PNDDF (Pender Growth Fund) Shiller PE Ratio: 8.17 (As of Aug. 28, 2026) — 31% Above Median

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PNDDF Pender Growth Fund Inc PNDDF
32 GF Score
Price $6.78
GF Value $0.22
! 4 Warning Signs
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What is Pender Growth Fund Shiller PE Ratio?

Pender Growth Fund PNDDF 32 Shiller PE Ratio is 8.17 as of Aug. 28, 2026, which is 31% above its 10-year median of 6.23. GuruFocus rates PNDDF with a GF Score™ of 32/100 and a GF Value™ of $0.22. The stock has 4 warning signs investors should review. Among 788 Asset Management companies, Pender Growth Fund ranks better than 78.05% on this metric.

As of today (2026-08-28), Pender Growth Fund's current share price is $6.7844. Pender Growth Fund's E10 for the quarter that ended in Jun. 2026 was $0.83. Pender Growth Fund's Shiller PE Ratio for today is 8.17.

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

PNDDF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.84   Med: 6.23   Max: 9.19
Current: 8.4

During the past years, Pender Growth Fund's highest Shiller PE Ratio was 9.19. The lowest was 4.84. And the median was 6.23.

PNDDF's Shiller PE Ratio is ranked better than
78.05% of 788 companies
in the Asset Management industry
Industry Median: 12.87 vs PNDDF: 8.40

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.

Pender Growth Fund's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.748. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.83 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pender Growth Fund  (OTCPK:PNDDF) 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.


Pender Growth Fund Shiller PE Ratio Related Terms


Pender Growth Fund Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Pender Growth Fund'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.

Pender Growth Fund Shiller PE Ratio Chart

Pender Growth Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 6.14 5.46 8.93

Pender Growth Fund Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.91 7.67 8.93 8.93 8.15

PNDDF vs BLK, BX, KKR: Shiller PE Ratio Comparison

For the Asset Management subindustry, Pender Growth Fund'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.


Pender Growth Fund Shiller PE Ratio vs Asset Management Industry

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

* The bar in red indicates where Pender Growth Fund's Shiller PE Ratio falls into.


PNDDF
32GF Score
Pender Growth Fund Inc PNDDF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pender Growth Fund 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.

Pender Growth Fund's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=6.7844/0.83
=8.17

* 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.

Pender Growth Fund's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Pender Growth Fund's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.748/133.5265*133.5265
=0.748

Current CPI (Jun. 2026) = 133.5265.

Pender Growth Fund Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 0.000 100.500 0.000
201512 0.000 99.947 0.000
201606 0.000 102.002 0.000
201612 0.000 101.449 0.000
201706 0.000 103.029 0.000
201712 0.000 103.345 0.000
201803 -0.039 105.004 -0.050
201806 -0.076 105.557 -0.096
201809 -0.077 105.636 -0.097
201812 -0.074 105.399 -0.094
201903 0.075 106.979 0.094
201906 -0.038 107.690 -0.047
201909 -0.008 107.611 -0.010
201912 0.192 107.769 0.238
202003 -0.086 107.927 -0.106
202006 0.413 108.401 0.509
202009 0.265 108.164 0.327
202012 0.828 108.559 1.018
202103 0.016 110.298 0.019
202106 1.056 111.720 1.262
202109 7.805 112.905 9.231
202112 6.836 113.774 8.023
202203 -5.379 117.646 -6.105
202206 -6.022 120.806 -6.656
202209 -0.840 120.648 -0.930
202212 -0.883 120.964 -0.975
202303 -0.322 122.702 -0.350
202306 0.008 124.203 0.009
202309 -0.007 125.230 -0.007
202312 0.432 125.072 0.461
202403 1.234 126.258 1.305
202406 2.255 127.522 2.361
202409 0.591 127.285 0.620
202412 1.439 127.364 1.509
202503 -0.662 129.181 -0.684
202506 0.900 129.892 0.925
202509 -0.029 130.287 -0.030
202512 -0.689 130.366 -0.706
202603 -0.058 132.262 -0.059
202606 0.748 133.527 0.748

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 8.17 mean?
Pender Growth Fund (PNDDF) has a Shiller PE Ratio of 8.17 as of Aug. 28, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Pender Growth Fund and its competitors. This is 31% above median its historical median of 6.23. Over the past decade, Pender Growth Fund's Shiller PE Ratio has ranged from 4.84 to 9.19. According to the industry distribution chart, Pender Growth Fund ranks #173 out of 788 companies in the Asset Management industry, placing it in the top 22%.
Is Pender Growth Fund's Shiller PE Ratio too high?
Pender Growth Fund's current Shiller PE Ratio of 8.17 is 31% above median its 10-year median of 6.23. Over the past 10 years, this metric has ranged from a low of 4.84 to a high of 9.19. The Asset Management industry median Shiller PE Ratio is 12.87. Pender Growth Fund's value of 8.17 is 36.5% below this industry median. Based on the distribution chart, Pender Growth Fund ranks #173 out of 788 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Pender Growth Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Pender Growth Fund's Shiller PE Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Pender Growth Fund ranks #173 out of 788 companies for Shiller PE Ratio. This places Pender Growth Fund in the top 22% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 12.87. Pender Growth Fund's value of 8.17 is 36.5% below this benchmark. Historically, Pender Growth Fund's own Shiller PE Ratio has ranged from 4.84 to 9.19 over the past decade. While the company's 10-year median is 6.23 vs. the industry median of 12.87, Pender Growth Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Asset Management company?
The median Shiller PE Ratio among Asset Management companies is 12.87, based on 788 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pender Growth Fund's current Shiller PE Ratio of 8.17 is 36.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Pender Growth Fund and its competitors. For the Asset Management industry, the median Shiller PE Ratio is 12.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pender Growth Fund's current Shiller PE Ratio is 8.17, which is 31% above median its own 10-year median of 6.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pender Growth Fund stock overvalued right now?
Pender Growth Fund (PNDDF) has a current Shiller PE Ratio of 8.17. The stock's GF Value™ is $0.22, compared to a current price of $6.78 — trading 2983.8% above its estimated fair value. The current Shiller PE Ratio is 8.17, which is 31% above median its 10-year median of 6.23 and 36.5% below the Asset Management industry median of 12.87. Pender Growth Fund's overall GF Score™ is 32/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Pender Growth Fund (PNDDF), the current Shiller PE Ratio is 8.17 as of Aug. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pender Growth Fund (PNDDF) Overvalued in 2026?

Based on GuruFocus' analysis, Pender Growth Fund stock appears to be overvalued. The current stock price of $6.78 is trading 2983.8% above its estimated GF Value™ of $0.22.

Key valuation signals for PNDDF:

  • Shiller PE Ratio: 8.17 (31% above median its 10-year median of 6.23)
  • GF Value™: $0.22 vs. price of $6.78 (2983.8% above fair value)
  • GF Score™: 32/100 with 4 warning signs
  • Industry Position: 36.5% below the Asset Management median (#173 of 788)

No single metric tells the full story. See the PNDDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pender Growth Fund Business Description

Other Exchanges PTF:Canada
Address 1066 West Hastings Street, Suite 1830, Vancouver, BC, CAN, V6E 3X2
Pender Growth Fund Inc is an asset management firm. The investment objective of the company is to achieve long-term capital growth from investment in opportunities identified by the Manager. The company generates its revenue in the form of dividends and interest. Its solutions include: All Fund Solutions; Equity; Fixed Income; Multi-Asset; Liquid Alternative; and Venture Capital.
32GF Score

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Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.78
Price
$0.22
GF Value