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Sixth Wave Innovations (Sixth Wave Innovations) Shiller PE Ratio : (As of Apr. 29, 2024)


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What is Sixth Wave Innovations Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sixth Wave Innovations Shiller PE Ratio Historical Data

The historical data trend for Sixth Wave Innovations'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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Sixth Wave Innovations Shiller PE Ratio Chart

Sixth Wave Innovations Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Shiller PE Ratio
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Sixth Wave Innovations Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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Competitive Comparison of Sixth Wave Innovations's Shiller PE Ratio

For the Specialty Chemicals subindustry, Sixth Wave Innovations'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.


Sixth Wave Innovations's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sixth Wave Innovations's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sixth Wave Innovations's Shiller PE Ratio falls into.



Sixth Wave Innovations 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.

Sixth Wave Innovations's E10 for the quarter that ended in May. 2023 is calculated as:

For example, Sixth Wave Innovations's adjusted earnings per share data for the three months ended in May. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2023 (Change)*Current CPI (May. 2023)
=-0.052/124.0453*124.0453
=-0.052

Current CPI (May. 2023) = 124.0453.

Sixth Wave Innovations Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201308 0.034 97.261 0.043
201311 -0.067 97.182 -0.086
201402 -0.063 98.051 -0.080
201405 -1.028 99.394 -1.283
201408 0.192 99.315 0.240
201411 -1.483 99.078 -1.857
201502 -0.056 99.078 -0.070
201505 -0.115 100.263 -0.142
201508 -5.113 100.579 -6.306
201511 -0.206 100.421 -0.254
201602 -0.240 100.421 -0.296
201605 -0.191 101.765 -0.233
201608 -0.162 101.686 -0.198
201611 -0.104 101.607 -0.127
201702 -0.160 102.476 -0.194
201705 -0.051 103.108 -0.061
201708 -0.444 103.108 -0.534
201711 -0.055 103.740 -0.066
201802 -0.556 104.688 -0.659
201805 -0.021 105.399 -0.025
201808 -0.128 106.031 -0.150
201811 -0.159 105.478 -0.187
201902 -0.159 106.268 -0.186
201905 -0.312 107.927 -0.359
201908 -0.316 108.085 -0.363
201911 -0.264 107.769 -0.304
202002 -0.211 108.559 -0.241
202005 -0.150 107.532 -0.173
202008 -1.270 108.243 -1.455
202011 -0.161 108.796 -0.184
202102 -0.110 109.745 -0.124
202105 -0.115 111.404 -0.128
202108 -0.500 112.668 -0.550
202111 -0.111 113.932 -0.121
202202 -0.110 115.986 -0.118
202205 -0.054 120.016 -0.056
202208 -0.108 120.569 -0.111
202211 -0.052 121.675 -0.053
202302 -0.052 122.070 -0.053
202305 -0.052 124.045 -0.052

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.


Sixth Wave Innovations  (OTCPK:SIXWF) 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.


Sixth Wave Innovations Shiller PE Ratio Related Terms

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Sixth Wave Innovations (Sixth Wave Innovations) Business Description

Traded in Other Exchanges
Address
210 Waterfront Drive Bedford, Suite 110, Nova Scotia, BC, CAN, B4A 0H3
Sixth Wave Innovations Inc is a nanotechnology company that uses patented Molecularly Imprinted Polymers (MIPs) for imprinting, capturing, and releasing substances at the molecular level. Its current products are in the process of commercialization in gold mining, cannabis production and health and security with rapid virus detection.

Sixth Wave Innovations (Sixth Wave Innovations) Headlines

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