data trend for CAE'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.

CAE Shiller PE Ratio Chart

CAE Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.58 18.92 41.20 36.74 32.93

CAE 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 28.93 32.93 31.67 33.64 30.48

Competitive Comparison of CAE's Shiller PE Ratio

For the Aerospace & Defense subindustry, CAE'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.


CAE's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CAE's Shiller PE Ratio distribution charts can be found below:

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



CAE 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.

CAE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=19.04/0.71
=26.82

* 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.

CAE's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, CAE'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)
=0.127/125.4675*125.4675
=0.127

Current CPI (Dec. 2023) = 125.4675.

CAE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.207 98.604 0.263
201406 0.148 99.473 0.187
201409 0.145 99.394 0.183
201412 0.173 98.367 0.221
201503 0.190 99.789 0.239
201506 0.137 100.500 0.171
201509 0.196 100.421 0.245
201512 0.153 99.947 0.192
201603 0.166 101.054 0.206
201606 0.194 102.002 0.239
201609 0.137 101.765 0.169
201612 0.187 101.449 0.231
201703 0.179 102.634 0.219
201706 0.165 103.029 0.201
201709 0.179 103.345 0.217
201712 0.415 103.345 0.504
201803 0.232 105.004 0.277
201806 0.198 105.557 0.235
201809 0.176 105.636 0.209
201812 0.216 105.399 0.257
201903 0.344 106.979 0.403
201906 0.173 107.690 0.202
201909 0.211 107.611 0.246
201912 0.281 107.769 0.327
202003 0.208 107.927 0.242
202006 -0.310 108.401 -0.359
202009 -0.015 108.164 -0.017
202012 0.141 108.559 0.163
202103 0.056 110.298 0.064
202106 0.131 111.720 0.147
202109 0.032 112.905 0.036
202112 0.063 113.774 0.069
202203 0.134 117.646 0.143
202206 0.008 120.806 0.008
202209 0.105 120.648 0.109
202212 0.184 120.964 0.191
202303 0.227 122.702 0.232
202306 0.151 124.203 0.153
202309 0.133 125.230 0.133
202312 0.127 125.468 0.127

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.


CAE  (NYSE:CAE) 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.


CAE Shiller PE Ratio Related Terms

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


CAE (CAE) Business Description

Traded in Other Exchanges
Address
8585 Cote de Liesse, Saint-Laurent, QC, CAN, H4T 1G6
CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company's training solutions are provided through products and services. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations. Roughly one-third of sales are from the United States, with the remainder split among several other nations.