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PrairieSky Royalty (PrairieSky Royalty) Shiller PE Ratio : 41.12 (As of Apr. 27, 2024)


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What is PrairieSky Royalty Shiller PE Ratio?

As of today (2024-04-27), PrairieSky Royalty's current share price is $19.7392. PrairieSky Royalty's E10 for the quarter that ended in Mar. 2024 was $0.48. PrairieSky Royalty's Shiller PE Ratio for today is 41.12.

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

PREKF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 41.79   Med: 43.27   Max: 43.52
Current: 42

During the past years, PrairieSky Royalty's highest Shiller PE Ratio was 43.52. The lowest was 41.79. And the median was 43.27.

PREKF's Shiller PE Ratio is ranked worse than
84.17% of 417 companies
in the Oil & Gas industry
Industry Median: 17.84 vs PREKF: 42.00

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.

PrairieSky Royalty's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.148. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PrairieSky Royalty Shiller PE Ratio Historical Data

The historical data trend for PrairieSky Royalty'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.

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PrairieSky Royalty Shiller PE Ratio Chart

PrairieSky Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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PrairieSky Royalty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 41.32

Competitive Comparison of PrairieSky Royalty's Shiller PE Ratio

For the Oil & Gas E&P subindustry, PrairieSky Royalty'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.


PrairieSky Royalty's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PrairieSky Royalty's Shiller PE Ratio distribution charts can be found below:

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



PrairieSky Royalty 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.

PrairieSky Royalty's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=19.7392/0.48
=41.12

* 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.

PrairieSky Royalty's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, PrairieSky Royalty's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.148/125.4675*125.4675
=0.148

Current CPI (Mar. 2024) = 125.4675.

PrairieSky Royalty Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.000 99.473 0.000
201409 0.427 99.394 0.539
201412 0.000 98.367 0.000
201503 0.087 99.789 0.109
201506 0.129 100.500 0.161
201509 0.068 100.421 0.085
201512 0.029 99.947 0.036
201603 0.008 101.054 0.010
201606 -0.016 102.002 -0.020
201609 0.023 101.765 0.028
201612 0.052 101.449 0.064
201703 0.067 102.634 0.082
201706 0.128 103.029 0.156
201709 0.065 103.345 0.079
201712 0.133 103.345 0.161
201803 0.062 105.004 0.074
201806 0.084 105.557 0.100
201809 0.092 105.636 0.109
201812 0.022 105.399 0.026
201903 0.082 106.979 0.096
201906 0.143 107.690 0.167
201909 0.053 107.611 0.062
201912 0.084 107.769 0.098
202003 0.029 107.927 0.034
202006 -0.001 108.401 -0.001
202009 0.030 108.164 0.035
202012 0.047 108.559 0.054
202103 0.064 110.298 0.073
202106 0.098 111.720 0.110
202109 0.118 112.905 0.131
202112 0.148 113.774 0.163
202203 0.213 117.646 0.227
202206 0.359 120.806 0.373
202209 0.240 120.648 0.250
202212 0.206 120.964 0.214
202303 0.175 122.702 0.179
202306 0.151 124.203 0.153
202309 0.170 125.230 0.170
202312 0.209 125.468 0.209
202403 0.148 125.468 0.148

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.


PrairieSky Royalty  (OTCPK:PREKF) 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.


PrairieSky Royalty Shiller PE Ratio Related Terms

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PrairieSky Royalty (PrairieSky Royalty) Business Description

Traded in Other Exchanges
Address
350 - 7th Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 3N9
PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.

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