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Remitly Global does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate Shiller PE Ratio for this company.
The historical data trend for Remitly Global'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.
Remitly Global Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Shiller PE Ratio | - | - | - | - | - |
Remitly Global Quarterly Data | ||||||||||||||||
Dec19 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Shiller PE Ratio | Get a 7-Day Free Trial | - | - | - | - | - |
For the Software - Infrastructure subindustry, Remitly Global'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.
For the Software industry and Technology sector, Remitly Global's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Remitly Global's Shiller PE Ratio falls into.
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.
Remitly Global does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate Shiller PE Ratio for this company.
Remitly Global (NAS:RELY) 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.
Thank you for viewing the detailed overview of Remitly Global's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Rene Yoakum | officer: EVP, Customer and Culture | C/O REMITLY GLOBAL, INC., 1111 3RD AVE., 21ST FLOOR, SEATTLE WA 98101 |
Bora Chung | director | C/O BILL.COM HOLDINGS, INC., 1810 EMBARCADERO ROAD, PALO ALTO CA 94303 |
Matthew B. Oppenheimer | director, officer: Chief Executive Officer | 1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101 |
Hemanth Munipalli | officer: Chief Financial Officer | C/O REMITLY GLOBAL, INC., 1111 THIRD AVENUE, SUITE 2100, SEATTLE WA 98101 |
Joshua Hug | director, officer: Chief Operating Officer | 1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101 |
Ankur Sinha | officer: Chief Technology Officer | C/O REMITLY GLOBAL, INC., 1111 3RD AVE., 21ST FLOOR, SEATTLE WA 98101 |
Nigel W Morris | director | 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102 |
Gail A Miller | officer: Chief Accounting Officer | C/O REMITLY GLOBAL, INC., 1111 3RD AVE., 21ST FLOOR, SEATTLE, WA 98101 |
Phyllis J Campbell | director | C/O AIR TRANSPORT SERVICES GROUP, INC., 145 HUNTER DRIVE, WILMINGTON OH 45177 |
Ryno Blignaut | director | C/O XOOM CORPORATION, 100 BUSH STREET, SUITE 300, SAN FRANCISCO CA 94104 |
Stripes Holdings, Llc | 10 percent owner | 402 WEST 13TH ST., 4TH FLOOR, NEW YORK NY 10014 |
Stripes Iii, Lp | 10 percent owner | 402 WEST 13TH STREET, 4TH FLOOR, NEW YORK NY 10014 |
Stripes Gp Iii, Llc | 10 percent owner | 402 WEST 13TH STREET, NEW YORK NY 10014 |
Kenneth A Fox | 10 percent owner | |
William Kazuo Bryant | director | 1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101 |
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