As of today (2025-05-05), Comet Industries's current share price is C$4.00. Comet Industries's E10 for the quarter that ended in Oct. 2024 was C$0.20. Comet Industries's Shiller PE Ratio for today is 20.00.
The historical rank and industry rank for Comet Industries's Shiller PE Ratio or its related term are showing as below:
TSXV:CMU'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.63 Med: 197.5 Max: 475
Current: 20.15
During the past years, Comet Industries's highest Shiller PE Ratio was 475.00. The lowest was 15.63. And the median was 197.50.
TSXV:CMU's Shiller PE Ratio is ranked worse than 72.92% of 1012
companies
in the Real Estate industry
Industry Median: 11.3
vs TSXV:CMU: 20.15
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Comet Industries's adjusted earnings per share data for the three months ended in Oct. 2024 was C$-0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.20 for the trailing ten years ended in Oct. 2024.
Shiller PE for Stocks: The True Measure of Stock Valuation
Comet Industries Shiller PE Ratio Historical Data
The historical data trend for Comet Industries'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.
Competitive Comparison of Comet Industries's Shiller PE Ratio
For the Real Estate Services subindustry, Comet Industries'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.
Comet Industries's Shiller PE Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Comet Industries's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Comet Industries'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.
* 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.
Comet Industries's E10 for the quarter that ended in Oct. 2024 is calculated as:
For example, Comet Industries's adjusted earnings per share data for the three months ended in Oct. 2024 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.
Comet Industries (TSXV:CMU) 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.
Comet Industries Shiller PE Ratio Related Terms
Thank you for viewing the detailed overview of Comet Industries's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
1177 West Hastings Street, Suite 1610, Vancouver, BC, CAN, V6E 2K3
Website
Comet Industries Ltd is an exploration-stage company. Principally, it is engaged in the business of acquiring and holding mineral properties and holding and managing real properties, in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia on a freehold basis. Its segment includes Rental, Exploration, and General or administration. The company generates maximum revenue from the Rental segment. It owns an interest in the Big Onion zone on the Iron Mask property, which consists of approximately five crown-granted mineral claims.
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