GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tecnisa SA (BSP:TCSA3) » Definitions » Shiller PE Ratio

Tecnisa (BSP:TCSA3) Shiller PE Ratio : (As of May. 03, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tecnisa Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tecnisa Shiller PE Ratio Historical Data

The historical data trend for Tecnisa'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.

Tecnisa Shiller PE Ratio Chart

Tecnisa 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 11.73 - - - -

Tecnisa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - -

Competitive Comparison of Tecnisa's Shiller PE Ratio

For the Real Estate - Development subindustry, Tecnisa'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.


Tecnisa's Shiller PE Ratio Distribution in the Real Estate Industry

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

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



Tecnisa 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.

Tecnisa's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Tecnisa's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.781/156.2729*156.2729
=-0.781

Current CPI (Dec. 2023) = 156.2729.

Tecnisa Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.770 90.447 3.058
201406 3.918 91.838 6.667
201409 1.563 92.602 2.638
201412 0.382 94.194 0.634
201503 1.476 97.799 2.358
201506 1.540 100.006 2.406
201509 0.376 101.392 0.580
201512 9.685 104.247 14.518
201603 0.124 106.979 0.181
201606 -4.708 108.851 -6.759
201609 -5.648 109.986 -8.025
201612 -10.860 110.802 -15.317
201703 -2.253 111.869 -3.147
201706 -4.582 112.115 -6.387
201709 -4.582 112.777 -6.349
201712 -5.354 114.068 -7.335
201803 -1.621 114.868 -2.205
201806 -2.591 117.038 -3.460
201809 -5.987 117.881 -7.937
201812 -1.939 118.340 -2.561
201903 -0.063 120.124 -0.082
201906 -4.352 120.977 -5.622
201909 -1.173 121.292 -1.511
201912 -0.516 123.436 -0.653
202003 -0.794 124.092 -1.000
202006 -0.548 123.557 -0.693
202009 -0.481 125.095 -0.601
202012 -0.417 129.012 -0.505
202103 -0.358 131.660 -0.425
202106 -0.739 133.871 -0.863
202109 -0.611 137.913 -0.692
202112 -0.801 141.992 -0.882
202203 -0.095 146.537 -0.101
202206 -0.127 149.784 -0.133
202209 0.026 147.800 0.027
202212 0.212 150.207 0.221
202303 0.063 153.352 0.064
202306 0.062 154.519 0.063
202309 -0.110 155.464 -0.111
202312 -0.781 156.273 -0.781

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.


Tecnisa  (BSP:TCSA3) 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.


Tecnisa Shiller PE Ratio Related Terms

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


Tecnisa (BSP:TCSA3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Nicolas Boer, 399, 5th floor, unit 502S, Jardim das Perdizes, Sao Paulo, SP, BRA, 01140-060
Tecnisa SA is a real estate company. The company is engaged mainly in the development and construction of residential and commercial real estate, individually or together with other entities, by holding a full interest in subsidiaries, joint ventures, or associates. It has only one reporting segment development and sale of properties. Tecnisa's mission is to offer the real-estate market products and services which will generate profits and satisfy clients in such a way as to guarantee the company's sustainability and the enhancement of the Tecnisa brand.

Tecnisa (BSP:TCSA3) Headlines

No Headlines