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Comvita (Comvita) Shiller PE Ratio : 26.00 (As of Apr. 27, 2024)


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What is Comvita Shiller PE Ratio?

As of today (2024-04-27), Comvita's current share price is $1.56. Comvita's E10 for the fiscal year that ended in Jun23 was $0.06. Comvita's Shiller PE Ratio for today is 26.00.

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

CVNZF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.36   Med: 30.4   Max: 42.11
Current: 20.59

During the past 13 years, Comvita's highest Shiller PE Ratio was 42.11. The lowest was 14.36. And the median was 30.40.

CVNZF's Shiller PE Ratio is ranked worse than
55.14% of 1070 companies
in the Consumer Packaged Goods industry
Industry Median: 18.64 vs CVNZF: 20.59

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.

Comvita's adjusted earnings per share data of for the fiscal year that ended in Jun23 was $0.096. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.06 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comvita Shiller PE Ratio Historical Data

The historical data trend for Comvita'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.

Comvita Shiller PE Ratio Chart

Comvita Annual Data
Trend Mar13 Mar14 Mar15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.05 27.95 39.01 28.59 29.23

Comvita Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 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 - 28.59 - 29.23 -

Competitive Comparison of Comvita's Shiller PE Ratio

For the Packaged Foods subindustry, Comvita'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.


Comvita's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Comvita's Shiller PE Ratio distribution charts can be found below:

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



Comvita 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.

Comvita's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.56/0.06
=26.00

* 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.

Comvita's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Comvita'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)
=0.096/125.8458*125.8458
=0.096

Current CPI (Jun23) = 125.8458.

Comvita Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 0.190 97.895 0.244
201403 0.194 99.396 0.246
201503 0.206 99.646 0.260
201706 0.156 102.231 0.192
201806 0.115 103.764 0.139
201906 -0.376 105.502 -0.449
202006 -0.123 107.035 -0.145
202106 0.097 110.614 0.110
202206 0.115 118.690 0.122
202306 0.096 125.846 0.096

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.


Comvita  (OTCPK:CVNZF) 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.


Comvita Shiller PE Ratio Related Terms

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Comvita (Comvita) Business Description

Traded in Other Exchanges
Address
23 Wilson Road South, Private Bag 1, Paengaroa, Te Puke, BOP, NZL, 3153
Comvita Ltd is a New Zealand based company. It is engaged in the development and marketing of natural health and wellbeing products. Its products include manuka honey, manuka honey extract, nutritional oils, royal jelly, olive leaf extract, and other products. The company's geographical segments include Greater China; ANZ; Rest of Asia; Rest of Asia and EMEA. It derives a majority of its revenue from Greater China.