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Majedie Investments (LSE:MAJE) Shiller PE Ratio : 18.31 (As of Jun. 15, 2024)


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What is Majedie Investments Shiller PE Ratio?

As of today (2024-06-15), Majedie Investments's current share price is £2.38. Majedie Investments's E10 for the fiscal year that ended in Sep23 was £0.13. Majedie Investments's Shiller PE Ratio for today is 18.31.

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

LSE:MAJE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.87   Med: 17.93   Max: 310
Current: 18.21

During the past 13 years, Majedie Investments's highest Shiller PE Ratio was 310.00. The lowest was 8.87. And the median was 17.93.

LSE:MAJE's Shiller PE Ratio is ranked worse than
73.59% of 761 companies
in the Asset Management industry
Industry Median: 12.78 vs LSE:MAJE: 18.21

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.

Majedie Investments's adjusted earnings per share data of for the fiscal year that ended in Sep23 was £0.307. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is £0.13 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Majedie Investments Shiller PE Ratio Historical Data

The historical data trend for Majedie Investments'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.

Majedie Investments Shiller PE Ratio Chart

Majedie Investments Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.26 12.93 12.01 11.78 14.91

Majedie Investments Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Sep23
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 - 12.01 - 11.78 14.91

Competitive Comparison of Majedie Investments's Shiller PE Ratio

For the Asset Management subindustry, Majedie Investments'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.


Majedie Investments's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Majedie Investments's Shiller PE Ratio falls into.



Majedie Investments 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.

Majedie Investments's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.38/0.13
=18.31

* 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.

Majedie Investments's E10 for the fiscal year that ended in Sep23 is calculated as:

For example, Majedie Investments's adjusted earnings per share data for the fiscal year that ended in Sep23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.307/130.1000*130.1000
=0.307

Current CPI (Sep23) = 130.1000.

Majedie Investments Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.256 100.000 0.333
201509 0.333 100.200 0.432
201609 0.443 101.500 0.568
201709 0.327 104.300 0.408
201809 0.030 106.600 0.037
201909 -0.310 108.400 -0.372
202009 -0.332 109.200 -0.396
202109 0.507 112.400 0.587
202209 -0.551 122.300 -0.586
202309 0.307 130.100 0.307

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.


Majedie Investments  (LSE:MAJE) 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.


Majedie Investments Shiller PE Ratio Related Terms

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Majedie Investments (LSE:MAJE) Business Description

Traded in Other Exchanges
Address
1 King’s Arms Yard, London, GBR, EC2R 7AF
Majedie Investments PLC is an investment trust company. The company invests principally in securities of publicly quoted companies globally as well as in unquoted securities. To manage risk, the company focuses on the analysis of economies sector trends and sectors to deliver growth over the long term. The company may utilize derivative instruments including index-linked notes, contracts for difference, covered options and other equity-related derivative instruments for efficient portfolio management and investment purposes. Its revenue mainly comprises of interest and dividend income from investment made.

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