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PATH (TSE:3840) Shiller PE Ratio : (As of Jun. 20, 2024)


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What is PATH Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PATH Shiller PE Ratio Historical Data

The historical data trend for PATH'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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PATH Shiller PE Ratio Chart

PATH Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
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PATH Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of PATH's Shiller PE Ratio

For the Specialty Business Services subindustry, PATH'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.


PATH's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PATH's Shiller PE Ratio distribution charts can be found below:

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



PATH 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.

PATH's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, PATH's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.413/106.8000*106.8000
=-0.413

Current CPI (Dec. 2023) = 106.8000.

PATH Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -10.133 95.700 -11.308
201406 -3.680 98.000 -4.010
201409 -1.180 98.500 -1.279
201412 0.880 97.900 0.960
201503 -13.930 97.900 -15.196
201506 -13.200 98.400 -14.327
201509 -8.686 98.500 -9.418
201512 -5.612 98.100 -6.110
201603 -6.457 97.900 -7.044
201606 -5.040 98.100 -5.487
201609 -6.460 98.000 -7.040
201612 -3.306 98.400 -3.588
201703 -39.210 98.100 -42.687
201706 -0.960 98.500 -1.041
201709 -0.324 98.800 -0.350
201712 1.414 99.400 1.519
201803 -0.760 99.200 -0.818
201806 -0.310 99.200 -0.334
201809 -0.175 99.900 -0.187
201812 -0.280 99.700 -0.300
201903 6.336 99.700 6.787
201906 -2.420 99.800 -2.590
201909 -0.495 100.100 -0.528
201912 -12.630 100.500 -13.422
202003 -12.006 100.300 -12.784
202006 -4.760 99.900 -5.089
202009 -4.404 99.900 -4.708
202012 -4.450 99.300 -4.786
202103 -4.750 99.900 -5.078
202106 -6.160 99.500 -6.612
202109 -4.610 100.100 -4.919
202112 -5.140 100.100 -5.484
202203 -5.053 101.100 -5.338
202206 -1.000 101.800 -1.049
202209 -1.280 103.100 -1.326
202212 -1.960 104.100 -2.011
202303 -1.220 104.400 -1.248
202306 -0.760 105.200 -0.772
202309 -1.240 106.200 -1.247
202312 -0.413 106.800 -0.413

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.


PATH  (TSE:3840) 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.


PATH Shiller PE Ratio Related Terms

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PATH (TSE:3840) Business Description

Traded in Other Exchanges
N/A
Address
6-17-11 Jingumae, JPR Harajuku Building, Shibuya-ku, Tokyo, JPN, 150-0001
PATH Corp is a business service provider. The company offers consulting services which include planning and proposing new businesses using block chain technology, implementing and introducing systems, and procuring means for new business funds, and mail order related business.

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