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Atlantic Gold NL (ASX:ATVCD) Shiller PE Ratio : (As of Jun. 24, 2024)


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What is Atlantic Gold NL Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlantic Gold NL Shiller PE Ratio Historical Data

The historical data trend for Atlantic Gold NL'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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Atlantic Gold NL Shiller PE Ratio Chart

Atlantic Gold NL Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Shiller PE Ratio
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Atlantic Gold NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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Competitive Comparison of Atlantic Gold NL's Shiller PE Ratio

For the Gold subindustry, Atlantic Gold NL'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.


Atlantic Gold NL's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Atlantic Gold NL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Atlantic Gold NL's Shiller PE Ratio falls into.



Atlantic Gold NL 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.

Atlantic Gold NL's E10 for the fiscal year that ended in Dec13 is calculated as:

For example, Atlantic Gold NL's adjusted earnings per share data for the fiscal year that ended in Dec13 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec13 (Change)*Current CPI (Dec13)
=-0.003/97.3299*97.3299
=-0.003

Current CPI (Dec13) = 97.3299.

Atlantic Gold NL Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200412 -0.006 75.691 -0.008
200512 -0.006 77.827 -0.008
200612 -0.001 80.427 -0.001
200712 -0.007 82.749 -0.008
200812 -0.010 85.814 -0.011
200912 -0.003 87.578 -0.003
201012 -0.002 89.993 -0.002
201112 -0.003 92.686 -0.003
201212 -0.003 94.730 -0.003
201312 -0.003 97.330 -0.003

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.


Atlantic Gold NL  (ASX:ATVCD) 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.


Atlantic Gold NL Shiller PE Ratio Related Terms

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Atlantic Gold NL (ASX:ATVCD) Business Description

Traded in Other Exchanges
N/A
Address
Atlantic Gold NL (ATV, former Diamond Ventures NL) is primarily involved in the exploration of gold and diamonds in Australia and Canada. Current focus is on the development of the Touquoy project in Canada.

Atlantic Gold NL (ASX:ATVCD) Headlines

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