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Mitchell Communication Group Limited (ASX:MCU) Shiller PE Ratio : (As of Jun. 25, 2024)


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What is Mitchell Communication Group Limited Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitchell Communication Group Limited Shiller PE Ratio Historical Data

The historical data trend for Mitchell Communication Group Limited'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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Mitchell Communication Group Limited Shiller PE Ratio Chart

Mitchell Communication Group Limited Annual Data
Trend Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 107.75 26.06 18.33 20.27

Mitchell Communication Group Limited Quarterly Data
Shiller PE Ratio

Competitive Comparison of Mitchell Communication Group Limited's Shiller PE Ratio

For the Advertising Agencies subindustry, Mitchell Communication Group Limited'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.


Mitchell Communication Group Limited's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mitchell Communication Group Limited's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mitchell Communication Group Limited's Shiller PE Ratio falls into.



Mitchell Communication Group Limited 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.

Mitchell Communication Group Limited's E10 for the fiscal year that ended in Jun10 is calculated as:

For example, Mitchell Communication Group Limited's adjusted earnings per share data for the fiscal year that ended in Jun10 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun10 (Change)*Current CPI (Jun10)
=0.065/88.9714*88.9714
=0.065

Current CPI (Jun10) = 88.9714.

Mitchell Communication Group Limited Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200106 -0.044 69.190 -0.057
200206 -0.005 71.140 -0.006
200306 0.001 72.997 0.001
200406 0.006 74.855 0.007
200506 0.013 76.712 0.015
200606 0.014 79.777 0.016
200706 0.047 81.449 0.051
200806 0.065 85.071 0.068
200906 0.066 86.278 0.068
201006 0.065 88.971 0.065

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.


Mitchell Communication Group Limited  (ASX:MCU) 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.


Mitchell Communication Group Limited Shiller PE Ratio Related Terms

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Mitchell Communication Group Limited (ASX:MCU) Business Description

Traded in Other Exchanges
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Mitchell Communication Services (MCU, formerly emitch Limited) is Australia's largest independently owned communications group, a media and buying agency, in Australia and New Zealand.

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