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Pan American Silver (Pan American Silver) Shiller PE Ratio

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Shiller PE for Stocks: The True Measure of Stock Valuation


Pan American Silver Shiller PE Ratio Historical Data

The historical data trend for Pan American Silver'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.

Pan American Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Pan American Silver 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 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Gold subindustry, Pan American Silver'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.


Pan American Silver Shiller PE Ratio Distribution

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

* The bar in red indicates where Pan American Silver's Shiller PE Ratio falls into.



Pan American Silver 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.

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

For example, Pan American Silver'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)
=-0.15/125.4675*125.4675
=-0.150

Current CPI (Dec. 2023) = 125.4675.

Pan American Silver Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.050 98.604 0.064
201406 -0.040 99.473 -0.050
201409 -0.150 99.394 -0.189
201412 -3.480 98.367 -4.439
201503 -0.130 99.789 -0.163
201506 -0.050 100.500 -0.062
201509 -0.440 100.421 -0.550
201512 -0.880 99.947 -1.105
201603 0.010 101.054 0.012
201606 0.220 102.002 0.271
201609 0.280 101.765 0.345
201612 0.140 101.449 0.173
201703 0.130 102.634 0.159
201706 0.230 103.029 0.280
201709 0.110 103.345 0.134
201712 0.320 103.345 0.389
201803 0.310 105.004 0.370
201806 0.240 105.557 0.285
201809 -0.060 105.636 -0.071
201812 -0.420 105.399 -0.500
201903 0.020 106.979 0.023
201906 0.090 107.690 0.105
201909 0.180 107.611 0.210
201912 0.250 107.769 0.291
202003 -0.370 107.927 -0.430
202006 0.100 108.401 0.116
202009 0.310 108.164 0.360
202012 0.800 108.559 0.925
202103 -0.040 110.298 -0.046
202106 0.340 111.720 0.382
202109 0.100 112.905 0.111
202112 0.070 113.774 0.077
202203 0.360 117.646 0.384
202206 -0.830 120.806 -0.862
202209 -0.340 120.648 -0.354
202212 -0.820 120.964 -0.851
202303 0.080 122.702 0.082
202306 -0.130 124.203 -0.131
202309 -0.060 125.230 -0.060
202312 -0.150 125.468 -0.150

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.


Pan American Silver  (NYSE:PAAS) 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.


Pan American Silver Shiller PE Ratio Related Terms

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Pan American Silver (Pan American Silver) Business Description

Address
1440 - 625 Howe Street, Vancouver, BC, CAN, V6C 2T6
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. Its principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.