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Vecima Networks (Vecima Networks) Shiller PE Ratio : 36.84 (As of Jun. 23, 2024)


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What is Vecima Networks Shiller PE Ratio?

As of today (2024-06-23), Vecima Networks's current share price is $15.84. Vecima Networks's E10 for the quarter that ended in Mar. 2024 was $0.43. Vecima Networks's Shiller PE Ratio for today is 36.84.

The historical rank and industry rank for Vecima Networks's Shiller PE Ratio or its related term are showing as below:

VNWTF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.69   Med: 18.68   Max: 38.79
Current: 35.34

During the past years, Vecima Networks's highest Shiller PE Ratio was 38.79. The lowest was 12.69. And the median was 18.68.

VNWTF's Shiller PE Ratio is ranked worse than
65.56% of 1385 companies
in the Hardware industry
Industry Median: 24.26 vs VNWTF: 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. 2024 was $0.177. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vecima Networks Shiller PE Ratio Historical Data

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.

* Premium members only.

Vecima Networks Shiller PE Ratio Chart

Vecima Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.44 17.58 26.72 26.22 27.27

Vecima Networks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 36.49 27.27 28.54 28.51 34.09

Competitive Comparison of Vecima Networks's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the 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.



Vecima Networks 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.

Vecima Networks's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=15.84/0.43
=36.84

* 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. 2024 is calculated as:

For example, Vecima Networks's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.177/126.2576*126.2576
=0.177

Current CPI (Mar. 2024) = 126.2576.

Vecima Networks Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.175 99.473 0.222
201409 0.163 99.394 0.207
201412 0.139 98.367 0.178
201503 0.127 99.789 0.161
201506 0.146 100.500 0.183
201509 0.204 100.421 0.256
201512 0.211 99.947 0.267
201603 0.204 101.054 0.255
201606 0.116 102.002 0.144
201609 0.137 101.765 0.170
201612 0.127 101.449 0.158
201703 0.344 102.634 0.423
201706 -0.008 103.029 -0.010
201709 0.293 103.345 0.358
201712 0.047 103.345 0.057
201803 0.023 105.004 0.028
201806 0.023 105.557 0.028
201809 -0.038 105.636 -0.045
201812 0.067 105.399 0.080
201903 -0.052 106.979 -0.061
201906 -0.098 107.690 -0.115
201909 -0.045 107.611 -0.053
201912 0.121 107.769 0.142
202003 0.021 107.927 0.025
202006 -0.037 108.401 -0.043
202009 -0.030 108.164 -0.035
202012 -0.109 108.559 -0.127
202103 0.080 110.298 0.092
202106 0.049 111.720 0.055
202109 0.024 112.905 0.027
202112 0.047 113.774 0.052
202203 0.103 117.646 0.111
202206 0.117 120.806 0.122
202209 0.307 120.648 0.321
202212 0.258 120.964 0.269
202303 0.132 122.702 0.136
202306 0.158 124.203 0.161
202309 0.052 125.230 0.052
202312 0.112 125.072 0.113
202403 0.177 126.258 0.177

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  (OTCPK:VNWTF) 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

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


Vecima Networks (Vecima Networks) Business Description

Traded in Other Exchanges
Address
771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.