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Cadiz (CDZI) Shiller PE Ratio : (As of Apr. 25, 2024)


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What is Cadiz Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cadiz Shiller PE Ratio Historical Data

The historical data trend for Cadiz'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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Cadiz Shiller PE Ratio Chart

Cadiz Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Cadiz Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Cadiz's Shiller PE Ratio

For the Utilities - Regulated Water subindustry, Cadiz'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.


Cadiz's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

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

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



Cadiz 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.

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

For example, Cadiz'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)
=-0.12/129.4194*129.4194
=-0.120

Current CPI (Dec. 2023) = 129.4194.

Cadiz Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.290 99.695 -0.376
201406 -0.280 100.560 -0.360
201409 -0.280 100.428 -0.361
201412 -0.300 99.070 -0.392
201503 -0.270 99.621 -0.351
201506 -0.340 100.684 -0.437
201509 -0.330 100.392 -0.425
201512 -0.400 99.792 -0.519
201603 -0.490 100.470 -0.631
201606 -0.310 101.688 -0.395
201609 -0.280 101.861 -0.356
201612 -0.340 101.863 -0.432
201703 -0.330 102.862 -0.415
201706 -0.600 103.349 -0.751
201709 -0.260 104.136 -0.323
201712 -0.310 104.011 -0.386
201803 -0.260 105.290 -0.320
201806 -0.250 106.317 -0.304
201809 -0.260 106.507 -0.316
201812 -0.320 105.998 -0.391
201903 -0.290 107.251 -0.350
201906 -0.280 108.070 -0.335
201909 -0.280 108.329 -0.335
201912 -0.260 108.420 -0.310
202003 -0.660 108.902 -0.784
202006 -0.140 108.767 -0.167
202009 -0.130 109.815 -0.153
202012 -0.220 109.897 -0.259
202103 -0.160 111.754 -0.185
202106 -0.300 114.631 -0.339
202109 -0.220 115.734 -0.246
202112 -0.160 117.630 -0.176
202203 -0.160 121.301 -0.171
202206 -0.130 125.017 -0.135
202209 -0.150 125.227 -0.155
202212 -0.150 125.222 -0.155
202303 -0.190 127.348 -0.193
202306 -0.130 128.729 -0.131
202309 -0.120 129.860 -0.120
202312 -0.120 129.419 -0.120

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.


Cadiz  (NAS:CDZI) 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.


Cadiz Shiller PE Ratio Related Terms

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


Cadiz (CDZI) Business Description

Traded in Other Exchanges
Address
550 South Hope Street, Suite 2850, Los Angeles, CA, USA, 90071
Cadiz Inc is a land and water resource development company in California. Its primary business is to acquire and develop land with water resources for various uses, including groundwater supply, groundwater storage, and agriculture. The company focuses on the development of the Cadiz Valley Water Conservation, Recovery and Storage Project which will capture and conserve native groundwater currently being lost to evaporation from the aquifer system beneath the property of Cadiz and Fenner valleys of eastern San Bernardino County, and deliver it to water providers throughout Southern California. The company operates in two segment- Land and Water Resources and ATEC Water Systems LLC.
Executives
Susan P Kennedy director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Winston H Hickox director C/O THOMAS PROPERTIES GROUP, INC., 515 SOUTH FLOWER STREET, 6TH FLOOR, LOS ANGELES CA 90071
Maria S. Dreyfus director 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Scott S Slater director, officer: Chief Executive Officer 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Heerema International Group Services Sa 10 percent owner ROUTE DE FLORISSANT 81, GENEVE V8 1206
Kenneth T Lombard director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Richard Garcia Polanco director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Stephen E Courter director C/O CADIZ INC., 550 SOUTH HOPE STREET, 2850, LOS ANGELES X1 90071
Webb De Macias Carolyn D director 304 NORTH ALMANSOR STREET, ALHAMBRA CA 91801
Maria Echaveste director 1511 ARCH STREET, BERKELEY CA 94708
Odey Asset Management Llp 10 percent owner 18 UPPER BROOK STREET, LONDON, UNITED KINGDOM X0 W1K 7PU
Odey Holdings Ltd 10 percent owner 18 UPPER BROOK STREET, LONDON X0 W1K 7PU
Odey Robin Crispin William 10 percent owner 18 UPPER BROOK STREET, LONDON, UNITED KINGDOM X0 W1K 7PU
Odey Asset Management Group Ltd 10 percent owner 18 UPPER BROOK STREET, LONDON X0 W1K 7PU
Keith Brackpool director, officer: Chief Executive Officer 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071