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Carreras (XJAM:CAR) Shiller PE Ratio : 10.13 (As of May. 26, 2024)


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What is Carreras Shiller PE Ratio?

As of today (2024-05-26), Carreras's current share price is JMD8.81. Carreras's E10 for the fiscal year that ended in Mar23 was JMD0.87. Carreras's Shiller PE Ratio for today is 10.13.

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

XJAM:CAR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.61   Med: 9.87   Max: 12.68
Current: 10.18

During the past 13 years, Carreras's highest Shiller PE Ratio was 12.68. The lowest was 7.61. And the median was 9.87.

XJAM:CAR's Shiller PE Ratio is ranked better than
69.23% of 26 companies
in the Tobacco Products industry
Industry Median: 12.755 vs XJAM:CAR: 10.18

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.

Carreras's adjusted earnings per share data of for the fiscal year that ended in Mar23 was JMD0.749. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is JMD0.87 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carreras Shiller PE Ratio Historical Data

The historical data trend for Carreras'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.

Carreras Shiller PE Ratio Chart

Carreras Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.87 8.19 10.53 9.81 9.46

Carreras Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
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 11.87 8.19 10.53 9.81 9.46

Competitive Comparison of Carreras's Shiller PE Ratio

For the Tobacco subindustry, Carreras'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.


Carreras's Shiller PE Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Carreras's Shiller PE Ratio distribution charts can be found below:

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



Carreras 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.

Carreras's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.81/0.87
=10.13

* 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.

Carreras's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Carreras's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.749/127.3478*127.3478
=0.749

Current CPI (Mar23) = 127.3478.

Carreras Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.824 99.695 1.053
201503 0.606 99.621 0.775
201603 0.620 100.470 0.786
201703 0.784 102.862 0.971
201803 0.718 105.290 0.868
201903 0.702 107.251 0.834
202003 0.738 108.902 0.863
202103 0.770 111.754 0.877
202203 0.839 121.301 0.881
202303 0.749 127.348 0.749

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.


Carreras  (XJAM:CAR) 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.


Carreras Shiller PE Ratio Related Terms

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Carreras (XJAM:CAR) Business Description

Traded in Other Exchanges
N/A
Address
13A Ripon Road, Kingston, JAM, 5
Carreras Ltd is a marketer and distributor of cigarettes and tobacco-related products in Jamaica. The company markets and distributes various brands of cigarettes including Craven A and Matterhorn. The group's activities are limited to the distribution of cigarettes to Jamaican consumers, operating in a single segment.