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Core Lithium (ASX:CXO) Shiller PE Ratio : (As of May. 01, 2024)


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What is Core Lithium Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Core Lithium Shiller PE Ratio Historical Data

The historical data trend for Core Lithium'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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Core Lithium Shiller PE Ratio Chart

Core Lithium Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
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Core Lithium Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Core Lithium's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Core Lithium'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.


Core Lithium's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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



Core Lithium 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.

Core Lithium's E10 for the fiscal year that ended in Jun23 is calculated as:

For example, Core Lithium's adjusted earnings per share data for the fiscal year that ended in Jun23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.006/124.1700*124.1700
=0.006

Current CPI (Jun23) = 124.1700.

Core Lithium Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.010 98.352 -0.013
201506 -0.007 99.838 -0.009
201606 -0.009 100.859 -0.011
201706 -0.006 102.809 -0.007
201806 -0.004 104.945 -0.005
201906 -0.004 106.617 -0.005
202006 -0.006 106.246 -0.007
202106 -0.003 110.332 -0.003
202206 -0.005 117.112 -0.005
202306 0.006 124.170 0.006

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.


Core Lithium  (ASX:CXO) 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.


Core Lithium Shiller PE Ratio Related Terms

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Core Lithium (ASX:CXO) Business Description

Traded in Other Exchanges
Address
2 Mill Street, Level 9, Perth, WA, AUS, 6000
Core Lithium Ltd is a lithium exploration company. The company is engaged in the exploration of lithium, and copper deposits in the Northern Territory and South Australia. Its projects include Finniss Lithium Project, and copper, zinc, and lead projects. Its segment includes Finniss Lithium Project mining, crushing and processing operations and Exploration: exploration and evaluation of primarily Lithium mineralisation. It generates majority of its revenue from Finniss Lithium Project operations segment.

Core Lithium (ASX:CXO) Headlines

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