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Altus Group (TSX:AIF) Shiller PE Ratio : 81.95 (As of May. 08, 2024)


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What is Altus Group Shiller PE Ratio?

As of today (2024-05-08), Altus Group's current share price is C$49.17. Altus Group's E10 for the quarter that ended in Mar. 2024 was C$0.60. Altus Group's Shiller PE Ratio for today is 81.95.

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

TSX:AIF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 58.85   Med: 134.25   Max: 351.67
Current: 82.1

During the past years, Altus Group's highest Shiller PE Ratio was 351.67. The lowest was 58.85. And the median was 134.25.

TSX:AIF's Shiller PE Ratio is ranked worse than
93.41% of 1078 companies
in the Real Estate industry
Industry Median: 11.01 vs TSX:AIF: 82.10

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.

Altus Group's adjusted earnings per share data for the three months ended in Mar. 2024 was C$-0.003. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altus Group Shiller PE Ratio Historical Data

The historical data trend for Altus 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.

Altus Group Shiller PE Ratio Chart

Altus Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163.12 136.03 132.50 81.49 67.87

Altus Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 90.40 67.38 72.15 67.87 86.62

Competitive Comparison of Altus Group's Shiller PE Ratio

For the Real Estate Services subindustry, Altus 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.


Altus Group's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Altus Group's Shiller PE Ratio distribution charts can be found below:

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



Altus 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.

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

Shiller PE Ratio=Share Price/ E10
=49.17/0.6
=81.95

* 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.

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

For example, Altus Group'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)
=-0.003/125.4675*125.4675
=-0.003

Current CPI (Mar. 2024) = 125.4675.

Altus Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.020 99.473 -0.025
201409 0.120 99.394 0.151
201412 0.160 98.367 0.204
201503 0.020 99.789 0.025
201506 0.080 100.500 0.100
201509 -0.020 100.421 -0.025
201512 0.190 99.947 0.239
201603 -0.060 101.054 -0.074
201606 0.340 102.002 0.418
201609 -0.140 101.765 -0.173
201612 0.240 101.449 0.297
201703 0.010 102.634 0.012
201706 2.720 103.029 3.312
201709 0.190 103.345 0.231
201712 -0.100 103.345 -0.121
201803 -0.060 105.004 -0.072
201806 0.010 105.557 0.012
201809 -0.040 105.636 -0.048
201812 -0.380 105.399 -0.452
201903 -0.010 106.979 -0.012
201906 0.340 107.690 0.396
201909 0.120 107.611 0.140
201912 0.010 107.769 0.012
202003 -0.100 107.927 -0.116
202006 0.290 108.401 0.336
202009 0.220 108.164 0.255
202012 0.100 108.559 0.116
202103 0.060 110.298 0.068
202106 0.390 111.720 0.438
202109 -0.010 112.905 -0.011
202112 0.160 113.774 0.176
202203 -0.260 117.646 -0.277
202206 0.280 120.806 0.291
202209 0.150 120.648 0.156
202212 -0.200 120.964 -0.207
202303 -0.050 122.702 -0.051
202306 0.260 124.203 0.263
202309 0.020 125.230 0.020
202312 -0.010 125.468 -0.010
202403 -0.003 125.468 -0.003

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.


Altus Group  (TSX:AIF) 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.


Altus Group Shiller PE Ratio Related Terms

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Altus Group (TSX:AIF) Business Description

Traded in Other Exchanges
Address
33 Yonge Street, Suite 500, Toronto, ON, CAN, M5E 1G4
Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Property Tax, Analytics; and under CRE Consulting services, and Appraisals and Development Advisory. It generates maximum revenue from the Analytics; and under CRE Consulting services segment. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.