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Metal Storm Limited (ASX:MST) Shiller PE Ratio : (As of May. 24, 2024)


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What is Metal Storm Limited Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Metal Storm Limited Shiller PE Ratio Historical Data

The historical data trend for Metal Storm 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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Metal Storm Limited Shiller PE Ratio Chart

Metal Storm Limited Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Shiller PE Ratio
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Metal Storm Limited Semi-Annual Data
Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
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Competitive Comparison of Metal Storm Limited's Shiller PE Ratio

For the Aerospace & Defense subindustry, Metal Storm 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.


Metal Storm Limited's Shiller PE Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Metal Storm Limited's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Metal Storm Limited's Shiller PE Ratio falls into.



Metal Storm 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.

Metal Storm Limited's E10 for the fiscal year that ended in Dec11 is calculated as:

For example, Metal Storm Limited's adjusted earnings per share data for the fiscal year that ended in Dec11 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec11 (Change)*Current CPI (Dec11)
=-0.003/92.6863*92.6863
=-0.003

Current CPI (Dec11) = 92.6863.

Metal Storm Limited Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200212 -0.023 72.069 -0.030
200312 -0.015 73.833 -0.019
200412 -0.024 75.691 -0.029
200512 -0.021 77.827 -0.025
200612 -0.026 80.427 -0.030
200712 -0.017 82.749 -0.019
200812 -0.018 85.814 -0.019
200912 -0.016 87.578 -0.017
201012 -0.006 89.993 -0.006
201112 -0.003 92.686 -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.


Metal Storm Limited  (ASX:MST) 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.


Metal Storm Limited Shiller PE Ratio Related Terms

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Metal Storm Limited (ASX:MST) Business Description

Traded in Other Exchanges
N/A
Address
Metal Storm Ltd is incorporated under the laws of Australia on April 13, 1994. The company is a defence technology company engaged in the development of electronically initiated ballistics systems using its stacked round technology. Its technology is an electronically initiated, stacked projectile system which removes the mechanical steps required to fire a conventional weapon. Effectively, the only parts that move in Metal Storm's technology are the projectiles contained within the barrels. Multiple projectiles are stacked in a barrel, each separated by a propellant load. Its products include 3GL - 3 shot grenade launcher, FireStorm, MAUL, Redback, Munitions and Component weapon systems. The company also provides Research and Development as well as Consulting and Integration Services.