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Cash Converters International (ASX:CCV) Shiller PE Ratio : (As of Apr. 27, 2024)


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What is Cash Converters International Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cash Converters International Shiller PE Ratio Historical Data

The historical data trend for Cash Converters International'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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Cash Converters International Shiller PE Ratio Chart

Cash Converters International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 5.59 8.02 10.81 -

Cash Converters International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 10.81 - - -

Competitive Comparison of Cash Converters International's Shiller PE Ratio

For the Specialty Retail subindustry, Cash Converters International'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.


Cash Converters International's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cash Converters International's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cash Converters International's Shiller PE Ratio falls into.



Cash Converters International 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.

Cash Converters International's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Cash Converters International's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.155/124.1700*124.1700
=-0.155

Current CPI (Jun23) = 124.1700.

Cash Converters International Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.055 98.352 0.069
201506 -0.046 99.838 -0.057
201606 -0.011 100.859 -0.014
201706 0.041 102.809 0.050
201806 0.044 104.945 0.052
201906 -0.003 106.617 -0.003
202006 -0.017 106.246 -0.020
202106 0.026 110.332 0.029
202206 0.017 117.112 0.018
202306 -0.155 124.170 -0.155

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.


Cash Converters International  (ASX:CCV) 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.


Cash Converters International Shiller PE Ratio Related Terms

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Cash Converters International (ASX:CCV) Business Description

Traded in Other Exchanges
N/A
Address
141 St Georges Terrace, Level 11, Perth, WA, AUS, 6000
Cash Converters International Ltd is a franchised retail network that specializes in the sale of second-hand goods. It operates through three business segments. Store Operations segment, which is the key revenue driver, involves the retail sale of new and second-hand goods, cash advance, and pawnbroking operations. Personal Finance segment comprises the Cash Converters Personal Finance personal loans business. The vehicle Financing segment comprises Green Light Auto Group, which provides motor vehicle finance. It operates in two geographical areas Australia and the United Kingdom. The company generates the majority of its revenue from the Personal finance segment.