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Pinnacle Investment Management Group (ASX:PNI) Shiller PE Ratio : 70.47 (As of May. 28, 2024)


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What is Pinnacle Investment Management Group Shiller PE Ratio?

As of today (2024-05-28), Pinnacle Investment Management Group's current share price is A$13.39. Pinnacle Investment Management Group's E10 for the fiscal year that ended in Jun23 was A$0.19. Pinnacle Investment Management Group's Shiller PE Ratio for today is 70.47.

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

ASX:PNI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 40.21   Med: 118.72   Max: 659
Current: 69.15

During the past 13 years, Pinnacle Investment Management Group's highest Shiller PE Ratio was 659.00. The lowest was 40.21. And the median was 118.72.

ASX:PNI's Shiller PE Ratio is ranked worse than
94.45% of 757 companies
in the Asset Management industry
Industry Median: 12.9 vs ASX:PNI: 69.15

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.

Pinnacle Investment Management Group's adjusted earnings per share data of for the fiscal year that ended in Jun23 was A$0.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.19 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pinnacle Investment Management Group Shiller PE Ratio Historical Data

The historical data trend for Pinnacle Investment Management Group'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.

Pinnacle Investment Management Group Shiller PE Ratio Chart

Pinnacle Investment Management Group 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 303.14 95.30 140.29 50.49 52.89

Pinnacle Investment Management Group 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 - 50.49 - 52.89 -

Competitive Comparison of Pinnacle Investment Management Group's Shiller PE Ratio

For the Asset Management subindustry, Pinnacle Investment Management Group'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.


Pinnacle Investment Management Group's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Pinnacle Investment Management Group's Shiller PE Ratio falls into.



Pinnacle Investment Management Group 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.

Pinnacle Investment Management Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.39/0.19
=70.47

* 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.

Pinnacle Investment Management Group's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Pinnacle Investment Management Group'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)
=0.39/124.1700*124.1700
=0.390

Current CPI (Jun23) = 124.1700.

Pinnacle Investment Management Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.045 98.352 0.057
201506 -0.085 99.838 -0.106
201606 0.041 100.859 0.050
201706 0.082 102.809 0.099
201806 0.134 104.945 0.159
201906 0.171 106.617 0.199
202006 0.179 106.246 0.209
202106 0.365 110.332 0.411
202206 0.395 117.112 0.419
202306 0.390 124.170 0.390

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.


Pinnacle Investment Management Group  (ASX:PNI) 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.


Pinnacle Investment Management Group Shiller PE Ratio Related Terms

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Pinnacle Investment Management Group (ASX:PNI) Business Description

Traded in Other Exchanges
N/A
Address
264 George Street, Level 25, Australia Square Tower, Sydney, NSW, AUS, 2000
Pinnacle Investment Management Group is an Australia-based multi-affiliate investment management firm. The principal activities of the firm are equity, seed capital and working capital, and providing distribution services, business support, and responsible entity services to a network of boutique asset managers, termed as "affiliates." Apart from deriving revenue from its services, Pinnacle also earns a share of profits from its affiliates via holding equity interests in them. The business is growing rapidly with number of boutiques and FUM growing to 15 and around AUD 90 billion in September 2023, respectively, from seven and AUD 23 billion in December 2016.

Pinnacle Investment Management Group (ASX:PNI) Headlines