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Atrium Mortgage Investment (TSX:AI) Shiller PE Ratio

: 9.77 (As of Today)
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As of today (2024-04-19), Atrium Mortgage Investment's current share price is C$11.04. Atrium Mortgage Investment's E10 for the quarter that ended in Dec. 2023 was C$1.13. Atrium Mortgage Investment's Shiller PE Ratio for today is 9.77.

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

TSX:AI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.01   Med: 10.87   Max: 14.47
Current: 9.86

During the past years, Atrium Mortgage Investment's highest Shiller PE Ratio was 14.47. The lowest was 9.01. And the median was 10.87.

TSX:AI's Shiller PE Ratio is ranked better than
52.93% of 1126 companies
in the Banks industry
Industry Median: 10.18 vs TSX:AI: 9.86

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.

Atrium Mortgage Investment's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$1.13 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atrium Mortgage Investment Shiller PE Ratio Historical Data

The historical data trend for Atrium Mortgage Investment'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.

Atrium Mortgage Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 13.65 9.85 9.27

Atrium Mortgage Investment 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 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 Premium Member Only Premium Member Only Premium Member Only 9.85 10.78 9.97 9.29 9.27

Competitive Comparison

For the Mortgage Finance subindustry, Atrium Mortgage Investment'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.


Atrium Mortgage Investment Shiller PE Ratio Distribution

For the Banks industry and Financial Services sector, Atrium Mortgage Investment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Atrium Mortgage Investment's Shiller PE Ratio falls into.



Atrium Mortgage Investment 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.

Atrium Mortgage Investment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.04/1.13
=9.77

* 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.

Atrium Mortgage Investment's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Atrium Mortgage Investment'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)
=0.26/125.4675*125.4675
=0.260

Current CPI (Dec. 2023) = 125.4675.

Atrium Mortgage Investment Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.230 98.604 0.293
201406 0.230 99.473 0.290
201409 0.230 99.394 0.290
201412 0.220 98.367 0.281
201503 0.230 99.789 0.289
201506 0.240 100.500 0.300
201509 0.240 100.421 0.300
201512 0.230 99.947 0.289
201603 0.230 101.054 0.286
201606 0.240 102.002 0.295
201609 0.250 101.765 0.308
201612 0.240 101.449 0.297
201703 0.240 102.634 0.293
201706 0.230 103.029 0.280
201709 0.230 103.345 0.279
201712 0.240 103.345 0.291
201803 0.240 105.004 0.287
201806 0.240 105.557 0.285
201809 0.240 105.636 0.285
201812 0.230 105.399 0.274
201903 0.240 106.979 0.281
201906 0.240 107.690 0.280
201909 0.250 107.611 0.291
201912 0.230 107.769 0.268
202003 0.230 107.927 0.267
202006 0.230 108.401 0.266
202009 0.220 108.164 0.255
202012 0.240 108.559 0.277
202103 0.230 110.298 0.262
202106 0.250 111.720 0.281
202109 0.250 112.905 0.278
202112 0.250 113.774 0.276
202203 0.250 117.646 0.267
202206 0.250 120.806 0.260
202209 0.270 120.648 0.281
202212 0.300 120.964 0.311
202303 0.310 122.702 0.317
202306 0.320 124.203 0.323
202309 0.250 125.230 0.250
202312 0.260 125.468 0.260

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.


Atrium Mortgage Investment  (TSX:AI) 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.


Atrium Mortgage Investment Shiller PE Ratio Related Terms

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


Atrium Mortgage Investment (TSX:AI) Business Description

Traded in Other Exchanges
Address
20 Adelaide Street East, Suite 900, Toronto, ON, CAN, M5C 2T6
Atrium Mortgage Investment Corp is a mortgage investment corporation in Canada. The company is a provider of financing solutions to commercial real estate and development communities in urban centers in Ontario and Western Canada. The company generates its revenue from mortgage interest and fees and rental income.