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TNSGF (Findev) Shiller PE Ratio : 2.62 (As of Apr. 12, 2025)


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What is Findev Shiller PE Ratio?

As of today (2025-04-12), Findev's current share price is $0.3148. Findev's E10 for the quarter that ended in Dec. 2024 was $0.12. Findev's Shiller PE Ratio for today is 2.62.

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

TNSGF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.11   Med: 3.15   Max: 14.33
Current: 2.37

During the past years, Findev's highest Shiller PE Ratio was 14.33. The lowest was 2.11. And the median was 3.15.

TNSGF's Shiller PE Ratio is ranked better than
96.83% of 1169 companies
in the Banks industry
Industry Median: 10.33 vs TNSGF: 2.37

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.

Findev's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.021. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.12 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Findev Shiller PE Ratio Historical Data

The historical data trend for Findev'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.

Findev Shiller PE Ratio Chart

Findev Annual Data
Trend May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.73

Findev Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 13.62 3.09 2.25 2.73

Competitive Comparison of Findev's Shiller PE Ratio

For the Mortgage Finance subindustry, Findev'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.


Findev's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Findev's Shiller PE Ratio distribution charts can be found below:

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


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Findev 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.

Findev's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.3148/0.12
=2.62

* 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.

Findev's E10 for the quarter that ended in Dec. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.021/127.3637*127.3637
=0.021

Current CPI (Dec. 2024) = 127.3637.

Findev Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201502 0.108 99.078 0.139
201505 -0.361 100.263 -0.459
201508 1.058 100.579 1.340
201511 -0.135 100.421 -0.171
201602 -0.138 100.421 -0.175
201605 0.109 101.765 0.136
201608 -0.004 101.686 -0.005
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.007 103.029 0.009
201709 0.008 103.345 0.010
201712 0.023 103.345 0.028
201803 0.008 105.004 0.010
201806 0.008 105.557 0.010
201809 0.008 105.636 0.010
201812 0.007 105.399 0.008
201903 0.015 106.979 0.018
201906 0.008 107.690 0.009
201909 0.008 107.611 0.009
201912 0.015 107.769 0.018
202003 0.021 107.927 0.025
202006 0.012 108.401 0.014
202009 0.012 108.164 0.014
202012 0.017 108.559 0.020
202103 0.016 110.298 0.018
202106 0.016 111.720 0.018
202109 0.016 112.905 0.018
202112 0.102 113.774 0.114
202203 0.016 117.646 0.017
202206 0.016 120.806 0.017
202209 0.015 120.648 0.016
202212 0.000 120.964 0.000
202303 0.015 122.702 0.016
202306 0.015 124.203 0.015
202309 0.007 125.230 0.007
202312 0.015 125.072 0.015
202403 0.015 126.258 0.015
202406 0.015 127.522 0.015
202409 0.015 127.285 0.015
202412 0.021 127.364 0.021

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.


Findev  (OTCPK:TNSGF) 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.


Findev Shiller PE Ratio Related Terms

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Findev Business Description

Traded in Other Exchanges
Address
10 Wanless Avenue, Suite 200, Toronto, ON, CAN, M4N 1V6
Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above-average returns in a two to three-year timeframe. It focuses on lending to residential and retail development projects within the Greater Toronto Area. It focuses on real estate projects that include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments.