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Copa Holdings (Copa Holdings) Shiller PE Ratio : 17.15 (As of Apr. 25, 2024)


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What is Copa Holdings Shiller PE Ratio?

As of today (2024-04-25), Copa Holdings's current share price is $99.14. Copa Holdings's E10 for the quarter that ended in Dec. 2023 was $5.78. Copa Holdings's Shiller PE Ratio for today is 17.15.

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

CPA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.01   Med: 15.68   Max: 32.17
Current: 17.15

During the past years, Copa Holdings's highest Shiller PE Ratio was 32.17. The lowest was 5.01. And the median was 15.68.

CPA's Shiller PE Ratio is ranked better than
50.97% of 565 companies
in the Transportation industry
Industry Median: 17.1 vs CPA: 17.15

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.

Copa Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $4.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Copa Holdings Shiller PE Ratio Historical Data

The historical data trend for Copa Holdings'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.

Copa Holdings Shiller PE Ratio Chart

Copa Holdings 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 17.46 13.57 15.54 14.90 18.39

Copa Holdings 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 14.90 16.34 19.97 15.68 18.39

Competitive Comparison of Copa Holdings's Shiller PE Ratio

For the Airlines subindustry, Copa Holdings'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.


Copa Holdings's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Copa Holdings's Shiller PE Ratio distribution charts can be found below:

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



Copa Holdings 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.

Copa Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=99.14/5.78
=17.15

* 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.

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

For example, Copa Holdings'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)
=4.55/129.4194*129.4194
=4.550

Current CPI (Dec. 2023) = 129.4194.

Copa Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 3.410 99.695 4.427
201406 2.660 100.560 3.423
201409 1.490 100.428 1.920
201412 0.810 99.070 1.058
201503 2.570 99.621 3.339
201506 1.460 100.684 1.877
201509 0.140 100.392 0.180
201512 -9.440 99.792 -12.243
201603 2.740 100.470 3.529
201606 1.290 101.688 1.642
201609 1.750 101.861 2.223
201612 2.140 101.863 2.719
201703 2.380 102.862 2.994
201706 1.380 103.349 1.728
201709 2.480 104.136 3.082
201712 2.230 104.011 2.775
201803 3.220 105.290 3.958
201806 1.170 106.317 1.424
201809 1.360 106.507 1.653
201812 -3.670 105.998 -4.481
201903 2.110 107.251 2.546
201906 1.200 108.070 1.437
201909 2.450 108.329 2.927
201912 0.060 108.420 0.072
202003 1.750 108.902 2.080
202006 0.660 108.767 0.785
202009 2.450 109.815 2.887
202012 -4.170 109.897 -4.911
202103 -2.600 111.754 -3.011
202106 0.660 114.631 0.745
202109 0.190 115.734 0.212
202112 2.780 117.630 3.059
202203 0.470 121.301 0.501
202206 3.010 125.017 3.116
202209 2.930 125.227 3.028
202212 2.230 125.222 2.305
202303 3.070 127.348 3.120
202306 0.440 128.729 0.442
202309 4.720 129.860 4.704
202312 4.550 129.419 4.550

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.


Copa Holdings  (NYSE:CPA) 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.


Copa Holdings Shiller PE Ratio Related Terms

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


Copa Holdings (Copa Holdings) Business Description

Traded in Other Exchanges
Address
Costa del Este, Complejo Business Park, Avenida Principal y Avenida de la Rotonda, Torre Norte Parque Lefevre, Panama, PAN
Copa Holdings SA is a provider of airline passenger and cargo service through its subsidiaries. The company operates through the air transportation segment. It offers international air transportation for passengers, cargo, and mail, operating from its Panama City hub in the Republic of Panama and domestic and international air transportation for passengers, cargo and mail with a point-to-point route network through Copa Colombia a Colombian air carrier. The company's geographical segments are North America, South America, Central America, and Caribbean. It derives a majority of revenue from South America.