GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Clairvest Group Inc (OTCPK:CVTGF) » Definitions » Shiller PE Ratio

Clairvest Group (Clairvest Group) Shiller PE Ratio : 10.69 (As of Apr. 30, 2024)


View and export this data going back to . Start your Free Trial

What is Clairvest Group Shiller PE Ratio?

As of today (2024-04-30), Clairvest Group's current share price is $52.70. Clairvest Group's E10 for the quarter that ended in Dec. 2023 was $4.93. Clairvest Group's Shiller PE Ratio for today is 10.69.

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

CVTGF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.74   Med: 13.64   Max: 19.42
Current: 10.09

During the past years, Clairvest Group's highest Shiller PE Ratio was 19.42. The lowest was 7.74. And the median was 13.64.

CVTGF's Shiller PE Ratio is ranked better than
68.11% of 762 companies
in the Asset Management industry
Industry Median: 12.79 vs CVTGF: 10.09

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.

Clairvest Group's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.253. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clairvest Group Shiller PE Ratio Historical Data

The historical data trend for Clairvest 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.

Clairvest Group Shiller PE Ratio Chart

Clairvest Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.06 11.08 13.65 8.96 10.57

Clairvest Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 9.59 10.57 10.72 10.59 10.68

Competitive Comparison of Clairvest Group's Shiller PE Ratio

For the Asset Management subindustry, Clairvest 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.


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

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

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



Clairvest 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.

Clairvest Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=52.70/4.93
=10.69

* 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.

Clairvest Group's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Clairvest Group's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.253/125.4675*125.4675
=-0.253

Current CPI (Dec. 2023) = 125.4675.

Clairvest Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.126 98.604 0.160
201406 0.554 99.473 0.699
201409 1.580 99.394 1.994
201412 -0.165 98.367 -0.210
201503 0.991 99.789 1.246
201506 0.421 100.500 0.526
201509 0.143 100.421 0.179
201512 0.569 99.947 0.714
201603 0.854 101.054 1.060
201606 0.589 102.002 0.725
201609 0.526 101.765 0.649
201612 1.522 101.449 1.882
201703 0.844 102.634 1.032
201706 -0.572 103.029 -0.697
201709 2.280 103.345 2.768
201712 3.822 103.345 4.640
201803 0.951 105.004 1.136
201806 2.743 105.557 3.260
201809 0.675 105.636 0.802
201812 1.183 105.399 1.408
201903 1.346 106.979 1.579
201906 0.293 107.690 0.341
201909 0.778 107.611 0.907
201912 3.668 107.769 4.270
202003 -1.185 107.927 -1.378
202006 3.151 108.401 3.647
202009 -1.217 108.164 -1.412
202012 2.592 108.559 2.996
202103 0.780 110.298 0.887
202106 0.990 111.720 1.112
202109 1.492 112.905 1.658
202112 3.969 113.774 4.377
202203 10.861 117.646 11.583
202206 -0.586 120.806 -0.609
202209 1.994 120.648 2.074
202212 1.833 120.964 1.901
202303 -0.672 122.702 -0.687
202306 0.978 124.203 0.988
202309 -2.165 125.230 -2.169
202312 -0.253 125.468 -0.253

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.


Clairvest Group  (OTCPK:CVTGF) 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.


Clairvest Group Shiller PE Ratio Related Terms

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


Clairvest Group (Clairvest Group) Business Description

Traded in Other Exchanges
Address
22 St. Clair Avenue East, Suite 1700, Toronto, ON, CAN, M4T 2S3
Clairvest Group Inc is a Canadian private equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.

Clairvest Group (Clairvest Group) Headlines

From GuruFocus

Clairvest Completes Share Repurchase

By GlobeNewswire 10-12-2023

Clairvest Reports Fiscal 2019 Fourth Quarter and Year-End Results

By GlobeNewswire GlobeNewswire 06-26-2019

Clairvest Signs Agreement To Acquire Delaware Park

By GlobeNewswire GlobeNewswire 11-05-2021

Clairvest Reports Fiscal 2022 First Quarter Results

By GlobeNewswire GlobeNewswire 08-11-2021

Clairvest Announces New Normal Course Issuer Bid

By GlobeNewswire GlobeNewswire 03-03-2022

Clairvest Announces New Normal Course Issuer Bid

By GlobeNewswire GlobeNewswire 03-03-2020

Clairvest Reports Fiscal 2024 First Quarter Results

By GlobeNewswire 08-10-2023