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Wajax (WJXFF) Shiller PE Ratio : 14.70 (As of Apr. 27, 2024)


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What is Wajax Shiller PE Ratio?

As of today (2024-04-27), Wajax's current share price is $23.0819. Wajax's E10 for the quarter that ended in Dec. 2023 was $1.57. Wajax's Shiller PE Ratio for today is 14.70.

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

WJXFF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.35   Med: 8.36   Max: 16.65
Current: 16.65

During the past years, Wajax's highest Shiller PE Ratio was 16.65. The lowest was 2.35. And the median was 8.36.

WJXFF's Shiller PE Ratio is ranked better than
50.46% of 109 companies
in the Industrial Distribution industry
Industry Median: 16.7 vs WJXFF: 16.65

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.

Wajax's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.365. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wajax Shiller PE Ratio Historical Data

The historical data trend for Wajax'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.

Wajax Shiller PE Ratio Chart

Wajax 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 6.33 8.07 12.06 9.97 14.72

Wajax 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 9.97 12.27 12.09 13.42 14.72

Competitive Comparison of Wajax's Shiller PE Ratio

For the Industrial Distribution subindustry, Wajax'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.


Wajax's Shiller PE Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Wajax's Shiller PE Ratio distribution charts can be found below:

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



Wajax 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.

Wajax's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=23.0819/1.57
=14.70

* 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.

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

For example, Wajax'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)
=0.365/125.4675*125.4675
=0.365

Current CPI (Dec. 2023) = 125.4675.

Wajax Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.351 98.604 0.447
201406 0.665 99.473 0.839
201409 0.590 99.394 0.745
201412 0.572 98.367 0.730
201503 0.269 99.789 0.338
201506 0.412 100.500 0.514
201509 0.279 100.421 0.349
201512 -1.327 99.947 -1.666
201603 -0.370 101.054 -0.459
201606 0.163 102.002 0.200
201609 0.282 101.765 0.348
201612 0.330 101.449 0.408
201703 0.232 102.634 0.284
201706 0.286 103.029 0.348
201709 0.350 103.345 0.425
201712 0.180 103.345 0.219
201803 0.356 105.004 0.425
201806 0.427 105.557 0.508
201809 0.345 105.636 0.410
201812 0.223 105.399 0.265
201903 0.292 106.979 0.342
201906 0.436 107.690 0.508
201909 0.279 107.611 0.325
201912 0.448 107.769 0.522
202003 0.143 107.927 0.166
202006 0.369 108.401 0.427
202009 0.249 108.164 0.289
202012 0.414 108.559 0.478
202103 0.461 110.298 0.524
202106 0.671 111.720 0.754
202109 0.521 112.905 0.579
202112 0.281 113.774 0.310
202203 0.577 117.646 0.615
202206 0.765 120.806 0.795
202209 0.607 120.648 0.631
202212 0.552 120.964 0.573
202303 0.577 122.702 0.590
202306 0.986 124.203 0.996
202309 0.776 125.230 0.777
202312 0.365 125.468 0.365

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.


Wajax  (OTCPK:WJXFF) 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.


Wajax Shiller PE Ratio Related Terms

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


Wajax (WJXFF) Business Description

Traded in Other Exchanges
Address
2250 Argentia Road, Mississauga, ON, CAN, L5N 6A5
Wajax Corp operates an integrated distribution system, providing sales, parts and services to a broad range of customers in diversified sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.

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