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Vecima NetworksTSX:VCM +0.16%76 Shiller PE Ratio is 35.06 as of Aug. 19, 2026, which is 51% above its 10-year median of 23.28. GuruFocus rates TSX:VCM with a GF Score™ of 76/100 and a GF Value™ of C$16.22 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,419 Hardware companies, Vecima Networks ranks worse than 54.76% on this metric.
As of today (2026-08-19), Vecima Networks's current share price is C$12.62. Vecima Networks's E10 for the quarter that ended in Mar. 2026 was C$0.36. Vecima Networks's Shiller PE Ratio for today is 35.06.
The historical rank and industry rank for Vecima Networks's Shiller PE Ratio or its related term are showing as below:
TSX:VCM'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.69 Med: 23.28 Max: 38.86
Current: 35.34
During the past years, Vecima Networks's highest Shiller PE Ratio was 38.86. The lowest was 12.69. And the median was 23.28.
TSX:VCM's Shiller PE Ratio is ranked worse than 54.76% of 1419
companies
in the Hardware industry
Industry Median: 30.81
vs TSX:VCM: 35.34
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Vecima Networks's adjusted earnings per share data for the three months ended in Mar. 2026 was C$-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.36 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Vecima Networks (TSX:VCM) 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.
Vecima Networks Shiller PE Ratio Related Terms
Vecima Networks Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Vecima Networks'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.
TSX:VCM vs CSCO, MSI, HPE: Shiller PE Ratio Comparison
For the Communication Equipment subindustry, Vecima Networks'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.
Vecima Networks Shiller PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Vecima Networks's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Vecima Networks's Shiller PE Ratio falls into.
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.
Vecima Networks's Shiller PE Ratio for today is calculated as
* 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.
Vecima Networks's E10 for the quarter that ended in Mar. 2026 is calculated as:
For example, Vecima Networks's adjusted earnings per share data for the three months ended in Mar. 2026 was:
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.
Vecima Networks (TSX:VCM) has a Shiller PE Ratio of 35.06 as of Aug. 19, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Vecima Networks and its competitors. This is 51% above median its historical median of 23.28. Over the past decade, Vecima Networks' Shiller PE Ratio has ranged from 12.69 to 38.86. According to the industry distribution chart, Vecima Networks ranks #777 out of 1419 companies in the Hardware industry, placing it in the top 54.8%.
Is Vecima Networks' Shiller PE Ratio too high?
Vecima Networks' current Shiller PE Ratio of 35.06 is 51% above median its 10-year median of 23.28. Over the past 10 years, this metric has ranged from a low of 12.69 to a high of 38.86. The Hardware industry median Shiller PE Ratio is 30.81. Vecima Networks' value of 35.06 is 13.8% above this industry median. Based on the distribution chart, Vecima Networks ranks #777 out of 1419 companies in the Hardware industry, which is below the industry midpoint. Overall, Vecima Networks has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vecima Networks' Shiller PE Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Vecima Networks ranks #777 out of 1419 companies for Shiller PE Ratio. This places Vecima Networks in the lower half of its industry. The industry median Shiller PE Ratio is 30.81. Vecima Networks' value of 35.06 is 13.8% above this benchmark. Historically, Vecima Networks' own Shiller PE Ratio has ranged from 12.69 to 38.86 over the past decade. While the company's 10-year median is 23.28 vs. the industry median of 30.81, Vecima Networks has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Hardware company?
The median Shiller PE Ratio among Hardware companies is 30.81, based on 1,419 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vecima Networks's current Shiller PE Ratio of 35.06 is 13.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Vecima Networks and its competitors. For the Hardware industry, the median Shiller PE Ratio is 30.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vecima Networks's current Shiller PE Ratio is 35.06, which is 51% above median its own 10-year median of 23.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vecima Networks stock overvalued right now?
Based on GuruFocus' analysis, Vecima Networks (TSX:VCM) is currently considered Modestly Undervalued. The stock's GF Value™ is C$16.22, compared to a current price of C$12.62 — trading 22.2% below its estimated fair value. The current Shiller PE Ratio is 35.06, which is 51% above median its 10-year median of 23.28 and 13.8% above the Hardware industry median of 30.81. Vecima Networks' overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Vecima Networks (TSX:VCM), the current Shiller PE Ratio is 35.06 as of Aug. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vecima Networks (TSX:VCM) Overvalued in 2026?
Based on GuruFocus' analysis, Vecima Networks stock appears to be undervalued.
The current stock price of C$12.62 is trading 22.2% below its estimated GF Value™ of C$16.22.
GuruFocus considers Vecima Networks to be Modestly Undervalued.
Key valuation signals for TSX:VCM:
Shiller PE Ratio: 35.06 (51% above median its 10-year median of 23.28)
GF Value™: C$16.22 vs. price of C$12.62 (22.2% below fair value)
Industry Position: 13.8% above the Hardware median (#777 of 1419)
No single metric tells the full story. See the TSX:VCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vecima Networks Inc is a Canadian company that develops integrated hardware and software solutions for broadband access, content delivery, and telematics. It operates through three business segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The majority revenue generation segment, Video and Broadband Solutions segment, provides platforms that support broadband and video services over cable and fiber networks. The Content Delivery and Storage segment offers software and solutions for storing, transforming, and delivering video content. The Telematics segment provides fleet management and asset tracking solutions for mobile and fixed assets. The company has operations with offices and manufacturing facilities in several countries.
76GF Score
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