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SQI Diagnostics (SQI Diagnostics) Shiller PE Ratio : (As of May. 24, 2024)


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What is SQI Diagnostics Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SQI Diagnostics Shiller PE Ratio Historical Data

The historical data trend for SQI Diagnostics'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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SQI Diagnostics Shiller PE Ratio Chart

SQI Diagnostics Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Shiller PE Ratio
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SQI Diagnostics Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of SQI Diagnostics's Shiller PE Ratio

For the Diagnostics & Research subindustry, SQI Diagnostics'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.


SQI Diagnostics's Shiller PE Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, SQI Diagnostics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SQI Diagnostics's Shiller PE Ratio falls into.



SQI Diagnostics 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.

SQI Diagnostics's E10 for the quarter that ended in Mar. 2023 is calculated as:

For example, SQI Diagnostics's adjusted earnings per share data for the three months ended in Mar. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.007/122.7021*122.7021
=-0.007

Current CPI (Mar. 2023) = 122.7021.

SQI Diagnostics Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201306 -0.039 97.182 -0.049
201309 -0.039 97.419 -0.049
201312 -0.028 96.945 -0.035
201403 -0.018 98.604 -0.022
201406 -0.028 99.473 -0.035
201409 -0.027 99.394 -0.033
201412 -0.017 98.367 -0.021
201503 -0.024 99.789 -0.030
201506 -0.024 100.500 -0.029
201509 -0.023 100.421 -0.028
201512 -0.015 99.947 -0.018
201603 -0.008 101.054 -0.010
201606 -0.016 102.002 -0.019
201609 -0.008 101.765 -0.010
201612 -0.015 101.449 -0.018
201703 -0.007 102.634 -0.008
201706 -0.015 103.029 -0.018
201709 -0.012 103.345 -0.014
201712 -0.016 103.345 -0.019
201803 -0.008 105.004 -0.009
201806 -0.015 105.557 -0.017
201809 -0.015 105.636 -0.017
201812 -0.007 105.399 -0.008
201903 -0.007 106.979 -0.008
201906 -0.008 107.690 -0.009
201909 -0.008 107.611 -0.009
201912 -0.008 107.769 -0.009
202003 -0.007 107.927 -0.008
202006 -0.007 108.401 -0.008
202009 -0.008 108.164 -0.009
202012 -0.008 108.559 -0.009
202103 -0.008 110.298 -0.009
202106 -0.002 111.720 -0.002
202109 -0.008 112.905 -0.009
202112 -0.008 113.774 -0.009
202203 -0.008 117.646 -0.008
202206 -0.008 120.806 -0.008
202209 -0.015 120.648 -0.015
202212 -0.007 120.964 -0.007
202303 -0.007 122.702 -0.007

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.


SQI Diagnostics  (OTCPK:SQIDF) 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.


SQI Diagnostics Shiller PE Ratio Related Terms

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SQI Diagnostics (SQI Diagnostics) Business Description

Traded in Other Exchanges
N/A
Address
36 Meteor Drive, Toronto, ON, CAN, M9W 1A4
SQI Diagnostics Inc is the leader in the field of lung health. The company develops and manufactures respiratory health and precision medicine tests that run on SQI's automated systems. The company is developing tests to simplify and improve COVID-19 antibody monitoring, rapid acute lung injury testing, donor organ transplant informatics, and immunological protein and antibody testing. Its geographical segments are the United States, Canada, and Europe. Canada accounts for more than half of its revenues.

SQI Diagnostics (SQI Diagnostics) Headlines