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Imperial Equities (TSXV:IEI) Shiller PE Ratio : 6.39 (As of May. 26, 2024)


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What is Imperial Equities Shiller PE Ratio?

As of today (2024-05-26), Imperial Equities's current share price is C$3.90. Imperial Equities's E10 for the quarter that ended in Mar. 2024 was C$0.61. Imperial Equities's Shiller PE Ratio for today is 6.39.

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

TSXV:IEI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.17   Med: 8.56   Max: 25
Current: 6.4

During the past years, Imperial Equities's highest Shiller PE Ratio was 25.00. The lowest was 5.17. And the median was 8.56.

TSXV:IEI's Shiller PE Ratio is ranked better than
73.1% of 1078 companies
in the Real Estate industry
Industry Median: 11.165 vs TSXV:IEI: 6.40

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.

Imperial Equities's adjusted earnings per share data for the three months ended in Mar. 2024 was C$-0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Imperial Equities Shiller PE Ratio Historical Data

The historical data trend for Imperial Equities'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.

Imperial Equities Shiller PE Ratio Chart

Imperial Equities 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 7.12 5.26 6.75 7.73 6.62

Imperial Equities 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 6.27 6.58 6.62 5.81 7.39

Competitive Comparison of Imperial Equities's Shiller PE Ratio

For the Real Estate Services subindustry, Imperial Equities'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.


Imperial Equities's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



Imperial Equities 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.

Imperial Equities's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.90/0.61
=6.39

* 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.

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

For example, Imperial Equities'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)
=-0.23/126.2576*126.2576
=-0.230

Current CPI (Mar. 2024) = 126.2576.

Imperial Equities Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.280 99.473 0.355
201409 0.190 99.394 0.241
201412 0.280 98.367 0.359
201503 0.240 99.789 0.304
201506 0.090 100.500 0.113
201509 0.080 100.421 0.101
201512 0.180 99.947 0.227
201603 0.150 101.054 0.187
201606 0.070 102.002 0.087
201609 0.170 101.765 0.211
201612 0.070 101.449 0.087
201703 0.160 102.634 0.197
201706 0.060 103.029 0.074
201709 0.190 103.345 0.232
201712 0.070 103.345 0.086
201803 0.150 105.004 0.180
201806 -0.330 105.557 -0.395
201809 0.350 105.636 0.418
201812 -0.090 105.399 -0.108
201903 0.150 106.979 0.177
201906 0.160 107.690 0.188
201909 0.460 107.611 0.540
201912 0.160 107.769 0.187
202003 -0.170 107.927 -0.199
202006 0.070 108.401 0.082
202009 0.090 108.164 0.105
202012 0.150 108.559 0.174
202103 0.130 110.298 0.149
202106 0.350 111.720 0.396
202109 0.090 112.905 0.101
202112 0.210 113.774 0.233
202203 0.200 117.646 0.215
202206 0.240 120.806 0.251
202209 0.170 120.648 0.178
202212 0.330 120.964 0.344
202303 0.140 122.702 0.144
202306 0.140 124.203 0.142
202309 0.120 125.230 0.121
202312 -0.160 125.072 -0.162
202403 -0.230 126.258 -0.230

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.


Imperial Equities  (TSXV:IEI) 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.


Imperial Equities Shiller PE Ratio Related Terms

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


Imperial Equities (TSXV:IEI) Business Description

Traded in Other Exchanges
N/A
Address
10060 Jasper Avenue, Suite 2151, Edmonton, AB, CAN, T5J 3R8
Imperial Equities Inc is engaged in the acquisition, development, and redevelopment of commercial and industrial properties primarily in Edmonton and throughout Alberta. The majority of the revenue is generated from Rental revenue from leases of commercial properties.
Executives
Chadi Land Company Inc. 10% Security Holder

Imperial Equities (TSXV:IEI) Headlines