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


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What is Goldcorp Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Goldcorp Shiller PE Ratio Historical Data

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

Goldcorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.12 - - - -

Goldcorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 - - - - -

Competitive Comparison of Goldcorp's Shiller PE Ratio

For the Gold subindustry, Goldcorp'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.


Goldcorp's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Goldcorp's Shiller PE Ratio distribution charts can be found below:

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



Goldcorp 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.

Goldcorp's E10 for the quarter that ended in Dec. 2018 is calculated as:

For example, Goldcorp's adjusted earnings per share data for the three months ended in Dec. 2018 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=0.12/105.3990*105.3990
=0.120

Current CPI (Dec. 2018) = 105.3990.

Goldcorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200903 0.400 90.071 0.468
200906 -0.320 90.940 -0.371
200909 0.160 90.624 0.186
200912 0.090 90.703 0.105
201003 0.290 91.335 0.335
201006 0.700 91.809 0.804
201009 0.870 92.362 0.993
201012 0.760 92.836 0.863
201103 0.810 94.338 0.905
201106 0.520 94.654 0.579
201109 0.410 95.286 0.454
201112 0.380 94.970 0.422
201203 0.510 96.155 0.559
201206 0.260 96.076 0.285
201209 0.610 96.392 0.667
201212 0.470 95.760 0.517
201303 0.330 97.103 0.358
201306 -2.380 97.182 -2.581
201309 -0.010 97.419 -0.011
201312 -1.340 96.945 -1.457
201403 0.120 98.604 0.128
201406 0.220 99.473 0.233
201409 -0.050 99.394 -0.053
201412 -2.940 98.367 -3.150
201503 -0.110 99.789 -0.116
201506 0.470 100.500 0.493
201509 -0.230 100.421 -0.241
201512 -5.140 99.947 -5.420
201603 0.100 101.054 0.104
201606 -0.090 102.002 -0.093
201609 0.070 101.765 0.072
201612 0.120 101.449 0.125
201703 0.200 102.634 0.205
201706 0.160 103.029 0.164
201709 0.130 103.345 0.133
201712 0.120 103.345 0.122
201803 0.080 105.004 0.080
201806 -0.150 105.557 -0.150
201809 -0.120 105.636 -0.120
201812 0.120 105.399 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.


Goldcorp  (NYSE:GG) 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.


Goldcorp Shiller PE Ratio Related Terms

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Goldcorp (Goldcorp) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 3400, Park Place, Vancouver, BC, CAN, V6C 2X8
Goldcorp is a senior gold mining company with operations in Canada, the United States, Mexico, and Latin America. It produced roughly 2.3 million ounces of gold in 2018. Goldcorp has historically focused on stable mining jurisdictions in North and South America while targeting rapid production growth through internal development and acquisitions. As of Dec. 31, 2018, Goldcorp had 52.8 million ounces of proven and probable gold reserves.