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goeasy (TSX:GSY) Shiller PE Ratio : 24.65 (As of May. 15, 2024)


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What is goeasy Shiller PE Ratio?

As of today (2024-05-15), goeasy's current share price is C$177.70. goeasy's E10 for the quarter that ended in Mar. 2024 was C$7.21. goeasy's Shiller PE Ratio for today is 24.65.

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

TSX:GSY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.99   Med: 23.66   Max: 58.67
Current: 24.41

During the past years, goeasy's highest Shiller PE Ratio was 58.67. The lowest was 10.99. And the median was 23.66.

TSX:GSY's Shiller PE Ratio is ranked worse than
66.23% of 305 companies
in the Credit Services industry
Industry Median: 14.53 vs TSX:GSY: 24.41

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.

goeasy's adjusted earnings per share data for the three months ended in Mar. 2024 was C$3.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$7.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


goeasy Shiller PE Ratio Historical Data

The historical data trend for goeasy'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.

goeasy Shiller PE Ratio Chart

goeasy 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 34.46 34.03 40.84 19.71 22.87

goeasy 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 16.61 18.09 16.38 22.87 22.11

Competitive Comparison of goeasy's Shiller PE Ratio

For the Credit Services subindustry, goeasy'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.


goeasy's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, goeasy's Shiller PE Ratio distribution charts can be found below:

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



goeasy 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.

goeasy's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=177.70/7.21
=24.65

* 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.

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

For example, goeasy'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)
=3.4/125.4675*125.4675
=3.400

Current CPI (Mar. 2024) = 125.4675.

goeasy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.330 99.473 0.416
201409 0.250 99.394 0.316
201412 0.510 98.367 0.651
201503 0.350 99.789 0.440
201506 0.360 100.500 0.449
201509 0.450 100.421 0.562
201512 0.540 99.947 0.678
201603 0.520 101.054 0.646
201606 0.750 102.002 0.923
201609 0.360 101.765 0.444
201612 0.600 101.449 0.742
201703 0.730 102.634 0.892
201706 0.630 103.029 0.767
201709 0.810 103.345 0.983
201712 0.390 103.345 0.473
201803 0.770 105.004 0.920
201806 0.820 105.557 0.975
201809 0.970 105.636 1.152
201812 1.030 105.399 1.226
201903 1.180 106.979 1.384
201906 1.260 107.690 1.468
201909 1.280 107.611 1.492
201912 0.450 107.769 0.524
202003 1.410 107.927 1.639
202006 2.110 108.401 2.442
202009 2.090 108.164 2.424
202012 3.120 108.559 3.606
202103 7.140 110.298 8.122
202106 1.160 111.720 1.303
202109 3.660 112.905 4.067
202112 2.870 113.774 3.165
202203 1.550 117.646 1.653
202206 2.320 120.806 2.410
202209 2.860 120.648 2.974
202212 1.710 120.964 1.774
202303 3.010 122.702 3.078
202306 3.260 124.203 3.293
202309 3.870 125.230 3.877
202312 4.340 125.468 4.340
202403 3.400 125.468 3.400

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.


goeasy  (TSX:GSY) 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.


goeasy Shiller PE Ratio Related Terms

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


goeasy (TSX:GSY) Business Description

Traded in Other Exchanges
Address
33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5
goeasy Ltd provides financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.
Executives
David Ingram Director, Senior Officer

goeasy (TSX:GSY) Headlines

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