GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Inner East Community Finance Ltd (XNEC:IEC) » Definitions » Shiller PE Ratio

Inner East Community Finance (XNEC:IEC) Shiller PE Ratio : (As of May. 21, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Inner East Community Finance Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Inner East Community Finance Shiller PE Ratio Historical Data

The historical data trend for Inner East Community Finance'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.

Inner East Community Finance Shiller PE Ratio Chart

Inner East Community Finance Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Inner East Community Finance Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 - - - - -

Competitive Comparison of Inner East Community Finance's Shiller PE Ratio

For the Engineering & Construction subindustry, Inner East Community Finance'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.


Inner East Community Finance's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Inner East Community Finance's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Inner East Community Finance's Shiller PE Ratio falls into.



Inner East Community Finance 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.

Inner East Community Finance's E10 for the fiscal year that ended in Jun22 is calculated as:

For example, Inner East Community Finance's adjusted earnings per share data for the fiscal year that ended in Jun22 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun22 (Change)*Current CPI (Jun22)
=-0.025/117.1117*117.1117
=-0.025

Current CPI (Jun22) = 117.1117.

Inner East Community Finance Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201306 -0.030 95.473 -0.037
201406 -0.067 98.352 -0.080
201506 -0.005 99.838 -0.006
201606 -0.021 100.859 -0.024
201706 -0.009 102.809 -0.010
201806 -0.004 104.945 -0.004
201906 0.009 106.617 0.010
202006 -0.030 106.246 -0.033
202106 -0.014 110.332 -0.015
202206 -0.025 117.112 -0.025

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.


Inner East Community Finance  (XNEC:IEC) 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.


Inner East Community Finance Shiller PE Ratio Related Terms

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


Inner East Community Finance (XNEC:IEC) Business Description

Traded in Other Exchanges
N/A
Address
2 Regent Ave, Suite 2, Springvale, AUS, 3171
Inner East Community Finance Ltd provides plant hire services for the construction and building industry. The company also provides commercial and construction management services and sale of scaffolding equipment.

Inner East Community Finance (XNEC:IEC) Headlines

From GuruFocus

IEC and Creation Technologies Sign Merger Agreement

By Marketwired Marketwired 08-12-2021