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Kingfish (NZSE:KFL) Shiller PE Ratio : 7.44 (As of Jun. 25, 2024)


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What is Kingfish Shiller PE Ratio?

As of today (2024-06-25), Kingfish's current share price is NZ$1.19. Kingfish's E10 for the fiscal year that ended in Mar24 was NZ$0.16. Kingfish's Shiller PE Ratio for today is 7.44.

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

NZSE:KFL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.5   Med: 10.14   Max: 13.8
Current: 7.33

During the past 13 years, Kingfish's highest Shiller PE Ratio was 13.80. The lowest was 6.50. And the median was 10.14.

NZSE:KFL's Shiller PE Ratio is ranked better than
84.54% of 757 companies
in the Asset Management industry
Industry Median: 12.85 vs NZSE:KFL: 7.33

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.

Kingfish's adjusted earnings per share data of for the fiscal year that ended in Mar24 was NZ$0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NZ$0.16 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kingfish Shiller PE Ratio Historical Data

The historical data trend for Kingfish'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.

Kingfish Shiller PE Ratio Chart

Kingfish Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.38 9.47 8.65 7.41 7.77

Kingfish Semi-Annual Data
Mar05 Mar06 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 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 8.38 9.47 8.65 7.41 7.77

Competitive Comparison of Kingfish's Shiller PE Ratio

For the Asset Management subindustry, Kingfish'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.


Kingfish's Shiller PE Ratio Distribution in the Asset Management Industry

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

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



Kingfish 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.

Kingfish's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.19/0.16
=7.44

* 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.

Kingfish's E10 for the fiscal year that ended in Mar24 is calculated as:

For example, Kingfish's adjusted earnings per share data for the fiscal year that ended in Mar24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.06/129.5261*129.5261
=0.060

Current CPI (Mar24) = 129.5261.

Kingfish Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.090 99.646 0.117
201603 0.147 100.063 0.190
201703 0.141 102.231 0.179
201803 0.195 103.355 0.244
201903 0.238 104.889 0.294
202003 0.008 107.547 0.010
202103 0.547 109.182 0.649
202203 -0.055 116.747 -0.061
202303 -0.060 124.517 -0.062
202403 0.060 129.526 0.060

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.


Kingfish  (NZSE:KFL) 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.


Kingfish Shiller PE Ratio Related Terms

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Kingfish (NZSE:KFL) Business Description

Traded in Other Exchanges
N/A
Address
67 - 73 Hurstmere Road, Level 1, Takapuna, Auckland, NTL, NZL, 0622
Kingfish Ltd is a New Zealand-based listed investment company that invests in growing New Zealand companies. The investment objective of the company is to achieve a high real rate of return, comprising both income and capital growth, within risk parameters acceptable to the directors and to provide a diversified portfolio of New Zealand stocks through a single tax-efficient investment vehicle.

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