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Cardinal Ethanol LLC (Cardinal Ethanol LLC) PE Ratio : 5.16 (As of May. 03, 2024)


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What is Cardinal Ethanol LLC PE Ratio?

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-05-03), Cardinal Ethanol LLC's share price is $20000.00. Cardinal Ethanol LLC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3,877.00. Therefore, Cardinal Ethanol LLC's PE Ratio for today is 5.16.

During the past 13 years, Cardinal Ethanol LLC's highest PE Ratio was 5037.31. The lowest was 1.14. And the median was 7.85.

Cardinal Ethanol LLC's EPS (Diluted) for the three months ended in Dec. 2023 was $186.00. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3,877.00.

As of today (2024-05-03), Cardinal Ethanol LLC's share price is $20000.00. Cardinal Ethanol LLC's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3,877.00. Therefore, Cardinal Ethanol LLC's PE Ratio without NRI ratio for today is 5.16.

During the past 13 years, Cardinal Ethanol LLC's highest PE Ratio without NRI was 5037.31. The lowest was 1.14. And the median was 7.85.

Cardinal Ethanol LLC's EPS without NRI for the three months ended in Dec. 2023 was $186.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $3,877.00.

During the past 12 months, Cardinal Ethanol LLC's average EPS without NRI Growth Rate was -18.20% per year.

During the past 13 years, Cardinal Ethanol LLC's highest 3-Year average EPS without NRI Growth Rate was 175.50% per year. The lowest was -46.40% per year. And the median was 8.90% per year.

Cardinal Ethanol LLC's EPS (Basic) for the three months ended in Dec. 2023 was $186.00. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $3,877.00.

Back to Basics: PE Ratio


Cardinal Ethanol LLC PE Ratio Historical Data

The historical data trend for Cardinal Ethanol LLC's 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.

Cardinal Ethanol LLC PE Ratio Chart

Cardinal Ethanol LLC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss At Loss 3.90 2.64 3.54

Cardinal Ethanol LLC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.27 3.08 4.41 3.54 5.02

Competitive Comparison of Cardinal Ethanol LLC's PE Ratio

For the Chemicals subindustry, Cardinal Ethanol LLC's PE Ratio, along with its competitors' market caps and 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.


Cardinal Ethanol LLC's PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cardinal Ethanol LLC's PE Ratio distribution charts can be found below:

* The bar in red indicates where Cardinal Ethanol LLC's PE Ratio falls into.



Cardinal Ethanol LLC PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Cardinal Ethanol LLC's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=20000.00/3877.000
=5.16

Cardinal Ethanol LLC's Share Price of today is $20000.00.
Cardinal Ethanol LLC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,877.00.


* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Cardinal Ethanol LLC  (OTCPK:CRDE) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Cardinal Ethanol LLC PE Ratio Related Terms

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Cardinal Ethanol LLC (Cardinal Ethanol LLC) Business Description

Traded in Other Exchanges
N/A
Address
1554 North County Road 600 East, Union City, IN, USA, 47390
Cardinal Ethanol LLC is a producer and seller of fuel-grade ethanol, distiller's grains, corn oil, and carbon dioxide throughout the continent of the United States. The company's prime selling products include ethanol, dried distillers grains, corn oil, and carbon dioxide. Its two operating segments are ethanol production through the Ethanol Division; and trading of agricultural grains through the Trading Division. The revenues from Ethanol Division come from primary sources: sales of fuel ethanol which is the key revenue driver. Revenues from the Trading Division are derived from procuring, transporting, and selling grain commodities. The majority of the revenue for the company is generated from its Ethanol Division.
Executives
Adam Kline director 938 E 58TH STREET, INDIANAPOLIS IN 46220
Chad Smith director 3665 GOULD DRIVE, CARMEL IN 46033
Gerald R Forsythe director 600 N BUFFALO GROVE RD, BUFFALO GROVE IL 60089
Danny Ray Huston director 616 W JACKSON STREET, PARKER CITY IN 47368
Casey Bruns officer: Commodity Manager 10158 STATE ROUTE 49, ANSONIA OH 45303
Daniel J. Sailer director 11320 ABBITT TRAIL, ZIONSVILLE IN 46077
Dersch David Matthew Jr director 113 BENNINGTON ROAD, GREER SC 29650
Roch Lewis M Iii director 21 GOSS ROAD, NORTH HAMPTON NH 03862
Robert Nathan Baker director 8124 E. GREENBRIAR COURT, WICHITA KS 67226
Gregory August Roy officer: Commodity Manager 23308 PAULDING ROAD, MONROEVILLE IN 46773
Jerry Phillip Zicht director 5653 NORTH US HWY 27, WINCHESTER IN 47394
Adam Zeedyk officer: Commodity Manager 9 PECK DRIVE, WINCHESTER IN 47394
William J Dartt officer: Chief Financial Officer 1520 ROSEDALE AVENUE, BUCYRUS OH 44820
Roch Lewis Marshall Ii director 2006 E. ROBINWOOD DRIVE, MUNCIE IN 47304
Barry J Hudson director 200 EAST JACKSON STREET, MUNCIE IN 47305

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