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Methanex (STU:MX5) Shiller PE Ratio : 16.50 (As of Jun. 22, 2024)


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What is Methanex Shiller PE Ratio?

As of today (2024-06-22), Methanex's current share price is €45.20. Methanex's E10 for the quarter that ended in Mar. 2024 was €2.74. Methanex's Shiller PE Ratio for today is 16.50.

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

STU:MX5' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.97   Med: 19.91   Max: 42.48
Current: 16.63

During the past years, Methanex's highest Shiller PE Ratio was 42.48. The lowest was 4.97. And the median was 19.91.

STU:MX5's Shiller PE Ratio is ranked better than
56.35% of 1040 companies
in the Chemicals industry
Industry Median: 18.98 vs STU:MX5: 16.63

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.

Methanex's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.708. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Methanex Shiller PE Ratio Historical Data

The historical data trend for Methanex'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.

Methanex Shiller PE Ratio Chart

Methanex 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 17.10 22.97 15.74 12.62 15.38

Methanex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only 15.13 12.94 14.59 15.38 15.07

Competitive Comparison of Methanex's Shiller PE Ratio

For the Chemicals subindustry, Methanex'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.


Methanex's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Methanex's Shiller PE Ratio distribution charts can be found below:

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



Methanex 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.

Methanex's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=45.20/2.74
=16.50

* 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.

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

For example, Methanex'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)
=0.708/126.2576*126.2576
=0.708

Current CPI (Mar. 2024) = 126.2576.

Methanex Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.913 99.473 1.159
201409 0.419 99.394 0.532
201412 0.900 98.367 1.155
201503 0.083 99.789 0.105
201506 1.025 100.500 1.288
201509 0.481 100.421 0.605
201512 0.092 99.947 0.116
201603 -0.233 101.054 -0.291
201606 -0.071 102.002 -0.088
201609 -0.107 101.765 -0.133
201612 0.265 101.449 0.330
201703 1.365 102.634 1.679
201706 0.792 103.029 0.971
201709 0.319 103.345 0.390
201712 0.684 103.345 0.836
201803 1.622 105.004 1.950
201806 1.164 105.557 1.392
201809 1.380 105.636 1.649
201812 1.477 105.399 1.769
201903 0.443 106.979 0.523
201906 0.451 107.690 0.529
201909 -0.191 107.611 -0.224
201912 0.108 107.769 0.127
202003 0.190 107.927 0.222
202006 -0.755 108.401 -0.879
202009 -0.976 108.164 -1.139
202012 -0.288 108.559 -0.335
202103 1.000 110.298 1.145
202106 1.087 111.720 1.228
202109 0.791 112.905 0.885
202112 2.221 113.774 2.465
202203 1.453 117.646 1.559
202206 1.334 120.806 1.394
202209 0.879 120.648 0.920
202212 0.557 120.964 0.581
202303 0.813 122.702 0.837
202306 0.674 124.203 0.685
202309 0.337 125.230 0.340
202312 0.458 125.072 0.462
202403 0.708 126.258 0.708

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.


Methanex  (STU:MX5) 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.


Methanex Shiller PE Ratio Related Terms

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


Methanex (STU:MX5) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, 1800 Waterfront Centre, Vancouver, BC, CAN, V6C 3M1
Methanex Corp manufactures and sells methanol. Methanex's customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. China generates the most revenue of any geographical segment.

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