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4DS Memory (ASX:4DS) Shiller PE Ratio : (As of May. 25, 2024)


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What is 4DS Memory Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


4DS Memory Shiller PE Ratio Historical Data

The historical data trend for 4DS Memory'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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4DS Memory Shiller PE Ratio Chart

4DS Memory Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
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4DS Memory Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of 4DS Memory's Shiller PE Ratio

For the Semiconductors subindustry, 4DS Memory'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.


4DS Memory's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, 4DS Memory's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where 4DS Memory's Shiller PE Ratio falls into.



4DS Memory 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.

4DS Memory's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, 4DS Memory's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.004/124.1700*124.1700
=-0.004

Current CPI (Jun23) = 124.1700.

4DS Memory Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.083 98.352 -0.105
201506 -0.067 99.838 -0.083
201606 -0.028 100.859 -0.034
201706 -0.003 102.809 -0.004
201806 -0.006 104.945 -0.007
201906 -0.006 106.617 -0.007
202006 -0.005 106.246 -0.006
202106 -0.005 110.332 -0.006
202206 -0.005 117.112 -0.005
202306 -0.004 124.170 -0.004

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.


4DS Memory  (ASX:4DS) 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.


4DS Memory Shiller PE Ratio Related Terms

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4DS Memory (ASX:4DS) Business Description

Traded in Other Exchanges
Address
50 Kings Park Road, Level 2, West Perth, Perth, WA, AUS, 6005
4DS Memory Ltd is a semiconductor company which is in the research and development of a non-volatile memory technology known as Interface Switching ReRAM, for next-generation gigabyte Storage Class Memory. Facilities located in Silicon Valley.

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