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Coronation Fund Managers (JSE:CML) Shiller PE Ratio : 6.10 (As of Jun. 17, 2024)


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What is Coronation Fund Managers Shiller PE Ratio?

As of today (2024-06-17), Coronation Fund Managers's current share price is R33.23. Coronation Fund Managers's E10 for the fiscal year that ended in Sep23 was R5.45. Coronation Fund Managers's Shiller PE Ratio for today is 6.10.

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

JSE:CML' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.13   Med: 11.95   Max: 73.87
Current: 6.1

During the past 13 years, Coronation Fund Managers's highest Shiller PE Ratio was 73.87. The lowest was 5.13. And the median was 11.95.

JSE:CML's Shiller PE Ratio is ranked better than
89.45% of 758 companies
in the Asset Management industry
Industry Median: 12.755 vs JSE:CML: 6.10

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.

Coronation Fund Managers's adjusted earnings per share data of for the fiscal year that ended in Sep23 was R1.829. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R5.45 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coronation Fund Managers Shiller PE Ratio Historical Data

The historical data trend for Coronation Fund Managers'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.

Coronation Fund Managers Shiller PE Ratio Chart

Coronation Fund Managers Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.36 8.45 9.63 5.32 5.69

Coronation Fund Managers Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 - 5.32 - 5.69 -

Competitive Comparison of Coronation Fund Managers's Shiller PE Ratio

For the Asset Management subindustry, Coronation Fund Managers'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.


Coronation Fund Managers's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Coronation Fund Managers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Coronation Fund Managers's Shiller PE Ratio falls into.



Coronation Fund Managers 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.

Coronation Fund Managers's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=33.23/5.45
=6.10

* 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.

Coronation Fund Managers's E10 for the fiscal year that ended in Sep23 is calculated as:

For example, Coronation Fund Managers's adjusted earnings per share data for the fiscal year that ended in Sep23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep23 (Change)*Current CPI (Sep23)
=1.829/151.5022*151.5022
=1.829

Current CPI (Sep23) = 151.5022.

Coronation Fund Managers Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 5.721 96.794 8.955
201509 5.179 101.154 7.757
201609 4.500 107.694 6.331
201709 4.354 112.926 5.841
201809 4.207 118.376 5.384
201909 3.419 123.281 4.202
202009 3.985 126.878 4.758
202109 4.879 133.273 5.546
202209 3.663 143.671 3.863
202309 1.829 151.502 1.829

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.


Coronation Fund Managers  (JSE:CML) 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.


Coronation Fund Managers Shiller PE Ratio Related Terms

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Coronation Fund Managers (JSE:CML) Business Description

Traded in Other Exchanges
Address
Cnr Campground and Main Roads, 7th Floor, MontClare Place, Claremont, Cape Town, WC, ZAF, 7708
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.

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