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Cadiz (FRA:2ZC) Shiller PE Ratio : (As of May. 21, 2024)


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What is Cadiz Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cadiz Shiller PE Ratio Historical Data

The historical data trend for Cadiz'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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Cadiz Shiller PE Ratio Chart

Cadiz Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Cadiz Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Cadiz's Shiller PE Ratio

For the Utilities - Regulated Water subindustry, Cadiz'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.


Cadiz's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cadiz's Shiller PE Ratio distribution charts can be found below:

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



Cadiz 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.

Cadiz's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Cadiz's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.11/131.7762*131.7762
=-0.110

Current CPI (Mar. 2024) = 131.7762.

Cadiz Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.206 100.560 -0.270
201409 -0.217 100.428 -0.285
201412 -0.243 99.070 -0.323
201503 -0.249 99.621 -0.329
201506 -0.303 100.684 -0.397
201509 -0.294 100.392 -0.386
201512 -0.367 99.792 -0.485
201603 -0.440 100.470 -0.577
201606 -0.276 101.688 -0.358
201609 -0.249 101.861 -0.322
201612 -0.322 101.863 -0.417
201703 -0.309 102.862 -0.396
201706 -0.534 103.349 -0.681
201709 -0.218 104.136 -0.276
201712 -0.262 104.011 -0.332
201803 -0.211 105.290 -0.264
201806 -0.214 106.317 -0.265
201809 -0.223 106.507 -0.276
201812 -0.281 105.998 -0.349
201903 -0.257 107.251 -0.316
201906 -0.248 108.070 -0.302
201909 -0.254 108.329 -0.309
201912 -0.234 108.420 -0.284
202003 -0.597 108.902 -0.722
202006 -0.124 108.767 -0.150
202009 -0.110 109.815 -0.132
202012 -0.181 109.897 -0.217
202103 -0.134 111.754 -0.158
202106 -0.249 114.631 -0.286
202109 -0.187 115.734 -0.213
202112 -0.142 117.630 -0.159
202203 -0.145 121.301 -0.158
202206 -0.123 125.017 -0.130
202209 -0.152 125.227 -0.160
202212 -0.142 125.222 -0.149
202303 -0.177 127.348 -0.183
202306 -0.120 128.729 -0.123
202309 -0.112 129.860 -0.114
202312 -0.110 129.419 -0.112
202403 -0.110 131.776 -0.110

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.


Cadiz  (FRA:2ZC) 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.


Cadiz Shiller PE Ratio Related Terms

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Cadiz (FRA:2ZC) Business Description

Traded in Other Exchanges
Address
550 South Hope Street, Suite 2850, Los Angeles, CA, USA, 90071
Cadiz Inc is a land and water resource development company in California. Its primary business is to acquire and develop land with water resources for various uses, including groundwater supply, groundwater storage, and agriculture. The company focuses on the development of the Cadiz Valley Water Conservation, Recovery and Storage Project which will capture and conserve native groundwater currently being lost to evaporation from the aquifer system beneath the property of Cadiz and Fenner valleys of eastern San Bernardino County, and deliver it to water providers throughout Southern California. The company operates in two segment- Land and Water Resources and ATEC Water Systems LLC.

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