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Vecima Networks (FRA:VCM) Shiller PE Ratio : 38.46 (As of May. 17, 2024)


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What is Vecima Networks Shiller PE Ratio?

As of today (2024-05-17), Vecima Networks's current share price is €15.00. Vecima Networks's E10 for the quarter that ended in Dec. 2023 was €0.39. Vecima Networks's Shiller PE Ratio for today is 38.46.

The historical rank and industry rank for Vecima Networks's Shiller PE Ratio or its related term are showing as below:

FRA:VCM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.69   Med: 18.59   Max: 38.79
Current: 38.36

During the past years, Vecima Networks's highest Shiller PE Ratio was 38.79. The lowest was 12.69. And the median was 18.59.

FRA:VCM's Shiller PE Ratio is ranked worse than
70.6% of 1381 companies
in the Hardware industry
Industry Median: 24.4 vs FRA:VCM: 38.36

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Vecima Networks's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.103. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vecima Networks Shiller PE Ratio Historical Data

The historical data trend for Vecima Networks'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.

Vecima Networks Shiller PE Ratio Chart

Vecima Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.44 17.58 26.72 26.22 27.27

Vecima Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.54 36.49 27.27 28.54 28.51

Competitive Comparison of Vecima Networks's Shiller PE Ratio

For the Communication Equipment subindustry, Vecima Networks'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.


Vecima Networks's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vecima Networks's Shiller PE Ratio distribution charts can be found below:

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



Vecima Networks 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.

Vecima Networks's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.00/0.39
=38.46

* 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.

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

For example, Vecima Networks'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)
=0.103/125.0724*125.0724
=0.103

Current CPI (Dec. 2023) = 125.0724.

Vecima Networks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.098 98.604 0.124
201406 0.129 99.473 0.162
201409 0.127 99.394 0.160
201412 0.113 98.367 0.144
201503 0.117 99.789 0.147
201506 0.130 100.500 0.162
201509 0.181 100.421 0.225
201512 0.194 99.947 0.243
201603 0.183 101.054 0.226
201606 0.104 102.002 0.128
201609 0.122 101.765 0.150
201612 0.121 101.449 0.149
201703 0.321 102.634 0.391
201706 -0.007 103.029 -0.008
201709 0.246 103.345 0.298
201712 0.040 103.345 0.048
201803 0.019 105.004 0.023
201806 0.020 105.557 0.024
201809 -0.033 105.636 -0.039
201812 0.059 105.399 0.070
201903 -0.046 106.979 -0.054
201906 -0.087 107.690 -0.101
201909 -0.041 107.611 -0.048
201912 0.109 107.769 0.127
202003 0.019 107.927 0.022
202006 -0.033 108.401 -0.038
202009 -0.026 108.164 -0.030
202012 -0.090 108.559 -0.104
202103 0.067 110.298 0.076
202106 0.041 111.720 0.046
202109 0.020 112.905 0.022
202112 0.041 113.774 0.045
202203 0.093 117.646 0.099
202206 0.111 120.806 0.115
202209 0.310 120.648 0.321
202212 0.243 120.964 0.251
202303 0.123 122.702 0.125
202306 0.146 124.203 0.147
202309 0.048 125.230 0.048
202312 0.103 125.072 0.103

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.


Vecima Networks  (FRA:VCM) 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.


Vecima Networks Shiller PE Ratio Related Terms

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


Vecima Networks (FRA:VCM) Business Description

Traded in Other Exchanges
Address
771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.

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