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Platinum Capital (ASX:PMC) Shiller PE Ratio : 12.59 (As of May. 11, 2024)


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What is Platinum Capital Shiller PE Ratio?

As of today (2024-05-11), Platinum Capital's current share price is A$1.385. Platinum Capital's E10 for the fiscal year that ended in Jun23 was A$0.11. Platinum Capital's Shiller PE Ratio for today is 12.59.

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

ASX:PMC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.85   Med: 16.22   Max: 28.8
Current: 12.76

During the past 13 years, Platinum Capital's highest Shiller PE Ratio was 28.80. The lowest was 8.85. And the median was 16.22.

ASX:PMC's Shiller PE Ratio is ranked better than
51.64% of 761 companies
in the Asset Management industry
Industry Median: 12.92 vs ASX:PMC: 12.76

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.

Platinum Capital's adjusted earnings per share data of for the fiscal year that ended in Jun23 was A$0.129. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.11 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Platinum Capital Shiller PE Ratio Historical Data

The historical data trend for Platinum Capital'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.

Platinum Capital Shiller PE Ratio Chart

Platinum Capital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.27 14.59 12.80 9.50 11.70

Platinum Capital Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 9.50 - 11.70 -

Competitive Comparison of Platinum Capital's Shiller PE Ratio

For the Asset Management subindustry, Platinum Capital'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.


Platinum Capital's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Platinum Capital's Shiller PE Ratio distribution charts can be found below:

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



Platinum Capital 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.

Platinum Capital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.385/0.11
=12.59

* 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.

Platinum Capital's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Platinum Capital'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)
=0.129/124.1700*124.1700
=0.129

Current CPI (Jun23) = 124.1700.

Platinum Capital Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.162 98.352 0.205
201506 0.193 99.838 0.240
201606 -0.080 100.859 -0.098
201706 0.200 102.809 0.242
201806 0.177 104.945 0.209
201906 -0.001 106.617 -0.001
202006 -0.035 106.246 -0.041
202106 0.234 110.332 0.263
202206 -0.066 117.112 -0.070
202306 0.129 124.170 0.129

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.


Platinum Capital  (ASX:PMC) 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.


Platinum Capital Shiller PE Ratio Related Terms

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


Platinum Capital (ASX:PMC) Business Description

Traded in Other Exchanges
N/A
Address
Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000
Platinum Capital Ltd is an Australian close-ended investment company with its investment objectives to deliver attractive returns to shareholders over time, made up of capital growth and fully-franked dividends, and contain capital losses by mitigating the impact of market downturns. It focuses on investing in securities of a company, of which business and growth are undervalued. The investment manager of the company adopts a bottom-up stock selection methodology through which long-term capital growth is sought by investing in undervalued securities, cash and actively managed currency as well as it seeks to earn absolute returns. Its portfolio includes equities and derivatives, forward currency contracts and overseas bank accounts.

Platinum Capital (ASX:PMC) Headlines

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