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Fiera Capital (TSX:FSZ) Shiller PE Ratio : 24.93 (As of Apr. 26, 2024)


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What is Fiera Capital Shiller PE Ratio?

As of today (2024-04-26), Fiera Capital's current share price is C$6.98. Fiera Capital's E10 for the quarter that ended in Dec. 2023 was C$0.28. Fiera Capital's Shiller PE Ratio for today is 24.93.

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

TSX:FSZ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 17.5   Med: 29.97   Max: 37.6
Current: 26.44

During the past years, Fiera Capital's highest Shiller PE Ratio was 37.60. The lowest was 17.50. And the median was 29.97.

TSX:FSZ's Shiller PE Ratio is ranked worse than
86.15% of 758 companies
in the Asset Management industry
Industry Median: 12.595 vs TSX:FSZ: 26.44

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.

Fiera Capital's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.375. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fiera Capital Shiller PE Ratio Historical Data

The historical data trend for Fiera Capital'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.

Fiera Capital Shiller PE Ratio Chart

Fiera Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 35.06 21.96

Fiera Capital 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 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 35.06 31.57 25.89 21.88 21.96

Competitive Comparison of Fiera Capital's Shiller PE Ratio

For the Asset Management subindustry, Fiera Capital'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.


Fiera Capital's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fiera Capital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fiera Capital's Shiller PE Ratio falls into.



Fiera Capital 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.

Fiera Capital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.98/0.28
=24.93

* 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.

Fiera Capital's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Fiera Capital'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)
=0.375/125.4675*125.4675
=0.375

Current CPI (Dec. 2023) = 125.4675.

Fiera Capital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.040 98.604 0.051
201406 0.110 99.473 0.139
201409 0.070 99.394 0.088
201412 0.170 98.367 0.217
201503 0.050 99.789 0.063
201506 0.110 100.500 0.137
201509 0.100 100.421 0.125
201512 0.130 99.947 0.163
201603 0.100 101.054 0.124
201606 0.110 102.002 0.135
201609 0.010 101.765 0.012
201612 0.060 101.449 0.074
201703 0.050 102.634 0.061
201706 0.010 103.029 0.012
201709 0.050 103.345 0.061
201712 0.000 103.345 0.000
201803 -0.020 105.004 -0.024
201806 -0.020 105.557 -0.024
201809 0.010 105.636 0.012
201812 -0.010 105.399 -0.012
201903 -0.070 106.979 -0.082
201906 -0.060 107.690 -0.070
201909 -0.050 107.611 -0.058
201912 0.030 107.769 0.035
202003 0.070 107.927 0.081
202006 -0.140 108.401 -0.162
202009 0.040 108.164 0.046
202012 -0.010 108.559 -0.012
202103 0.187 110.298 0.213
202106 0.120 111.720 0.135
202109 0.020 112.905 0.022
202112 0.330 113.774 0.364
202203 0.030 117.646 0.032
202206 0.100 120.806 0.104
202209 0.080 120.648 0.083
202212 0.020 120.964 0.021
202303 -0.020 122.702 -0.020
202306 0.090 124.203 0.091
202309 0.090 125.230 0.090
202312 0.375 125.468 0.375

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.


Fiera Capital  (TSX:FSZ) 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.


Fiera Capital Shiller PE Ratio Related Terms

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


Fiera Capital (TSX:FSZ) Business Description

Traded in Other Exchanges
Address
1981 McGill College Avenue, Suite 1500, Montreal, QC, CAN, H3A 0H5
Fiera Capital Corp is a asset management firm which delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients. The company offers institutional clients a complete range of traditional and alternative investment strategies through specialized and balanced mandates. Its geographical segments are Canada, United States, and Europe & other. The company derives majority of the revenue from United States.

Fiera Capital (TSX:FSZ) Headlines