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Scales (NZSE:SCL) Shiller PE Ratio : 10.94 (As of Jun. 08, 2024)


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What is Scales Shiller PE Ratio?

As of today (2024-06-08), Scales's current share price is NZ$3.50. Scales's E10 for the fiscal year that ended in Dec23 was NZ$0.32. Scales's Shiller PE Ratio for today is 10.94.

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

NZSE:SCL' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.56   Med: 10.18   Max: 10.77
Current: 10.77

During the past 10 years, Scales's highest Shiller PE Ratio was 10.77. The lowest was 9.56. And the median was 10.18.

NZSE:SCL's Shiller PE Ratio is ranked better than
78.25% of 1085 companies
in the Consumer Packaged Goods industry
Industry Median: 18.44 vs NZSE:SCL: 10.77

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.

Scales's adjusted earnings per share data of for the fiscal year that ended in Dec23 was NZ$0.037. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is NZ$0.32 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scales Shiller PE Ratio Historical Data

The historical data trend for Scales'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.

Scales Shiller PE Ratio Chart

Scales 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 - - - - 10.93

Scales Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - - 10.93

Competitive Comparison of Scales's Shiller PE Ratio

For the Packaged Foods subindustry, Scales'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.


Scales's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Scales's Shiller PE Ratio distribution charts can be found below:

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



Scales 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.

Scales's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.50/0.32
=10.94

* 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.

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

For example, Scales'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)
=0.037/128.7083*128.7083
=0.037

Current CPI (Dec23) = 128.7083.

Scales Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.150 99.812 0.193
201512 0.279 99.896 0.359
201612 0.270 101.230 0.343
201712 0.225 102.844 0.282
201812 0.321 104.786 0.394
201912 0.839 106.729 1.012
202012 0.149 108.262 0.177
202112 0.191 114.703 0.214
202212 0.137 122.983 0.143
202312 0.037 128.708 0.037

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.


Scales  (NZSE:SCL) 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.


Scales Shiller PE Ratio Related Terms

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


Scales (NZSE:SCL) Business Description

Traded in Other Exchanges
Address
52 Cashel Street, Christchurch, NZL, 8013
Scales Corp Ltd is a company engaged in agribusiness activities. It provides logistics services, grows apples, export products, provides insurance services to companies within the group, and operates logistics facilities. The operating segments of the group are Global Proteins, Horticulture, Logistics, and Others. Geographically, the company has its presence in Australia, New Zealand, USA and Others.

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