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Power of Canada (TSX:POW) Shiller PE Ratio : 10.20 (As of Apr. 27, 2024)


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What is Power of Canada Shiller PE Ratio?

As of today (2024-04-27), Power of Canada's current share price is C$36.40. Power of Canada's E10 for the quarter that ended in Dec. 2023 was C$3.57. Power of Canada's Shiller PE Ratio for today is 10.20.

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

TSX:POW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.26   Med: 11.9   Max: 14.68
Current: 10.19

During the past years, Power of Canada's highest Shiller PE Ratio was 14.68. The lowest was 7.26. And the median was 11.90.

TSX:POW's Shiller PE Ratio is ranked better than
69.81% of 361 companies
in the Insurance industry
Industry Median: 13.13 vs TSX:POW: 10.19

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.

Power of Canada's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$3.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power of Canada Shiller PE Ratio Historical Data

The historical data trend for Power of Canada'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.

Power of Canada Shiller PE Ratio Chart

Power of Canada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.58 10.45 13.55 9.41 10.61

Power of Canada 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 9.41 10.10 10.28 9.64 10.61

Competitive Comparison of Power of Canada's Shiller PE Ratio

For the Insurance - Life subindustry, Power of Canada'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.


Power of Canada's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Power of Canada's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Power of Canada's Shiller PE Ratio falls into.



Power of Canada 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.

Power of Canada's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=36.40/3.57
=10.20

* 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.

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

For example, Power of Canada'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)
=0.62/125.4675*125.4675
=0.620

Current CPI (Dec. 2023) = 125.4675.

Power of Canada Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.520 98.604 0.662
201406 0.680 99.473 0.858
201409 0.760 99.394 0.959
201412 0.790 98.367 1.008
201503 0.760 99.789 0.956
201506 1.320 100.500 1.648
201509 1.090 100.421 1.362
201512 0.660 99.947 0.829
201603 0.100 101.054 0.124
201606 0.590 102.002 0.726
201609 0.650 101.765 0.801
201612 0.980 101.449 1.212
201703 0.550 102.634 0.672
201706 0.750 103.029 0.913
201709 1.010 103.345 1.226
201712 0.440 103.345 0.534
201803 1.130 105.004 1.350
201806 0.740 105.557 0.880
201809 0.400 105.636 0.475
201812 0.490 105.399 0.583
201903 0.630 106.979 0.739
201906 0.640 107.690 0.746
201909 0.840 107.611 0.979
201912 0.420 107.769 0.489
202003 0.360 107.927 0.419
202006 0.990 108.401 1.146
202009 0.750 108.164 0.870
202012 0.930 108.559 1.075
202103 0.820 110.298 0.933
202106 1.460 111.720 1.640
202109 1.080 112.905 1.200
202112 0.910 113.774 1.004
202203 1.270 117.646 1.354
202206 0.860 120.806 0.893
202209 0.960 120.648 0.998
202212 0.130 120.964 0.135
202303 0.470 122.702 0.481
202306 0.750 124.203 0.758
202309 1.470 125.230 1.473
202312 0.620 125.468 0.620

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.


Power of Canada  (TSX:POW) 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.


Power of Canada Shiller PE Ratio Related Terms

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


Power of Canada (TSX:POW) Business Description

Address
751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Power Corporation of Canada is a holding company with controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).

Power of Canada (TSX:POW) Headlines

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