Palestine Development & Investment Co (XPAE:PADICO) Shiller PE Ratio : 15.29 (As of May. 14, 2024)

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What is Palestine Development & Investment Co Shiller PE Ratio?

As of today (2024-05-14), Palestine Development & Investment Co's current share price is $1.07. Palestine Development & Investment Co's E10 for the quarter that ended in Dec. 2023 was $0.07. Palestine Development & Investment Co's Shiller PE Ratio for today is 15.29.

The historical rank and industry rank for Palestine Development & Investment Co's Shiller PE Ratio or its related term are showing as below:

XPAE:PADICO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.64 Med: 14.95 Max: 18.13
Current: 15.37

During the past years, Palestine Development & Investment Co's highest Shiller PE Ratio was 18.13. The lowest was 9.64. And the median was 14.95.

XPAE:PADICO's Shiller PE Ratio is ranked worse than
62.99% of 762 companies
in the Asset Management industry
Industry Median: 13.025 vs XPAE:PADICO: 15.37

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.

Palestine Development & Investment Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $-0.114. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation

Palestine Development & Investment Co Shiller PE Ratio Historical Data

The historical data trend for Palestine Development & Investment Co'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.

Palestine Development & Investment Co Shiller PE Ratio Chart

Palestine Development & Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shiller PE Ratio

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13.49

17.25

Palestine Development & Investment Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Shiller PE Ratio	Get a 7-Day Free Trial															13.49	14.63	15.83	16.43	17.25

Competitive Comparison of Palestine Development & Investment Co's Shiller PE Ratio

For the Asset Management subindustry, Palestine Development & Investment Co'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.

Palestine Development & Investment Co's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Palestine Development & Investment Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Palestine Development & Investment Co's Shiller PE Ratio falls into.

Palestine Development & Investment Co 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.

Palestine Development & Investment Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	1.07	/	0.07
	=	15.29

Palestine Development & Investment Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Palestine Development & Investment Co'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)
	=	-0.114	/	129.4194	*	129.4194
	=	-0.114

Current CPI (Dec. 2023) = 129.4194.

Palestine Development & Investment Co Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201403	0.029	99.695	0.038
201406	0.029	100.560	0.037
201409	0.009	100.428	0.012
201412	0.011	99.070	0.014
201503	0.023	99.621	0.030
201506	0.033	100.684	0.042
201509	0.024	100.392	0.031
201512	0.008	99.792	0.010
201603	0.027	100.470	0.035
201606	0.023	101.688	0.029
201609	0.025	101.861	0.032
201612	0.001	101.863	0.001
201703	0.017	102.862	0.021
201706	0.012	103.349	0.015
201709	0.018	104.136	0.022
201712	-0.017	104.011	-0.021
201803	0.023	105.290	0.028
201806	0.023	106.317	0.028
201809	0.012	106.507	0.015
201812	0.003	105.998	0.004
201903	0.060	107.251	0.072
201906	0.015	108.070	0.018
201909	0.010	108.329	0.012
201912	-0.010	108.420	-0.012
202003	-0.002	108.902	-0.002
202006	-0.005	108.767	-0.006
202009	0.017	109.815	0.020
202012	0.008	109.897	0.009
202103	0.023	111.754	0.027
202106	0.028	114.631	0.032
202109	0.017	115.734	0.019
202112	0.017	117.630	0.019
202203	0.027	121.301	0.029
202206	0.027	125.017	0.028
202209	0.024	125.227	0.025
202212	0.035	125.222	0.036
202303	0.042	127.348	0.043
202306	0.028	128.729	0.028
202309	-0.016	129.860	-0.016
202312	-0.114	129.419	-0.114

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.

Palestine Development & Investment Co (XPAE:PADICO) 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.

Palestine Development & Investment Co Shiller PE Ratio Related Terms

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Palestine Development & Investment Co (XPAE:PADICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Palestine Development & Investment Co (XPAE:PADICO) » Definitions » Shiller PE Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 6181, Amman, JOR, 11118

Website

https://www.padico.com

Palestine Development & Investment Co is an investment and development company. It invests in real estate, telecommunications, tourism, industry, agriculture, infrastructure, financial services, and the environment sectors. The company's objective is to develop and encourage investment in various sectors and technical and consultancy services through the establishment of companies, joint ventures, and associations with other companies. The firm's investment strategy is based on sector diversification, long-term investment, and well-founded partnerships. It classifies its investments in subsidiary companies, affiliated companies, and other investments.

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