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Akoustis Technologies (FRA:AVH) Shiller PE Ratio : (As of May. 24, 2024)


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What is Akoustis Technologies Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Akoustis Technologies Shiller PE Ratio Historical Data

The historical data trend for Akoustis Technologies'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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Akoustis Technologies Shiller PE Ratio Chart

Akoustis Technologies Annual Data
Trend Jul14 Jun15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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Akoustis Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Akoustis Technologies's Shiller PE Ratio

For the Communication Equipment subindustry, Akoustis Technologies'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.


Akoustis Technologies's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Akoustis Technologies's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Akoustis Technologies's Shiller PE Ratio falls into.



Akoustis Technologies 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.

Akoustis Technologies's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Akoustis Technologies's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.239/131.7762*131.7762
=-0.239

Current CPI (Mar. 2024) = 131.7762.

Akoustis Technologies Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 0.000 100.023 0.000
201407 -0.001 100.520 -0.001
201410 0.000 100.176 0.000
201501 0.000 98.604 0.000
201504 -0.002 99.824 -0.003
201509 -0.080 100.392 -0.105
201512 -0.073 99.792 -0.096
201603 -0.054 100.470 -0.071
201606 -0.151 101.688 -0.196
201609 -0.116 101.861 -0.150
201612 -0.199 101.863 -0.257
201703 -0.112 102.862 -0.143
201706 -0.107 103.349 -0.136
201709 -0.201 104.136 -0.254
201712 -0.228 104.011 -0.289
201803 -0.178 105.290 -0.223
201806 -0.265 106.317 -0.328
201809 -0.283 106.507 -0.350
201812 -0.211 105.998 -0.262
201903 -0.274 107.251 -0.337
201906 -0.159 108.070 -0.194
201909 -0.272 108.329 -0.331
201912 -0.270 108.420 -0.328
202003 -0.190 108.902 -0.230
202006 -0.240 108.767 -0.291
202009 -0.263 109.815 -0.316
202012 -0.247 109.897 -0.296
202103 -0.185 111.754 -0.218
202106 -0.158 114.631 -0.182
202109 -0.213 115.734 -0.243
202112 -0.257 117.630 -0.288
202203 -0.245 121.301 -0.266
202206 -0.265 125.017 -0.279
202209 -0.333 125.227 -0.350
202212 -0.179 125.222 -0.188
202303 -0.215 127.348 -0.222
202306 -0.231 128.729 -0.236
202309 -0.262 129.860 -0.266
202312 -0.193 129.419 -0.197
202403 -0.239 131.776 -0.239

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.


Akoustis Technologies  (FRA:AVH) 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.


Akoustis Technologies Shiller PE Ratio Related Terms

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Akoustis Technologies (FRA:AVH) Business Description

Traded in Other Exchanges
Address
9805 Northcross Center Court, Suite A, Huntersville, NC, USA, 28078
Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.

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