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MBAIF (MedBright AI Investments) Shiller PE Ratio : (As of Dec. 11, 2024)


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What is MedBright AI Investments Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MedBright AI Investments Shiller PE Ratio Historical Data

The historical data trend for MedBright AI Investments'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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MedBright AI Investments Shiller PE Ratio Chart

MedBright AI Investments Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Shiller PE Ratio
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MedBright AI Investments Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Competitive Comparison of MedBright AI Investments's Shiller PE Ratio

For the Asset Management subindustry, MedBright AI Investments'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.


MedBright AI Investments's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MedBright AI Investments's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MedBright AI Investments's Shiller PE Ratio falls into.



MedBright AI Investments 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.

MedBright AI Investments's E10 for the quarter that ended in Aug. 2024 is calculated as:

For example, MedBright AI Investments's adjusted earnings per share data for the three months ended in Aug. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=-0.002/127.8378*127.8378
=-0.002

Current CPI (Aug. 2024) = 127.8378.

MedBright AI Investments Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201411 -0.009 99.078 -0.012
201502 -0.021 99.078 -0.027
201505 -0.004 100.263 -0.005
201508 -0.004 100.579 -0.005
201511 -0.004 100.421 -0.005
201602 -0.003 100.421 -0.004
201605 -0.003 101.765 -0.004
201608 -0.004 101.686 -0.005
201611 -0.003 101.607 -0.004
201702 -0.020 102.476 -0.025
201705 -0.002 103.108 -0.002
201708 -0.009 103.108 -0.011
201711 -0.003 103.740 -0.004
201802 -0.025 104.688 -0.031
201805 -0.002 105.399 -0.002
201808 -0.005 106.031 -0.006
201811 -0.001 105.478 -0.001
201902 -0.106 106.268 -0.128
201905 -0.002 107.927 -0.002
201908 -0.002 108.085 -0.002
201911 -0.001 107.769 -0.001
202002 -0.222 108.559 -0.261
202005 -0.002 107.532 -0.002
202008 -0.002 108.243 -0.002
202011 -0.003 108.796 -0.004
202102 -0.033 109.745 -0.038
202105 -0.011 111.404 -0.013
202108 0.017 112.668 0.019
202111 -0.040 113.932 -0.045
202202 -0.008 115.986 -0.009
202205 -0.008 120.016 -0.009
202208 -0.008 120.569 -0.008
202211 -0.037 121.675 -0.039
202302 0.001 122.070 0.001
202305 -0.015 124.045 -0.015
202308 -0.111 125.389 -0.113
202311 -0.007 125.468 -0.007
202402 0.001 125.468 0.001
202405 -0.002 127.601 -0.002
202408 -0.002 127.838 -0.002

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.


MedBright AI Investments  (OTCPK:MBAIF) 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.


MedBright AI Investments Shiller PE Ratio Related Terms

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MedBright AI Investments Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
MedBright AI Investments Inc is a capital allocator focusing on investing in healthcare technology companies.