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West African Resources (West African Resources) Shiller PE Ratio : 43.00 (As of May. 04, 2024)


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What is West African Resources Shiller PE Ratio?

As of today (2024-05-04), West African Resources's current share price is $0.86. West African Resources's E10 for the fiscal year that ended in Dec23 was $0.02. West African Resources's Shiller PE Ratio for today is 43.00.

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

WFRSF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.13   Med: 42.38   Max: 65.5
Current: 33.71

During the past 13 years, West African Resources's highest Shiller PE Ratio was 65.50. The lowest was 21.13. And the median was 42.38.

WFRSF's Shiller PE Ratio is ranked worse than
64.69% of 371 companies
in the Metals & Mining industry
Industry Median: 23.04 vs WFRSF: 33.71

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.

West African Resources's adjusted earnings per share data of for the fiscal year that ended in Dec23 was $0.095. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.02 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


West African Resources Shiller PE Ratio Historical Data

The historical data trend for West African Resources'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.

West African Resources Shiller PE Ratio Chart

West African Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,106.99 54.69 22.92

West African Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1,106.99 - 54.69 - 22.92

Competitive Comparison of West African Resources's Shiller PE Ratio

For the Gold subindustry, West African Resources'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.


West African Resources's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where West African Resources's Shiller PE Ratio falls into.



West African Resources 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.

West African Resources's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.86/0.02
=43.00

* 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.

West African Resources's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, West African Resources's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.095/125.6559*125.6559
=0.095

Current CPI (Dec23) = 125.6559.

West African Resources Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.057 98.352 -0.073
201506 -0.022 99.838 -0.028
201606 -0.019 100.859 -0.024
201706 -0.023 102.809 -0.028
201806 -0.032 104.945 -0.038
201912 -0.003 107.917 -0.003
202012 0.077 108.846 0.089
202112 0.148 112.654 0.165
202212 0.107 121.477 0.111
202312 0.095 125.656 0.095

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.


West African Resources  (OTCPK:WFRSF) 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.


West African Resources Shiller PE Ratio Related Terms

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West African Resources (West African Resources) Business Description

Traded in Other Exchanges
Address
1 Alvan Street, Level 1, Subiaco, WA, AUS, 6008
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The company operates in two segments: Mining operations and Exploration.

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