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DRDGold (DRDGold) Shiller PE Ratio : 21.96 (As of Apr. 24, 2024)


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What is DRDGold Shiller PE Ratio?

As of today (2024-04-24), DRDGold's current share price is $0.8785. DRDGold's E10 for the fiscal year that ended in Jun23 was $0.04. DRDGold's Shiller PE Ratio for today is 21.96.

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

DRDGF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.92   Med: 30.7   Max: 194.64
Current: 24.76

During the past 13 years, DRDGold's highest Shiller PE Ratio was 194.64. The lowest was 4.92. And the median was 30.70.

DRDGF's Shiller PE Ratio is ranked worse than
54.2% of 369 companies
in the Metals & Mining industry
Industry Median: 22.33 vs DRDGF: 24.76

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.

DRDGold's adjusted earnings per share data of for the fiscal year that ended in Jun23 was $0.079. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.04 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


DRDGold Shiller PE Ratio Historical Data

The historical data trend for DRDGold'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.

DRDGold Shiller PE Ratio Chart

DRDGold 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 30.29 198.07 34.54 21.14 32.11

DRDGold Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 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 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 30.29 198.07 34.54 21.14 32.11

Competitive Comparison of DRDGold's Shiller PE Ratio

For the Gold subindustry, DRDGold'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.


DRDGold's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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



DRDGold 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.

DRDGold's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.8785/0.04
=21.96

* 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.

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

For example, DRDGold'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)
=0.079/148.8016*148.8016
=0.079

Current CPI (Jun23) = 148.8016.

DRDGold Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.011 95.813 -0.017
201506 0.014 100.173 0.021
201606 0.010 106.713 0.014
201706 0.002 112.054 0.003
201806 0.001 116.959 0.001
201906 0.008 122.191 0.010
202006 0.047 124.807 0.056
202106 0.120 131.113 0.136
202206 0.083 140.835 0.088
202306 0.079 148.802 0.079

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.


DRDGold  (OTCPK:DRDGF) 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.


DRDGold Shiller PE Ratio Related Terms

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DRDGold (DRDGold) Business Description

Traded in Other Exchanges
Address
Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, ZAF, 1709
DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. It has two operating segments: the Ergo which is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central the business district as well as the East and Central Rand goldfields; and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the revenue.

DRDGold (DRDGold) Headlines

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