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Cogeco Communications (TSX:CCA) Shiller PE Ratio : 7.63 (As of Apr. 26, 2024)


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What is Cogeco Communications Shiller PE Ratio?

As of today (2024-04-26), Cogeco Communications's current share price is C$54.33. Cogeco Communications's E10 for the quarter that ended in Feb. 2024 was C$7.12. Cogeco Communications's Shiller PE Ratio for today is 7.63.

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

TSX:CCA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.41   Med: 27.08   Max: 53.67
Current: 7.91

During the past years, Cogeco Communications's highest Shiller PE Ratio was 53.67. The lowest was 7.41. And the median was 27.08.

TSX:CCA's Shiller PE Ratio is ranked better than
80% of 210 companies
in the Telecommunication Services industry
Industry Median: 14.865 vs TSX:CCA: 7.91

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.

Cogeco Communications's adjusted earnings per share data for the three months ended in Feb. 2024 was C$2.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$7.12 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cogeco Communications Shiller PE Ratio Historical Data

The historical data trend for Cogeco Communications'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.

Cogeco Communications Shiller PE Ratio Chart

Cogeco Communications Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.85 22.01 20.76 12.70 9.55

Cogeco Communications Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 10.56 9.38 9.55 7.38 8.38

Competitive Comparison of Cogeco Communications's Shiller PE Ratio

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Shiller PE Ratio distribution charts can be found below:

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



Cogeco Communications 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.

Cogeco Communications's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=54.33/7.12
=7.63

* 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.

Cogeco Communications's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, Cogeco Communications's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=2.2/125.4675*125.4675
=2.200

Current CPI (Feb. 2024) = 125.4675.

Cogeco Communications Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.720 99.394 0.909
201408 1.300 99.315 1.642
201411 1.150 99.078 1.456
201502 1.190 99.078 1.507
201505 1.300 100.263 1.627
201508 1.580 100.579 1.971
201511 1.240 100.421 1.549
201602 1.260 100.421 1.574
201605 -7.890 101.765 -9.728
201608 1.520 101.686 1.875
201611 1.520 101.607 1.877
201702 1.550 102.476 1.898
201705 1.540 103.108 1.874
201708 1.430 103.108 1.740
201711 1.530 103.740 1.850
201802 2.830 104.688 3.392
201805 1.240 105.399 1.476
201808 1.450 106.031 1.716
201811 1.410 105.478 1.677
201902 1.530 106.268 1.806
201905 3.590 107.927 4.173
201908 1.810 108.085 2.101
201911 1.700 107.769 1.979
202002 2.220 108.559 2.566
202005 1.870 107.532 2.182
202008 1.890 108.243 2.191
202011 2.220 108.796 2.560
202102 2.140 109.745 2.447
202105 2.010 111.404 2.264
202108 2.040 112.668 2.272
202111 2.270 113.932 2.500
202202 2.380 115.986 2.575
202205 2.160 120.016 2.258
202208 2.280 120.569 2.373
202211 2.440 121.675 2.516
202302 2.190 122.070 2.251
202305 2.160 124.045 2.185
202308 1.950 125.389 1.951
202311 2.010 125.468 2.010
202402 2.200 125.468 2.200

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.


Cogeco Communications  (TSX:CCA) 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.


Cogeco Communications Shiller PE Ratio Related Terms

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Cogeco Communications (TSX:CCA) Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides Internet, video and phone services to residential, business and other customers. The reportable segments of the company are Canadian telecommunications and American telecommunications. The company earns majority of its revenue from American telecommunications. The company operates in Canada and United States.

Cogeco Communications (TSX:CCA) Headlines