GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fountain Asset Corp (TSXV:FA) » Definitions » Shiller PE Ratio

Fountain Asset (TSXV:FA) Shiller PE Ratio : (As of May. 16, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Fountain Asset Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fountain Asset Shiller PE Ratio Historical Data

The historical data trend for Fountain Asset'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.

Fountain Asset Shiller PE Ratio Chart

Fountain Asset Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Fountain Asset Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Fountain Asset's Shiller PE Ratio

For the Credit Services subindustry, Fountain Asset'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.


Fountain Asset's Shiller PE Ratio Distribution in the Credit Services Industry

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

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



Fountain Asset 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.

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

For example, Fountain Asset'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)
=-0.06/125.4675*125.4675
=-0.060

Current CPI (Dec. 2023) = 125.4675.

Fountain Asset Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.020 98.604 -0.025
201406 0.030 99.473 0.038
201409 0.005 99.394 0.006
201412 0.050 98.367 0.064
201503 0.004 99.789 0.005
201506 -0.001 100.500 -0.001
201509 -0.070 100.421 -0.087
201512 -0.020 99.947 -0.025
201603 0.000 101.054 0.000
201606 0.010 102.002 0.012
201609 0.010 101.765 0.012
201612 0.000 101.449 0.000
201703 0.010 102.634 0.012
201706 -0.020 103.029 -0.024
201709 0.010 103.345 0.012
201712 0.050 103.345 0.061
201803 -0.030 105.004 -0.036
201806 0.070 105.557 0.083
201809 0.080 105.636 0.095
201812 0.020 105.399 0.024
201903 0.070 106.979 0.082
201906 -0.050 107.690 -0.058
201909 -0.190 107.611 -0.222
201912 -0.140 107.769 -0.163
202003 -0.030 107.927 -0.035
202006 0.010 108.401 0.012
202009 -0.004 108.164 -0.005
202012 0.070 108.559 0.081
202103 0.080 110.298 0.091
202106 0.010 111.720 0.011
202109 -0.010 112.905 -0.011
202112 -0.060 113.774 -0.066
202203 -0.030 117.646 -0.032
202206 -0.080 120.806 -0.083
202209 0.002 120.648 0.002
202212 -0.030 120.964 -0.031
202303 -0.003 122.702 -0.003
202306 -0.010 124.203 -0.010
202309 -0.010 125.230 -0.010
202312 -0.060 125.468 -0.060

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.


Fountain Asset  (TSXV:FA) 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.


Fountain Asset Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Fountain Asset's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fountain Asset (TSXV:FA) Business Description

Traded in Other Exchanges
N/A
Address
3 Market Street, Unit 609, Toronto, ON, CAN, M5E 0A3
Fountain Asset Corp is a Canadian investment company. It focuses on creating shareholder value by offering various debt and equity financing solutions to companies across several industries such as manufacturing, retail, financial services, technology, cannabis, biotechnology, oil and gas, mining, and cryptocurrency.