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S Split (TSX:SBN) Shiller PE Ratio : (As of May. 11, 2024)


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What is S Split Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


S Split Shiller PE Ratio Historical Data

The historical data trend for S Split'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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S Split Shiller PE Ratio Chart

S Split 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 19.50 - 15.06 - -

S Split Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 15.06 - - - -

Competitive Comparison of S Split's Shiller PE Ratio

For the Asset Management subindustry, S Split'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.


S Split's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



S Split 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.

S Split's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, S Split's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.807/125.4675*125.4675
=-0.807

Current CPI (Dec23) = 125.4675.

S Split Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.260 98.367 0.332
201512 -2.992 99.947 -3.756
201612 3.514 101.449 4.346
201712 1.255 103.345 1.524
201812 -3.130 105.399 -3.726
201912 0.719 107.769 0.837
202012 -1.605 108.559 -1.855
202112 3.296 113.774 3.635
202212 -5.223 120.964 -5.417
202312 -0.807 125.468 -0.807

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.


S Split  (TSX:SBN) 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.


S Split Shiller PE Ratio Related Terms

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S Split (TSX:SBN) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 2600, P.O. Box 113, Toronto, ON, CAN, M5H 3T9
S Split Corp is a mutual fund corporation. The Fund invests in common shares of The Bank of Nova Scotia (BNS) and may also invest up to 10 percent of its net assets to purchase call options in respect of securities in which the Fund is permitted to invest. The Fund employs an active covered call strategy to enhance the income generated by the BNS shares and to reduce volatility. In addition, the Fund may write cash-covered put options in respect of securities in which it is permitted to invest.

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