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Cornish Metals (Cornish Metals) Shiller PE Ratio : (As of Jun. 25, 2024)


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What is Cornish Metals Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cornish Metals Shiller PE Ratio Historical Data

The historical data trend for Cornish Metals'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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Cornish Metals Shiller PE Ratio Chart

Cornish Metals Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Shiller PE Ratio
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Cornish Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24
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Competitive Comparison of Cornish Metals's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Cornish Metals'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.


Cornish Metals's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cornish Metals's Shiller PE Ratio distribution charts can be found below:

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



Cornish Metals 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.

Cornish Metals's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Cornish Metals's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.004/126.2576*126.2576
=-0.004

Current CPI (Mar. 2024) = 126.2576.

Cornish Metals Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201404 -0.002 98.920 -0.003
201407 0.002 99.315 0.003
201410 -0.002 99.473 -0.003
201501 -0.006 98.209 -0.008
201504 -0.004 99.710 -0.005
201507 -0.047 100.579 -0.059
201510 -0.003 100.500 -0.004
201601 -0.007 100.184 -0.009
201604 -0.008 101.370 -0.010
201607 -0.003 101.844 -0.004
201610 -0.008 102.002 -0.010
201701 -0.008 102.318 -0.010
201704 -0.007 103.029 -0.009
201707 -0.008 103.029 -0.010
201710 -0.004 103.424 -0.005
201801 -0.008 104.056 -0.010
201804 -0.008 105.320 -0.010
201807 -0.008 106.110 -0.010
201810 0.023 105.952 0.027
201901 -0.005 105.557 -0.006
201904 -0.007 107.453 -0.008
201907 -0.015 108.243 -0.017
201910 -0.002 107.927 -0.002
202001 -0.015 108.085 -0.018
202004 -0.002 107.216 -0.002
202007 -0.002 108.401 -0.002
202010 -0.008 108.638 -0.009
202101 0.000 109.192 0.000
202104 -0.008 110.851 -0.009
202107 0.001 112.431 0.001
202110 -0.003 113.695 -0.003
202201 0.000 114.801 0.000
202204 -0.008 118.357 -0.009
202207 -0.008 120.964 -0.008
202210 0.000 121.517 0.000
202301 0.003 121.596 0.003
202304 -0.007 123.571 -0.007
202307 -0.001 124.914 -0.001
202310 -0.001 125.310 -0.001
202403 -0.004 126.258 -0.004

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.


Cornish Metals  (OTCPK:SBWFF) 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.


Cornish Metals Shiller PE Ratio Related Terms

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Cornish Metals (Cornish Metals) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 960, Vancouver, BC, CAN, V6C 1H2
Cornish Metals Inc is building a portfolio of strategic metals assets in North America and the United Kingdom, and its flagship project is the past-producing South Crofty underground tin mine in Cornwall, UK. South Crofty is arguably the important historical tin mine in the UK and hosts the highest grade tin resources world wide. The project has the potential to be a high-grade tin producer in Europe.

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