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Trigon Metals (TSXV:TM) Shiller PE Ratio : (As of May. 05, 2024)


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What is Trigon Metals Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Trigon Metals Shiller PE Ratio Historical Data

The historical data trend for Trigon Metals'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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Trigon Metals Shiller PE Ratio Chart

Trigon Metals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
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Trigon Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Competitive Comparison of Trigon Metals's Shiller PE Ratio

For the Copper subindustry, Trigon Metals'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.


Trigon Metals's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Trigon Metals's Shiller PE Ratio distribution charts can be found below:

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



Trigon Metals 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.

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

For example, Trigon Metals'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)
=-0.054/125.4675*125.4675
=-0.054

Current CPI (Dec. 2023) = 125.4675.

Trigon Metals Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 -0.048 96.945 -0.062
201403 -0.093 98.604 -0.118
201406 -0.102 99.473 -0.129
201409 -0.099 99.394 -0.125
201412 -0.034 98.367 -0.043
201503 -0.280 99.789 -0.352
201506 -0.022 100.500 -0.027
201509 -0.015 100.421 -0.019
201512 -0.020 99.947 -0.025
201603 0.037 101.054 0.046
201606 -0.020 102.002 -0.025
201609 -0.020 101.765 -0.025
201612 -0.030 101.449 -0.037
201703 -0.041 102.634 -0.050
201706 -0.041 103.029 -0.050
201709 -0.059 103.345 -0.072
201712 -0.030 103.345 -0.036
201803 -0.037 105.004 -0.044
201806 -0.030 105.557 -0.036
201809 -0.020 105.636 -0.024
201812 -0.020 105.399 -0.024
201903 -0.031 106.979 -0.036
201906 -0.010 107.690 -0.012
201909 -0.010 107.611 -0.012
201912 -0.020 107.769 -0.023
202003 -0.004 107.927 -0.005
202006 -0.005 108.401 -0.006
202009 -0.040 108.164 -0.046
202012 -0.010 108.559 -0.012
202103 -0.010 110.298 -0.011
202106 -0.010 111.720 -0.011
202109 -0.010 112.905 -0.011
202112 -0.010 113.774 -0.011
202203 -0.032 117.646 -0.034
202206 -0.040 120.806 -0.042
202209 -0.013 120.648 -0.014
202212 -0.014 120.964 -0.015
202303 -0.076 122.702 -0.078
202309 -0.027 125.230 -0.027
202312 -0.054 125.468 -0.054

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.


Trigon Metals  (TSXV:TM) 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.


Trigon Metals Shiller PE Ratio Related Terms

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Trigon Metals (TSXV:TM) Business Description

Traded in Other Exchanges
Address
130 Queens Quay East, Suite 1224, Toronto, ON, CAN, M5A 0P6
Trigon Metals Inc is an emerging copper and silver producer in the African continent. Trigon operates through the development of its Namibian mining and exploration permits. The company's projects include Kombat Mine and Gross Otavi in Namibia and the newly Silver Hill copper-silver exploration project in Morocco.