GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ecofibre Ltd (ASX:EOF) » Definitions » Shiller PE Ratio

Ecofibre (ASX:EOF) Shiller PE Ratio : (As of Dec. 11, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Ecofibre Shiller PE Ratio?

Ecofibre does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate Shiller PE Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ecofibre Shiller PE Ratio Historical Data

The historical data trend for Ecofibre'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.

* Premium members only.

Ecofibre Shiller PE Ratio Chart

Ecofibre Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Shiller PE Ratio
Get a 7-Day Free Trial - - - - -

Ecofibre Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Ecofibre's Shiller PE Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Ecofibre'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.


Ecofibre's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ecofibre's Shiller PE Ratio distribution charts can be found below:

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



Ecofibre 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.

Ecofibre does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate Shiller PE Ratio for this company.


Ecofibre  (ASX:EOF) 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.


Ecofibre Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Ecofibre's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ecofibre Business Description

Traded in Other Exchanges
Address
680 George Street, Level 12, Sydney, NSW, AUS, 2000
Ecofibre Ltd is a provider of hemp products in the United States and Australia. It is engaged in six segments based on differences in products and services provided: Ecofibre Advanced Technologies, Ananda Health, Ecofibre Genetics, Corporate, EOF Bio and Ananda Food. It derives maximum revenue from Ecofibre Advanced Technologies segment. Ecofibre Advanced Technologies involves Advanced manufacturing business with specialist capabilities in performance yarn extrusion, polymer compounding and textiles manufactured in the United States.

Ecofibre Headlines

No Headlines