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Kinross Gold (BUE:KGC) Shiller PE Ratio : (As of May. 01, 2024)


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What is Kinross Gold Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinross Gold Shiller PE Ratio Historical Data

The historical data trend for Kinross Gold'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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Kinross Gold Shiller PE Ratio Chart

Kinross Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Kinross Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Kinross Gold's Shiller PE Ratio

For the Gold subindustry, Kinross Gold'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.


Kinross Gold's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

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



Kinross Gold 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.

Kinross Gold's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Kinross Gold's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=18.05/125.4675*125.4675
=18.050

Current CPI (Dec. 2023) = 125.4675.

Kinross Gold Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.238 98.604 0.303
201406 0.325 99.473 0.410
201409 -0.038 99.394 -0.048
201412 -9.235 98.367 -11.779
201503 -0.088 99.789 -0.111
201506 -0.636 100.500 -0.794
201509 -0.470 100.421 -0.587
201512 -9.578 99.947 -12.024
201603 0.438 101.054 0.544
201606 -0.280 102.002 -0.344
201609 0.030 101.765 0.037
201612 -1.427 101.449 -1.765
201703 1.696 102.634 2.073
201706 0.495 103.029 0.603
201709 0.876 103.345 1.064
201712 3.246 103.345 3.941
201803 1.612 105.004 1.926
201806 0.048 105.557 0.057
201809 -2.944 105.636 -3.497
201812 -0.878 105.399 -1.045
201903 1.954 106.979 2.292
201906 2.681 107.690 3.124
201909 2.796 107.611 3.260
201912 24.507 107.769 28.532
202003 6.207 107.927 7.216
202006 10.269 108.401 11.886
202009 14.106 108.164 16.363
202012 50.456 108.559 58.315
202103 10.810 110.298 12.297
202106 8.526 111.720 9.575
202109 -3.911 112.905 -4.346
202112 -1.010 113.774 -1.114
202203 -44.023 117.646 -46.950
202206 -3.610 120.806 -3.749
202209 6.947 120.648 7.225
202212 -13.412 120.964 -13.911
202303 13.829 122.702 14.141
202306 28.800 124.203 29.093
202309 31.496 125.230 31.556
202312 18.050 125.468 18.050

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.


Kinross Gold  (BUE:KGC) 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.


Kinross Gold Shiller PE Ratio Related Terms

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Kinross Gold (BUE:KGC) Business Description

Traded in Other Exchanges
Address
25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5
Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2022. The company had about a decade of gold reserves at the end of 2022. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.

Kinross Gold (BUE:KGC) Headlines

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