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Cannindah Resources (ASX:CAE) Shiller PE Ratio : (As of May. 03, 2025)


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What is Cannindah Resources Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cannindah Resources Shiller PE Ratio Historical Data

The historical data trend for Cannindah Resources'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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Cannindah Resources Shiller PE Ratio Chart

Cannindah Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Shiller PE Ratio
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Cannindah Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Cannindah Resources's Shiller PE Ratio

For the Other Precious Metals & Mining subindustry, Cannindah Resources'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.


Cannindah Resources's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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


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Cannindah Resources 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.

Cannindah Resources's E10 for the fiscal year that ended in Jun24 is calculated as:

For example, Cannindah Resources's adjusted earnings per share data for the fiscal year that ended in Jun24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun24 (Change)*Current CPI (Jun24)
=-0.003/128.9064*128.9064
=-0.003

Current CPI (Jun24) = 128.9064.

Cannindah Resources Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 -0.008 99.838 -0.010
201606 -0.010 100.859 -0.013
201706 -0.008 102.809 -0.010
201806 -0.009 104.945 -0.011
201906 -0.011 106.617 -0.013
202006 -0.007 106.246 -0.008
202106 0.013 110.332 0.015
202206 -0.003 117.112 -0.003
202306 -0.004 124.170 -0.004
202406 -0.003 128.906 -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.


Cannindah Resources  (ASX:CAE) 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.


Cannindah Resources Shiller PE Ratio Related Terms

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Cannindah Resources Business Description

Traded in Other Exchanges
N/A
Address
16 Queensland Avenue, Office 4D, 4th Floor, Broadbeach, QLD, AUS, 4218
Cannindah Resources Ltd is an Australia-based exploration and resource development company. The company is engaged in mineral exploration, evaluation, and progressing the development of its various mineral projects. The company focuses on copper and gold with projects based in Queensland, Australia. The company holds an interest in the Mount Cannindah copper-gold project, Piccadilly project, and others.