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Partway Group (LSE:PTY) Shiller PE Ratio : (As of Jun. 20, 2024)


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What is Partway Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Partway Group Shiller PE Ratio Historical Data

The historical data trend for Partway Group'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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Partway Group Shiller PE Ratio Chart

Partway Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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Partway Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Partway Group's Shiller PE Ratio

For the Information Technology Services subindustry, Partway Group'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.


Partway Group's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Partway Group's Shiller PE Ratio distribution charts can be found below:

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



Partway Group 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.

Partway Group's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Partway Group's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.031/130.5000*130.5000
=-0.031

Current CPI (Dec23) = 130.5000.

Partway Group Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 -0.004 99.900 -0.005
201512 -0.039 100.400 -0.051
201612 0.008 102.200 0.010
201712 0.000 105.000 0.000
201812 0.000 107.100 0.000
201912 -0.011 108.500 -0.013
202012 -0.005 109.400 -0.006
202112 -0.006 114.700 -0.007
202212 -0.017 125.300 -0.018
202312 -0.031 130.500 -0.031

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.


Partway Group  (LSE:PTY) 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.


Partway Group Shiller PE Ratio Related Terms

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Partway Group (LSE:PTY) Business Description

Traded in Other Exchanges
Address
32 Blackfriars Road, London, GBR, SE1 9PB
Partway Group PLC formerly Parity Group PLC provides professional recruitment, information technology solutions, and people development services to its clients. The company provides a range of recruitment and data and technology solutions to clients across the public and private sectors. The company provides recruitment services including predominately interim recruitment to a diverse range of clients delivered to central and local government within the public sector and retail, housing, utilities, and education in the private sector, and data and technology solutions including data consultancy services and business intelligence solutions. The company generates the majority of its revenue from geographical segments of the United Kingdom as compared to European Union, and Others.