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Australian Zircon NL (ASX:AZCCA) Shiller PE Ratio : (As of Jun. 09, 2024)


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What is Australian Zircon NL Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Australian Zircon NL Shiller PE Ratio Historical Data

The historical data trend for Australian Zircon NL'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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Australian Zircon NL Shiller PE Ratio Chart

Australian Zircon NL Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Shiller PE Ratio
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Australian Zircon NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Jun10 Jun11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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Competitive Comparison of Australian Zircon NL's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Australian Zircon NL'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.


Australian Zircon NL's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Australian Zircon NL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Australian Zircon NL's Shiller PE Ratio falls into.



Australian Zircon NL 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.

Australian Zircon NL's E10 for the fiscal year that ended in Jun15 is calculated as:

For example, Australian Zircon NL's adjusted earnings per share data for the fiscal year that ended in Jun15 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun15 (Change)*Current CPI (Jun15)
=-0.008/99.8375*99.8375
=-0.008

Current CPI (Jun15) = 99.8375.

Australian Zircon NL Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200606 -0.010 79.777 -0.013
200706 -0.010 81.449 -0.012
200806 -0.051 85.071 -0.060
200906 -0.182 86.278 -0.211
201006 -0.014 88.971 -0.016
201106 0.020 92.129 0.022
201206 -0.003 93.244 -0.003
201306 -0.006 95.473 -0.006
201406 -0.004 98.352 -0.004
201506 -0.008 99.838 -0.008

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.


Australian Zircon NL  (ASX:AZCCA) 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.


Australian Zircon NL Shiller PE Ratio Related Terms

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Australian Zircon NL (ASX:AZCCA) Business Description

Traded in Other Exchanges
N/A
Address
Australian Zircon NL is incorporated in Australia and was founded in 1994. The Company is engaged in mineral sands exploration and mining business. The Company focuses on developing the WIM150 mineral sands project located in the Wimmera region of western Victoria. It also holds interest in the EL 5460 exploration tenement located in the Horsham region, Victoria.

Australian Zircon NL (ASX:AZCCA) Headlines

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