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Franco-Nevada (Franco-Nevada) Shiller PE Ratio

: 89.04 (As of Today)
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As of today (2024-04-23), Franco-Nevada's current share price is $119.32. Franco-Nevada's E10 for the quarter that ended in Dec. 2023 was $1.34. Franco-Nevada's Shiller PE Ratio for today is 89.04.

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

FNV' s Shiller PE Ratio Range Over the Past 10 Years
Min: 61.67   Med: 139.59   Max: 286.89
Current: 92.5

During the past years, Franco-Nevada's highest Shiller PE Ratio was 286.89. The lowest was 61.67. And the median was 139.59.

FNV's Shiller PE Ratio is ranked worse than
90.54% of 370 companies
in the Metals & Mining industry
Industry Median: 21.67 vs FNV: 92.50

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.

Franco-Nevada's adjusted earnings per share data for the three months ended in Dec. 2023 was $-5.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franco-Nevada Shiller PE Ratio Historical Data

The historical data trend for Franco-Nevada'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.

Franco-Nevada 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 162.56 161.79 113.96 91.15 82.88

Franco-Nevada 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 91.15 92.40 83.27 76.28 82.88

Competitive Comparison

For the Gold subindustry, Franco-Nevada'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.


Franco-Nevada Shiller PE Ratio Distribution

For the Metals & Mining industry and Basic Materials sector, Franco-Nevada's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Franco-Nevada's Shiller PE Ratio falls into.



Franco-Nevada 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.

Franco-Nevada's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=119.32/1.34
=89.04

* 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.

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

For example, Franco-Nevada'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)
=-5.12/125.4675*125.4675
=-5.120

Current CPI (Dec. 2023) = 125.4675.

Franco-Nevada Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.241 98.604 0.307
201406 0.251 99.473 0.317
201409 0.221 99.394 0.279
201412 -0.010 98.367 -0.013
201503 0.121 99.789 0.152
201506 0.141 100.500 0.176
201509 0.101 100.421 0.126
201512 -0.201 99.947 -0.252
201603 0.181 101.054 0.225
201606 0.241 102.002 0.296
201609 0.302 101.765 0.372
201612 -0.030 101.449 -0.037
201703 0.251 102.634 0.307
201706 0.251 103.029 0.306
201709 0.322 103.345 0.391
201712 0.231 103.345 0.280
201803 0.352 105.004 0.421
201806 0.291 105.557 0.346
201809 0.281 105.636 0.334
201812 -0.171 105.399 -0.204
201903 0.352 106.979 0.413
201906 0.342 107.690 0.398
201909 0.543 107.611 0.633
201912 0.603 107.769 0.702
202003 -0.523 107.927 -0.608
202006 0.503 108.401 0.582
202009 0.814 108.164 0.944
202012 0.925 108.559 1.069
202103 0.905 110.298 1.029
202106 0.925 111.720 1.039
202109 0.874 112.905 0.971
202112 1.137 113.774 1.254
202203 0.950 117.646 1.013
202206 1.020 120.806 1.059
202209 0.820 120.648 0.853
202212 0.860 120.964 0.892
202303 0.810 122.702 0.828
202306 0.960 124.203 0.970
202309 0.910 125.230 0.912
202312 -5.120 125.468 -5.120

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.


Franco-Nevada  (NYSE:FNV) 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.


Franco-Nevada Shiller PE Ratio Related Terms

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


Franco-Nevada (Franco-Nevada) Business Description

Address
199 Bay Street, Suite 2000, P.O. Box 285, Commerce Court Postal Station, Toronto, ON, CAN, M5L 1G9
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the United States, Canada, and Australia.

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