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Harmony Gold Mining Co (STU:HAM1) Shiller PE Ratio : (As of Dec. 15, 2024)


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What is Harmony Gold Mining Co Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Harmony Gold Mining Co Shiller PE Ratio Historical Data

The historical data trend for Harmony Gold Mining Co'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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Harmony Gold Mining Co Shiller PE Ratio Chart

Harmony Gold Mining Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Shiller PE Ratio
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Harmony Gold Mining Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Harmony Gold Mining Co's Shiller PE Ratio

For the Gold subindustry, Harmony Gold Mining Co'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.


Harmony Gold Mining Co's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Harmony Gold Mining Co's Shiller PE Ratio falls into.



Harmony Gold Mining Co 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.

Harmony Gold Mining Co's E10 for the fiscal year that ended in Jun24 is calculated as:

For example, Harmony Gold Mining Co's adjusted earnings per share data for the fiscal year that ended in Jun24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.688/156.2282*156.2282
=0.688

Current CPI (Jun24) = 156.2282.

Harmony Gold Mining Co Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 -0.765 100.173 -1.193
201606 0.131 106.713 0.192
201706 0.055 112.054 0.077
201806 -0.646 116.959 -0.863
201906 -0.303 122.191 -0.387
202006 -0.086 124.807 -0.108
202106 0.492 131.113 0.586
202206 -0.103 140.835 -0.114
202306 0.383 148.802 0.402
202406 0.688 156.228 0.688

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.


Harmony Gold Mining Co  (STU:HAM1) 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.


Harmony Gold Mining Co Shiller PE Ratio Related Terms

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Harmony Gold Mining Co Business Description

Address
Corner Main Reef Road and Ward Avenue, Randfontein Office Park, Randfontein, ZAF, 1759
Harmony Gold Mining Co Ltd is a gold mining and exploration company having operations in South Africa and Papua New Guinea (PNG). Its projects include Bambanani, Joel, Masimong, Phakisa, Target 1, Tshepong, Unisel, Doornkop, and Kusasalethu. The group's segments are Tshepong Operations, Bambanani, Joel, Doornkop, Moab Khotsong, Hidden Valley, Target 1, Kusasalethu, Masimong, Unisel, and all other surface operations.

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