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IC Capitalight (XCNQ:IC) Shiller PE Ratio : (As of Sep. 24, 2024)


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What is IC Capitalight Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IC Capitalight Shiller PE Ratio Historical Data

The historical data trend for IC Capitalight'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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IC Capitalight Shiller PE Ratio Chart

IC Capitalight Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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IC Capitalight Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of IC Capitalight's Shiller PE Ratio

For the Asset Management subindustry, IC Capitalight'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.


IC Capitalight's Shiller PE Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where IC Capitalight's Shiller PE Ratio falls into.



IC Capitalight 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.

IC Capitalight's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, IC Capitalight'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)
=-0/126.2576*126.2576
=0.000

Current CPI (Mar. 2024) = 126.2576.

IC Capitalight Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.003 99.473 -0.004
201409 -0.003 99.394 -0.004
201412 -0.010 98.367 -0.013
201503 -0.002 99.789 -0.003
201506 -0.006 100.500 -0.008
201509 -0.020 100.421 -0.025
201512 0.000 99.947 0.000
201603 -0.002 101.054 -0.002
201606 -0.002 102.002 -0.002
201609 -0.020 101.765 -0.025
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 -0.001 103.029 -0.001
201709 0.000 103.345 0.000
201712 -0.019 103.345 -0.023
201803 -0.001 105.004 -0.001
201806 -0.002 105.557 -0.002
201809 0.000 105.636 0.000
201812 0.005 105.399 0.006
201903 -0.002 106.979 -0.002
201906 -0.004 107.690 -0.005
201909 -0.002 107.611 -0.002
201912 -0.012 107.769 -0.014
202003 -0.001 107.927 -0.001
202006 -0.002 108.401 -0.002
202009 -0.001 108.164 -0.001
202012 -0.007 108.559 -0.008
202103 0.010 110.298 0.011
202106 0.002 111.720 0.002
202109 0.000 112.905 0.000
202112 -0.008 113.774 -0.009
202203 0.000 117.646 0.000
202206 -0.002 120.806 -0.002
202209 -0.002 120.648 -0.002
202212 -0.006 120.964 -0.006
202303 -0.002 122.702 -0.002
202306 -0.003 124.203 -0.003
202309 -0.001 125.230 -0.001
202312 0.005 125.072 0.005
202403 0.000 126.258 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.


IC Capitalight  (XCNQ:IC) 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.


IC Capitalight Shiller PE Ratio Related Terms

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IC Capitalight Business Description

Traded in Other Exchanges
N/A
Address
7934 Government Road, Burnaby, BC, CAN, V5A 2E2
IC Capitalight Corp is a Canada-based merchant bank engaged in the business of pursuing value-based investment opportunities. It is focused on providing shareholders with long-term capital growth by investing in a portfolio of undervalued companies, assets, or investment vehicles within the mineral resource and other sectors.
Executives
Brian Gerald Bosse Director, Senior Officer

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