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Functional Technologies (TSXV:FEB.H) Shiller PE Ratio : (As of Jun. 19, 2024)


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What is Functional Technologies Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Functional Technologies Shiller PE Ratio Historical Data

The historical data trend for Functional Technologies'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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Functional Technologies Shiller PE Ratio Chart

Functional Technologies Annual Data
Trend Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Shiller PE Ratio
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Functional Technologies Semi-Annual Data
Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
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Competitive Comparison of Functional Technologies's Shiller PE Ratio

For the Biotechnology subindustry, Functional Technologies'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.


Functional Technologies's Shiller PE Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Functional Technologies's Shiller PE Ratio distribution charts can be found below:

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



Functional Technologies 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.

Functional Technologies's E10 for the fiscal year that ended in Aug12 is calculated as:

For example, Functional Technologies's adjusted earnings per share data for the fiscal year that ended in Aug12 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Aug12 (Change)*Current CPI (Aug12)
=0/96.2339*96.2339
=0.000

Current CPI (Aug12) = 96.2339.

Functional Technologies Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
200308 0.000 81.301 0.000
200408 0.000 82.802 0.000
200508 0.000 84.936 0.000
200608 0.000 86.753 0.000
200708 0.000 88.254 0.000
200808 0.000 91.335 0.000
200908 0.000 90.624 0.000
201008 0.000 92.204 0.000
201108 0.000 95.049 0.000
201208 0.000 96.234 0.000

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.


Functional Technologies  (TSXV:FEB.H) 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.


Functional Technologies Shiller PE Ratio Related Terms

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Functional Technologies (TSXV:FEB.H) Business Description

Traded in Other Exchanges
N/A
Address
Functional Technologies Corp is incorporated under the corporate laws of British Columbia, Canada on October 18, 1999. The Company is a functional foods and biological health products company that is developing and commercializing advanced yeast products and other novel biological products for the food and health care industry. The company develops and commercializes proprietary, advanced yeast-based solutions to significant challenges in the food, beverage and healthcare industries, for which viable solutions are lacking. The Company's platform technologies improve the performance of innate yeast functions to primarily prevent the formation of naturally occurring toxins and contaminants that either affect final product quality or are classified by various global agencies as dangerous substances (e.g. carcinogens, neurotoxicants or reproductive toxicants). The Company operates in three geographic regions: Canada, Europe and the United States.

Functional Technologies (TSXV:FEB.H) Headlines

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