TGTMF (Targeted Microwave Solutions) Shiller PE Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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What is Targeted Microwave Solutions Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Targeted Microwave Solutions  (OTCPK:TGTMF) 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.


Targeted Microwave Solutions Shiller PE Ratio Related Terms


Targeted Microwave Solutions Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Targeted Microwave Solutions'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.

Targeted Microwave Solutions Shiller PE Ratio Chart

Targeted Microwave Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
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Targeted Microwave Solutions Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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TGTMF vs VLTO, ZWS, CECO: Shiller PE Ratio Comparison

For the Pollution & Treatment Controls subindustry, Targeted Microwave Solutions'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.


Targeted Microwave Solutions Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Targeted Microwave Solutions's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Targeted Microwave Solutions's Shiller PE Ratio falls into.



Targeted Microwave Solutions 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.

Targeted Microwave Solutions's E10 for the quarter that ended in Sep. 2025 is calculated as:

For example, Targeted Microwave Solutions's adjusted earnings per share data for the three months ended in Sep. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=0/130.2871*130.2871
=0.000

Current CPI (Sep. 2025) = 130.2871.

Targeted Microwave Solutions Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201509 -0.028 100.421 -0.037
201603 -0.020 101.054 -0.026
201606 -0.020 102.002 -0.026
201609 -0.030 101.765 -0.038
201612 -0.054 101.449 -0.070
201703 -0.030 102.634 -0.038
201706 -0.090 103.029 -0.114
201709 -0.010 103.345 -0.013
201712 -0.010 103.345 -0.013
201803 -0.001 105.004 -0.001
201806 -0.001 105.557 -0.001
201809 -0.001 105.636 -0.001
201812 -0.002 105.399 -0.002
201903 -0.001 106.979 -0.001
201906 -0.001 107.690 -0.001
201909 -0.000 107.611 -0.000
201912 -0.000 107.769 -0.000
202003 0.000 107.927 0.000
202006 -0.000 108.401 -0.000
202009 -0.000 108.164 -0.000
202012 -0.000 108.559 -0.000
202103 0.000 110.298 0.000
202106 -0.000 111.720 -0.000
202109 0.000 112.905 0.000
202112 -0.000 113.774 -0.000
202203 -0.000 117.646 -0.000
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 -0.000 120.964 -0.000
202303 -0.000 122.702 -0.000
202306 -0.000 124.203 -0.000
202309 -0.000 125.230 -0.000
202312 0.000 125.072 0.000
202403 -0.000 126.258 -0.000
202406 -0.000 127.522 -0.000
202409 -0.000 127.285 -0.000
202412 0.000 127.364 0.000
202503 0.000 129.181 0.000
202506 0.000 129.892 0.000
202509 0.000 130.287 0.000

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.


Targeted Microwave Solutions Business Description

Address 1066 West Hastings Street, Suite 2300, Vancouver, BC, CAN, V6E 3X2
Targeted Microwave Solutions Inc is an industrial clean technology company in the business of developing patented microwave-based application technologies to dry, decontaminate, physically upgrade and fully eliminate or reduce environment harming emissions. The technology has specific application to mass-scale use of industrial aggregates, energy producing biomass, low-rank coals and other materials for use by power utilities and industrial companies.