GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Freehold Royalties Ltd (LTS:0UWL) » Definitions » Shiller PE Ratio

Freehold Royalties (LTS:0UWL) Shiller PE Ratio : 31.46 (As of May. 05, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Freehold Royalties Shiller PE Ratio?

As of today (2024-05-05), Freehold Royalties's current share price is C$8.18. Freehold Royalties's E10 for the quarter that ended in Dec. 2023 was C$0.26. Freehold Royalties's Shiller PE Ratio for today is 31.46.

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

LTS:0UWL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.2   Med: 18.04   Max: 43.62
Current: 32.69

During the past years, Freehold Royalties's highest Shiller PE Ratio was 43.62. The lowest was 5.20. And the median was 18.04.

LTS:0UWL's Shiller PE Ratio is ranked worse than
78.1% of 420 companies
in the Oil & Gas industry
Industry Median: 17.715 vs LTS:0UWL: 32.69

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.

Freehold Royalties's adjusted earnings per share data for the three months ended in Dec. 2023 was C$0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Freehold Royalties Shiller PE Ratio Historical Data

The historical data trend for Freehold Royalties'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.

Freehold Royalties Shiller PE Ratio Chart

Freehold Royalties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.65 - 32.47 36.62 32.08

Freehold Royalties 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 36.62 33.08 31.00 34.27 32.08

Competitive Comparison of Freehold Royalties's Shiller PE Ratio

For the Oil & Gas E&P subindustry, Freehold Royalties'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.


Freehold Royalties's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Freehold Royalties's Shiller PE Ratio distribution charts can be found below:

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



Freehold Royalties 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.

Freehold Royalties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.18/0.26
=31.46

* 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.

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

For example, Freehold Royalties'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)
=0.23/125.4675*125.4675
=0.230

Current CPI (Dec. 2023) = 125.4675.

Freehold Royalties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.260 98.604 0.331
201406 0.290 99.473 0.366
201409 0.240 99.394 0.303
201412 0.150 98.367 0.191
201503 0.290 99.789 0.365
201506 0.040 100.500 0.050
201509 -0.230 100.421 -0.287
201512 -0.090 99.947 -0.113
201603 -0.090 101.054 -0.112
201606 -0.020 102.002 -0.025
201609 -0.020 101.765 -0.025
201612 0.020 101.449 0.025
201703 0.060 102.634 0.073
201706 0.110 103.029 0.134
201709 0.001 103.345 0.001
201712 -0.070 103.345 -0.085
201803 0.040 105.004 0.048
201806 0.050 105.557 0.059
201809 0.070 105.636 0.083
201812 -0.030 105.399 -0.036
201903 -0.060 106.979 -0.070
201906 0.030 107.690 0.035
201909 0.020 107.611 0.023
201912 0.051 107.769 0.059
202003 -0.080 107.927 -0.093
202006 -0.050 108.401 -0.058
202009 0.001 108.164 0.001
202012 0.000 108.559 0.000
202103 0.040 110.298 0.046
202106 0.100 111.720 0.112
202109 0.170 112.905 0.189
202112 0.220 113.774 0.243
202203 0.250 117.646 0.267
202206 0.440 120.806 0.457
202209 0.420 120.648 0.437
202212 0.270 120.964 0.280
202303 0.210 122.702 0.215
202306 0.160 124.203 0.162
202309 0.280 125.230 0.281
202312 0.230 125.468 0.230

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.


Freehold Royalties  (LTS:0UWL) 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.


Freehold Royalties Shiller PE Ratio Related Terms

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


Freehold Royalties (LTS:0UWL) Business Description

Traded in Other Exchanges
Address
517 - 10 Avenue SW, Suite 1000, Calgary, AB, CAN, T2R 0A8
Freehold Royalties Ltd is in acquiring and managing Oil and Gas royalties. It operates in two segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada; and the United States, which includes petroleum and natural gas interests held in the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins primarily located in the states of Texas, Louisiana, and North Dakota. The majority of its revenue is generated from Canada Segment.

Freehold Royalties (LTS:0UWL) Headlines

No Headlines