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Quarterhill (TSX:QTRH) Shiller PE Ratio : (As of Jun. 04, 2024)


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What is Quarterhill Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Quarterhill Shiller PE Ratio Historical Data

The historical data trend for Quarterhill'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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Quarterhill Shiller PE Ratio Chart

Quarterhill 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 - 182.32 - - -

Quarterhill 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 - - - - -

Competitive Comparison of Quarterhill's Shiller PE Ratio

For the Communication Equipment subindustry, Quarterhill'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.


Quarterhill's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Quarterhill 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.

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

For example, Quarterhill'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)
=-0.054/126.2576*126.2576
=-0.054

Current CPI (Mar. 2024) = 126.2576.

Quarterhill Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.054 99.473 0.069
201409 -0.003 99.394 -0.004
201412 0.005 98.367 0.006
201503 -0.050 99.789 -0.063
201506 0.111 100.500 0.139
201509 0.013 100.421 0.016
201512 0.027 99.947 0.034
201603 0.053 101.054 0.066
201606 -0.039 102.002 -0.048
201609 0.013 101.765 0.016
201612 0.093 101.449 0.116
201703 -0.080 102.634 -0.098
201706 0.040 103.029 0.049
201709 0.270 103.345 0.330
201712 -0.128 103.345 -0.156
201803 -0.129 105.004 -0.155
201806 -0.092 105.557 -0.110
201809 -0.104 105.636 -0.124
201812 -0.228 105.399 -0.273
201903 0.000 106.979 0.000
201906 -0.051 107.690 -0.060
201909 0.100 107.611 0.117
201912 0.051 107.769 0.060
202003 -0.039 107.927 -0.046
202006 0.079 108.401 0.092
202009 0.208 108.164 0.243
202012 -0.079 108.559 -0.092
202103 -0.040 110.298 -0.046
202106 -0.059 111.720 -0.067
202109 -0.020 112.905 -0.022
202112 -0.080 113.774 -0.089
202203 0.446 117.646 0.479
202206 -0.209 120.806 -0.218
202209 -0.078 120.648 -0.082
202212 -0.179 120.964 -0.187
202303 -0.137 122.702 -0.141
202306 -0.281 124.203 -0.286
202309 -0.020 125.230 -0.020
202312 -0.142 125.072 -0.143
202403 -0.054 126.258 -0.054

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.


Quarterhill  (TSX:QTRH) 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.


Quarterhill Shiller PE Ratio Related Terms

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Quarterhill (TSX:QTRH) Business Description

Traded in Other Exchanges
Address
25 King Street West, Suite 1101, Toronto, ON, CAN, M5L 2A1
Quarterhill Inc is focused on the acquisition, management, and growth of companies in the intelligent transportation systems (ITS) and innovation and licensing industries. It operates in two segments Licensing, which includes companies that count licensing as their principal business activity, and Intelligent Transportation Systems, which include companies that provide integrated systems and solutions to the ITS industry and its adjacent markets. Its geographical segments are the United States, Canada, Chile, China, Korea, Singapore, Taiwan, Thailand, Ukraine, and the Rest of the world. The majority of the revenue comes from the United States.
Executives
Pamela Faye Steer Director
Rusty Lewis Director
Charles (chuck) Myers Director, Senior Officer

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