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Premiumome (TSX:PIC.A) Shiller PE Ratio : 19.90 (As of May. 12, 2024)


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What is Premiumome Shiller PE Ratio?

As of today (2024-05-12), Premiumome's current share price is C$4.18. Premiumome's E10 for the fiscal year that ended in Oct23 was C$0.21. Premiumome's Shiller PE Ratio for today is 19.90.

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

TSX:PIC.A' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.82   Med: 21.58   Max: 45.63
Current: 19.76

During the past 13 years, Premiumome's highest Shiller PE Ratio was 45.63. The lowest was 3.82. And the median was 21.58.

TSX:PIC.A's Shiller PE Ratio is ranked worse than
75.69% of 761 companies
in the Asset Management industry
Industry Median: 12.92 vs TSX:PIC.A: 19.76

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.

Premiumome's adjusted earnings per share data of for the fiscal year that ended in Oct23 was C$-3.197. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.21 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Premiumome Shiller PE Ratio Historical Data

The historical data trend for Premiumome'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.

Premiumome Shiller PE Ratio Chart

Premiumome Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.43 17.27 6.54 7.87 18.68

Premiumome Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 6.54 - 7.87 - 18.68

Competitive Comparison of Premiumome's Shiller PE Ratio

For the Asset Management subindustry, Premiumome'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.


Premiumome's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Premiumome 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.

Premiumome's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.18/0.21
=19.90

* 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.

Premiumome's E10 for the fiscal year that ended in Oct23 is calculated as:

For example, Premiumome's adjusted earnings per share data for the fiscal year that ended in Oct23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Oct23 (Change)*Current CPI (Oct23)
=-3.197/125.3095*125.3095
=-3.197

Current CPI (Oct23) = 125.3095.

Premiumome Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201410 2.468 99.473 3.109
201510 -1.974 100.500 -2.461
201610 1.026 102.002 1.260
201710 2.993 103.424 3.626
201810 -1.560 105.952 -1.845
201910 0.863 107.927 1.002
202010 -4.245 108.638 -4.896
202110 7.324 113.695 8.072
202210 -2.478 121.517 -2.555
202310 -3.197 125.310 -3.197

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.


Premiumome  (TSX:PIC.A) 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.


Premiumome Shiller PE Ratio Related Terms

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Premiumome (TSX:PIC.A) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 2600, P.O. Box 113, Standard Life Centre, Toronto, ON, CAN, M5H 3T9
Premium Income Corp is a mutual fund corporation. The investment objective is to provide Preferred shareholders with cumulative preferential quarterly cash distributions to provide Class A shareholders with quarterly cash distributions and return the original issue price to holders of both Preferred shares and Class A shares upon windup of the Fund. The fund mainly invests in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank and common shares of National Bank of Canada.

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