GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Orica Ltd (OTCPK:OCLDY) » Definitions » Shiller PE Ratio
中文

Orica (OCLDY) Shiller PE Ratio : 116.52 (As of Apr. 24, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Orica Shiller PE Ratio?

As of today (2024-04-24), Orica's current share price is $11.652. Orica's E10 for the fiscal year that ended in Sep23 was $0.10. Orica's Shiller PE Ratio for today is 116.52.

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

OCLDY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.55   Med: 15.86   Max: 117.05
Current: 116.52

During the past 13 years, Orica's highest Shiller PE Ratio was 117.05. The lowest was 8.55. And the median was 15.86.

OCLDY's Shiller PE Ratio is ranked worse than
95.8% of 1023 companies
in the Chemicals industry
Industry Median: 18.53 vs OCLDY: 116.52

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.

Orica's adjusted earnings per share data of for the fiscal year that ended in Sep23 was $0.415. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.10 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orica Shiller PE Ratio Historical Data

The historical data trend for Orica'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.

Orica Shiller PE Ratio Chart

Orica Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.83 25.08 35.61 45.24 99.66

Orica Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 35.61 - 45.24 - 99.66

Competitive Comparison of Orica's Shiller PE Ratio

For the Specialty Chemicals subindustry, Orica'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.


Orica's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



Orica 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.

Orica's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.652/0.1
=116.52

* 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.

Orica's E10 for the fiscal year that ended in Sep23 is calculated as:

For example, Orica's adjusted earnings per share data for the fiscal year that ended in Sep23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.415/125.6559*125.6559
=0.415

Current CPI (Sep23) = 125.6559.

Orica Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 1.477 98.816 1.878
201509 -2.416 100.302 -3.027
201609 0.699 101.602 0.864
201709 0.813 103.460 0.987
201809 -0.091 105.410 -0.108
201909 0.438 107.174 0.514
202009 0.306 107.917 0.356
202109 -0.312 111.168 -0.353
202209 0.096 119.248 0.101
202309 0.415 125.656 0.415

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.


Orica  (OTCPK:OCLDY) 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.


Orica Shiller PE Ratio Related Terms

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


Orica (OCLDY) Business Description

Traded in Other Exchanges
Address
1 Nicholson Street, Level 3, East Melbourne, Melbourne, VIC, AUS, 3002
Orica is a leading global manufacturer and supplier of chemicals and explosives, primarily to the mining industry. It has operations in 50 countries across six continents. Mining services is the lone growth engine now that the chemicals business has been sold. Orica has an approximate 28% share of the global commercial explosives market. It provided resins, steel bolts, and other products for underground mining and tunneling though this business is now sold. It also supplies chemicals such as sodium cyanide to the mining industry.

Orica (OCLDY) Headlines