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Greenstone Resources (ASX:GSR) Shiller PE Ratio : (As of Jun. 04, 2024)


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What is Greenstone Resources Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Greenstone Resources Shiller PE Ratio Historical Data

The historical data trend for Greenstone Resources'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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Greenstone Resources Shiller PE Ratio Chart

Greenstone Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
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Greenstone Resources 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 Greenstone Resources's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Greenstone Resources'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.


Greenstone Resources's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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



Greenstone Resources 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.

Greenstone Resources's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Greenstone Resources'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)
=-0.002/124.1700*124.1700
=-0.002

Current CPI (Jun23) = 124.1700.

Greenstone Resources Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.002 98.352 -0.003
201506 -0.001 99.838 -0.001
201606 0.000 100.859 0.000
201706 -0.004 102.809 -0.005
201806 -0.004 104.945 -0.005
201906 -0.002 106.617 -0.002
202006 -0.001 106.246 -0.001
202106 -0.001 110.332 -0.001
202206 -0.002 117.112 -0.002
202306 -0.002 124.170 -0.002

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.


Greenstone Resources  (ASX:GSR) 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.


Greenstone Resources Shiller PE Ratio Related Terms

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Greenstone Resources (ASX:GSR) Business Description

Traded in Other Exchanges
N/A
Address
16 Ord Street, Level 2, West Perth, Perth, WA, AUS, 6005
Greenstone Resources Ltd is a Western Australian engaged in the activity of gold, nickel and cobalt exploration and development. In addition, the company has an interest in the Mt Thirsty joint venture, which is involved in the exploration, evaluation and development of cobalt and nickel in Western Australia. The company's other projects are Burbanks, Phillips Find, and Mt Thirsty Cobalt-Nickel projects. Geographically, the firm operates in Australia.

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